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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0088%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h +0.025%
Price spread now: Arcus against Coinbase International+0.042%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.106%+$11 on $10k
Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.042%, 7d avg +0.065%
Together, before fees+0.068%+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.023% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.065%). If the spread goes back, that is −$2 on $10k: about 21 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International GOOGL-PERP-INTX357.09−0.0048get 0.0006% / 1h20m 11s$512K$1.1M10x
ShortArcus GOOGL-USD357.240.0040get 0.0005% / 1h20m 11s$207K$279K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Coinbase International. 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
$18.54
Price spread: +0.042% → +0.065%
−$2.29
Slippage, 4 orders
−$18.18
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$16.43
Costs to cover
0.327%
Break-even
13.2 days
Slippage from Coinbase International: live order book, 3 min ago; Arcus: live order book, 18 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 Coinbase International live order book, 3 min ago1.96 bp8.1 bp −$811.2 bp −$112doesn't fitdoesn't fit
Sell Arcus live order book, 18 min ago1.68 bp8.9 bp −$911.1 bp −$111doesn'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-INTXlong−0.0048%1h357.09long leg$512K$1.1M10x
Nado GOOGL-PERP−0.0006%1h357.40+0.088%$550K$88K20xas long as short
Deribit GOOGL_USDC-PERPETUAL−0.0002%1h357.29+0.056%$24K$157K10xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h357.49+0.112%$13.6M$12.8M50xas long as short
Gate GOOGL_USDT0.0000%8h357.38+0.081%$3.6M$7.5M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.61+0.146%$17.3M$9.8M100xas long as short
Variational Omni GOOGL0.0000%8h357.51+0.118%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.49+0.112%$23K$450K10xas long as short
SunX GOOGL-USDT0.0000%8h357.57+0.134%$1K$4.0M20xas long as short
HTX GOOGL-USDT0.0000%8h357.66+0.160%$115K$210K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex GOOGLUSDT0.0000%4h357.54+0.126%$2.7M$88K10xas long as short
Aster GOOGLUSDT+0.0007%8h357.57+0.134%$366K$424K20xas long as short
Aftermath Perps GOOGLUSD+0.0023%1h357.36+0.076%$144K$45K10xas long as short
Binance GOOGLUSDT+0.0029%8h357.57+0.134%$72.1M$143.3M50xas long as short
Lighter RH GOOGL+0.0032%1h357.50+0.115%$1.4M$1.9M20xas long as short
Extended GOOGL-USD+0.0032%1h357.48+0.108%$427K$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.008%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0035%1h357.47+0.106%$1.3M$4.1M10xas long as short
Arcus GOOGL-USDshort+0.0040%1h357.24+0.042%$207K$279K10x
Vest GOOGL-USD-PERP+0.0046%1h357.66+0.160%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.34+0.070%$98.2M$21.3M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.28+0.053%$685K$430K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.32+0.064%$135$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.11+0.006%$2.3M$4.6M15xas long as short
Paradex GOOGL-USD-PERP+0.0051%8h357.50+0.114%$293$2535xas long as short
KuCoin GOOGLUSDTM+0.0055%8h357.07−0.006%$3.0M$105K20xas long as short
Bybit GOOGLUSDT+0.0088%8h357.56+0.132%$11.5M$7.9M100xas long as short
Pacifica GOOGL+0.0100%1h357.30+0.058%$42K$35K10xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.29+0.056%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.38+0.081%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.42+0.092%$25K10xas long as short
Lighter GOOGL+0.0112%1h357.56+0.132%$2.0M$1.4M20xas long as short
Phoenix GOOGL+0.0112%1h357.25+0.045%$137K$36K20xas long as short
BloFin GOOGL-USDT+0.0116%8h357.53+0.123%$689K$236K20xas long as short
Hotstuff GOOGL-PERP+0.0144%1h357.27+0.050%$33K20xas long as short
edgeX GOOGLUSDC+0.0435%4h357.34+0.071%$208K$1.2M10xas long as short