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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0083%/8h= −9.1% APRnext payment $0.83 per $10,000 · paid last 24h −0.040%
Price spread now: Gate against Binance−0.048%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$360.364% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.052%−$5 on $10k
Price spread, last 2 days (all we have)+0.044%+$4 · spread now −0.048%, 7d avg −0.023%
Together, before fees−0.007%−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.024% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GOOGLUSDT356.500.0083pay 0.0083% / 8h1h 28m$73.0M$142.2M50x
ShortGate GOOGL_USDT356.330get 0.0000% / 8h1h 28m$3.6M$7.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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
−$17.38
Price spread: −0.048% → −0.023%
−$2.42
Slippage, 4 orders
−$11.39
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$56.19
Costs to cover
0.364%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 5 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 Binance live order book, 14 min ago0.14 bp5.6 bp −$68.0 bp −$8018.9 bp −$1,891doesn't fit
Sell Gate live order book, 5 min ago2.39 bp13.8 bp −$1420.8 bp −$208doesn'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
Coinbase International GOOGL-PERP-INTX−0.0024%1h356.19−0.087%$530K$1.1M10xas long as short
Gate GOOGL_USDTshort0.0000%8h356.33−0.048%$3.6M$7.5M100x
Variational Omni GOOGL0.0000%8h356.38−0.034%$4.6M$2.5Mas long as short
SunX GOOGL-USDT0.0000%8h356.49−0.003%$1K$4.2M20xas long as short
HTX GOOGL-USDT0.0000%8h356.75+0.070%$114K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.55+0.014%$2.7M$64K10xas long as short
GRVT GOOGL_USDT_Perp+0.0006%8h356.41−0.025%$23K$484K10xas long as short
Hotstuff GOOGL-PERP+0.0008%1h356.24−0.073%$33K20xas long as short
Aftermath Perps GOOGLUSD+0.0015%1h356.15−0.098%$144K$54K10xas long as short
Lighter RH GOOGL+0.0032%1h356.48−0.006%$1.4M$2.5M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.174%$128K$45K30xas long as short
Bybit GOOGLUSDT+0.0040%8h356.47−0.008%$11.5M$7.7M100xas long as short
QFEX GOOGL-USD+0.0045%1h356.37−0.036%$1.3M$4.8M10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.41−0.025%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.25−0.070%$98.0M$25.1M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.23−0.076%$683K$438K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.26−0.067%$191$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.05−0.126%$2.3M$4.9M15xas long as short
Aster GOOGLUSDT+0.0059%8h356.55+0.014%$362K$455K20xas long as short
Bitget GOOGLUSDT+0.0076%8h356.51+0.003%$16.9M$9.3M100xas long as short
Paradex GOOGL-USD-PERP+0.0076%8h356.34−0.044%$292$2535xas long as short
Extended GOOGL-USD+0.0080%1h356.44−0.018%$422K$1.6M20xas long as short
Binance GOOGLUSDTlong+0.0083%8h356.50long leg$73.0M$142.2M50x
OKX GOOGL-USDT-SWAP+0.0084%8h356.45−0.014%$13.8M$12.8M50xas long as short
Pacifica GOOGL+0.0100%1h356.35−0.042%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.05−0.126%$3.0M$68K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.04−0.129%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.37−0.036%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.34−0.044%$25K10xas long as short
Nado GOOGL-PERP+0.0128%1h356.14−0.100%$558K$81K20xas long as short
Phoenix GOOGL+0.0135%1h356.29−0.059%$137K$48K20xas long as short
Arcus GOOGL-USD+0.0169%1h356.25−0.070%$202K$271K10xas long as short
BloFin GOOGL-USDT+0.0203%8h356.43−0.020%$688K$235K20xas long as short
Lighter GOOGL+0.0264%1h356.48−0.006%$2.0M$1.0M20xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0424%1h356.36−0.039%$22K$151K10xas long as short
edgeX GOOGLUSDC+0.0600%4h356.40−0.029%$208K$1.2M10xas long as short