Settings8H · net · $10k
Funding arb · Price arb /

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.53 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against Bybit+0.020%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.271% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 7 days−0.002%$0 · spread now +0.020%, 7d avg −0.006%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.026% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GOOGLUSDT358.840.0011pay 0.0011% / 8h6h 18m$11.5M$7.5M100x
ShortBinance GOOGLUSDT358.910.0064get 0.0064% / 8h6h 18m$73.3M$141.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$11.11
Price spread: +0.020% → −0.006%
$2.56
Slippage, 4 orders
−$6.05
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$13.38
Costs to cover
0.271%
Break-even
15.4 days
Slippage from Bybit: live order book, 3 min ago; Binance: 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 Bybit live order book, 3 min ago0.28 bp7.5 bp −$811.2 bp −$112doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago0.14 bp5.2 bp −$57.9 bp −$7924.1 bp −$2,414doesn't fit

GOOGL on 36 exchanges

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−0.0056%1h358.00−0.234%$516K$1.1M10xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h358.92+0.022%$13.5M$13.4M50xas long as short
Gate GOOGL_USDT0.0000%8h358.73−0.031%$3.7M$6.8M100xas long as short
Bitget GOOGLUSDT0.0000%8h358.92+0.022%$17.5M$9.4M100xas long as short
Variational Omni GOOGL0.0000%8h358.85+0.003%$5.0M$2.4Mas long as short
SunX GOOGL-USDT0.0000%8h358.87+0.008%$2K$3.7M20xas long as short
HTX GOOGL-USDT0.0000%8h359.04+0.056%$115K$210K30xas long as short
Phemex GOOGLUSDT0.0000%4h358.99+0.042%$2.7M$106K10xas long as short
Bybit GOOGLUSDTlong+0.0011%8h358.84long leg$11.5M$7.5M100x
Aftermath Perps GOOGLUSD+0.0031%1h358.68−0.044%$145K$43K10xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH GOOGL+0.0032%1h358.82−0.006%$1.3M$1.9M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.479%$128K$45K30xas long as short
Aster GOOGLUSDT+0.0044%8h358.55−0.080%$368K$420K20xas long as short
Vest GOOGL-USD-PERP+0.0046%1h358.88+0.011%$5K25xas long as short
QFEX GOOGL-USD+0.0048%1h358.80−0.011%$1.3M$4.1M10xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h358.63−0.059%$98.3M$21.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h358.74−0.028%$687K$413K10xas long as short
SoDEX GOOGL-USD+0.0050%1h358.65−0.053%$112$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h358.50−0.095%$2.3M$3.9M15xas long as short
Paradex GOOGL-USD-PERP+0.0063%8h358.74−0.027%$294$2535xas long as short
Binance GOOGLUSDTshort+0.0064%8h358.91+0.020%$73.3M$141.5M50x
Extended GOOGL-USD+0.0064%1h358.78−0.016%$424K$2.4M20xas long as short
Hotstuff GOOGL-PERP+0.0080%1h358.63−0.059%$33K20xas long as short
Arcus GOOGL-USD+0.0081%1h358.67−0.047%$211K$279K10xas long as short
Nado GOOGL-PERP+0.0081%1h358.65−0.054%$552K$81K20xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0085%1h358.70−0.039%$24K$148K10xas long as short
Pacifica GOOGL+0.0100%1h358.51−0.093%$42K$20K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h358.49−0.098%$3.0M$221K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h358.52−0.089%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h358.78−0.017%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h358.73−0.031%$25K10xas long as short
GRVT GOOGL_USDT_Perp+0.0115%8h358.84+0.001%$24K$446K10xas long as short
Phoenix GOOGL+0.0134%1h358.61−0.064%$138K$36K20xas long as short
BloFin GOOGL-USDT+0.0182%8h358.74−0.028%$687K$238K20xas long as short
Lighter GOOGL+0.0200%1h358.83−0.003%$2.0M$2.2M20xas long as short
edgeX GOOGLUSDC+0.0492%4h358.85+0.003%$209K$1.2M10xas long as short