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+0.0080%/8h= +8.8% APRnext payment +$0.80 per $10,000 · paid last 24h −0.010%
Price spread now: Orderly against Binance−0.039%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.039% cheaper against Binance than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 39 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GOOGLUSDT356.240.0020pay 0.0020% / 8h2h 05m$72.9M$141.5M50x
ShortOrderly PERP_GOOGL_USDC356.100.0100get 0.0100% / 8h2h 05m$10K$10K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$16.81
Price spread: −0.039% → 0.000%
−$3.93
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$3.12
Costs to cover
0.160%
Break-even
8.3 days
Slippage unknown: Binance: live order book, 8 min ago; Orderly: 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 Binance live order book, 8 min ago0.14 bp6.7 bp −$78.8 bp −$8825.8 bp −$2,578doesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0032%1h355.79−0.126%$523K$1.1M10xas long as short
Hotstuff GOOGL-PERP−0.0016%1h355.98−0.073%$33K20xas long as short
Aster GOOGLUSDT0.0000%8h356.08−0.046%$362K$455K20xas long as short
Bybit GOOGLUSDT0.0000%8h356.240.000%$11.5M$7.7M100xas long as short
Gate GOOGL_USDT0.0000%8h356.09−0.042%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h356.240.000%$4.6M$2.6Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.17−0.018%$23K$507K10xas long as short
SunX GOOGL-USDT0.0000%8h356.23−0.003%$1K$4.2M20xas long as short
HTX GOOGL-USDT0.0000%8h356.29+0.014%$114K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.27+0.008%$2.7M$64K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended GOOGL-USD+0.0016%1h356.21−0.008%$422K$1.6M20xas long as short
Aftermath Perps GOOGLUSD+0.0017%1h355.98−0.072%$144K$55K10xas long as short
Binance GOOGLUSDTlong+0.0020%8h356.24long leg$72.9M$141.5M50x
Lighter RH GOOGL+0.0032%1h356.25+0.003%$1.4M$2.6M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.247%$128K$45K30xas long as short
OKX GOOGL-USDT-SWAP+0.0038%8h356.22−0.006%$13.8M$12.9M50xas long as short
QFEX GOOGL-USD+0.0043%1h356.11−0.036%$1.3M$4.7M10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.18−0.017%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h355.99−0.070%$97.9M$25.3M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.04−0.056%$683K$438K10xas long as short
SoDEX GOOGL-USD+0.0050%1h355.99−0.070%$189$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h355.80−0.124%$2.3M$4.9M15xas long as short
Bitget GOOGLUSDT+0.0051%8h356.13−0.031%$16.9M$9.2M100xas long as short
Paradex GOOGL-USD-PERP+0.0065%8h356.17−0.021%$292$2535xas long as short
Arcus GOOGL-USD+0.0071%1h356.00−0.067%$202K$303K10xas long as short
BloFin GOOGL-USDT+0.0080%8h356.15−0.025%$688K$235K20xas long as short
Nado GOOGL-PERP+0.0087%1h355.92−0.090%$556K$81K20xas long as short
Pacifica GOOGL+0.0100%1h355.89−0.099%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h355.79−0.126%$3.0M$68K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h355.90−0.095%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDCshort+0.0100%8h356.10−0.039%$10K$10K20x
Aevo GOOGL-PERP+0.0104%1h356.04−0.055%$25K10xas long as short
Phoenix GOOGL+0.0112%1h355.95−0.081%$137K$48K20xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0171%1h356.14−0.028%$22K$151K10xas long as short
Lighter GOOGL+0.0200%1h356.25+0.003%$2.0M$1.0M20xas long as short
edgeX GOOGLUSDC+0.0398%4h356.14−0.027%$208K$1.2M10xas long as short