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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0210%/8h= −23.0% APRnext payment $0.26 per $10,000 · paid last 24h −0.009%
Price spread now: Aftermath Perps against Deribit−0.034%52s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.400% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.161%−$16 on $10k
Price spread, last 3 days (all we have)−0.002%$0 · spread now −0.034%, 7d avg −0.009%
Together, before fees−0.163%−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aftermath Perps is 0.026% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.009%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit GOOGL_USDC-PERPETUAL356.480.0227pay 0.0028% / 1h26m 30s$23K$152K10x
ShortAftermath Perps GOOGLUSD356.360.0017get 0.0002% / 1h26m 30s$144K$54K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Deribit. 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
−$44.15
Price spread: −0.034% → −0.009%
−$2.56
Slippage, 4 orders
−$24.05
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$86.76
Costs to cover
0.400%
Break-even
never at this rate
Slippage from Deribit: live order book, 52 min ago; Aftermath Perps: live order book, 53 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 Deribit live order book, 52 min ago0.14 bp3.6 bp −$45.0 bp −$50doesn't fitdoesn't fit
Sell Aftermath Perps live order book, 53 min ago3.39 bp7.9 bp −$816.1 bp −$161doesn'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
Hotstuff GOOGL-PERP0.0000%1h356.31−0.048%$33K20xas long as short
Gate GOOGL_USDT0.0000%8h356.47−0.003%$3.6M$7.5M100xas long as short
SunX GOOGL-USDT0.0000%8h356.59+0.031%$2K$4.2M20xas long as short
HTX GOOGL-USDT0.0000%8h356.69+0.059%$114K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.66+0.050%$2.7M$66K10xas long as short
Coinbase International GOOGL-PERP-INTX+0.0008%1h356.40−0.022%$530K$1.1M10xas long as short
Aftermath Perps GOOGLUSDshort+0.0017%1h356.36−0.034%$144K$54K10x
Lighter RH GOOGL+0.0032%1h356.58+0.028%$1.4M$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.180%$128K$45K30xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.47−0.003%$5K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT GOOGL_USDT_Perp+0.0049%8h356.52+0.011%$23K$473K10xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.31−0.048%$683K$437K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.30−0.050%$185$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.10−0.107%$2.3M$4.9M15xas long as short
tradeXYZ xyz:GOOGL+0.0055%1h356.29−0.053%$98.8M$25.2M20xas long as short
Variational Omni GOOGL+0.0060%8h356.54+0.018%$4.7M$2.6Mas long as short
QFEX GOOGL-USD+0.0060%1h356.52+0.011%$1.3M$4.9M10xas long as short
Paradex GOOGL-USD-PERP+0.0091%8h356.480.000%$292$2535xas long as short
Pacifica GOOGL+0.0100%1h356.20−0.080%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.31−0.048%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.32−0.045%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.46−0.006%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.50+0.005%$25K10xas long as short
Aster GOOGLUSDT+0.0110%8h356.67+0.054%$363K$455K20xas long as short
Nado GOOGL-PERP+0.0115%1h356.24−0.067%$559K$82K20xas long as short
Bybit GOOGLUSDT+0.0115%8h356.68+0.056%$11.5M$7.8M100xas long as short
Bitget GOOGLUSDT+0.0126%8h356.62+0.039%$16.8M$9.3M100xas long as short
Extended GOOGL-USD+0.0128%1h356.56+0.022%$421K$1.6M20xas long as short
Binance GOOGLUSDT+0.0131%8h356.62+0.039%$73.1M$142.9M50xas long as short
Phoenix GOOGL+0.0157%1h356.29−0.053%$137K$48K20xas long as short
OKX GOOGL-USDT-SWAP+0.0167%8h356.66+0.050%$13.9M$12.9M50xas long as short
Deribit GOOGL_USDC-PERPETUALlong+0.0227%1h356.48long leg$23K$152K10x
Arcus GOOGL-USD+0.0250%1h356.34−0.039%$202K$271K10xas long as short
BloFin GOOGL-USDT+0.0251%8h356.65+0.048%$694K$236K20xas long as short
Lighter GOOGL+0.0288%1h356.57+0.025%$2.1M$1.1M20xas long as short
edgeX GOOGLUSDC+0.0842%4h356.480.000%$210K$1.2M10xas long as short