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+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h −0.002%
Price spread now: QFEX against Aftermath Perps+0.073%50s7-day average +0.046% · 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−$390.387% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.036%+$4 on $10k
Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.073%, 7d avg +0.046%
Together, before fees−0.023%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.027% dearer against Aftermath Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.046%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps GOOGLUSD357.630.0005pay 0.0001% / 1h9m 40s$144K$49K10x
ShortQFEX GOOGL-USD357.890.0028get 0.0003% / 1h9m 40s$1.3M$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Aftermath Perps. 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
$4.8
Price spread: +0.073% → +0.046%
$2.74
Slippage, 4 orders
−$19.75
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$31.2
Costs to cover
0.387%
Break-even
52.5 days
Slippage from Aftermath Perps: live order book, 54 min ago; QFEX: live order book, 4 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 Aftermath Perps live order book, 54 min ago4.28 bp14.1 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago2.24 bp7.2 bp −$77.5 bp −$7513.0 bp −$1,303doesn't fit

GOOGL on 36 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
Hotstuff GOOGL-PERP−0.0104%1h357.73+0.029%$33K20xas long as short
Coinbase International GOOGL-PERP-INTX−0.0064%1h357.46−0.047%$524K$1.1M10xas long as short
Nado GOOGL-PERP−0.0029%1h357.71+0.022%$558K$80K20xas long as short
Gate GOOGL_USDT0.0000%8h357.84+0.059%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h357.88+0.069%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.85+0.063%$23K$433K10xas long as short
SunX GOOGL-USDT0.0000%8h357.99+0.101%$2K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h358.01+0.107%$115K$223K30xas long as short
Phemex GOOGLUSDT0.0000%4h358.06+0.121%$2.7M$80K10xas long as short
Aftermath Perps GOOGLUSDlong+0.0005%1h357.63long leg$144K$49K10x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GOOGLUSDT+0.0020%8h357.78+0.042%$366K$457K20xas long as short
QFEX GOOGL-USDshort+0.0028%1h357.89+0.073%$1.3M$4.3M10x
Lighter RH GOOGL+0.0032%1h357.95+0.090%$1.3M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.142%$128K$45K30xas long as short
Binance GOOGLUSDT+0.0040%8h357.98+0.100%$72.9M$141.1M50xas long as short
Extended GOOGL-USD+0.0040%1h357.89+0.072%$426K$1.8M20xas long as short
Arcus GOOGL-USD+0.0040%1h357.63+0.001%$208K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.92+0.082%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.75+0.034%$99.1M$21.0M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.68+0.015%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.75+0.034%$152$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.57−0.016%$2.3M$4.9M15xas long as short
Paradex GOOGL-USD-PERP+0.0060%8h357.88+0.070%$293$2535xas long as short
Bitget GOOGLUSDT+0.0063%8h357.98+0.098%$17.5M$9.6M100xas long as short
Bybit GOOGLUSDT+0.0070%8h358.09+0.129%$11.9M$7.5M100xas long as short
Pacifica GOOGL+0.0100%1h357.90+0.076%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.50−0.036%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.59−0.011%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.85+0.062%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.83+0.057%$25K10xas long as short
OKX GOOGL-USDT-SWAP+0.0105%8h357.95+0.090%$13.8M$12.4M50xas long as short
Phoenix GOOGL+0.0112%1h357.70+0.020%$138K$36K20xas long as short
Lighter GOOGL+0.0152%1h357.99+0.101%$2.1M$1.2M20xas long as short
BloFin GOOGL-USDT+0.0152%8h357.99+0.101%$700K$234K20xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0169%1h357.82+0.054%$24K$154K10xas long as short
edgeX GOOGLUSDC+0.0417%4h357.85+0.062%$209K$1.2M10xas long as short