GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0271%/8h= −29.6% APRnext payment −$0.34 per $10,000 · paid last 24h −0.025%

Price spread now: Lighter RH against Arcus+0.048%55s7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$90.091% of the position

Long on Arcus Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.091%−$9 on $10k

Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.048%, 7d avg +0.052%

Together, before fees−0.155%+ Points / potential airdropLighter RH: Points live · farm board−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.091% in total (about -8.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.34 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus GOOGL-USD	357.39	0.0303	pay 0.0038% / 1h	54m 26s	$212K	$222K	10x
Short	Lighter RH GOOGL	357.56	0.0032	get 0.0004% / 1h	54m 26s	$1.4M	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Arcus. 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

Position, each leg$Hold fordaysFee ArcusbpFee Lighter RHbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$56.85
Price spread: +0.048% → +0.052%: −$0.4
Slippage, 4 orders: −$4.58
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$66.34
Costs to cover: 0.091%
Break-even: never at this rate

Slippage from Arcus: live order book, 52 min ago; Lighter RH: live order book, 2 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 Arcus live order book, 52 min ago	0.42 bp	2.9 bp −$3	6.9 bp −$69	17.6 bp −$1,757	doesn't fit
Sell Lighter RH live order book, 2 min ago	1.54 bp	1.5 bp −$2	3.9 bp −$39	46.0 bp −$4,599	doesn't fit

GOOGL on 36 exchanges

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
Hotstuff GOOGL-PERP	−0.0192%	1h	357.26	−0.036%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0016%	1h	357.33	−0.017%	$530K	$1.2M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.48	+0.025%	$11.6M	$7.8M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.49	+0.028%	$13.4M	$13.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.38	−0.003%	$3.7M	$6.3M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.49	+0.028%	$17.4M	$9.9M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.50	+0.031%	$4.9M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.59	+0.056%	$12K	$465K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.66	+0.076%	$1K	$3.7M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.35	−0.011%	$29K	$151K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX GOOGL-USDT	0.0000%	8h	357.84	+0.126%	$115K	$212K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.80	+0.115%	$2.7M	$116K	10x	as long as short
Nado GOOGL-PERP	+0.0009%	1h	357.33	−0.017%	$552K	$84K	20x	as long as short
Aster GOOGLUSDT	+0.0032%	8h	357.53	+0.038%	$367K	$420K	20x	as long as short
Lighter RH GOOGLshort	+0.0032%	1h	357.56	+0.048%	$1.4M	$1.9M	20x
Aftermath Perps GOOGLUSD	+0.0032%	1h	357.44	+0.013%	$144K	$41K	10x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.076%	$128K	$45K	30x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.50	+0.031%	—	$5K	25x	as long as short
Extended GOOGL-USD	+0.0048%	1h	357.40	+0.004%	$426K	$2.8M	20x	as long as short
Binance GOOGLUSDT	+0.0049%	8h	357.48	+0.025%	$73.0M	$146.0M	50x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.28	−0.031%	$98.0M	$21.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.35	−0.011%	$684K	$440K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.34	−0.014%	$106	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.94	−0.126%	$2.3M	$3.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0059%	8h	357.43	+0.010%	$293	$253	5x	as long as short
edgeX GOOGLUSDC	+0.0059%	4h	357.50	+0.030%	$208K	$1.2M	10x	as long as short
QFEX GOOGL-USD	+0.0066%	1h	357.38	−0.003%	$1.2M	$4.1M	10x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.22	−0.047%	$42K	$20K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.21	−0.050%	$3.0M	$316K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.33	−0.017%	$36K	$17K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.42	+0.008%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.40	+0.003%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.43	+0.011%	$137K	$60K	20x	as long as short
Lighter GOOGL	+0.0144%	1h	357.48	+0.025%	$2.0M	$2.2M	20x	as long as short
BloFin GOOGL-USDT	+0.0169%	8h	357.51	+0.034%	$695K	$231K	20x	as long as short
Arcus GOOGL-USDlong	+0.0303%	1h	357.39	long leg	$212K	$222K	10x