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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.002%
Price spread now: tradeXYZ against Coinbase International+0.070%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$340.339% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 3 days (all we have)−0.102%−$10 · spread now +0.070%, 7d avg +0.048%
Together, before fees−0.040%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and tradeXYZ is 0.022% dearer against Coinbase International than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.048%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International GOOGL-PERP-INTX357.29−0.0064get 0.0008% / 1h48m 08s$523K$1.1M10x
ShorttradeXYZ xyz:GOOGL357.540.0050get 0.0006% / 1h48m 08s$99.0M$22.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$23.94
Price spread: +0.070% → +0.048%
$2.2
Slippage, 4 orders
−$5.94
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$7.8
Costs to cover
0.339%
Break-even
9.3 days
Slippage from Coinbase International: live order book, just now; tradeXYZ: live order book, 12 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, just now2.24 bp7.2 bp −$710.9 bp −$109doesn't fitdoesn't fit
Sell tradeXYZ live order book, 12 min ago0.14 bp9.7 bp −$1012.6 bp −$126doesn't fitdoesn't fit

GOOGL on 35 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
Deribit GOOGL_USDC-PERPETUAL−0.0365%1h357.32+0.008%$23K$154K10xas long as short
Nado GOOGL-PERP−0.0067%1h357.59+0.085%$558K$80K20xas long as short
Coinbase International GOOGL-PERP-INTXlong−0.0064%1h357.29long leg$523K$1.1M10x
Gate GOOGL_USDT0.0000%8h357.63+0.095%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h357.62+0.091%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.65+0.100%$23K$437K10xas long as short
SunX GOOGL-USDT0.0000%8h357.75+0.129%$1K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.88+0.165%$115K$223K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.76+0.132%$2.7M$75K10xas long as short
Aftermath Perps GOOGLUSD+0.0005%1h357.41+0.034%$144K$50K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit GOOGLUSDT+0.0024%8h357.81+0.146%$11.8M$7.5M100xas long as short
QFEX GOOGL-USD+0.0028%1h357.62+0.092%$1.3M$4.4M10xas long as short
Lighter RH GOOGL+0.0032%1h357.76+0.132%$1.3M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.048%$128K$45K30xas long as short
Aster GOOGLUSDT+0.0036%8h357.64+0.098%$366K$458K20xas long as short
Arcus GOOGL-USD+0.0040%1h357.43+0.039%$208K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.84+0.154%$5K25xas long as short
tradeXYZ xyz:GOOGLshort+0.0050%1h357.54+0.070%$99.0M$22.5M20x
Polymarket Perps GOOG-USD+0.0050%1h357.40+0.031%$685K$431K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.54+0.070%$147$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.32+0.008%$2.3M$4.8M15xas long as short
Bitget GOOGLUSDT+0.0053%8h357.72+0.120%$17.0M$9.3M100xas long as short
Paradex GOOGL-USD-PERP+0.0054%8h357.72+0.121%$293$2535xas long as short
Extended GOOGL-USD+0.0056%1h357.65+0.101%$421K$1.8M20xas long as short
Hotstuff GOOGL-PERP+0.0056%1h357.54+0.070%$33K20xas long as short
Binance GOOGLUSDT+0.0056%8h357.75+0.129%$72.9M$141.5M50xas long as short
Lighter GOOGL+0.0096%1h357.78+0.137%$2.1M$1.2M20xas long as short
Pacifica GOOGL+0.0100%1h357.47+0.052%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.30+0.003%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.46+0.048%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.59+0.084%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.57+0.078%$25K10xas long as short
Phoenix GOOGL+0.0112%1h357.54+0.070%$138K$36K20xas long as short
OKX GOOGL-USDT-SWAP+0.0135%8h357.72+0.120%$13.8M$12.4M50xas long as short
edgeX GOOGLUSDC+0.0644%4h357.54+0.070%$209K$1.2M10xas long as short