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−0.0157%/8h= −17.2% APRnext payment $0.20 per $10,000 · paid last 24h −0.025%
Price spread now: Nado against Lighter−0.049%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$260.261% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.082%−$8 on $10k
Price spread, last 4 days (all we have)−0.073%−$7 · spread now −0.049%, 7d avg −0.021%
Together, before fees−0.155%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Nado is 0.028% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter GOOGL357.780.0088pay 0.0011% / 1h49m 27s$2.1M$1.2M20x
ShortNado GOOGL-PERP357.60−0.0069pay 0.0009% / 1h49m 27s$558K$80K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$33.06
Price spread: −0.049% → −0.021%
−$2.8
Slippage, 4 orders
−$19.06
Fee Lighter: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$61.92
Costs to cover
0.261%
Break-even
never at this rate
Slippage from Lighter: live order book, 7 min ago; Nado: live order book, 14 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, 7 min ago0.56 bp0.8 bp −$13.6 bp −$36doesn't fitdoesn't fit
Sell Nado live order book, 14 min ago0.14 bp14.2 bp −$1422.6 bp −$226doesn't fitdoesn't fit

GOOGL on 35 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
Deribit GOOGL_USDC-PERPETUAL−0.0170%1h357.39−0.109%$23K$154K10xas long as short
Nado GOOGL-PERPshort−0.0069%1h357.60−0.049%$558K$80K20x
Coinbase International GOOGL-PERP-INTX−0.0064%1h357.29−0.137%$523K$1.1M10xas long as short
Hotstuff GOOGL-PERP−0.0024%1h357.55−0.064%$33K20xas long as short
Gate GOOGL_USDT0.0000%8h357.60−0.050%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h357.62−0.046%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.65−0.037%$23K$437K10xas long as short
SunX GOOGL-USDT0.0000%8h357.75−0.008%$1K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.87+0.025%$115K$223K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.780.000%$2.7M$75K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps GOOGLUSD+0.0005%1h357.39−0.109%$144K$50K10xas long as short
Bybit GOOGLUSDT+0.0026%8h357.75−0.008%$11.8M$7.5M100xas long as short
QFEX GOOGL-USD+0.0028%1h357.62−0.045%$1.3M$4.4M10xas long as short
Lighter RH GOOGL+0.0032%1h357.76−0.006%$1.3M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.184%$128K$45K30xas long as short
Aster GOOGLUSDT+0.0037%8h357.64−0.039%$366K$458K20xas long as short
Arcus GOOGL-USD+0.0040%1h357.42−0.101%$203K$274K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.83+0.014%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.53−0.070%$99.0M$22.5M20xas long as short
Bitget GOOGLUSDT+0.0050%8h357.72−0.017%$17.0M$9.3M100xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.41−0.103%$685K$431K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.54−0.067%$147$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.31−0.131%$2.3M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0054%8h357.74−0.011%$293$2535xas long as short
Extended GOOGL-USD+0.0056%1h357.66−0.035%$421K$1.8M20xas long as short
Binance GOOGLUSDT+0.0057%8h357.74−0.012%$72.9M$141.5M50xas long as short
Lighter GOOGLlong+0.0088%1h357.78long leg$2.1M$1.2M20x
Pacifica GOOGL+0.0100%1h357.48−0.084%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.24−0.151%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.46−0.089%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.56−0.061%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.55−0.064%$25K10xas long as short
Phoenix GOOGL+0.0112%1h357.54−0.067%$138K$36K20xas long as short
OKX GOOGL-USDT-SWAP+0.0136%8h357.71−0.020%$13.8M$12.4M50xas long as short
edgeX GOOGLUSDC+0.0644%4h357.54−0.067%$209K$1.2M10xas long as short