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+0.0156%/8h= +17.1% APRnext payment +$0.20 per $10,000 · paid last 24h +0.025%
Price spread now: Lighter against Nado+0.069%47s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
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)+0.053%+$5 · spread now +0.069%, 7d avg +0.021%
Together, before fees+0.135%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board+$14 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 Lighter is 0.048% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.021%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado GOOGL-PERP357.53−0.0068get 0.0009% / 1h49m 50s$558K$80K20x
ShortLighter GOOGL357.780.0088get 0.0011% / 1h49m 50s$2.1M$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Nado. 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
$32.8
Price spread: +0.069% → +0.021%
$4.76
Slippage, 4 orders
−$19.06
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
$11.5
Costs to cover
0.261%
Break-even
4.5 days
Slippage from Nado: live order book, 13 min ago; Lighter: live order book, 7 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 Nado live order book, 13 min ago0.14 bp10.3 bp −$1019.1 bp −$191doesn't fitdoesn't fit
Sell Lighter live order book, 7 min ago0.56 bp0.8 bp −$14.0 bp −$40104.2 bp −$10.4Kdoesn'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%1h357.39−0.040%$23K$154K10xas long as short
Nado GOOGL-PERPlong−0.0068%1h357.53long leg$558K$80K20x
Coinbase International GOOGL-PERP-INTX−0.0064%1h357.29−0.068%$523K$1.1M10xas long as short
Hotstuff GOOGL-PERP−0.0024%1h357.47−0.018%$33K20xas long as short
Gate GOOGL_USDT0.0000%8h357.63+0.027%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h357.62+0.023%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.60+0.018%$23K$437K10xas long as short
SunX GOOGL-USDT0.0000%8h357.75+0.060%$1K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.87+0.094%$115K$223K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.78+0.069%$2.7M$75K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps GOOGLUSD+0.0005%1h357.39−0.040%$144K$50K10xas long as short
Bybit GOOGLUSDT+0.0027%8h357.82+0.080%$11.8M$7.5M100xas long as short
QFEX GOOGL-USD+0.0028%1h357.60+0.018%$1.3M$4.4M10xas long as short
Lighter RH GOOGL+0.0032%1h357.76+0.063%$1.3M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.116%$128K$45K30xas long as short
Aster GOOGLUSDT+0.0037%8h357.68+0.040%$366K$458K20xas long as short
Arcus GOOGL-USD+0.0040%1h357.39−0.040%$202K$272K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.81+0.077%$5K25xas long as short
Bitget GOOGLUSDT+0.0048%8h357.73+0.055%$17.0M$9.3M100xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.57+0.010%$99.0M$22.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.38−0.043%$685K$431K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.54+0.001%$147$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.31−0.063%$2.3M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0054%8h357.65+0.031%$293$2535xas long as short
Extended GOOGL-USD+0.0056%1h357.61+0.020%$421K$1.8M20xas long as short
Binance GOOGLUSDT+0.0057%8h357.70+0.046%$72.9M$141.5M50xas long as short
Lighter GOOGLshort+0.0088%1h357.78+0.069%$2.1M$1.2M20x
Pacifica GOOGL+0.0100%1h357.39−0.040%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.22−0.088%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.46−0.021%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.57+0.010%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.55+0.005%$25K10xas long as short
Phoenix GOOGL+0.0112%1h357.47−0.018%$137K$36K20xas long as short
OKX GOOGL-USDT-SWAP+0.0137%8h357.68+0.041%$13.8M$12.4M50xas long as short
edgeX GOOGLUSDC+0.0644%4h357.54+0.002%$209K$1.2M10xas long as short