Funding you earn now, next payment 03:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.031%
Price spread now: Injective against Lighter RH−0.201%97s7-day average +0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$230.233% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.562%+$56 · spread now −0.201%, 7d avg +0.070%
=Together, before fees+0.565%+ Points / potential airdropLighter RH: Points live · farm board+$56 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.271% cheaper against Lighter RH than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.070%. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH GOOGL | 357.84 | 0.0032 | pay 0.0004% / 1h | 29m 47s | $1.3M | $2.3M | 20x |
| Short | Injective GOOGL/USDC PERP | 357.12 | 0.0033 | get 0.0004% / 1h | 29m 47s | $128K | $45K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Lighter RH. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.28
- Price spread: −0.201% → +0.070%
- −$27.12
- Slippage, 4 orders
- −$23.33
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$50.19
- Costs to cover
- 0.233%
- Break-even
- 1261.7 days
Slippage from Lighter RH: live order book, 3 min ago; Injective: live order book, 34 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 3 min ago | 1.26 bp | 1.6 bp −$2 | 4.4 bp −$44 | 47.9 bp −$4,792 | doesn't fit |
| Sell Injective live order book, 34 min ago | 9.38 bp | 10.5 bp −$10 | 10.5 bp −$105 | doesn't fit | doesn't fit |
GOOGL on 36 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0064% | 1h | 357.46 | −0.106% | $524K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0054% | 1h | 357.62 | −0.062% | $558K | $81K | 20x | as long as short |
| Hotstuff GOOGL-PERP | −0.0032% | 1h | 357.53 | −0.087% | $33K | — | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.68 | −0.045% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.71 | −0.036% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.78 | −0.016% | $23K | $437K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.79 | −0.014% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.59 | −0.070% | $23K | $154K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.94 | +0.028% | $115K | $223K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.86 | +0.006% | $2.7M | $76K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps GOOGLUSD | +0.0003% | 1h | 357.58 | −0.073% | $144K | $50K | 10x | as long as short |
| Bybit GOOGLUSDT | +0.0014% | 8h | 357.95 | +0.031% | $11.8M | $7.5M | 100x | as long as short |
| Aster GOOGLUSDT | +0.0020% | 8h | 357.74 | −0.028% | $366K | $458K | 20x | as long as short |
| QFEX GOOGL-USD | +0.0028% | 1h | 357.66 | −0.050% | $1.3M | $4.3M | 10x | as long as short |
| Lighter RH GOOGLlong | +0.0032% | 1h | 357.84 | long leg | $1.3M | $2.3M | 20x | |
| Injective GOOGL/USDC PERPshort | +0.0033% | 1h | 357.12 | −0.201% | $128K | $45K | 30x | |
| Extended GOOGL-USD | +0.0040% | 1h | 357.73 | −0.031% | $426K | $1.8M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0040% | 8h | 357.83 | −0.003% | $72.9M | $141.2M | 50x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.49 | −0.098% | $208K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.86 | +0.006% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.61 | −0.064% | $99.1M | $21.8M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.52 | −0.089% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.59 | −0.070% | $137 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.56 | −0.078% | $2.2M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0053% | 8h | 357.74 | −0.029% | $293 | $253 | 5x | as long as short |
| Bitget GOOGLUSDT | +0.0076% | 8h | 357.79 | −0.014% | $17.0M | $9.3M | 100x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.53 | −0.086% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.49 | −0.098% | $3.0M | $65K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.63 | −0.059% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.72 | −0.034% | $10K | $10K | 20x | as long as short |
| Lighter GOOGL | +0.0104% | 1h | 357.87 | +0.008% | $2.1M | $1.2M | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.66 | −0.050% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.64 | −0.056% | $138K | $36K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0113% | 8h | 357.78 | −0.017% | $13.8M | $12.4M | 50x | as long as short |
| BloFin GOOGL-USDT | +0.0161% | 8h | 357.69 | −0.042% | $697K | $234K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0514% | 4h | 357.77 | −0.021% | $209K | $1.2M | 10x | as long as short |
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Bybit GOOGLUSDT
Aster GOOGLUSDT
Extended GOOGL-USD
Binance GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Bitget GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT
edgeX GOOGLUSDC