Funding you earn now, next payment 09:00 UTC−0.0011%/8h= −1.2% APRnext payment −$0.01 per $10,000 · paid last 24h −0.008%
Price spread now: Lighter RH against Nado+0.046%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.270% of the position
Funding, last 4 days (all we have)+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.046%, 7d avg +0.019%
=Together, before fees+0.050%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter RH is 0.027% dearer against Nado than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of +0.019%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 8.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado GOOGL-PERP | 356.89 | 0.0043 | pay 0.0005% / 1h | 20m 06s | $549K | $88K | 20x |
| Short | Lighter RH GOOGL | 357.05 | 0.0032 | get 0.0004% / 1h | 20m 06s | $1.4M | $1.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.36
- Price spread: +0.046% → +0.019%
- $2.7
- Slippage, 4 orders
- −$20.01
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$26.67
- Costs to cover
- 0.270%
- Break-even
- never at this rate
Slippage from Nado: live order book, 13 min ago; Lighter RH: live order book, 3 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 Nado live order book, 13 min ago | 0.14 bp | 10.2 bp −$10 | 22.8 bp −$228 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 2.24 bp | 2.6 bp −$3 | 6.0 bp −$60 | 49.1 bp −$4,911 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0080% | 1h | 356.42 | −0.130% | $513K | $1.1M | 10x | as long as short |
| Aster GOOGLUSDT | 0.0000% | 8h | 357.13 | +0.069% | $367K | $423K | 20x | as long as short |
| Extended GOOGL-USD | 0.0000% | 1h | 357.08 | +0.054% | $424K | $2.5M | 20x | as long as short |
| Binance GOOGLUSDT | 0.0000% | 8h | 357.16 | +0.076% | $72.3M | $142.0M | 50x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 357.13 | +0.068% | $11.5M | $7.4M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.06 | +0.049% | $13.5M | $13.2M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.99 | +0.029% | $3.6M | $7.1M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.23 | +0.096% | $17.3M | $9.7M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.07 | +0.053% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.76 | −0.035% | $23K | $442K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX GOOGL-USDT | 0.0000% | 8h | 357.19 | +0.085% | $1K | $3.9M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.29 | +0.113% | $115K | $209K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.28 | +0.110% | $2.7M | $92K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0021% | 8h | 357.11 | +0.063% | $691K | $234K | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0028% | 1h | 356.74 | −0.041% | $144K | $44K | 10x | as long as short |
| Lighter RH GOOGLshort | +0.0032% | 1h | 357.05 | +0.046% | $1.4M | $1.9M | 20x | |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.066% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0039% | 1h | 357.03 | +0.040% | $1.3M | $4.1M | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0040% | 1h | 356.90 | +0.004% | $33K | — | 20x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.90 | +0.004% | $209K | $282K | 10x | as long as short |
| Nado GOOGL-PERPlong | +0.0043% | 1h | 356.89 | long leg | $549K | $88K | 20x | |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.20 | +0.088% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.87 | −0.004% | $98.1M | $21.3M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.76 | −0.035% | $684K | $414K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.88 | −0.002% | $125 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.80 | −0.024% | $2.3M | $4.0M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0056% | 8h | 357.02 | +0.037% | $293 | $253 | 5x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0058% | 1h | 356.98 | +0.026% | $24K | $149K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0059% | 8h | 356.76 | −0.035% | $3.0M | $159K | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 356.68 | −0.058% | $137K | $36K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.00 | +0.032% | $42K | $25K | 10x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.73 | −0.044% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.02 | +0.038% | $10K | $12K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.98 | +0.025% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0184% | 1h | 357.09 | +0.057% | $2.0M | $1.3M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0820% | 4h | 356.71 | −0.050% | $208K | $1.2M | 10x | as long as short |
Lighter RH GOOGL
Coinbase International GOOGL-PERP-INTX
Aster GOOGLUSDT
Extended GOOGL-USD
Binance GOOGLUSDT
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
BloFin GOOGL-USDT
Aftermath Perps GOOGLUSD
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Deribit GOOGL_USDC-PERPETUAL
KuCoin GOOGLUSDTM
Phoenix GOOGL
Pacifica GOOGL
ApeX Omni GOOGLUSDT
Lighter GOOGL
edgeX GOOGLUSDC