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+0.0164%/8h= +18.0% APRnext payment +$0.21 per $10,000 · paid last 24h +0.025%
Price spread now: Lighter against Nado+0.052%47s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.267% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.083%+$8 on $10k
Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.052%, 7d avg +0.021%
Together, before fees+0.069%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Lighter is 0.030% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.021%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado GOOGL-PERP357.58−0.0052get 0.0007% / 1h25m 42s$558K$81K20x
ShortLighter GOOGL357.770.0112get 0.0014% / 1h25m 42s$2.1M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Nado. 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
$34.54
Price spread: +0.052% → +0.021%
$3.05
Slippage, 4 orders
−$19.72
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
$10.86
Costs to cover
0.267%
Break-even
4.8 days
Slippage from Nado: live order book, 37 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 Nado live order book, 37 min ago0.14 bp10.3 bp −$1019.1 bp −$191doesn't fitdoesn't fit
Sell Lighter live order book, 6 min ago0.84 bp1.3 bp −$14.8 bp −$48123.0 bp −$12.3Kdoesn'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%1h357.46−0.035%$524K$1.1M10xas long as short
Nado GOOGL-PERPlong−0.0052%1h357.58long leg$558K$81K20x
Deribit GOOGL_USDC-PERPETUAL−0.0002%1h357.43−0.043%$23K$154K10xas long as short
Gate GOOGL_USDT0.0000%8h357.60+0.004%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h357.66+0.022%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.81+0.063%$23K$437K10xas long as short
SunX GOOGL-USDT0.0000%8h357.73+0.041%$1K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.80+0.060%$115K$223K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.78+0.055%$2.7M$77K10xas long as short
Aftermath Perps GOOGLUSD+0.0004%1h357.58−0.002%$144K$50K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GOOGLUSDT+0.0018%8h357.61+0.008%$366K$458K20xas long as short
Bybit GOOGLUSDT+0.0019%8h357.81+0.063%$11.8M$7.5M100xas long as short
QFEX GOOGL-USD+0.0028%1h357.66+0.021%$1.3M$4.3M10xas long as short
Lighter RH GOOGL+0.0032%1h357.75+0.046%$1.3M$2.3M20xas long as short
Hotstuff GOOGL-PERP+0.0032%1h357.52−0.018%$33K20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.130%$128K$45K30xas long as short
Binance GOOGLUSDT+0.0038%8h357.72+0.038%$72.9M$141.2M50xas long as short
Extended GOOGL-USD+0.0040%1h357.62+0.011%$426K$1.8M20xas long as short
Arcus GOOGL-USD+0.0040%1h357.46−0.035%$207K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.80+0.060%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.50−0.024%$99.1M$21.8M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.45−0.038%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.53−0.015%$134$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.49−0.026%$2.2M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0053%8h357.69+0.029%$293$2535xas long as short
Bitget GOOGLUSDT+0.0074%8h357.79+0.057%$17.0M$9.3M100xas long as short
Pacifica GOOGL+0.0100%1h357.48−0.029%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.50−0.024%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.58−0.001%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.61+0.007%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.56−0.008%$25K10xas long as short
OKX GOOGL-USDT-SWAP+0.0110%8h357.74+0.043%$13.8M$12.4M50xas long as short
Phoenix GOOGL+0.0112%1h357.71+0.035%$138K$36K20xas long as short
Lighter GOOGLshort+0.0112%1h357.77+0.052%$2.1M$1.2M20x
BloFin GOOGL-USDT+0.0156%8h357.69+0.029%$697K$234K20xas long as short
edgeX GOOGLUSDC+0.0993%4h357.75+0.046%$209K$1.2M10xas long as short