Funding arb · Price arb / RWA

GOOGL

RWAAll GOOGL markets →

LONGBackpack▾Aster 0.0000%Extended 0.0000%Binance 0.0000%OKX 0.0000%RISEx 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%Phoenix 0.0000%SunX 0.0000%Deribit 0.0000%Phemex 0.0000%Aftermath Perps +0.0025%Arcus +0.0038%Vest Markets +0.0046%Backpack +0.0050%Pacifica +0.0100%Reya +0.0100%Orderly +0.0100%Aevo +0.0104%BloFin +0.0120%Injective +0.0220%Kraken Futures +0.0233%AZverse +0.0291%ApeX Omni +0.0304%SoDEX +0.0313%Paradex +0.0381%HTX +0.0428%Nado +0.0500%Lighter RH +0.0520%TxFlow +0.0540%Lighter +0.0552%BingX +0.0552%GRVT +0.0562%Bybit +0.0608%tradeXYZ +0.0625%Ondo Perps +0.0759%edgeX +0.0914%Popdex +0.1200%

⇄⇅

SHORTPolymarket Perps▾Popdex +0.1200%edgeX +0.0914%Polymarket Perps +0.0763%Ondo Perps +0.0759%tradeXYZ +0.0625%Bybit +0.0608%GRVT +0.0562%Lighter +0.0552%BingX +0.0552%TxFlow +0.0540%Lighter RH +0.0520%Nado +0.0500%HTX +0.0428%Paradex +0.0381%SoDEX +0.0313%ApeX Omni +0.0304%AZverse +0.0291%Kraken Futures +0.0233%Injective +0.0220%BloFin +0.0120%Aevo +0.0104%Pacifica +0.0100%Reya +0.0100%Orderly +0.0100%Vest Markets +0.0046%Arcus +0.0038%Aftermath Perps +0.0025%Aster 0.0000%Extended 0.0000%Binance 0.0000%OKX 0.0000%RISEx 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%Phoenix 0.0000%SunX 0.0000%Deribit 0.0000%Phemex 0.0000%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BackpackGOOGL.US_USDC_PERP	322.11	+0.0050	pay 0.0006% / 1h	18m 47s	$181K	$40K	10x	Long Backpack
SHORT	Polymarket PerpsGOOG-USD	322.04	+0.0763	get 0.0095% / 1h	18m 47s	$800K	$18K	10x	Short Polymarket Perps

Price gap−0.022%

Funding gap+0.0713% /8h

Funding trade: +$21 a day on $10k at the current rate, before costs. The price gap is at its 7d average.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.417% in total, about −0.0199%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.022%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

BackpackPolymarket Perps

GOOGL on 43 exchanges

lowest funding first

Before you open

2 ok · 2 to watch

• ✓
  OK: Fits both order books5.3 / 5.9 bp

  Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
• i
  Note: Margin at max leverage$1,000 + $1,000

  Backpack 10x, Polymarket Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long Backpack · 1h−$1.50

  Short Polymarket Perps · 1h+$22.89

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$21.39Long Backpack: 24 payments, −$1.50; short Polymarket Perps: 24 payments, +$22.89.
• i
  Note: Gap at its usual level−0.022% vs −0.028%

  The price leg adds little either way.
• !
  Watch: Long leg is thinner$181K vs $800K OI

  Backpack sets your exit cost. Check its book before closing.
• i
  Note: No points program—

  Neither exchange runs points right now.
• !
  Watch: KYCBackpack Yes · Polymarket Perps No

  KYC (ID, face scan, residency and source of income) before any trading.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0199%/8h × 21 periods−$41.70

Price spread−0.022% → −0.028% (7d avg)+$0.66

Slippage, 4 orderslive order books−$6.03

Fee Backpack bp × 2 orders−$10.00

Fee Polymarket Perps bp × 2 orders−$8.00

Net · 7 days · $10k−$65.07

Costs to cover0.240%Break-evennever at this rate

Slippage: Backpack: live order book, 39 min ago; Polymarket Perps: live order book, 39 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGBackpack0.165.3 bp−$5doesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTPolymarket Perps1.875.9 bp−$66.1 bp−$619.2 bp−$917doesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

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GOOGL news

posts that mention GOOGL or Alphabet, from every exchangeSearch all news →

10-23 16:53	Backpack	Other	Earnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗
10-21 07:41	Phemex	Other	Earnings season is on. Tesla and Meta report this week. Alphabet, Microsoft, Amazon, Apple and NVIDIA follow through mid-November. 🤑 $200 pool. 20 winners. $10 USDT Bonus each. ✅ Follow @Phemex_official, share your view & Phemex UID below ✅ Post with #EarningsSeason and tag the ticker you’re watching Oct 21 – Oct 30 @Phemex_official on X ↗
10-20 08:33	HTX	Other	BIG tech earnings week incoming: Oct 21: $TSLA $META Oct 28: $MSFT $GOOGL Oct 29: $AMZN Which one has the BIGGEST move? Trade them 24/7 on @HTXFutures. @HTX_Global on X ↗
10-19 18:30	Arcus	Product	Leverage update on Arcus: $SPCX and MAG7 perpetuals - $AAPL, $MSFT, $GOOGL, $AMZN, $NVDA, $META, $TSLA - now support up to 20x leverage (up from 5x and 10x). Live now. @arcus_xyz on X ↗
10-19 00:30	OKX	Other	Tech giants report in the coming weeks. $TSLA $GOOGL $MSFT $META $AAPL $AMZN Trade eligible tokenized stocks anytime or make your earnings picks on Outcomes, where available. @okx on X ↗
10-15 15:54	Reya	Listing	Earnings season has started. Microsoft, Alphabet and Meta report on 28 October. Amazon the 29th. Apple on 2 November. Mag 7 perps are live on Reya. Up to 15x. @reya_xyz on X ↗