Spread before costs (cost unknown: a leg has no order-book sample)+0.028%
7d average—if it closes, per $10,000$3funding while held, a day−$2.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GOOGL_USDC | 355.60 | 0.0100 | pay 0.0100% / 8h | 5h 04m | $11K | $9K | 20x |
| Short | Lighter RH GOOGL | 355.70 | 0.0032 | get 0.0004% / 1h | 4m 06s | $1.4M | $2.9M | 20x |
Orderly PERP_GOOGL_USDC
Lighter RH GOOGLPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $2.81
- Funding while held
- −$2.04
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$5.23
- Spread needed to break even
- 0.060%
Slippage unknown: Orderly: no order-book sample; Lighter RH: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0068%
- Per $10,000 a day
- −$2.04
- Average in range /8h
- —
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 5 min ago | 1.55 bp | 1.5 bp −$2 | 3.6 bp −$36 | 38.3 bp −$3,834 | doesn't fit |
Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni355.06cheapesttradeXYZ355.20+0.039%Coinbase International355.23+0.048%Phoenix355.26+0.056%Binance355.30+0.068%Variational Omni355.31+0.070%Bybit355.32+0.073%OKX355.34+0.079%KuCoin355.34+0.079%Bitget355.34+0.079%edgeX355.35+0.083%Aftermath Perps355.37+0.088%Pacifica355.41+0.099%Ondo Perps355.42+0.101%Nado355.45+0.109%Polymarket Perps355.51+0.127%Deribit355.51+0.127%Aevo355.53+0.131%Arcus355.53+0.132%Gate355.53+0.132%Aster355.54+0.135%SoDEX355.55+0.138%QFEX355.56+0.141%Hotstuff355.57+0.144%
ApeX Omni
tradeXYZ
Coinbase International
Phoenix
Binance
Variational Omni
Bybit
OKX
KuCoin
Bitget
Pacifica
Ondo Perps
Nado
Polymarket Perps
Deribit
Aevo
Arcus
Gate
Aster
SoDEX
QFEX
HotstuffOrderly355.60+0.152%
Extended355.60+0.153%Paradex355.61+0.155%SunX355.63+0.161%BloFin355.63+0.161%
Extended
Paradex
SunX
BloFinLighter RH355.70+0.180%
Phemex355.70+0.180%Vest355.73+0.189%Lighter355.76+0.197%HTX355.76+0.197%Injective357.12+0.580%
Phemex
Vest
Lighter
HTX
InjectiveGOOGL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni GOOGLUSDT | −0.152% | +0.0100% | 1h | $21K | $9K | 50x | as long as short |
| tradeXYZ xyz:GOOGL | −0.112% | +0.0050% | 1h | $98.1M | $24.2M | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.104% | +0.0056% | 1h | $518K | $999K | 10x | as long as short |
| Phoenix GOOGL | −0.096% | +0.0112% | 1h | $137K | $47K | 20x | as long as short |
| Binance GOOGLUSDT | −0.084% | +0.0060% | 8h | $74.0M | $128.8M | 50x | as long as short |
| Variational Omni GOOGL | −0.082% | 0.0000% | 8h | $4.3M | $2.3M | — | as long as short |
| Bybit GOOGLUSDT | −0.079% | 0.0000% | 8h | $11.1M | $6.9M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | −0.073% | +0.0026% | 8h | $13.8M | $12.1M | 50x | as long as short |
| KuCoin GOOGLUSDTM | −0.073% | +0.0100% | 8h | $3.0M | $67K | 20x | as long as short |
| Bitget GOOGLUSDT | −0.073% | +0.0117% | 8h | $17.2M | $8.3M | 100x | as long as short |