Funding you earn now, next payment 06:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.008%
Price spread now: Lighter RH against tradeXYZ+0.059%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$230.226% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now +0.059%, 7d avg +0.050%
=Together, before fees−0.068%+ Points / potential airdroptradeXYZ: Active · Lighter RH: Points live · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.050%, 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 | tradeXYZ xyz:GOOGL | 357.14 | 0.0050 | pay 0.0006% / 1h | 7m 41s | $98.2M | $21.5M | 20x |
| Short | Lighter RH GOOGL | 357.35 | 0.0032 | get 0.0004% / 1h | 7m 41s | $1.3M | $2.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against tradeXYZ. 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: +0.059% → +0.050%
- $0.87
- Slippage, 4 orders
- −$4.59
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$25.5
- Costs to cover
- 0.226%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; Lighter RH: live order book, 5 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 tradeXYZ live order book, 12 min ago | 0.14 bp | 9.5 bp −$9 | 11.6 bp −$116 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.26 bp | 1.7 bp −$2 | 4.3 bp −$43 | 49.7 bp −$4,972 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERP | −0.0022% | 1h | 357.17 | +0.009% | $557K | $86K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.37 | +0.064% | $13.7M | $12.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.26 | +0.034% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.42 | +0.078% | $17.3M | $9.9M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.45 | +0.087% | $4.7M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.48 | +0.094% | $23K | $446K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.38 | +0.067% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.18 | +0.011% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.48 | +0.095% | $115K | $213K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.53 | +0.109% | $2.7M | $87K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 356.88 | −0.073% | $519K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0020% | 1h | 357.28 | +0.039% | $145K | $47K | 10x | as long as short |
| Lighter RH GOOGLshort | +0.0032% | 1h | 357.35 | +0.059% | $1.3M | $2.1M | 20x | |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.006% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.15 | +0.003% | $207K | $278K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.45 | +0.087% | — | $5K | 25x | as long as short |
| Aster GOOGLUSDT | +0.0046% | 8h | 357.52 | +0.106% | $366K | $426K | 20x | as long as short |
| QFEX GOOGL-USD | +0.0047% | 1h | 357.24 | +0.028% | $1.2M | $4.2M | 10x | as long as short |
| tradeXYZ xyz:GOOGLlong | +0.0050% | 1h | 357.14 | long leg | $98.2M | $21.5M | 20x | |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.14 | 0.000% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.15 | +0.003% | $159 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.19 | +0.014% | $2.3M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0057% | 8h | 357.30 | +0.046% | $293 | $253 | 5x | as long as short |
| Extended GOOGL-USD | +0.0064% | 1h | 357.27 | +0.036% | $422K | $1.2M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0066% | 8h | 357.37 | +0.064% | $72.1M | $143.7M | 50x | as long as short |
| Hotstuff GOOGL-PERP | +0.0072% | 1h | 357.16 | +0.006% | $33K | — | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.13 | −0.003% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.89 | −0.070% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.30 | +0.045% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.20 | +0.017% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.25 | +0.030% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0112% | 1h | 357.36 | +0.062% | $2.0M | $1.3M | 20x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 357.29 | +0.042% | $137K | $36K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0187% | 8h | 357.40 | +0.073% | $685K | $236K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0197% | 8h | 357.43 | +0.081% | $12.0M | $7.6M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0578% | 4h | 357.45 | +0.088% | $208K | $1.2M | 10x | as long as short |
tradeXYZ xyz:GOOGL
Lighter RH GOOGL
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
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Injective GOOGL/USDC PERP
Aster GOOGLUSDT
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Extended GOOGL-USD
Binance GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Phoenix GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC