Funding you earn now, next payment 06:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.029%
Price spread now: Lighter against Nado+0.051%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$260.265% of the position
Funding, last 3 days (all we have)+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.051%, 7d avg +0.023%
=Together, before fees+0.075%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.028% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado GOOGL-PERP | 357.16 | −0.0023 | get 0.0003% / 1h | 6m 16s | $557K | $86K | 20x |
| Short | Lighter GOOGL | 357.34 | 0.0112 | get 0.0014% / 1h | 6m 16s | $2.0M | $1.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Nado. 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
- $28.38
- Price spread: +0.051% → +0.023%
- $2.76
- Slippage, 4 orders
- −$19.47
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $4.68
- Costs to cover
- 0.265%
- Break-even
- 5.8 days
Slippage from Nado: live order book, 42 min ago; Lighter: live order book, 5 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 Nado live order book, 42 min ago | 0.28 bp | 10.6 bp −$11 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 0.42 bp | 0.5 bp −$1 | 3.4 bp −$34 | 90.7 bp −$9,068 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERPlong | −0.0023% | 1h | 357.16 | long leg | $557K | $86K | 20x | |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.37 | +0.059% | $13.7M | $12.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.23 | +0.020% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.40 | +0.068% | $17.3M | $9.9M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.45 | +0.082% | $4.7M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.48 | +0.089% | $23K | $446K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.37 | +0.059% | $1K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.13 | −0.008% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.50 | +0.096% | $115K | $213K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.48 | +0.090% | $2.7M | $87K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 356.88 | −0.078% | $519K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0020% | 1h | 357.28 | +0.034% | $145K | $47K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.33 | +0.048% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.011% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.13 | −0.008% | $207K | $278K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0045% | 8h | 357.50 | +0.096% | $366K | $426K | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.40 | +0.068% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0047% | 1h | 357.24 | +0.023% | $1.2M | $4.2M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.12 | −0.011% | $98.2M | $21.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.13 | −0.008% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.14 | −0.005% | $163 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.03 | −0.036% | $2.3M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0057% | 8h | 357.28 | +0.033% | $293 | $253 | 5x | as long as short |
| Extended GOOGL-USD | +0.0064% | 1h | 357.25 | +0.026% | $422K | $1.2M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0065% | 8h | 357.36 | +0.056% | $72.1M | $143.6M | 50x | as long as short |
| Hotstuff GOOGL-PERP | +0.0072% | 1h | 357.16 | 0.000% | $33K | — | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.11 | −0.013% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.87 | −0.081% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.30 | +0.040% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.19 | +0.009% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.22 | +0.018% | $25K | — | 10x | as long as short |
| Lighter GOOGLshort | +0.0112% | 1h | 357.34 | +0.051% | $2.0M | $1.3M | 20x | |
| Phoenix GOOGL | +0.0134% | 1h | 357.29 | +0.037% | $137K | $36K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0186% | 8h | 357.40 | +0.068% | $685K | $236K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0196% | 8h | 357.42 | +0.073% | $12.0M | $7.6M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0578% | 4h | 357.45 | +0.083% | $208K | $1.2M | 10x | as long as short |
Lighter GOOGL
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Aster GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Extended GOOGL-USD
Binance GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC