GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.10 per $10,000 · paid last 24h +0.036%

Price spread now: Lighter against QFEX+0.053%7-day average +0.007% · 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−$12as in the Price arb table

costs, in and out, $10k−$170.170% of the position

Long on QFEX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.061%+$6 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.053%, 7d avg +0.007%

Together, before fees+0.021%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.046% dearer against QFEX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX GOOGL-USD	357.68	0.0028	pay 0.0003% / 1h	29m 36s	$1.3M	$4.3M	10x
Short	Lighter GOOGL	357.87	0.0104	get 0.0013% / 1h	29m 36s	$2.1M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against QFEX. 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 QFEXbpFee LighterbpOrdersPrice spread, now +0.053%Rate

Funding earned: $15.98
Price spread: +0.053% → +0.007%: $4.6
Slippage, 4 orders: −$6.99
Fee QFEX: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: $3.58
Costs to cover: 0.170%
Break-even: 5.4 days

Slippage from QFEX: live order book, 4 min ago; Lighter: live order book, 2 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 QFEX live order book, 4 min ago	2.38 bp	7.4 bp −$7	7.4 bp −$74	12.6 bp −$1,259	doesn't fit
Sell Lighter live order book, 2 min ago	0.84 bp	1.3 bp −$1	4.8 bp −$48	123.0 bp −$12.3K	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	−0.062%	$524K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0054%	1h	357.62	−0.017%	$558K	$81K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.68	0.000%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.71	+0.009%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.75	+0.021%	$23K	$437K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.79	+0.031%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.59	−0.025%	$23K	$154K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.94	+0.073%	$115K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.86	+0.050%	$2.7M	$76K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0003%	1h	357.58	−0.028%	$144K	$50K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit GOOGLUSDT	+0.0015%	8h	357.95	+0.075%	$11.8M	$7.5M	100x	as long as short
Aster GOOGLUSDT	+0.0020%	8h	357.72	+0.010%	$366K	$458K	20x	as long as short
QFEX GOOGL-USDlong	+0.0028%	1h	357.68	long leg	$1.3M	$4.3M	10x
Lighter RH GOOGL	+0.0032%	1h	357.84	+0.045%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.157%	$128K	$45K	30x	as long as short
Extended GOOGL-USD	+0.0040%	1h	357.71	+0.008%	$426K	$1.8M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0040%	1h	357.61	−0.020%	$33K	—	20x	as long as short
Binance GOOGLUSDT	+0.0040%	8h	357.79	+0.029%	$72.9M	$141.2M	50x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.50	−0.050%	$208K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.86	+0.050%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.61	−0.020%	$99.1M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.52	−0.045%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.59	−0.025%	$137	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.49	−0.053%	$2.2M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0053%	8h	357.79	+0.031%	$293	$253	5x	as long as short
Bitget GOOGLUSDT	+0.0076%	8h	357.79	+0.031%	$17.0M	$9.3M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.58	−0.027%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.49	−0.053%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.58	−0.028%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.72	+0.011%	$10K	$10K	20x	as long as short
Lighter GOOGLshort	+0.0104%	1h	357.87	+0.053%	$2.1M	$1.2M	20x
Aevo GOOGL-PERP	+0.0104%	1h	357.66	−0.006%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.64	−0.011%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0113%	8h	357.78	+0.028%	$13.8M	$12.4M	50x	as long as short
BloFin GOOGL-USDT	+0.0161%	8h	357.69	+0.003%	$697K	$234K	20x	as long as short
edgeX GOOGLUSDC	+0.0514%	4h	357.77	+0.024%	$209K	$1.2M	10x	as long as short