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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h +0.003%
Price spread now: Lighter RH against Coinbase International+0.098%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$200.203% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.028%+$3 on $10k
Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.098%, 7d avg +0.118%
Together, before fees−0.133%+ Points / potential airdropLighter RH: Points live · farm board−$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.020% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.098% now, against its 7-day average of +0.118%). If the spread goes back, that is −$2 on $10k: about 18 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.028% in total) that is about 5.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International GOOGL-PERP-INTX358.77−0.0056get 0.0007% / 1h2m 24s$514K$1.1M10x
ShortLighter RH GOOGL359.120.0032get 0.0004% / 1h2m 24s$1.3M$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Coinbase International. 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
$18.48
Price spread: +0.098% → +0.118%
−$2.01
Slippage, 4 orders
−$10.33
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$3.86
Costs to cover
0.203%
Break-even
8.5 days
Slippage from Coinbase International: live order book, 4 min ago; Lighter RH: live order book, 4 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 Coinbase International live order book, 4 min ago1.67 bp7.5 bp −$810.4 bp −$104doesn't fitdoesn't fit
Sell Lighter RH live order book, 4 min ago1.67 bp2.2 bp −$23.8 bp −$3843.9 bp −$4,393doesn't fit

GOOGL on 36 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOOGL-PERP−0.1600%1h358.06−0.198%$33K20xas long as short
Coinbase International GOOGL-PERP-INTXlong−0.0056%1h358.77long leg$514K$1.1M10x
Bybit GOOGLUSDT0.0000%8h359.01+0.067%$11.5M$7.6M100xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h359.03+0.072%$13.5M$13.5M50xas long as short
Gate GOOGL_USDT0.0000%8h358.93+0.045%$3.7M$6.9M100xas long as short
Bitget GOOGLUSDT0.0000%8h359.13+0.100%$17.5M$9.4M100xas long as short
SunX GOOGL-USDT0.0000%8h359.25+0.134%$1K$3.7M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h358.75−0.006%$25K$148K10xas long as short
HTX GOOGL-USDT0.0000%8h359.02+0.070%$115K$211K30xas long as short
Phemex GOOGLUSDT0.0000%4h359.30+0.148%$2.7M$110K10xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GOOGL+0.0014%8h359.10+0.092%$5.0M$2.3Mas long as short
Aftermath Perps GOOGLUSD+0.0027%1h358.90+0.036%$145K$43K10xas long as short
Lighter RH GOOGLshort+0.0032%1h359.12+0.098%$1.3M$2.0M20x
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.460%$128K$45K30xas long as short
Vest GOOGL-USD-PERP+0.0046%1h359.22+0.125%$5K25xas long as short
QFEX GOOGL-USD+0.0048%1h359.01+0.067%$1.3M$4.1M10xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h358.86+0.025%$98.3M$21.7M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h358.94+0.047%$687K$413K10xas long as short
SoDEX GOOGL-USD+0.0050%1h358.75−0.006%$113$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h358.89+0.033%$2.3M$3.9M15xas long as short
Paradex GOOGL-USD-PERP+0.0061%8h359.07+0.083%$294$2535xas long as short
Aster GOOGLUSDT+0.0063%8h359.09+0.088%$369K$420K20xas long as short
Nado GOOGL-PERP+0.0066%1h358.97+0.056%$553K$81K20xas long as short
Arcus GOOGL-USD+0.0081%1h358.88+0.031%$211K$279K10xas long as short
Binance GOOGLUSDT+0.0082%8h359.09+0.088%$73.1M$142.9M50xas long as short
Extended GOOGL-USD+0.0088%1h359.02+0.068%$426K$2.4M20xas long as short
Pacifica GOOGL+0.0100%1h359.08+0.085%$42K$20K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h358.74−0.008%$3.0M$236K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h358.93+0.045%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h358.89+0.033%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h358.84+0.019%$25K10xas long as short
Phoenix GOOGL+0.0134%1h358.93+0.045%$138K$36K20xas long as short
Lighter GOOGL+0.0160%1h359.12+0.098%$2.0M$2.2M20xas long as short
GRVT GOOGL_USDT_Perp+0.0203%8h359.30+0.147%$23K$447K10xas long as short
BloFin GOOGL-USDT+0.0204%8h359.24+0.131%$690K$242K20xas long as short
edgeX GOOGLUSDC+0.0245%4h359.05+0.077%$210K$1.2M10xas long as short