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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0184%/8h= −20.1% APRnext payment $0.23 per $10,000 · paid last 24h −0.005%
Price spread now: Extended against Lighter−0.026%7-day average −0.015% · 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−$9as in the Price arb table
costs, in and out, $10k−$80.077% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.110%−$11 on $10k
Price spread, last 7 days−0.075%−$8 · spread now −0.026%, 7d avg −0.015%
Together, before fees−0.185%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.110% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter GOOGL357.670.0280pay 0.0035% / 1h5m 38s$2.0M$1.3M20x
ShortExtended GOOGL-USD357.580.0096get 0.0012% / 1h5m 38s$423K$1.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Lighter. 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
−$38.64
Price spread: −0.026% → −0.015%
−$1.11
Slippage, 4 orders
−$2.75
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$47.5
Costs to cover
0.077%
Break-even
never at this rate
Slippage from Lighter: live order book, 6 min ago; Extended: live order book, 3 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 live order book, 6 min ago0.14 bp0.3 bp $02.1 bp −$2183.4 bp −$8,342doesn't fit
Sell Extended live order book, 3 min ago0.14 bp3.5 bp −$413.1 bp −$131doesn'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−0.0048%1h357.54−0.036%$526K$1.1M10xas long as short
Gate GOOGL_USDT0.0000%8h357.57−0.028%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.79+0.034%$17.4M$9.6M100xas long as short
SunX GOOGL-USDT0.0000%8h357.69+0.006%$769$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.84+0.048%$115K$220K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.83+0.045%$2.7M$86K10xas long as short
Hotstuff GOOGL-PERP+0.0008%1h357.45−0.062%$33K20xas long as short
GRVT GOOGL_USDT_Perp+0.0008%8h357.70+0.007%$23K$432K10xas long as short
Variational Omni GOOGL+0.0015%8h357.64−0.008%$4.8M$2.3Mas long as short
Aftermath Perps GOOGLUSD+0.0021%1h357.63−0.011%$144K$48K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH GOOGL+0.0032%1h357.670.000%$1.3M$2.1M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.154%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.42−0.070%$207K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.65−0.006%$5K25xas long as short
QFEX GOOGL-USD+0.0050%1h357.55−0.034%$1.3M$4.2M10xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.44−0.064%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.46−0.059%$144$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.36−0.087%$2.3M$4.9M15xas long as short
tradeXYZ xyz:GOOGL+0.0052%1h357.46−0.059%$99.1M$20.5M20xas long as short
Aster GOOGLUSDT+0.0077%8h357.82+0.043%$366K$426K20xas long as short
Nado GOOGL-PERP+0.0079%1h357.38−0.081%$557K$80K20xas long as short
Extended GOOGL-USDshort+0.0096%1h357.58−0.026%$423K$1.8M20x
Binance GOOGLUSDT+0.0097%8h357.66−0.003%$72.7M$141.2M50xas long as short
Pacifica GOOGL+0.0100%1h357.64−0.007%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.25−0.117%$3.0M$91K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.41−0.073%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.50−0.048%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.54−0.036%$25K10xas long as short
Paradex GOOGL-USD-PERP+0.0109%8h357.57−0.029%$293$2535xas long as short
Phoenix GOOGL+0.0112%1h357.55−0.034%$138K$36K20xas long as short
OKX GOOGL-USDT-SWAP+0.0113%8h357.670.000%$13.8M$12.4M50xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0114%1h357.45−0.062%$24K$155K10xas long as short
BloFin GOOGL-USDT+0.0215%8h357.75+0.022%$695K$234K20xas long as short
Bybit GOOGLUSDT+0.0224%8h357.75+0.022%$12.0M$7.5M100xas long as short
Lighter GOOGLlong+0.0280%1h357.67long leg$2.0M$1.3M20x
edgeX GOOGLUSDC+0.0729%4h357.70+0.008%$209K$1.2M10xas long as short