Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: OKX against Bybit−0.020%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$310.306% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 7 days+0.032%+$3 · spread now −0.020%, 7d avg −0.005%

Together, before fees+0.012%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit GOOGLUSDT	358.12	0	get 0.0000% / 8h	5h 48m	$11.5M	$7.7M	100x
Short	OKX GOOGL-USDT-SWAP	358.05	0	get 0.0000% / 8h	5h 48m	$13.5M	$13.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee BybitbpFee OKXbpOrdersPrice spread, now −0.020%Rate

Funding earned: $0
Price spread: −0.020% → −0.005%: −$1.46
Slippage, 4 orders: −$9.6
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$32.06
Costs to cover: 0.306%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; OKX: live order book, 2 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 Bybit live order book, 2 min ago	0.28 bp	8.5 bp −$8	11.3 bp −$113	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	0.14 bp	6.3 bp −$6	10.8 bp −$108	doesn't fit	doesn't fit

GOOGL on 36 exchanges

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
Hotstuff GOOGL-PERP	−0.1600%	1h	357.90	−0.061%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0040%	1h	357.92	−0.056%	$520K	$1.2M	10x	as long as short
Bybit GOOGLUSDTlong	0.0000%	8h	358.12	long leg	$11.5M	$7.7M	100x
OKX GOOGL-USDT-SWAPshort	0.0000%	8h	358.05	−0.020%	$13.5M	$13.7M	50x
Gate GOOGL_USDT	0.0000%	8h	358.03	−0.025%	$3.7M	$6.8M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.21	+0.025%	$17.4M	$9.8M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.00	−0.034%	$1K	$3.7M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.23	+0.031%	$115K	$211K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.26	+0.039%	$2.7M	$114K	10x	as long as short
Variational Omni GOOGL	+0.0004%	8h	358.09	−0.007%	$5.0M	$2.3M	—	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0029%	1h	358.00	−0.034%	$145K	$42K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.02	−0.028%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.279%	$128K	$45K	30x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	358.06	−0.017%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.84	−0.078%	$98.0M	$21.9M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.90	−0.061%	$685K	$421K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.73	−0.109%	$109	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.74	−0.106%	$2.3M	$3.9M	15x	as long as short
edgeX GOOGLUSDC	+0.0051%	4h	358.14	+0.005%	$209K	$1.2M	10x	as long as short
Aster GOOGLUSDT	+0.0053%	8h	358.30	+0.052%	$368K	$420K	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0057%	1h	357.86	−0.073%	$29K	$152K	10x	as long as short
QFEX GOOGL-USD	+0.0060%	1h	357.90	−0.061%	$1.2M	$4.1M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0060%	8h	357.75	−0.104%	$293	$253	5x	as long as short
Binance GOOGLUSDT	+0.0070%	8h	358.15	+0.008%	$73.2M	$145.2M	50x	as long as short
Extended GOOGL-USD	+0.0072%	1h	358.00	−0.033%	$426K	$2.4M	20x	as long as short
Lighter GOOGL	+0.0088%	1h	357.98	−0.039%	$2.0M	$2.1M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.78	−0.095%	$42K	$20K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.97	−0.042%	$3.0M	$250K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.99	−0.036%	$36K	$17K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.98	−0.039%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.99	−0.037%	$25K	—	10x	as long as short
Nado GOOGL-PERP	+0.0109%	1h	357.66	−0.129%	$552K	$82K	20x	as long as short
GRVT GOOGL_USDT_Perp	+0.0125%	8h	358.17	+0.014%	$12K	$458K	10x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.97	−0.042%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0193%	8h	358.10	−0.006%	$693K	$231K	20x	as long as short
Arcus GOOGL-USD	+0.0199%	1h	357.71	−0.114%	$211K	$195K	10x	as long as short