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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0213%/8h= +23.3% APRnext payment +$0.27 per $10,000 · paid last 24h +0.035%
Price spread now: Lighter against Aftermath Perps+0.111%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$310.314% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.094%+$9 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.111%, 7d avg +0.048%
Together, before fees+0.005%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.063% dearer against Aftermath Perps than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps GOOGLUSD357.160.0027pay 0.0003% / 1h41m 42s$144K$48K10x
ShortLighter GOOGL357.560.0240get 0.0030% / 1h41m 42s$2.0M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aftermath Perps. 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
$44.67
Price spread: +0.111% → +0.048%
$6.29
Slippage, 4 orders
−$22.35
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
$19.6
Costs to cover
0.314%
Break-even
3.9 days
Slippage from Aftermath Perps: live order book, 12 min ago; Lighter: live order book, 5 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 Aftermath Perps live order book, 12 min ago4.00 bp11.2 bp −$1124.2 bp −$242doesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago0.70 bp0.8 bp −$12.2 bp −$2245.1 bp −$4,512doesn't fit

GOOGL on 36 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
Gate GOOGL_USDT0.0000%8h357.38+0.060%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.61+0.125%$17.4M$9.6M100xas long as short
SunX GOOGL-USDT0.0000%8h357.53+0.102%$829$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.38+0.060%$24K$155K10xas long as short
HTX GOOGL-USDT0.0000%8h357.75+0.164%$115K$220K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.63+0.130%$2.7M$85K10xas long as short
Coinbase International GOOGL-PERP-INTX+0.0016%1h356.93−0.066%$522K$1.1M10xas long as short
Aftermath Perps GOOGLUSDlong+0.0027%1h357.16long leg$144K$48K10x
Variational Omni GOOGL+0.0030%8h357.39+0.064%$4.8M$2.4Mas long as short
Nado GOOGL-PERP+0.0030%1h357.35+0.053%$557K$80K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH GOOGL+0.0032%1h357.53+0.102%$1.3M$2.1M20xas long as short
GRVT GOOGL_USDT_Perp+0.0032%8h357.44+0.077%$23K$436K10xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.012%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.20+0.010%$207K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.62+0.128%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.37+0.058%$99.1M$20.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.34+0.049%$685K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.37+0.058%$142$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.16−0.001%$2.3M$4.9M15xas long as short
QFEX GOOGL-USD+0.0064%1h357.45+0.080%$1.3M$4.2M10xas long as short
Aster GOOGLUSDT+0.0089%8h357.79+0.175%$366K$426K20xas long as short
Pacifica GOOGL+0.0100%1h357.49+0.092%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.15−0.004%$3.0M$91K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.24+0.021%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.46+0.083%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.50+0.094%$25K10xas long as short
OKX GOOGL-USDT-SWAP+0.0105%8h357.46+0.083%$13.8M$12.4M50xas long as short
Binance GOOGLUSDT+0.0108%8h357.49+0.091%$72.5M$141.5M50xas long as short
Paradex GOOGL-USD-PERP+0.0109%8h357.55+0.107%$293$2535xas long as short
Extended GOOGL-USD+0.0112%1h357.42+0.071%$422K$1.8M20xas long as short
Hotstuff GOOGL-PERP+0.0168%1h357.41+0.069%$33K20xas long as short
Phoenix GOOGL+0.0179%1h357.33+0.046%$137K$36K20xas long as short
BloFin GOOGL-USDT+0.0228%8h357.49+0.091%$693K$234K20xas long as short
Lighter GOOGLshort+0.0240%1h357.56+0.111%$2.0M$1.3M20x
Bybit GOOGLUSDT+0.0243%8h357.62+0.128%$12.0M$7.5M100xas long as short
edgeX GOOGLUSDC+0.0523%4h357.44+0.077%$208K$1.2M10xas long as short