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+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h −0.012%
Price spread now: GRVT against Bitget+0.017%103s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.267% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.057%−$6 on $10k
Price spread, last 4 days (all we have)−0.121%−$12 · spread now +0.017%, 7d avg −0.005%
Together, before fees−0.178%+ Points / potential airdropGRVT: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.022% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.005%. Mind the row above: over the last 7 days funding on this pair cost −0.057%, so the current rate has only just turned in your favour. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget GOOGLUSDT357.590get 0.0000% / 8h3h 51m$17.4M$9.6M100x
ShortGRVT GOOGL_USDT_Perp357.650.0025get 0.0025% / 8h3h 51m$23K$432K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
$5.25
Price spread: +0.017% → −0.005%
$2.16
Slippage, 4 orders
−$5.65
Fee Bitget: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$19.25
Costs to cover
0.267%
Break-even
32.7 days
Slippage from Bitget: live order book, 2 min ago; GRVT: live order book, 1 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 Bitget live order book, 2 min ago0.56 bp6.6 bp −$79.6 bp −$96doesn't fitdoesn't fit
Sell GRVT live order book, 1 min ago1.26 bp5.9 bp −$69.7 bp −$97doesn'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
Gate GOOGL_USDT0.0000%8h357.42−0.048%$3.6M$7.3M100xas long as short
Bitget GOOGLUSDTlong0.0000%8h357.59long leg$17.4M$9.6M100x
SunX GOOGL-USDT0.0000%8h357.57−0.006%$497$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.69+0.028%$115K$220K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.65+0.017%$2.7M$86K10xas long as short
Coinbase International GOOGL-PERP-INTX+0.0016%1h357.36−0.064%$524K$1.1M10xas long as short
GRVT GOOGL_USDT_Perpshort+0.0025%8h357.65+0.017%$23K$432K10x
Variational Omni GOOGL+0.0025%8h357.62+0.009%$4.8M$2.3Mas long as short
Aftermath Perps GOOGLUSD+0.0030%1h357.69+0.027%$144K$48K10xas long as short
Lighter RH GOOGL+0.0032%1h357.55−0.011%$1.3M$2.1M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.131%$128K$45K30xas long as short
Hotstuff GOOGL-PERP+0.0040%1h357.30−0.081%$33K20xas long as short
Arcus GOOGL-USD+0.0040%1h357.30−0.081%$207K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.49−0.028%$5K25xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.32−0.076%$685K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.30−0.081%$141$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.27−0.089%$2.3M$4.8M15xas long as short
QFEX GOOGL-USD+0.0064%1h357.48−0.031%$1.3M$4.2M10xas long as short
Nado GOOGL-PERP+0.0085%1h357.21−0.105%$557K$80K20xas long as short
Aster GOOGLUSDT+0.0088%8h357.66+0.020%$366K$426K20xas long as short
Pacifica GOOGL+0.0100%1h357.48−0.031%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.16−0.120%$3.0M$91K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.38−0.059%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.23−0.101%$10K$10K20xas long as short
tradeXYZ xyz:GOOGL+0.0103%1h357.29−0.084%$99.1M$20.5M20xas long as short
Extended GOOGL-USD+0.0104%1h357.44−0.042%$423K$1.8M20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.40−0.054%$25K10xas long as short
Binance GOOGLUSDT+0.0107%8h357.52−0.020%$72.6M$141.2M50xas long as short
OKX GOOGL-USDT-SWAP+0.0116%8h357.47−0.034%$13.8M$12.4M50xas long as short
Paradex GOOGL-USD-PERP+0.0120%8h357.44−0.043%$293$2535xas long as short
Phoenix GOOGL+0.0179%1h357.38−0.059%$137K$36K20xas long as short
BloFin GOOGL-USDT+0.0226%8h357.68+0.025%$694K$234K20xas long as short
Bybit GOOGLUSDT+0.0246%8h357.60+0.003%$12.0M$7.5M100xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0254%1h357.34−0.070%$24K$155K10xas long as short
Lighter GOOGL+0.0344%1h357.55−0.011%$2.0M$1.3M20xas long as short
edgeX GOOGLUSDC+0.0713%4h357.58−0.003%$208K$1.2M10xas long as short