Funding you earn now, next payment 06:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.020%
Price spread now: Lighter RH against Pacifica+0.054%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. Lighter RH is 0.054% dearer against Pacifica than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica GOOGL | 356.85 | 0.0100 | pay 0.0013% / 1h | 30m 01s | $42K | $41K | 10x |
| Short | Lighter RH GOOGL | 357.04 | 0.0032 | get 0.0004% / 1h | 30m 01s | $1.3M | $2.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Pacifica. 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
- −$14.28
- Price spread: +0.054% → 0.000%
- $5.38
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$16.9
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Lighter RH: live order book, 3 min ago. 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 3 min ago | 1.40 bp | 1.7 bp −$2 | 4.4 bp −$44 | 45.5 bp −$4,554 | doesn't fit |
Pacifica: 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 | 356.91 | +0.017% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.07 | +0.062% | $17.3M | $9.9M | 100x | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.98 | +0.037% | $23K | $445K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.05 | +0.057% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.76 | −0.025% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.19 | +0.096% | $115K | $215K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.06 | +0.059% | $2.7M | $87K | 10x | as long as short |
| Nado GOOGL-PERP | +0.0006% | 1h | 356.85 | +0.001% | $557K | $86K | 20x | as long as short |
| Variational Omni GOOGL | +0.0006% | 8h | 356.98 | +0.037% | $4.7M | $2.3M | — | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 356.57 | −0.078% | $519K | $1.1M | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX GOOGL-USDT-SWAP | +0.0021% | 8h | 356.98 | +0.037% | $13.7M | $12.8M | 50x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0023% | 1h | 356.79 | −0.015% | $144K | $47K | 10x | as long as short |
| Lighter RH GOOGLshort | +0.0032% | 1h | 357.04 | +0.054% | $1.3M | $2.1M | 20x | |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.076% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.74 | −0.030% | $207K | $278K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.11 | +0.073% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0047% | 1h | 356.98 | +0.037% | $1.2M | $4.3M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.81 | −0.011% | $98.1M | $21.7M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.82 | −0.008% | $684K | $431K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.79 | −0.016% | $155 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.59 | −0.072% | $2.3M | $4.9M | 15x | as long as short |
| Aster GOOGLUSDT | +0.0062% | 8h | 357.14 | +0.081% | $365K | $426K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0062% | 8h | 356.97 | +0.035% | $293 | $253 | 5x | as long as short |
| Extended GOOGL-USD | +0.0080% | 1h | 356.94 | +0.027% | $424K | $1.2M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0082% | 8h | 357.05 | +0.056% | $72.1M | $143.7M | 50x | as long as short |
| Pacifica GOOGLlong | +0.0100% | 1h | 356.85 | long leg | $42K | $41K | 10x | |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.89 | +0.012% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.83 | −0.005% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.85 | +0.001% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.90 | +0.013% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0112% | 1h | 357.03 | +0.051% | $2.0M | $1.3M | 20x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 356.84 | −0.002% | $137K | $36K | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0152% | 1h | 356.74 | −0.030% | $33K | — | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0202% | 8h | 357.03 | +0.051% | $693K | $236K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0215% | 8h | 357.13 | +0.079% | $12.0M | $7.6M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0619% | 4h | 356.93 | +0.022% | $208K | $1.2M | 10x | as long as short |
Pacifica GOOGL
Lighter RH GOOGL
Gate GOOGL_USDT
Bitget GOOGLUSDT
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Variational Omni GOOGL
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Aftermath Perps GOOGLUSD
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Aster GOOGLUSDT
Paradex GOOGL-USD-PERP
Extended GOOGL-USD
Binance GOOGLUSDT
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Phoenix GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC