After costs, if the gap returns to its 7d average, $10k−$15
spread now+0.062%7d average+0.065%fees + slippage, in and out−$15spread needed0.145%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps GOOG-USD | 355.19 | 0.0050 | pay 0.0006% / 1h | 18m 29s | $689K | $430K | 10x |
| Short | Lighter GOOGL | 355.41 | 0.0120 | get 0.0015% / 1h | 18m 29s | $2.0M | $1.1M | 20x |
Polymarket Perps GOOG-USD
Lighter 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
- $6.19
- Funding while held
- $2.1
- Slippage, 4 orders
- −$6.51
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$6.22
- Spread needed to break even
- 0.145%
Slippage from Polymarket Perps: live order book, 16 min ago; Lighter: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0070%
- Per $10,000 a day
- +$2.10
- 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 Polymarket Perps live order book, 16 min ago | 0.14 bp | 8.4 bp −$8 | 9.1 bp −$91 | 10.7 bp −$1,066 | doesn't fit |
| Sell Lighter live order book, 5 min ago | 0.99 bp | 1.0 bp −$1 | 2.6 bp −$26 | 32.7 bp −$3,267 | doesn't fit |
GOOGL price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni354.93cheapestCoinbase International354.99+0.017%KuCoin355.00+0.020%Ondo Perps355.02+0.025%Phoenix355.03+0.028%Pacifica355.09+0.046%Aftermath Perps355.10+0.048%Nado355.12+0.053%tradeXYZ355.18+0.070%Hotstuff355.18+0.070%Variational Omni355.19+0.073%
ApeX Omni
Coinbase International
KuCoin
Ondo Perps
Phoenix
Pacifica
Nado
tradeXYZ
Hotstuff
Variational OmniPolymarket Perps355.19+0.073%
SoDEX355.22+0.082%edgeX355.22+0.082%Gate355.24+0.087%Deribit355.26+0.093%Arcus355.28+0.099%Paradex355.30+0.103%Aster355.30+0.104%Aevo355.31+0.107%Orderly355.31+0.107%OKX355.32+0.110%Extended355.34+0.116%Bybit355.35+0.118%SunX355.35+0.118%Vest355.36+0.121%BloFin355.36+0.121%QFEX355.37+0.124%Bitget355.39+0.130%Binance355.40+0.132%Lighter RH355.40+0.132%
SoDEX
Gate
Deribit
Arcus
Paradex
Aster
Aevo
Orderly
OKX
Extended
Bybit
SunX
Vest
BloFin
QFEX
Bitget
Binance
Lighter RHLighter355.41+0.135%
Phemex355.48+0.155%HTX355.52+0.166%Injective357.12+0.617%
Phemex
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 | −0.073% | +0.0100% | 1h | $21K | $9K | 50x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.056% | +0.0056% | 1h | $523K | $979K | 10x | as long as short |
| KuCoin GOOGLUSDTM | −0.053% | +0.0100% | 8h | $3.0M | $65K | 20x | as long as short |
| Ondo Perps GOOGL-USD.P | −0.048% | +0.0050% | 1h | $2.3M | $4.4M | 15x | as long as short |
| Phoenix GOOGL | −0.045% | +0.0112% | 1h | $137K | $47K | 20x | as long as short |
| Pacifica GOOGL | −0.028% | +0.0100% | 1h | $44K | $42K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | −0.026% | +0.0149% | 1h | $143K | $55K | 10x | as long as short |
| Nado GOOGL-PERP | −0.021% | +0.0080% | 1h | $554K | $77K | 20x | as long as short |
| tradeXYZ xyz:GOOGL | −0.003% | +0.0050% | 1h | $98.3M | $23.6M | 20x | as long as short |
| Hotstuff GOOGL-PERP | −0.003% | −0.0040% | 1h | $33K | — | 20x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni GOOGL | −0.001% | 0.0000% | 8h | $4.3M | $2.4M | — | as long as short |
| Polymarket Perps GOOG-USDlong | 0.000% | +0.0050% | 1h | $689K | $430K | 10x | |
| SoDEX GOOGL-USD | +0.008% | +0.0050% | 1h | $210 | $37K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.009% | +0.0052% | 4h | $207K | $1.1M | 10x | as long as short |
| Gate GOOGL_USDT | +0.014% | 0.0000% | 8h | $3.6M | $6.9M | 100x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.020% | 0.0000% | 1h | $22K | $148K | 10x | as long as short |
| Arcus GOOGL-USD | +0.025% | +0.0077% | 1h | $200K | $282K | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.030% | +0.0051% | 8h | $291 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.030% | +0.0054% | 8h | $361K | $538K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.033% | +0.0104% | 1h | $25K | — | 10x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.034% | +0.0100% | 8h | $11K | $9K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.037% | +0.0030% | 8h | $13.8M | $12.0M | 50x | as long as short |
| Extended GOOGL-USD | +0.043% | +0.0072% | 1h | $417K | $1.6M | 20x | as long as short |
| Bybit GOOGLUSDT | +0.045% | 0.0000% | 8h | $11.2M | $6.8M | 100x | as long as short |
| SunX GOOGL-USDT | +0.045% | 0.0000% | 8h | $1K | $4.2M | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.048% | +0.0046% | 1h | — | $3K | 25x | as long as short |
| BloFin GOOGL-USDT | +0.048% | +0.0189% | 8h | $705K | $203K | 20x | as long as short |
| QFEX GOOGL-USD | +0.051% | +0.0037% | 1h | $1.3M | $4.0M | 10x | as long as short |
| Bitget GOOGLUSDT | +0.056% | +0.0122% | 8h | $17.1M | $8.2M | 100x | as long as short |
| Binance GOOGLUSDT | +0.059% | +0.0069% | 8h | $76.1M | $122.7M | 50x | as long as short |
| Lighter RH GOOGL | +0.059% | +0.0032% | 1h | $1.4M | $2.9M | 20x | as long as short |
| Lighter GOOGLshort | +0.062% | +0.0120% | 1h | $2.0M | $1.1M | 20x | |
| Phemex GOOGLUSDT | +0.082% | 0.0000% | 4h | $2.7M | $57K | 10x | as long as short |
| HTX GOOGL-USDT | +0.093% | 0.0000% | 8h | $114K | $229K | 30x | as long as short |
| Injective GOOGL/USDC PERP | +0.543% | +0.0033% | 1h | $128K | $70K | 30x | as long as short |