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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.002%
Price spread now: Ondo Perps against Coinbase International−0.003%7-day average +0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.055%+$5 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now −0.003%, 7d avg +0.030%
Together, before fees+0.002%+ Points / potential airdropOndo Perps: Active · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.033% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.003% now, against its 7-day average of +0.030%). If the spread goes back, that is −$3 on $10k: about 3.2 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International GOOGL-PERP-INTX357.670.0016pay 0.0002% / 1h20m 34s$522K$1.1M10x
ShortOndo Perps GOOGL-USD.P357.660.0050get 0.0006% / 1h20m 34s$2.3M$4.9M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$7.22
Price spread: −0.003% → +0.030%
−$3.29
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$11.07
Costs to cover
0.150%
Break-even
17.7 days
Slippage unknown: Coinbase International: live order book, 3 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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 bp9.3 bp −$910.7 bp −$107doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hotstuff GOOGL-PERP−0.0008%1h357.78+0.031%$33K20xas long as short
Gate GOOGL_USDT0.0000%8h357.92+0.070%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h358.09+0.117%$17.5M$9.7M100xas long as short
SunX GOOGL-USDT0.0000%8h358.06+0.109%$2K$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.73+0.017%$24K$155K10xas long as short
HTX GOOGL-USDT0.0000%8h358.00+0.092%$115K$218K30xas long as short
Phemex GOOGLUSDT0.0000%4h358.03+0.101%$2.7M$85K10xas long as short
Nado GOOGL-PERP+0.0012%1h357.72+0.014%$558K$86K20xas long as short
Coinbase International GOOGL-PERP-INTXlong+0.0016%1h357.67long leg$522K$1.1M10x
Aftermath Perps GOOGLUSD+0.0022%1h357.66−0.001%$144K$47K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT GOOGL_USDT_Perp+0.0024%8h357.91+0.066%$23K$442K10xas long as short
Variational Omni GOOGL+0.0028%8h358.00+0.093%$4.8M$2.4Mas long as short
Lighter RH GOOGL+0.0032%1h357.99+0.089%$1.3M$2.1M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.154%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.68+0.003%$208K$279K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.94+0.075%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.80+0.036%$99.3M$20.6M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.74+0.020%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.79+0.034%$147$46K10xas long as short
Ondo Perps GOOGL-USD.Pshort+0.0050%1h357.66−0.003%$2.3M$4.9M15x
Paradex GOOGL-USD-PERP+0.0061%8h357.94+0.076%$294$2535xas long as short
QFEX GOOGL-USD+0.0064%1h357.95+0.078%$1.3M$4.2M10xas long as short
OKX GOOGL-USDT-SWAP+0.0084%8h358.00+0.092%$13.8M$12.5M50xas long as short
Aster GOOGLUSDT+0.0085%8h357.78+0.030%$366K$426K20xas long as short
Pacifica GOOGL+0.0100%1h358.00+0.094%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.47−0.056%$3.0M$104K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.66−0.003%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.73+0.017%$10K$11K20xas long as short
Extended GOOGL-USD+0.0104%1h357.96+0.081%$419K$1.4M20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.86+0.054%$25K10xas long as short
Binance GOOGLUSDT+0.0104%8h358.06+0.110%$72.5M$142.4M50xas long as short
Phoenix GOOGL+0.0179%1h357.77+0.028%$138K$36K20xas long as short
Lighter GOOGL+0.0200%1h357.97+0.084%$2.0M$1.3M20xas long as short
BloFin GOOGL-USDT+0.0224%8h358.02+0.098%$693K$234K20xas long as short
Bybit GOOGLUSDT+0.0241%8h358.18+0.143%$12.1M$7.5M100xas long as short
edgeX GOOGLUSDC+0.0893%4h357.90+0.064%$209K$1.2M10xas long as short