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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0167%/8h= +18.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.025%
Price spread now: Arcus against Lighter RH−0.025%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$7as in the Price arb table
costs, in and out, $10k−$100.099% of the position
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)+0.042%+$4 · spread now −0.025%, 7d avg −0.052%
Together, before fees+0.133%+ Points / potential airdropLighter RH: Points live · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Arcus is 0.026% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH GOOGL357.870.0032pay 0.0004% / 1h43m 54s$1.4M$1.8M20x
ShortArcus GOOGL-USD357.780.0199get 0.0025% / 1h43m 54s$211K$213K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Lighter RH. 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
$35.16
Price spread: −0.025% → −0.052%
$2.64
Slippage, 4 orders
−$5.4
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$27.91
Costs to cover
0.099%
Break-even
1.4 days
Slippage from Lighter RH: live order book, 2 min ago; Arcus: live order book, 2 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 RH live order book, 2 min ago1.82 bp2.0 bp −$24.7 bp −$47doesn't fitdoesn't fit
Sell Arcus live order book, 2 min ago0.42 bp2.7 bp −$39.1 bp −$9118.9 bp −$1,888doesn'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%1h354.23−1.017%$33K20xas long as short
Coinbase International GOOGL-PERP-INTX−0.0040%1h357.46−0.115%$517K$1.2M10xas long as short
Bybit GOOGLUSDT0.0000%8h357.88+0.003%$11.5M$7.7M100xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h357.86−0.003%$13.5M$13.7M50xas long as short
Gate GOOGL_USDT0.0000%8h357.78−0.025%$3.7M$6.8M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.90+0.008%$17.4M$9.8M100xas long as short
Variational Omni GOOGL0.0000%8h357.87+0.001%$5.0M$2.3Mas long as short
SunX GOOGL-USDT0.0000%8h357.95+0.022%$2K$3.7M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.69−0.050%$29K$152K10xas long as short
HTX GOOGL-USDT0.0000%8h358.03+0.045%$115K$211K30xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex GOOGLUSDT0.0000%4h358.01+0.039%$2.7M$114K10xas long as short
Aftermath Perps GOOGLUSD+0.0031%1h357.85−0.006%$144K$42K10xas long as short
Lighter RH GOOGLlong+0.0032%1h357.87long leg$1.4M$1.8M20x
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.210%$128K$45K30xas long as short
Aster GOOGLUSDT+0.0044%8h357.82−0.013%$367K$420K20xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.92+0.014%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.66−0.059%$97.9M$21.9M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.78−0.025%$685K$421K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.61−0.073%$106$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.54−0.092%$2.3M$4.0M15xas long as short
Extended GOOGL-USD+0.0056%1h357.83−0.011%$426K$2.4M20xas long as short
QFEX GOOGL-USD+0.0060%1h357.84−0.008%$1.2M$4.1M10xas long as short
Paradex GOOGL-USD-PERP+0.0060%8h357.75−0.033%$293$2535xas long as short
Binance GOOGLUSDT+0.0060%8h357.95+0.022%$73.1M$145.5M50xas long as short
GRVT GOOGL_USDT_Perp+0.0066%8h357.96+0.026%$12K$463K10xas long as short
Pacifica GOOGL+0.0100%1h357.79−0.022%$42K$20K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.67−0.056%$3.0M$256K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.78−0.025%$36K$17K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.66−0.059%$10K$11K20xas long as short
Lighter GOOGL+0.0104%1h357.84−0.008%$2.0M$2.1M20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.62−0.071%$25K10xas long as short
Nado GOOGL-PERP+0.0113%1h357.65−0.061%$552K$82K20xas long as short
Phoenix GOOGL+0.0134%1h357.97+0.028%$138K$36K20xas long as short
BloFin GOOGL-USDT+0.0182%8h357.93+0.017%$695K$231K20xas long as short
Arcus GOOGL-USDshort+0.0199%1h357.78−0.025%$211K$213K10x
edgeX GOOGLUSDC+0.0616%4h357.80−0.020%$208K$1.2M10xas long as short