Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0068%/8hnext payment +$0.09 per $10,000 · paid last 24h +0.020%

Price spread now: Pacifica against Lighter RH−0.030%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.030% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.030% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 36 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH GOOGL	356.65	0.0032	pay 0.0004% / 1h	23m 28s	$1.4M	$2.9M	20x
Short	Pacifica GOOGL	356.54	0.0100	get 0.0013% / 1h	23m 28s	$44K	$43K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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

Position, each leg$Hold fordaysFee Lighter RHbpFee PacificabpOrdersPrice spread, now −0.030%Rate

Funding earned: $14.28
Price spread: −0.030% → 0.000%: −$3.02
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $3.26
Costs to cover: 0.080%
Break-even: 5.4 days

Slippage unknown: Lighter RH: live order book, 4 min ago; Pacifica: no order-book sample. Net counts fees only.

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 Lighter RH live order book, 4 min ago	2.38 bp	3.1 bp −$3	5.8 bp −$58	43.7 bp −$4,372	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GOOGL on 36 venues

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
Bybit GOOGLUSDT	0.0000%	8h	356.57	−0.022%	$11.3M	$7.1M	100x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.40	−0.070%	$3.6M	$7.2M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.68	+0.009%	$4.3M	$2.3M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.77	+0.034%	$23K	$521K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.76	+0.031%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.46	−0.053%	$23K	$149K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.87	+0.062%	$115K	$226K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.79	+0.039%	$2.7M	$58K	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0012%	8h	356.56	−0.025%	$13.8M	$12.5M	50x	as long as short
Aster GOOGLUSDT	+0.0015%	8h	356.48	−0.048%	$362K	$482K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GOOGL-USD	+0.0024%	1h	356.48	−0.048%	$418K	$1.6M	20x	as long as short
Binance GOOGLUSDT	+0.0026%	8h	356.55	−0.028%	$73.1M	$135.8M	50x	as long as short
Lighter RH GOOGLlong	+0.0032%	1h	356.65	long leg	$1.4M	$2.9M	20x
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.132%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0035%	1h	356.53	−0.034%	$1.3M	$4.5M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.66	+0.003%	—	$3K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.43	−0.062%	$98.3M	$25.0M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.39	−0.073%	$691K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.44	−0.059%	$213	$43K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.31	−0.095%	$2.2M	$4.7M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0050%	8h	356.59	−0.016%	$292	$253	5x	as long as short
Nado GOOGL-PERP	+0.0055%	1h	356.77	+0.034%	$557K	$78K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0064%	1h	355.22	−0.401%	$518K	$1.0M	10x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.34	−0.087%	$137K	$48K	20x	as long as short
Bitget GOOGLUSDT	+0.0094%	8h	356.51	−0.039%	$17.1M	$8.6M	100x	as long as short
Aftermath Perps GOOGLUSD	+0.0095%	1h	356.21	−0.123%	$144K	$55K	10x	as long as short
Pacifica GOOGLshort	+0.0100%	1h	356.54	−0.030%	$44K	$43K	10x
KuCoin GOOGLUSDTM	+0.0100%	8h	356.23	−0.118%	$3.0M	$68K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.62	−0.008%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.57	−0.022%	$11K	$9K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	356.67	+0.006%	$2.0M	$1.2M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.56	−0.024%	$25K	—	10x	as long as short
BloFin GOOGL-USDT	+0.0108%	8h	356.66	+0.003%	$700K	$220K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0176%	1h	356.43	−0.062%	$33K	—	20x	as long as short
Arcus GOOGL-USD	+0.0316%	1h	356.39	−0.073%	$202K	$302K	10x	as long as short
edgeX GOOGLUSDC	+0.0834%	4h	356.80	+0.041%	$208K	$1.1M	10x	as long as short