Settings8H · net · $10k
Funding arb · Price arb /

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.034%
Price spread now: Lighter against SoDEX+0.062%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.062% dearer against SoDEX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX GOOGL-USD357.620.0050pay 0.0006% / 1h46m 00s$109$46K10x
ShortLighter GOOGL357.840.0096get 0.0012% / 1h46m 00s$2.0M$2.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. 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

Funding earned
$9.66
Price spread: +0.062% → 0.000%
$6.15
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
$7.81
Costs to cover
0.080%
Break-even
1.3 days
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Lighter live order book, 4 min ago0.84 bp1.3 bp −$13.4 bp −$3443.4 bp −$4,343doesn't fit
SoDEX: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOOGL-PERP−0.1600%1h354.12−0.979%$33K20xas long as short
Coinbase International GOOGL-PERP-INTX−0.0040%1h357.46−0.045%$517K$1.2M10xas long as short
Bybit GOOGLUSDT0.0000%8h357.87+0.070%$11.5M$7.7M100xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h357.90+0.078%$13.5M$13.7M50xas long as short
Gate GOOGL_USDT0.0000%8h357.75+0.036%$3.7M$6.8M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.83+0.059%$17.4M$9.8M100xas long as short
SunX GOOGL-USDT0.0000%8h357.95+0.092%$1K$3.7M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.67+0.014%$29K$152K10xas long as short
HTX GOOGL-USDT0.0000%8h358.07+0.126%$115K$211K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.98+0.101%$2.7M$114K10xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GOOGL+0.0004%8h358.09+0.132%$5.0M$2.3Mas long as short
Aftermath Perps GOOGLUSD+0.0030%1h357.85+0.064%$144K$42K10xas long as short
Lighter RH GOOGL+0.0032%1h357.87+0.070%$1.4M$1.8M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.140%$128K$45K30xas long as short
Aster GOOGLUSDT+0.0045%8h357.72+0.028%$367K$420K20xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.95+0.092%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.58−0.011%$97.9M$21.9M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.83+0.059%$685K$421K10xas long as short
SoDEX GOOGL-USDlong+0.0050%1h357.62long leg$109$46K10x
Ondo Perps GOOGL-USD.P+0.0050%1h357.51−0.031%$2.3M$4.0M15xas long as short
edgeX GOOGLUSDC+0.0051%4h358.14+0.145%$209K$1.2M10xas long as short
QFEX GOOGL-USD+0.0060%1h357.91+0.081%$1.3M$4.1M10xas long as short
Paradex GOOGL-USD-PERP+0.0060%8h357.78+0.044%$293$2535xas long as short
Binance GOOGLUSDT+0.0062%8h357.73+0.032%$73.0M$145.4M50xas long as short
Extended GOOGL-USD+0.0064%1h357.63+0.004%$426K$2.4M20xas long as short
GRVT GOOGL_USDT_Perp+0.0087%8h358.09+0.131%$12K$459K10xas long as short
Lighter GOOGLshort+0.0096%1h357.84+0.062%$2.0M$2.1M20x
Pacifica GOOGL+0.0100%1h357.86+0.068%$42K$20K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.68+0.017%$3.0M$254K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.99+0.103%$36K$17K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.69+0.020%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.61−0.002%$25K10xas long as short
Nado GOOGL-PERP+0.0114%1h357.68+0.016%$552K$82K20xas long as short
Phoenix GOOGL+0.0134%1h357.97+0.098%$138K$36K20xas long as short
BloFin GOOGL-USDT+0.0188%8h357.98+0.101%$693K$231K20xas long as short
Arcus GOOGL-USD+0.0199%1h357.78+0.045%$211K$210K10xas long as short