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−0.0169%/8h= −18.5% APRnext payment $1.69 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against BloFin+0.017%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.233%−$23 on $10k
Price spread, last 3 days (all we have)−0.046%−$5 · spread now +0.017%, 7d avg +0.011%
Together, before fees−0.279%−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GOOGL-USDT356.600.0229pay 0.0229% / 8h1h 14m$689K$235K20x
ShortBybit GOOGLUSDT356.660.0060get 0.0060% / 8h1h 14m$11.5M$7.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
−$35.42
Price spread: +0.017% → +0.011%
$0.55
Slippage, 4 orders
−$8.55
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$66.42
Costs to cover
0.315%
Break-even
never at this rate
Slippage from BloFin: live order book, 67 min ago; Bybit: live order book, 3 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 BloFin live order book, 67 min ago0.14 bp6.4 bp −$67.9 bp −$7918.6 bp −$1,859doesn't fit
Sell Bybit live order book, 3 min ago0.56 bp9.6 bp −$1013.3 bp −$133doesn'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
Coinbase International GOOGL-PERP-INTX−0.0024%1h356.19−0.115%$530K$1.1M10xas long as short
Gate GOOGL_USDT0.0000%8h356.51−0.025%$3.6M$7.5M100xas long as short
SunX GOOGL-USDT0.0000%8h356.64+0.011%$1K$4.2M20xas long as short
HTX GOOGL-USDT0.0000%8h356.75+0.042%$115K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.600.000%$2.7M$64K10xas long as short
Aftermath Perps GOOGLUSD+0.0016%1h356.20−0.111%$144K$54K10xas long as short
Variational Omni GOOGL+0.0026%8h356.56−0.011%$4.6M$2.5Mas long as short
Lighter RH GOOGL+0.0032%1h356.71+0.031%$1.4M$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.146%$128K$45K30xas long as short
GRVT GOOGL_USDT_Perp+0.0034%8h356.55−0.014%$23K$477K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOOGL-PERP+0.0040%1h356.36−0.067%$33K20xas long as short
QFEX GOOGL-USD+0.0045%1h356.51−0.025%$1.3M$4.8M10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.53−0.020%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.43−0.048%$98.0M$24.9M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.40−0.056%$683K$437K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.42−0.050%$183$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.09−0.143%$2.3M$4.9M15xas long as short
Bybit GOOGLUSDTshort+0.0060%8h356.66+0.017%$11.5M$7.7M100x
Aster GOOGLUSDT+0.0083%8h356.81+0.060%$362K$455K20xas long as short
Paradex GOOGL-USD-PERP+0.0087%8h356.63+0.008%$292$2535xas long as short
Bitget GOOGLUSDT+0.0090%8h356.64+0.011%$16.9M$9.2M100xas long as short
Pacifica GOOGL+0.0100%1h356.49−0.031%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.24−0.101%$3.0M$67K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.25−0.098%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.49−0.031%$10K$10K20xas long as short
OKX GOOGL-USDT-SWAP+0.0101%8h356.63+0.008%$13.8M$12.8M50xas long as short
Aevo GOOGL-PERP+0.0104%1h356.51−0.025%$25K10xas long as short
Binance GOOGLUSDT+0.0109%8h356.62+0.006%$73.0M$142.1M50xas long as short
Extended GOOGL-USD+0.0112%1h356.55−0.015%$421K$1.6M20xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0115%1h356.48−0.034%$22K$151K10xas long as short
Nado GOOGL-PERP+0.0131%1h356.38−0.061%$559K$82K20xas long as short
Phoenix GOOGL+0.0135%1h356.38−0.062%$137K$48K20xas long as short
Arcus GOOGL-USD+0.0169%1h356.41−0.053%$202K$271K10xas long as short
BloFin GOOGL-USDTlong+0.0229%8h356.60long leg$689K$235K20x
Lighter GOOGL+0.0272%1h356.69+0.025%$2.0M$1.0M20xas long as short
edgeX GOOGLUSDC+0.0722%4h356.54−0.016%$208K$1.2M10xas long as short