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−0.0106%/8h= −11.6% APRnext payment $1.06 per $10,000 · paid last 24h −0.056%
Price spread now: Gate against Bybit−0.048%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$410.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.074%−$7 on $10k
Price spread, last 7 days+0.034%+$3 · spread now −0.048%, 7d avg −0.021%
Together, before fees−0.040%−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.026% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GOOGLUSDT357.330.0106pay 0.0106% / 8h38m 23s$11.5M$7.9M100x
ShortGate GOOGL_USDT357.160get 0.0000% / 8h38m 23s$3.6M$7.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$22.29
Price spread: −0.048% → −0.021%
−$2.62
Slippage, 4 orders
−$15.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$66.31
Costs to cover
0.414%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago0.42 bp7.8 bp −$811.1 bp −$111doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago2.38 bp13.3 bp −$1327.1 bp −$271doesn'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−0.0048%1h356.60−0.204%$511K$1.1M10xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h357.28−0.014%$13.6M$12.7M50xas long as short
Hotstuff GOOGL-PERP0.0000%1h357.12−0.059%$33K20xas long as short
Gate GOOGL_USDTshort0.0000%8h357.16−0.048%$3.6M$7.4M100x
Bitget GOOGLUSDT0.0000%8h357.36+0.008%$17.3M$9.8M100xas long as short
Variational Omni GOOGL0.0000%8h357.43+0.027%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.45+0.033%$23K$448K10xas long as short
SunX GOOGL-USDT0.0000%8h357.43+0.028%$1K$4.0M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.11−0.062%$24K$157K10xas long as short
HTX GOOGL-USDT0.0000%8h357.51+0.050%$115K$210K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex GOOGLUSDT0.0000%4h357.45+0.034%$2.7M$88K10xas long as short
Nado GOOGL-PERP+0.0012%1h357.07−0.072%$549K$91K20xas long as short
Aster GOOGLUSDT+0.0013%8h357.30−0.007%$365K$424K20xas long as short
Aftermath Perps GOOGLUSD+0.0023%1h357.31−0.005%$144K$45K10xas long as short
Lighter RH GOOGL+0.0032%1h357.21−0.034%$1.4M$1.9M20xas long as short
Extended GOOGL-USD+0.0032%1h357.21−0.035%$427K$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.059%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0035%1h357.18−0.042%$1.3M$4.2M10xas long as short
Binance GOOGLUSDT+0.0036%8h357.31−0.006%$72.0M$143.4M50xas long as short
Arcus GOOGL-USD+0.0040%1h357.13−0.056%$207K$279K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.38+0.014%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.09−0.067%$98.1M$21.4M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.02−0.087%$685K$430K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.07−0.073%$140$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.09−0.067%$2.3M$4.7M15xas long as short
Paradex GOOGL-USD-PERP+0.0051%8h357.20−0.036%$293$2535xas long as short
KuCoin GOOGLUSDTM+0.0066%8h356.85−0.134%$3.0M$101K20xas long as short
Pacifica GOOGL+0.0100%1h357.03−0.083%$42K$35K10xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.17−0.045%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.15−0.050%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.18−0.041%$25K10xas long as short
Bybit GOOGLUSDTlong+0.0106%8h357.33long leg$11.5M$7.9M100x
Phoenix GOOGL+0.0112%1h357.330.000%$137K$36K20xas long as short
BloFin GOOGL-USDT+0.0141%8h357.47+0.039%$688K$236K20xas long as short
Lighter GOOGL+0.0152%1h357.27−0.017%$2.0M$1.3M20xas long as short
edgeX GOOGLUSDC+0.0617%4h357.42+0.024%$208K$1.2M10xas long as short