Funding you earn now, next payment 05:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h +0.014%
Price spread now: Nado against Lighter RH−0.056%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$280.283% of the position
Funding, last 3 days (all we have)−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.056%, 7d avg −0.017%
=Together, before fees−0.036%+ Points / potential airdropLighter RH: Points live · Nado: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.038% cheaper against Lighter RH than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH GOOGL | 357.69 | 0.0032 | pay 0.0004% / 1h | 37m 14s | $1.3M | $2.1M | 20x |
| Short | Nado GOOGL-PERP | 357.49 | −0.0001 | pay 0.0000% / 1h | 37m 14s | $558K | $80K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Lighter RH. 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
- −$6.98
- Price spread: −0.056% → −0.017%
- −$3.83
- Slippage, 4 orders
- −$21.27
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$39.08
- Costs to cover
- 0.283%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 1 min ago; Nado: live order book, 16 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 Lighter RH live order book, 1 min ago | 1.68 bp | 1.9 bp −$2 | 4.2 bp −$42 | doesn't fit | doesn't fit |
| Sell Nado live order book, 16 min ago | 0.14 bp | 13.9 bp −$14 | 30.1 bp −$301 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit GOOGL_USDC-PERPETUAL | −0.0086% | 1h | 357.31 | −0.106% | $24K | $155K | 10x | as long as short |
| Nado GOOGL-PERPshort | −0.0001% | 1h | 357.49 | −0.056% | $558K | $80K | 20x | |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.53 | −0.045% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.69 | 0.000% | $17.4M | $9.6M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.65 | −0.011% | $1K | $4.1M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.79 | +0.028% | $115K | $220K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.65 | −0.011% | $2.7M | $85K | 10x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 357.11 | −0.162% | $522K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0025% | 1h | 357.30 | −0.110% | $144K | $48K | 10x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0027% | 8h | 357.52 | −0.048% | $23K | $440K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GOOGL | +0.0029% | 8h | 357.51 | −0.050% | $4.8M | $2.4M | — | as long as short |
| Lighter RH GOOGLlong | +0.0032% | 1h | 357.69 | long leg | $1.3M | $2.1M | 20x | |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.159% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.28 | −0.115% | $207K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.74 | +0.014% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.48 | −0.059% | $99.2M | $20.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.37 | −0.089% | $685K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.47 | −0.062% | $142 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.17 | −0.145% | $2.3M | $4.9M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 357.52 | −0.048% | $1.3M | $4.2M | 10x | as long as short |
| Aster GOOGLUSDT | +0.0084% | 8h | 357.73 | +0.011% | $366K | $426K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0097% | 8h | 357.62 | −0.020% | $13.8M | $12.4M | 50x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.61 | −0.022% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.15 | −0.151% | $3.0M | $91K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.42 | −0.075% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.48 | −0.059% | $10K | $11K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0104% | 8h | 357.65 | −0.011% | $72.3M | $141.9M | 50x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0104% | 8h | 357.61 | −0.024% | $293 | $253 | 5x | as long as short |
| Extended GOOGL-USD | +0.0104% | 1h | 357.56 | −0.037% | $419K | $1.8M | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.48 | −0.060% | $25K | — | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0120% | 1h | 357.48 | −0.059% | $33K | — | 20x | as long as short |
| Phoenix GOOGL | +0.0179% | 1h | 357.54 | −0.042% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0200% | 1h | 357.66 | −0.008% | $2.0M | $1.3M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0216% | 4h | 357.52 | −0.049% | $208K | $1.2M | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0224% | 8h | 357.65 | −0.011% | $695K | $234K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0236% | 8h | 357.73 | +0.011% | $12.0M | $7.5M | 100x | as long as short |
Lighter RH GOOGL
Deribit GOOGL_USDC-PERPETUAL
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
GRVT GOOGL_USDT_Perp
Variational Omni GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Aster GOOGLUSDT
OKX GOOGL-USDT-SWAP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Binance GOOGLUSDT
Paradex GOOGL-USD-PERP
Extended GOOGL-USD
Phoenix GOOGL
Lighter GOOGL
edgeX GOOGLUSDC
BloFin GOOGL-USDT
Bybit GOOGLUSDT