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+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.007%
Price spread now: tradeXYZ against Lighter RH−0.064%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$230.227% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.041%+$4 on $10k
Price spread, last 7 days+0.011%+$1 · spread now −0.064%, 7d avg −0.050%
Together, before fees+0.052%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board+$5 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH GOOGL357.960.0032pay 0.0004% / 1h0m 05s$1.3M$2.3M20x
ShorttradeXYZ xyz:GOOGL357.730.0050get 0.0006% / 1h0m 05s$99.1M$21.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 it
latest
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: −0.064% → −0.050%
−$1.44
Slippage, 4 orders
−$4.7
Fee Lighter RH: 0 bp × 2 orders
$0
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$20.36
Costs to cover
0.227%
Break-even
44.7 days
Slippage from Lighter RH: live order book, 3 min ago; tradeXYZ: live order book, 10 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 Lighter RH live order book, 3 min ago1.82 bp1.9 bp −$24.4 bp −$44doesn't fitdoesn't fit
Sell tradeXYZ live order book, 10 min ago0.14 bp9.5 bp −$1012.4 bp −$124doesn't fitdoesn'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
Coinbase International GOOGL-PERP-INTX−0.0064%1h357.46−0.140%$524K$1.1M10xas long as short
Hotstuff GOOGL-PERP−0.0016%1h357.76−0.056%$33K20xas long as short
Nado GOOGL-PERP−0.0007%1h357.72−0.068%$558K$80K20xas long as short
Gate GOOGL_USDT0.0000%8h357.85−0.031%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h357.90−0.016%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.93−0.008%$23K$436K10xas long as short
SunX GOOGL-USDT0.0000%8h357.99+0.008%$1K$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.70−0.073%$24K$155K10xas long as short
HTX GOOGL-USDT0.0000%8h358.00+0.011%$115K$221K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.98+0.006%$2.7M$81K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps GOOGLUSD+0.0006%1h357.62−0.095%$144K$49K10xas long as short
QFEX GOOGL-USD+0.0028%1h357.89−0.020%$1.3M$4.3M10xas long as short
Aster GOOGLUSDT+0.0031%8h357.70−0.071%$366K$457K20xas long as short
Lighter RH GOOGLlong+0.0032%1h357.96long leg$1.3M$2.3M20x
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.235%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.65−0.087%$208K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.92−0.011%$5K25xas long as short
tradeXYZ xyz:GOOGLshort+0.0050%1h357.73−0.064%$99.1M$21.1M20x
Polymarket Perps GOOG-USD+0.0050%1h357.69−0.075%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.73−0.064%$155$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.66−0.084%$2.3M$4.9M15xas long as short
Binance GOOGLUSDT+0.0052%8h357.99+0.007%$73.1M$141.4M50xas long as short
Extended GOOGL-USD+0.0056%1h357.89−0.019%$426K$1.8M20xas long as short
Bitget GOOGLUSDT+0.0059%8h358.02+0.017%$17.5M$9.6M100xas long as short
Paradex GOOGL-USD-PERP+0.0079%8h357.89−0.019%$293$2535xas long as short
Pacifica GOOGL+0.0100%1h357.95−0.003%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.45−0.142%$3.0M$73K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.61−0.098%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.79−0.047%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.81−0.042%$25K10xas long as short
OKX GOOGL-USDT-SWAP+0.0108%8h357.95−0.003%$13.8M$12.4M50xas long as short
Phoenix GOOGL+0.0112%1h357.78−0.050%$138K$36K20xas long as short
Bybit GOOGLUSDT+0.0119%8h358.11+0.042%$12.0M$7.6M100xas long as short
BloFin GOOGL-USDT+0.0170%8h357.94−0.006%$697K$234K20xas long as short
Lighter GOOGL+0.0176%1h357.99+0.008%$2.1M$1.3M20xas long as short
edgeX GOOGLUSDC+0.0510%4h357.91−0.013%$209K$1.2M10xas long as short