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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.09 per $10,000 · paid last 24h −0.001%
Price spread now: Polymarket Perps against Coinbase International+0.096%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$280.279% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 3 days (all we have)−0.089%−$9 · spread now +0.096%, 7d avg +0.061%
Together, before fees−0.026%−$3 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 Polymarket Perps is 0.035% dearer against Coinbase International than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.061%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International GOOGL-PERP-INTX356.00−0.0024get 0.0003% / 1h45m 09s$528K$1.1M10x
ShortPolymarket Perps GOOG-USD356.340.0050get 0.0006% / 1h45m 09s$683K$433K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket 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
$15.54
Price spread: +0.096% → +0.061%
$3.45
Slippage, 4 orders
−$9.91
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$8.92
Costs to cover
0.279%
Break-even
11.0 days
Slippage from Coinbase International: live order book, 3 min ago; Polymarket Perps: live order book, 23 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 ago1.97 bp7.6 bp −$811.3 bp −$113doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 23 min ago1.54 bp5.5 bp −$66.0 bp −$608.1 bp −$807doesn'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
Hotstuff GOOGL-PERP−0.0104%1h356.45+0.126%$33K20xas long as short
Coinbase International GOOGL-PERP-INTXlong−0.0024%1h356.00long leg$528K$1.1M10x
Gate GOOGL_USDT0.0000%8h356.52+0.146%$3.6M$7.5M100xas long as short
Bitget GOOGLUSDT0.0000%8h356.57+0.160%$16.9M$9.3M100xas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.45+0.125%$23K$443K10xas long as short
SunX GOOGL-USDT0.0000%8h356.58+0.163%$1K$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.31+0.087%$23K$153K10xas long as short
HTX GOOGL-USDT0.0000%8h356.70+0.197%$114K$227K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.56+0.157%$2.7M$67K10xas long as short
Nado GOOGL-PERP+0.0008%1h356.39+0.110%$556K$80K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps GOOGLUSD+0.0009%1h356.19+0.055%$144K$51K10xas long as short
Variational Omni GOOGL+0.0020%8h356.45+0.126%$4.8M$2.3Mas long as short
Lighter GOOGL+0.0032%1h356.54+0.152%$2.1M$1.1M20xas long as short
Lighter RH GOOGL+0.0032%1h356.62+0.174%$1.4M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.315%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0039%1h356.46+0.129%$1.3M$4.5M10xas long as short
Arcus GOOGL-USD+0.0040%1h356.27+0.076%$202K$272K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.56+0.157%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.48+0.135%$98.3M$22.3M20xas long as short
Polymarket Perps GOOG-USDshort+0.0050%1h356.34+0.096%$683K$433K10x
SoDEX GOOGL-USD+0.0050%1h356.46+0.129%$161$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.23+0.065%$2.3M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0063%8h356.53+0.150%$292$2535xas long as short
Aster GOOGLUSDT+0.0074%8h356.60+0.167%$364K$458K20xas long as short
Bybit GOOGLUSDT+0.0077%8h356.73+0.205%$11.6M$7.5M100xas long as short
Phoenix GOOGL+0.0090%1h356.36+0.101%$137K$36K20xas long as short
Binance GOOGLUSDT+0.0095%8h356.59+0.166%$72.7M$141.8M50xas long as short
Extended GOOGL-USD+0.0096%1h356.52+0.145%$421K$1.8M20xas long as short
Pacifica GOOGL+0.0100%1h356.32+0.089%$42K$43K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.15+0.042%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.25+0.070%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.43+0.121%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.46+0.129%$25K10xas long as short
OKX GOOGL-USDT-SWAP+0.0179%8h356.71+0.199%$13.8M$12.7M50xas long as short
BloFin GOOGL-USDT+0.0215%8h356.47+0.132%$651K$234K20xas long as short
edgeX GOOGLUSDC+0.0635%4h356.43+0.121%$209K$1.2M10xas long as short