Settings8H · net · $10k
Funding arb · Price arb /

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h −0.004%
Price spread now: Deribit against Arcus+0.031%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$230.231% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.038%+$4 on $10k
Price spread, last 3 days (all we have)+0.108%+$11 · spread now +0.031%, 7d avg +0.020%
Together, before fees+0.146%+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus GOOGL-USD356.030.0071pay 0.0009% / 1h4m 42s$202K$303K10x
ShortDeribit GOOGL_USDC-PERPETUAL356.140.0171get 0.0021% / 1h4m 42s$22K$151K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Arcus. 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
$21
Price spread: +0.031% → +0.020%
$1.08
Slippage, 4 orders
−$11.63
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$1.06
Costs to cover
0.231%
Break-even
7.4 days
Slippage from Arcus: live order book, 19 min ago; Deribit: live order book, 19 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 Arcus live order book, 19 min ago1.54 bp5.4 bp −$59.7 bp −$9719.2 bp −$1,923doesn't fit
Sell Deribit live order book, 19 min ago0.14 bp3.6 bp −$47.0 bp −$70doesn't fitdoesn'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−0.0048%1h356.00−0.008%$33K20xas long as short
Coinbase International GOOGL-PERP-INTX−0.0032%1h355.79−0.067%$523K$1.1M10xas long as short
Aster GOOGLUSDT0.0000%8h356.08+0.014%$362K$455K20xas long as short
Bybit GOOGLUSDT0.0000%8h356.26+0.065%$11.5M$7.7M100xas long as short
Gate GOOGL_USDT0.0000%8h356.11+0.022%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h356.24+0.059%$4.6M$2.6Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.17+0.041%$23K$507K10xas long as short
SunX GOOGL-USDT0.0000%8h356.23+0.056%$1K$4.2M20xas long as short
HTX GOOGL-USDT0.0000%8h356.29+0.073%$114K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.27+0.067%$2.7M$64K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GOOGL-USD+0.0016%1h356.22+0.053%$422K$1.6M20xas long as short
Aftermath Perps GOOGLUSD+0.0017%1h355.98−0.013%$144K$55K10xas long as short
Binance GOOGLUSDT+0.0023%8h356.26+0.063%$72.9M$141.5M50xas long as short
Lighter RH GOOGL+0.0032%1h356.26+0.065%$1.4M$2.6M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.306%$128K$45K30xas long as short
OKX GOOGL-USDT-SWAP+0.0041%8h356.33+0.084%$13.8M$12.9M50xas long as short
QFEX GOOGL-USD+0.0043%1h356.18+0.042%$1.3M$4.7M10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.18+0.042%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.00−0.008%$97.9M$25.3M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.04+0.003%$683K$438K10xas long as short
SoDEX GOOGL-USD+0.0050%1h355.99−0.011%$189$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h355.80−0.065%$2.3M$4.9M15xas long as short
Bitget GOOGLUSDT+0.0052%8h356.13+0.028%$16.9M$9.2M100xas long as short
Paradex GOOGL-USD-PERP+0.0066%8h356.16+0.035%$292$2535xas long as short
Arcus GOOGL-USDlong+0.0071%1h356.03long leg$202K$303K10x
BloFin GOOGL-USDT+0.0080%8h356.15+0.034%$688K$235K20xas long as short
Nado GOOGL-PERP+0.0087%1h355.92−0.031%$556K$81K20xas long as short
Pacifica GOOGL+0.0100%1h355.89−0.040%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h355.79−0.067%$3.0M$68K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h355.90−0.037%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.10+0.020%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.04+0.004%$25K10xas long as short
Phoenix GOOGL+0.0112%1h355.95−0.022%$137K$48K20xas long as short
Deribit GOOGL_USDC-PERPETUALshort+0.0171%1h356.14+0.031%$22K$151K10x
Lighter GOOGL+0.0200%1h356.25+0.062%$2.0M$1.0M20xas long as short
edgeX GOOGLUSDC+0.0398%4h356.14+0.032%$208K$1.2M10xas long as short