Funding you earn now, next payment 07:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter RH against Polymarket Perps+0.062%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$180.183% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.062%, 7d avg +0.059%
=Together, before fees−0.069%+ Points / potential airdropLighter RH: Points live · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.059%, 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 | Polymarket Perps GOOG-USD | 356.71 | 0.0050 | pay 0.0006% / 1h | 23m 50s | $684K | $430K | 10x |
| Short | Lighter RH GOOGL | 356.93 | 0.0032 | get 0.0004% / 1h | 23m 50s | $1.3M | $2.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Polymarket Perps. 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
- −$3.78
- Price spread: +0.062% → +0.059%
- $0.3
- Slippage, 4 orders
- −$10.33
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$21.81
- Costs to cover
- 0.183%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 19 min ago; Lighter RH: live order book, 4 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 Polymarket Perps live order book, 19 min ago | 3.51 bp | 7.5 bp −$8 | 8.4 bp −$84 | 9.6 bp −$960 | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 1.40 bp | 1.7 bp −$2 | 3.7 bp −$37 | 45.2 bp −$4,524 | 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 | −0.0024% | 1h | 356.60 | −0.031% | $511K | $1.1M | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 356.96 | +0.070% | $13.6M | $13.0M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.85 | +0.039% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.03 | +0.090% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 356.93 | +0.062% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.92 | +0.059% | $23K | $448K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.99 | +0.078% | $1K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.76 | +0.014% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.06 | +0.098% | $114K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.05 | +0.095% | $2.7M | $88K | 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 | +0.0020% | 1h | 356.68 | −0.008% | $144K | $46K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0024% | 8h | 357.09 | +0.108% | $365K | $424K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0028% | 1h | 356.82 | +0.030% | $549K | $92K | 20x | as long as short |
| Lighter RH GOOGLshort | +0.0032% | 1h | 356.93 | +0.062% | $1.3M | $2.1M | 20x | |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.115% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0038% | 1h | 356.90 | +0.053% | $1.2M | $4.2M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.68 | −0.008% | $207K | $278K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0045% | 8h | 357.00 | +0.082% | $72.0M | $143.8M | 50x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.07 | +0.101% | — | $5K | 25x | as long as short |
| Extended GOOGL-USD | +0.0048% | 1h | 356.91 | +0.057% | $423K | $1.2M | 20x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.79 | +0.022% | $98.1M | $21.4M | 20x | as long as short |
| Polymarket Perps GOOG-USDlong | +0.0050% | 1h | 356.71 | long leg | $684K | $430K | 10x | |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.81 | +0.028% | $154 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.60 | −0.031% | $2.3M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0053% | 8h | 356.96 | +0.069% | $293 | $253 | 5x | as long as short |
| Hotstuff GOOGL-PERP | +0.0088% | 1h | 356.80 | +0.025% | $33K | — | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 356.86 | +0.042% | $137K | $36K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.93 | +0.061% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.59 | −0.034% | $3.0M | $101K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.82 | +0.031% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.81 | +0.028% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.85 | +0.039% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0120% | 1h | 356.97 | +0.073% | $2.0M | $1.3M | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0151% | 8h | 356.98 | +0.076% | $11.5M | $7.9M | 100x | as long as short |
| BloFin GOOGL-USDT | +0.0166% | 8h | 357.00 | +0.081% | $688K | $236K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0929% | 4h | 356.89 | +0.049% | $208K | $1.2M | 10x | as long as short |
Polymarket Perps GOOG-USD
Lighter RH GOOGL
Coinbase International GOOGL-PERP-INTX
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
Aftermath Perps GOOGLUSD
Aster GOOGLUSDT
Injective GOOGL/USDC PERP
Binance GOOGLUSDT
Extended GOOGL-USD
tradeXYZ xyz:GOOGL
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Phoenix GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Bybit GOOGLUSDT
BloFin GOOGL-USDT
edgeX GOOGLUSDC