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−0.0020%/8h= −2.2% APRnext payment $0.20 per $10,000 · paid last 24h +0.012%
Price spread now: OKX against Binance−0.020%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
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−0.004%$0 on $10k
Price spread, last 7 days−0.006%−$1 · spread now −0.020%, 7d avg +0.001%
Together, before fees−0.010%−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.021% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GOOGLUSDT358.050.0104pay 0.0104% / 8h3h 21m$72.4M$142.3M50x
ShortOKX GOOGL-USDT-SWAP357.980.0084get 0.0084% / 8h3h 21m$13.8M$12.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$4.19
Price spread: −0.020% → +0.001%
−$2.08
Slippage, 4 orders
−$2.65
Fee Binance: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$28.92
Costs to cover
0.226%
Break-even
never at this rate
Slippage from Binance: live order book, 7 min ago; OKX: live order book, 2 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, 7 min ago0.14 bp5.7 bp −$67.4 bp −$7420.9 bp −$2,091doesn't fit
Sell OKX live order book, 2 min ago0.14 bp5.5 bp −$510.9 bp −$109doesn'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−0.0008%1h357.79−0.073%$33K20xas long as short
Gate GOOGL_USDT0.0000%8h357.91−0.040%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h358.050.000%$17.5M$9.6M100xas long as short
SunX GOOGL-USDT0.0000%8h357.96−0.026%$2K$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.61−0.123%$24K$155K10xas long as short
HTX GOOGL-USDT0.0000%8h358.00−0.014%$115K$218K30xas long as short
Phemex GOOGLUSDT0.0000%4h358.02−0.009%$2.7M$85K10xas long as short
Nado GOOGL-PERP+0.0012%1h357.72−0.093%$558K$86K20xas long as short
Coinbase International GOOGL-PERP-INTX+0.0016%1h357.67−0.107%$522K$1.1M10xas long as short
Aftermath Perps GOOGLUSD+0.0022%1h357.67−0.108%$144K$47K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT GOOGL_USDT_Perp+0.0024%8h357.91−0.040%$23K$442K10xas long as short
Variational Omni GOOGL+0.0025%8h357.78−0.076%$4.8M$2.4Mas long as short
Lighter RH GOOGL+0.0032%1h357.98−0.020%$1.3M$2.1M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.260%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.65−0.112%$208K$279K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.94−0.031%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.79−0.073%$99.3M$20.6M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.74−0.087%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.77−0.079%$150$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.58−0.132%$2.3M$4.9M15xas long as short
Paradex GOOGL-USD-PERP+0.0058%8h357.91−0.038%$293$2535xas long as short
QFEX GOOGL-USD+0.0064%1h357.92−0.037%$1.3M$4.2M10xas long as short
OKX GOOGL-USDT-SWAPshort+0.0084%8h357.98−0.020%$13.8M$12.5M50x
Aster GOOGLUSDT+0.0084%8h357.79−0.074%$366K$426K20xas long as short
Pacifica GOOGL+0.0100%1h357.93−0.034%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.47−0.162%$3.0M$103K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.66−0.109%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.79−0.073%$10K$11K20xas long as short
Binance GOOGLUSDTlong+0.0104%8h358.05long leg$72.4M$142.3M50x
Extended GOOGL-USD+0.0104%1h357.95−0.028%$419K$1.4M20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.81−0.066%$25K10xas long as short
Phoenix GOOGL+0.0179%1h357.77−0.079%$138K$36K20xas long as short
Lighter GOOGL+0.0192%1h357.95−0.028%$2.0M$1.3M20xas long as short
BloFin GOOGL-USDT+0.0223%8h357.97−0.023%$693K$234K20xas long as short
Bybit GOOGLUSDT+0.0238%8h358.15+0.027%$12.1M$7.5M100xas long as short
edgeX GOOGLUSDC+0.0893%4h357.90−0.043%$209K$1.2M10xas long as short