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+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.019%
Price spread now: Ondo Perps against Arcus−0.008%7-day average −0.036% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.074%−$7 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.008%, 7d avg −0.036%
Together, before fees−0.131%+ Points / potential airdropOndo Perps: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Ondo Perps is 0.028% dearer against Arcus than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.036%. Mind the row above: over the last 4 days funding on this pair cost −0.074%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus GOOGL-USD357.640.0040pay 0.0005% / 1h3m 40s$208K$277K10x
ShortOndo Perps GOOGL-USD.P357.610.0050get 0.0006% / 1h3m 40s$2.3M$4.9M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$2.13
Price spread: −0.008% → −0.036%
$2.78
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$4.59
Costs to cover
0.095%
Break-even
22.1 days
Slippage unknown: Arcus: live order book, 60 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 60 min ago2.66 bp9.1 bp −$916.4 bp −$164doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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 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
Coinbase International GOOGL-PERP-INTX−0.0064%1h357.46−0.050%$524K$1.1M10xas long as short
Hotstuff GOOGL-PERP−0.0024%1h357.65+0.003%$33K20xas long as short
Nado GOOGL-PERP−0.0013%1h357.65+0.002%$558K$80K20xas long as short
Gate GOOGL_USDT0.0000%8h357.77+0.036%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h357.92+0.077%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.92+0.078%$23K$436K10xas long as short
SunX GOOGL-USDT0.0000%8h357.98+0.095%$2K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.99+0.098%$115K$222K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.99+0.098%$2.7M$81K10xas long as short
Aftermath Perps GOOGLUSD+0.0005%1h357.62−0.006%$144K$49K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GOOGLUSDT+0.0028%8h357.64+0.001%$366K$457K20xas long as short
QFEX GOOGL-USD+0.0028%1h357.80+0.045%$1.3M$4.3M10xas long as short
Lighter RH GOOGL+0.0032%1h357.90+0.073%$1.3M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.145%$128K$45K30xas long as short
Arcus GOOGL-USDlong+0.0040%1h357.64long leg$208K$277K10x
Vest GOOGL-USD-PERP+0.0046%1h357.87+0.064%$5K25xas long as short
Extended GOOGL-USD+0.0048%1h357.81+0.047%$426K$1.8M20xas long as short
Binance GOOGLUSDT+0.0048%8h357.92+0.078%$73.0M$141.4M50xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.65+0.003%$99.1M$21.1M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.68+0.011%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.66+0.006%$151$46K10xas long as short
Ondo Perps GOOGL-USD.Pshort+0.0050%1h357.61−0.008%$2.3M$4.9M15x
Bitget GOOGLUSDT+0.0061%8h357.91+0.075%$17.5M$9.6M100xas long as short
Paradex GOOGL-USD-PERP+0.0074%8h357.82+0.051%$293$2535xas long as short
Pacifica GOOGL+0.0100%1h357.84+0.056%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.47−0.048%$3.0M$69K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.60−0.011%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.83+0.053%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.79+0.041%$25K10xas long as short
Bybit GOOGLUSDT+0.0105%8h358.06+0.117%$12.0M$7.6M100xas long as short
OKX GOOGL-USDT-SWAP+0.0107%8h357.87+0.064%$13.8M$12.4M50xas long as short
Phoenix GOOGL+0.0112%1h357.80+0.045%$138K$36K20xas long as short
BloFin GOOGL-USDT+0.0166%8h357.99+0.098%$697K$234K20xas long as short
Lighter GOOGL+0.0168%1h357.94+0.084%$2.1M$1.2M20xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0169%1h357.75+0.031%$24K$155K10xas long as short
edgeX GOOGLUSDC+0.0510%4h357.91+0.077%$209K$1.2M10xas long as short