Funding you earn now, next payment 10:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h −0.023%
Price spread now: Lighter RH against Extended+0.035%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$100.100% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 7 days−0.005%−$1 · spread now +0.035%, 7d avg +0.002%
=Together, before fees−0.054%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.033% dearer against Extended than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of +0.002%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 48 hours. At the pace of the last 7 days (−0.049% in total) that is about 4.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended GOOGL-USD | 358.97 | 0.0088 | pay 0.0011% / 1h | 6m 17s | $426K | $2.4M | 20x |
| Short | Lighter RH GOOGL | 359.09 | 0.0032 | get 0.0004% / 1h | 6m 17s | $1.3M | $1.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Extended. 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
- −$11.76
- Price spread: +0.035% → +0.002%
- $3.33
- Slippage, 4 orders
- −$4.99
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$18.42
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage from Extended: live order book, 5 min ago; Lighter RH: live order book, 5 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 Extended live order book, 5 min ago | 0.14 bp | 3.5 bp −$3 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 1.25 bp | 1.4 bp −$1 | 3.3 bp −$33 | 45.2 bp −$4,518 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0056% | 1h | 358.76 | −0.057% | $516K | $1.1M | 10x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 359.01 | +0.013% | $11.5M | $7.5M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 359.10 | +0.038% | $13.5M | $13.5M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 358.95 | −0.004% | $3.7M | $6.8M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 359.14 | +0.049% | $17.5M | $9.4M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 359.04 | +0.021% | $948 | $3.7M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 358.82 | −0.040% | $25K | $148K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 359.18 | +0.060% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 359.32 | +0.099% | $2.7M | $108K | 10x | as long as short |
| Variational Omni GOOGL | +0.0009% | 8h | 359.20 | +0.067% | $5.0M | $2.4M | — | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps GOOGLUSD | +0.0028% | 1h | 358.95 | −0.005% | $145K | $43K | 10x | as long as short |
| Lighter RH GOOGLshort | +0.0032% | 1h | 359.09 | +0.035% | $1.3M | $1.9M | 20x | |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.514% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 359.16 | +0.054% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0048% | 1h | 359.09 | +0.035% | $1.3M | $4.1M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 358.77 | −0.054% | $98.3M | $21.6M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 358.93 | −0.010% | $687K | $413K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 358.83 | −0.038% | $110 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 359.10 | +0.038% | $2.3M | $3.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0062% | 8h | 359.19 | +0.061% | $295 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0067% | 8h | 359.07 | +0.029% | $369K | $420K | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0072% | 1h | 359.06 | +0.026% | $33K | — | 20x | as long as short |
| Nado GOOGL-PERP | +0.0072% | 1h | 359.04 | +0.022% | $553K | $81K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0081% | 1h | 358.98 | +0.004% | $211K | $279K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0088% | 8h | 359.19 | +0.063% | $73.2M | $142.3M | 50x | as long as short |
| Extended GOOGL-USDlong | +0.0088% | 1h | 358.97 | long leg | $426K | $2.4M | 20x | |
| Pacifica GOOGL | +0.0100% | 1h | 359.12 | +0.043% | $42K | $20K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 358.81 | −0.043% | $3.0M | $232K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 358.93 | −0.010% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 358.95 | −0.004% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 358.99 | +0.007% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 358.97 | +0.001% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0184% | 1h | 359.09 | +0.035% | $2.0M | $2.2M | 20x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0203% | 8h | 359.25 | +0.080% | $23K | $446K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0206% | 8h | 359.24 | +0.077% | $689K | $241K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0485% | 4h | 359.17 | +0.058% | $210K | $1.2M | 10x | as long as short |
Extended GOOGL-USD
Lighter RH GOOGL
Coinbase International GOOGL-PERP-INTX
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Variational Omni GOOGL
Aftermath Perps GOOGLUSD
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Binance GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Lighter GOOGL
GRVT GOOGL_USDT_Perp
BloFin GOOGL-USDT
edgeX GOOGLUSDC