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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0121%/8h= −13.2% APRnext payment $1.21 per $10,000 · paid last 24h −0.049%
Price spread now: GRVT against Binance−0.040%109s7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$230.226% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.087%−$9 on $10k
Price spread, last 2 days (all we have)+0.044%+$4 · spread now −0.040%, 7d avg −0.006%
Together, before fees−0.043%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GRVT is 0.034% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.006%). Swap the legs. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GOOGLUSDT356.360.0121pay 0.0121% / 8h7h 33m$72.9M$143.0M50x
ShortGRVT GOOGL_USDT_Perp356.220get 0.0000% / 8h7h 33m$23K$467K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$25.32
Price spread: −0.040% → −0.006%
−$3.4
Slippage, 4 orders
−$3.58
Fee Binance: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$51.29
Costs to cover
0.226%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; GRVT: live order book, 39 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, 9 min ago0.14 bp5.2 bp −$57.8 bp −$7826.9 bp −$2,686doesn't fit
Sell GRVT live order book, 39 min ago0.98 bp5.6 bp −$68.6 bp −$86doesn'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−0.0032%1h356.13−0.065%$33K20xas long as short
Gate GOOGL_USDT0.0000%8h356.28−0.022%$3.6M$7.5M100xas long as short
GRVT GOOGL_USDT_Perpshort0.0000%8h356.22−0.040%$23K$467K10x
SunX GOOGL-USDT0.0000%8h356.37+0.003%$1K$4.2M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.12−0.067%$23K$153K10xas long as short
HTX GOOGL-USDT0.0000%8h356.50+0.039%$115K$225K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.43+0.020%$2.7M$67K10xas long as short
Aftermath Perps GOOGLUSD+0.0016%1h356.08−0.078%$144K$52K10xas long as short
Lighter RH GOOGL+0.0032%1h356.360.000%$1.4M$2.3M20xas long as short
Coinbase International GOOGL-PERP-INTX+0.0032%1h355.85−0.143%$528K$1.1M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.213%$128K$45K30xas long as short
Lighter GOOGL+0.0040%1h356.29−0.020%$2.1M$1.1M20xas long as short
Nado GOOGL-PERP+0.0046%1h356.14−0.061%$558K$81K20xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.39+0.008%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.18−0.051%$98.2M$22.4M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.12−0.067%$683K$442K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.18−0.051%$167$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h355.94−0.118%$2.2M$4.9M15xas long as short
Variational Omni GOOGL+0.0057%8h356.37+0.003%$4.8M$2.7Mas long as short
QFEX GOOGL-USD+0.0064%1h356.26−0.028%$1.3M$4.8M10xas long as short
Paradex GOOGL-USD-PERP+0.0083%8h356.29−0.021%$292$2535xas long as short
Bitget GOOGLUSDT+0.0094%8h356.42+0.017%$17.0M$9.3M100xas long as short
Aster GOOGLUSDT+0.0100%8h356.48+0.033%$364K$457K20xas long as short
Pacifica GOOGL+0.0100%1h356.16−0.056%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h355.91−0.126%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.18−0.051%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.21−0.042%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.21−0.041%$25K10xas long as short
Bybit GOOGLUSDT+0.0105%8h356.43+0.020%$11.5M$7.7M100xas long as short
Extended GOOGL-USD+0.0120%1h356.26−0.029%$421K$1.9M20xas long as short
Binance GOOGLUSDTlong+0.0121%8h356.36long leg$72.9M$143.0M50x
Phoenix GOOGL+0.0157%1h356.21−0.042%$137K$48K20xas long as short
OKX GOOGL-USDT-SWAP+0.0193%8h356.41+0.014%$13.8M$12.8M50xas long as short
BloFin GOOGL-USDT+0.0241%8h356.360.000%$690K$234K20xas long as short
Arcus GOOGL-USD+0.0306%1h356.12−0.067%$202K$271K10xas long as short
edgeX GOOGLUSDC+0.0825%4h356.13−0.065%$208K$1.2M10xas long as short