Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0037%/8h= −4.1% APRpaid last 24h +0.018%

Price spread now: Extended against Bitget−0.059%7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$230.226% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 7 days−0.046%−$5 · spread now −0.059%, 7d avg −0.048%

Together, before fees−0.029%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.048%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GOOGLUSDT	357.80	0.0077	pay 0.0077% / 8h	5h 32m	$17.0M	$9.3M	100x
Short	Extended GOOGL-USD	357.59	0.0040	get 0.0005% / 1h	32m 21s	$426K	$1.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.059%Rate

Funding earned: −$7.77
Price spread: −0.059% → −0.048%: −$1.12
Slippage, 4 orders: −$5.63
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$31.52
Costs to cover: 0.226%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Extended: live order book, 1 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, 1 min ago	0.42 bp	7.8 bp −$8	10.8 bp −$108	23.3 bp −$2,334	doesn't fit
Sell Extended live order book, 1 min ago	0.14 bp	3.5 bp −$4	10.1 bp −$101	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	−0.0064%	1h	357.46	−0.095%	$524K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0058%	1h	357.60	−0.055%	$558K	$80K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.64	−0.045%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.75	−0.015%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.79	−0.003%	$23K	$439K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.77	−0.008%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.46	−0.095%	$23K	$154K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.86	+0.017%	$115K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.82	+0.006%	$2.7M	$76K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0003%	1h	357.62	−0.050%	$144K	$50K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit GOOGLUSDT	+0.0008%	8h	357.82	+0.006%	$11.8M	$7.5M	100x	as long as short
Aster GOOGLUSDT	+0.0023%	8h	357.65	−0.042%	$366K	$458K	20x	as long as short
QFEX GOOGL-USD	+0.0028%	1h	357.68	−0.034%	$1.3M	$4.3M	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.69	−0.031%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.190%	$128K	$45K	30x	as long as short
Extended GOOGL-USDshort	+0.0040%	1h	357.59	−0.059%	$426K	$1.8M	20x
Arcus GOOGL-USD	+0.0040%	1h	357.53	−0.075%	$208K	$277K	10x	as long as short
Binance GOOGLUSDT	+0.0041%	8h	357.72	−0.022%	$72.9M	$141.2M	50x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.79	−0.003%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.50	−0.084%	$99.1M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.47	−0.092%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.52	−0.078%	$140	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.56	−0.067%	$2.2M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0053%	8h	357.72	−0.023%	$293	$253	5x	as long as short
edgeX GOOGLUSDC	+0.0063%	4h	357.76	−0.012%	$209K	$1.2M	10x	as long as short
Hotstuff GOOGL-PERP	+0.0064%	1h	357.61	−0.053%	$33K	—	20x	as long as short
Bitget GOOGLUSDTlong	+0.0077%	8h	357.80	long leg	$17.0M	$9.3M	100x
Pacifica GOOGL	+0.0100%	1h	357.51	−0.080%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.49	−0.087%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.63	−0.048%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.58	−0.061%	$10K	$10K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	357.71	−0.025%	$2.1M	$1.2M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.50	−0.083%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.70	−0.028%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0115%	8h	357.77	−0.008%	$13.8M	$12.4M	50x	as long as short
BloFin GOOGL-USDT	+0.0163%	8h	357.69	−0.031%	$697K	$234K	20x	as long as short