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+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h 0.000%
Price spread now: QFEX against Coinbase International+0.160%7-day average +0.121% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$290.292% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.004%$0 on $10k
Price spread, last 3 days (all we have)−0.116%−$12 · spread now +0.160%, 7d avg +0.121%
Together, before fees−0.112%−$11 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 QFEX is 0.039% dearer against Coinbase International than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.121%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International GOOGL-PERP-INTX356.00−0.0024get 0.0003% / 1h41m 05s$528K$1.1M10x
ShortQFEX GOOGL-USD356.570.0039get 0.0005% / 1h41m 05s$1.3M$4.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$13.19
Price spread: +0.160% → +0.121%
$3.89
Slippage, 4 orders
−$9.17
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$12.1
Costs to cover
0.292%
Break-even
13.4 days
Slippage from Coinbase International: live order book, 2 min ago; QFEX: live order book, 7 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, 2 min ago2.24 bp8.3 bp −$811.1 bp −$111doesn't fitdoesn't fit
Sell QFEX live order book, 7 min ago1.82 bp6.8 bp −$77.0 bp −$7013.1 bp −$1,311doesn'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−0.0024%1h356.00long leg$528K$1.1M10x
Gate GOOGL_USDT0.0000%8h356.66+0.185%$3.6M$7.5M100xas long as short
Bitget GOOGLUSDT0.0000%8h356.72+0.202%$16.9M$9.3M100xas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.57+0.160%$23K$438K10xas long as short
SunX GOOGL-USDT0.0000%8h356.67+0.188%$1K$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.46+0.129%$23K$153K10xas long as short
HTX GOOGL-USDT0.0000%8h356.85+0.239%$115K$227K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.72+0.202%$2.7M$67K10xas long as short
Hotstuff GOOGL-PERP+0.0008%1h356.57+0.160%$33K20xas long as short
Aftermath Perps GOOGLUSD+0.0009%1h356.29+0.082%$144K$51K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado GOOGL-PERP+0.0011%1h356.56+0.157%$556K$80K20xas long as short
Variational Omni GOOGL+0.0022%8h356.66+0.185%$4.7M$2.4Mas long as short
Lighter RH GOOGL+0.0032%1h356.73+0.205%$1.4M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.315%$128K$45K30xas long as short
QFEX GOOGL-USDshort+0.0039%1h356.57+0.160%$1.3M$4.5M10x
Arcus GOOGL-USD+0.0040%1h356.39+0.110%$202K$272K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.74+0.208%$5K25xas long as short
Lighter GOOGL+0.0048%1h356.69+0.194%$2.1M$1.2M20xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.63+0.177%$98.5M$22.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.45+0.126%$683K$433K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.61+0.171%$162$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.35+0.098%$2.3M$4.9M15xas long as short
Paradex GOOGL-USD-PERP+0.0064%8h356.71+0.198%$292$2535xas long as short
Aster GOOGLUSDT+0.0075%8h356.59+0.167%$364K$458K20xas long as short
Phoenix GOOGL+0.0090%1h356.47+0.132%$137K$36K20xas long as short
Extended GOOGL-USD+0.0096%1h356.60+0.170%$421K$1.8M20xas long as short
Binance GOOGLUSDT+0.0097%8h356.69+0.194%$72.7M$141.5M50xas long as short
Pacifica GOOGL+0.0100%1h356.48+0.135%$42K$43K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.27+0.076%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.36+0.101%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.54+0.152%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.56+0.158%$25K10xas long as short
Bybit GOOGLUSDT+0.0108%8h356.86+0.242%$11.6M$7.5M100xas long as short
OKX GOOGL-USDT-SWAP+0.0182%8h356.75+0.211%$13.8M$12.7M50xas long as short
BloFin GOOGL-USDT+0.0215%8h356.47+0.132%$651K$234K20xas long as short
edgeX GOOGLUSDC+0.0814%4h356.62+0.175%$209K$1.2M10xas long as short