GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0102%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.028%

Price spread now: Phoenix against Lighter RH+0.028%75s7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$220.222% of the position

Long on Lighter RH Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.122%+$12 on $10k

Price spread, last 4 days (all we have)−0.104%−$10 · spread now +0.028%, 7d avg −0.046%

Together, before fees+0.017%+ Points / potential airdropLighter RH: Points live · farm board+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Phoenix is 0.074% dearer against Lighter RH than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.046%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH GOOGL	357.87	0.0032	pay 0.0004% / 1h	44m 07s	$1.4M	$1.8M	20x
Short	Phoenix GOOGL	357.97	0.0134	get 0.0017% / 1h	44m 07s	$138K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.028%Rate

Funding earned: $21.34
Price spread: +0.028% → −0.046%: $7.43
Slippage, 4 orders: −$15.15
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $6.61
Costs to cover: 0.222%
Break-even: 4.8 days

Slippage from Lighter RH: live order book, 2 min ago; Phoenix: live order book, 61 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 Lighter RH live order book, 2 min ago	1.82 bp	2.0 bp −$2	4.7 bp −$47	doesn't fit	doesn't fit
Sell Phoenix live order book, 61 min ago	3.07 bp	8.9 bp −$9	19.1 bp −$191	doesn't fit	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
Hotstuff GOOGL-PERP	−0.1600%	1h	354.23	−1.017%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0040%	1h	357.46	−0.115%	$517K	$1.2M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.88	+0.003%	$11.5M	$7.7M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.86	−0.003%	$13.5M	$13.7M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.78	−0.025%	$3.7M	$6.8M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.90	+0.008%	$17.4M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.87	+0.001%	$5.0M	$2.3M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.95	+0.022%	$2K	$3.7M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.69	−0.050%	$29K	$152K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.03	+0.045%	$115K	$211K	30x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex GOOGLUSDT	0.0000%	4h	358.01	+0.039%	$2.7M	$114K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0031%	1h	357.85	−0.006%	$144K	$42K	10x	as long as short
Lighter RH GOOGLlong	+0.0032%	1h	357.87	long leg	$1.4M	$1.8M	20x
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.210%	$128K	$45K	30x	as long as short
Aster GOOGLUSDT	+0.0044%	8h	357.81	−0.016%	$367K	$420K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.92	+0.014%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.66	−0.059%	$97.9M	$21.9M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.78	−0.025%	$685K	$421K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.61	−0.073%	$106	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.54	−0.092%	$2.3M	$4.0M	15x	as long as short
Extended GOOGL-USD	+0.0056%	1h	357.83	−0.012%	$426K	$2.4M	20x	as long as short
QFEX GOOGL-USD	+0.0060%	1h	357.84	−0.008%	$1.2M	$4.1M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0060%	8h	357.75	−0.033%	$293	$253	5x	as long as short
Binance GOOGLUSDT	+0.0060%	8h	357.95	+0.022%	$73.1M	$145.5M	50x	as long as short
GRVT GOOGL_USDT_Perp	+0.0066%	8h	357.96	+0.026%	$12K	$463K	10x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.79	−0.022%	$42K	$20K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.68	−0.053%	$3.0M	$256K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.78	−0.025%	$36K	$17K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.66	−0.059%	$10K	$11K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	357.84	−0.008%	$2.0M	$2.1M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.62	−0.071%	$25K	—	10x	as long as short
Nado GOOGL-PERP	+0.0113%	1h	357.65	−0.061%	$552K	$82K	20x	as long as short
Phoenix GOOGLshort	+0.0134%	1h	357.97	+0.028%	$138K	$36K	20x
BloFin GOOGL-USDT	+0.0182%	8h	357.93	+0.017%	$695K	$231K	20x	as long as short
Arcus GOOGL-USD	+0.0199%	1h	357.78	−0.025%	$211K	$213K	10x	as long as short
edgeX GOOGLUSDC	+0.0616%	4h	357.80	−0.020%	$208K	$1.2M	10x	as long as short