Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h +0.013%

Price spread now: Paradex against Lighter RH−0.009%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · Paradex: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH GOOGL	357.61	0.0032	pay 0.0004% / 1h	6m 05s	$1.3M	$2.1M	20x
Short	Paradex GOOGL-USD-PERP	357.58	0.0065	get 0.0065% / 8h	3h 06m	$293	$253	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Lighter RHbpFee ParadexbpOrdersPrice spread, now −0.009%Rate

Funding earned: $7
Price spread: −0.009% → 0.000%: −$0.86
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: $2.14
Costs to cover: 0.040%
Break-even: 4.9 days

Slippage unknown: Lighter RH: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.

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, 2 min ago	1.54 bp	1.9 bp −$2	4.7 bp −$47	47.8 bp −$4,783	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Gate GOOGL_USDT	0.0000%	8h	357.49	−0.034%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.64	+0.008%	$17.5M	$9.7M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.64	+0.008%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.35	−0.073%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.68	+0.020%	$115K	$216K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.68	+0.020%	$2.7M	$87K	10x	as long as short
Nado GOOGL-PERP	+0.0008%	1h	357.46	−0.043%	$558K	$86K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.67	+0.017%	$522K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0022%	1h	357.50	−0.031%	$144K	$47K	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0029%	8h	357.67	+0.017%	$24K	$442K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GOOGL	+0.0029%	8h	357.57	−0.011%	$4.8M	$2.4M	—	as long as short
Lighter RH GOOGLlong	+0.0032%	1h	357.61	long leg	$1.3M	$2.1M	20x
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.137%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.38	−0.064%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.68	+0.020%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.39	−0.062%	$99.2M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.38	−0.064%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.42	−0.053%	$157	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.26	−0.098%	$2.3M	$4.9M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.56	−0.014%	$1.3M	$4.2M	10x	as long as short
Paradex GOOGL-USD-PERPshort	+0.0065%	8h	357.58	−0.009%	$293	$253	5x
OKX GOOGL-USDT-SWAP	+0.0070%	8h	357.56	−0.014%	$13.7M	$12.5M	50x	as long as short
Aster GOOGLUSDT	+0.0084%	8h	357.53	−0.022%	$366K	$426K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.44	−0.046%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.49	−0.034%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.44	−0.048%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.48	−0.036%	$10K	$11K	20x	as long as short
Binance GOOGLUSDT	+0.0103%	8h	357.58	−0.008%	$72.4M	$142.9M	50x	as long as short
Extended GOOGL-USD	+0.0104%	1h	357.48	−0.036%	$419K	$1.2M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.51	−0.028%	$25K	—	10x	as long as short
Hotstuff GOOGL-PERP	+0.0112%	1h	357.42	−0.053%	$33K	—	20x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.46	−0.042%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0200%	1h	357.63	+0.006%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0224%	8h	357.62	+0.003%	$693K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0241%	8h	357.70	+0.025%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0954%	4h	357.60	−0.004%	$208K	$1.2M	10x	as long as short