Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0720%/8h= +78.8% APRpaid last 24h +0.151%

Price spread now: edgeX against Bitget−0.034%7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$320.322% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.131%−$13 on $10k

Price spread, last 7 days+0.026%+$3 · spread now −0.034%, 7d avg −0.039%

Together, before fees−0.106%+ Points / potential airdropedgeX: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: +$22 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.131%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.131% in total (about -6.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GOOGLUSDT	356.57	0.0083	pay 0.0083% / 8h	1h 25m	$16.9M	$9.3M	100x
Short	edgeX GOOGLUSDC	356.45	0.0803	get 0.0402% / 4h	1h 25m	$208K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee edgeXbpOrdersPrice spread, now −0.034%Rate

Funding earned: $151.22
Price spread: −0.034% → −0.039%: $0.5
Slippage, 4 orders: −$11.17
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $119.55
Costs to cover: 0.322%
Break-even: 1.5 days

Slippage from Bitget: live order book, 3 min ago; edgeX: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 3 min ago	0.42 bp	7.8 bp −$8	10.3 bp −$103	20.6 bp −$2,060	doesn't fit
Sell edgeX live order book, 4 min ago	3.37 bp	8.2 bp −$8	11.4 bp −$114	doesn't fit	doesn't fit

GOOGL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.19	−0.107%	$530K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0016%	1h	356.26	−0.087%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.39	−0.050%	$3.6M	$7.5M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.53	−0.011%	$1K	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.66	+0.025%	$115K	$224K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.56	−0.003%	$2.7M	$64K	10x	as long as short
Variational Omni GOOGL	+0.0008%	8h	356.52	−0.014%	$4.6M	$2.5M	—	as long as short
GRVT GOOGL_USDT_Perp	+0.0012%	8h	356.44	−0.036%	$23K	$484K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0015%	1h	356.27	−0.083%	$144K	$54K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.50	−0.020%	$1.4M	$2.5M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.154%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0045%	1h	356.45	−0.034%	$1.3M	$4.8M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.37	−0.056%	—	$5K	25x	as long as short
Bybit GOOGLUSDT	+0.0048%	8h	356.54	−0.008%	$11.5M	$7.7M	100x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.30	−0.076%	$683K	$438K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.29	−0.079%	$187	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.17	−0.112%	$2.3M	$4.9M	15x	as long as short
tradeXYZ xyz:GOOGL	+0.0051%	1h	356.28	−0.081%	$98.1M	$25.1M	20x	as long as short
Aster GOOGLUSDT	+0.0069%	8h	356.60	+0.009%	$362K	$455K	20x	as long as short
Bitget GOOGLUSDTlong	+0.0083%	8h	356.57	long leg	$16.9M	$9.3M	100x
Paradex GOOGL-USD-PERP	+0.0084%	8h	356.43	−0.038%	$292	$253	5x	as long as short
OKX GOOGL-USDT-SWAP	+0.0090%	8h	356.52	−0.014%	$13.8M	$12.8M	50x	as long as short
Binance GOOGLUSDT	+0.0096%	8h	356.51	−0.016%	$73.0M	$142.3M	50x	as long as short
Extended GOOGL-USD	+0.0096%	1h	356.45	−0.033%	$421K	$1.6M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.40	−0.048%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.05	−0.146%	$3.0M	$67K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.08	−0.137%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.39	−0.050%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.38	−0.053%	$25K	—	10x	as long as short
Nado GOOGL-PERP	+0.0133%	1h	356.14	−0.121%	$558K	$82K	20x	as long as short
Phoenix GOOGL	+0.0135%	1h	356.36	−0.059%	$137K	$48K	20x	as long as short
Arcus GOOGL-USD	+0.0169%	1h	356.30	−0.076%	$202K	$271K	10x	as long as short
BloFin GOOGL-USDT	+0.0216%	8h	356.56	−0.003%	$690K	$235K	20x	as long as short
Lighter GOOGL	+0.0272%	1h	356.50	−0.020%	$2.0M	$1.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0480%	1h	356.37	−0.056%	$22K	$151K	10x	as long as short
edgeX GOOGLUSDCshort	+0.0803%	4h	356.45	−0.034%	$208K	$1.2M	10x