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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.034%
Price spread now: Lighter against tradeXYZ+0.062%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$210.209% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.114%+$11 on $10k
Price spread, last 7 days+0.004%$0 · spread now +0.062%, 7d avg +0.061%
Together, before fees+0.119%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:GOOGL357.470.0050pay 0.0006% / 1h50m 55s$99.0M$22.5M20x
ShortLighter GOOGL357.690.0088get 0.0011% / 1h50m 55s$2.1M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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
$7.98
Price spread: +0.062% → +0.061%
$0.09
Slippage, 4 orders
−$2.94
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Lighter: 0 bp × 2 orders
$0
Net
−$12.87
Costs to cover
0.209%
Break-even
18.3 days
Slippage from tradeXYZ: live order book, 9 min ago; Lighter: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 9 min ago0.14 bp9.7 bp −$1013.2 bp −$132doesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago0.56 bp0.8 bp −$14.0 bp −$40104.2 bp −$10.4Kdoesn't fit

GOOGL on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado GOOGL-PERP−0.0067%1h357.54+0.021%$558K$80K20xas long as short
Coinbase International GOOGL-PERP-INTX−0.0064%1h357.29−0.050%$523K$1.1M10xas long as short
Deribit GOOGL_USDC-PERPETUAL−0.0030%1h357.36−0.031%$23K$154K10xas long as short
Gate GOOGL_USDT0.0000%8h357.57+0.028%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h357.62+0.041%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.60+0.036%$23K$437K10xas long as short
SunX GOOGL-USDT0.0000%8h357.68+0.059%$1K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.76+0.081%$115K$223K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.71+0.067%$2.7M$75K10xas long as short
Aftermath Perps GOOGLUSD+0.0005%1h357.38−0.026%$144K$50K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOOGL-PERP+0.0016%1h357.42−0.014%$33K20xas long as short
Bybit GOOGLUSDT+0.0025%8h357.72+0.070%$11.8M$7.5M100xas long as short
QFEX GOOGL-USD+0.0028%1h357.55+0.022%$1.3M$4.4M10xas long as short
Lighter RH GOOGL+0.0032%1h357.67+0.056%$1.3M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.098%$128K$45K30xas long as short
Aster GOOGLUSDT+0.0039%8h357.57+0.027%$365K$458K20xas long as short
Arcus GOOGL-USD+0.0040%1h357.37−0.028%$202K$272K10xas long as short
Bitget GOOGLUSDT+0.0045%8h357.68+0.059%$17.0M$9.3M100xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.77+0.084%$5K25xas long as short
tradeXYZ xyz:GOOGLlong+0.0050%1h357.47long leg$99.0M$22.5M20x
Polymarket Perps GOOG-USD+0.0050%1h357.39−0.022%$685K$431K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.51+0.011%$149$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.24−0.064%$2.3M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0054%8h357.66+0.053%$293$2535xas long as short
Extended GOOGL-USD+0.0056%1h357.58+0.029%$421K$1.8M20xas long as short
Binance GOOGLUSDT+0.0058%8h357.68+0.060%$72.9M$141.5M50xas long as short
Lighter GOOGLshort+0.0088%1h357.69+0.062%$2.1M$1.2M20x
Pacifica GOOGL+0.0100%1h357.40−0.018%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.16−0.087%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.46−0.003%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.50+0.008%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.51+0.011%$25K10xas long as short
Phoenix GOOGL+0.0112%1h357.470.000%$137K$36K20xas long as short
OKX GOOGL-USDT-SWAP+0.0138%8h357.67+0.056%$13.8M$12.4M50xas long as short
edgeX GOOGLUSDC+0.0644%4h357.54+0.020%$209K$1.2M10xas long as short