Spread before costs (cost unknown: a leg has no order-book sample)+0.385%
7d average—if it closes, per $10,000$38funding while held, a day−$3.07
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex GOOGL-USD-PERP | 351.78 | 0.0134 | pay 0.0134% / 8h | 2h 26m | $288 | $253 | 5x |
| Short | Lighter RH GOOGL | 353.13 | 0.0032 | get 0.0004% / 1h | 26m 04s | $1.4M | $2.5M | 20x |
Paradex GOOGL-USD-PERP
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
- $38.49
- Funding while held
- −$3.07
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $31.42
- Spread needed to break even
- 0.040%
Slippage unknown: Paradex: no order-book sample; Lighter RH: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0102%
- Per $10,000 a day
- −$3.07
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 4 min ago | 1.42 bp | 2.0 bp −$2 | 8.4 bp −$84 | 53.6 bp −$5,357 | doesn't fit |
Paradex: 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.Variational Omni349.56cheapestInjective349.77+0.061%BloFin350.46+0.258%Aftermath Perps350.52+0.275%Phoenix350.63+0.307%edgeX351.01+0.415%ApeX Omni351.09+0.439%HTX351.31+0.502%Pacifica351.46+0.545%Hotstuff351.58+0.579%
Variational Omni
Injective
BloFin
Phoenix
ApeX Omni
HTX
Pacifica
HotstuffParadex351.78+0.635%
QFEX351.79+0.639%Polymarket Perps351.87+0.662%Arcus351.99+0.696%Ondo Perps352.02+0.705%KuCoin352.05+0.713%Vest352.21+0.759%Orderly352.53+0.851%Aevo352.60+0.872%Coinbase International352.62+0.876%Aster352.67+0.892%Nado352.68+0.892%Deribit352.84+0.939%Binance352.88+0.951%Extended352.91+0.960%Bybit352.93+0.965%tradeXYZ352.95+0.971%OKX352.98+0.979%Gate353.00+0.985%Bitget353.00+0.985%Phemex353.02+0.991%SoDEX353.03+0.994%Lighter353.04+0.996%
QFEX
Polymarket Perps
Arcus
Ondo Perps
KuCoin
Vest
Orderly
Aevo
Coinbase International
Aster
Nado
Deribit
Binance
Extended
Bybit
tradeXYZ
OKX
Gate
Bitget
Phemex
SoDEX
LighterLighter RH353.13+1.022%
SunX353.13+1.022%
SunXGOOGL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni GOOGL | −0.631% | +0.0239% | 8h | $4.1M | $2.0M | — | as long as short |
| Injective GOOGL/USDC PERP | −0.570% | +0.0220% | 1h | $128K | $149K | 30x | as long as short |
| BloFin GOOGL-USDT | −0.374% | +0.0399% | 8h | $711K | $79K | 20x | as long as short |
| Aftermath Perps GOOGLUSD | −0.357% | +0.0026% | 1h | $142K | $54K | 10x | as long as short |
| Phoenix GOOGL | −0.326% | +0.0205% | 1h | $135K | $19K | 20x | as long as short |
| edgeX GOOGLUSDC | −0.218% | +0.0112% | 4h | $190K | $412K | 10x | as long as short |
| ApeX Omni GOOGLUSDT | −0.195% | +0.0100% | 1h | $21K | $23K | 50x | as long as short |
| HTX GOOGL-USDT | −0.132% | 0.0000% | 8h | $117K | $213K | 30x | as long as short |
| Pacifica GOOGL | −0.090% | +0.0100% | 1h | $47K | $37K | 10x | as long as short |
| Hotstuff GOOGL-PERP | −0.056% | +0.0104% | 1h | $32K | — | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex GOOGL-USD-PERPlong | 0.000% | +0.0134% | 8h | $288 | $253 | 5x | |
| QFEX GOOGL-USD | +0.004% | +0.0060% | 1h | $1.3M | $2.3M | 10x | as long as short |
| Polymarket Perps GOOG-USD | +0.027% | +0.0050% | 1h | $662K | $333K | 10x | as long as short |
| Arcus GOOGL-USD | +0.061% | +0.0135% | 1h | $211K | $227K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.069% | +0.0050% | 1h | $2.6M | $3.0M | 15x | as long as short |
| KuCoin GOOGLUSDTM | +0.078% | +0.0100% | 8h | $3.0M | $46K | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.123% | +0.0046% | 1h | — | $100 | 25x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.214% | +0.0100% | 8h | $11K | $12K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.235% | +0.0104% | 1h | $25K | — | 10x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.240% | +0.0120% | 1h | $547K | $778K | 10x | as long as short |
| Aster GOOGLUSDT | +0.255% | +0.0269% | 8h | $364K | $526K | 20x | as long as short |
| Nado GOOGL-PERP | +0.256% | +0.0130% | 1h | $572K | $47K | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.302% | +0.0147% | 1h | $38K | $113K | 10x | as long as short |
| Binance GOOGLUSDT | +0.314% | +0.0280% | 8h | $77.1M | $51.2M | 50x | as long as short |
| Extended GOOGL-USD | +0.323% | +0.0280% | 1h | $434K | $1.6M | 20x | as long as short |
| Bybit GOOGLUSDT | +0.328% | +0.0450% | 8h | $12.0M | $4.3M | 100x | as long as short |
| tradeXYZ xyz:GOOGL | +0.334% | +0.0128% | 1h | $97.8M | $16.3M | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.342% | +0.0303% | 8h | $14.0M | $6.5M | 50x | as long as short |
| Gate GOOGL_USDT | +0.348% | 0.0000% | 8h | $3.7M | $3.5M | 100x | as long as short |
| Bitget GOOGLUSDT | +0.348% | +0.0169% | 8h | $16.9M | $5.5M | 100x | as long as short |
| Phemex GOOGLUSDT | +0.354% | 0.0000% | 4h | $2.7M | $24K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.356% | +0.0050% | 1h | $188 | $6K | 10x | as long as short |
| Lighter GOOGL | +0.359% | +0.0152% | 1h | $2.1M | $799K | 20x | as long as short |
| Lighter RH GOOGLshort | +0.385% | +0.0032% | 1h | $1.4M | $2.5M | 20x | |
| SunX GOOGL-USDT | +0.385% | 0.0000% | 8h | $1K | $2.0M | 20x | as long as short |