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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0081%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.013%
Price spread now: Ondo Perps against Deribit−0.025%7-day average −0.052% · 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 5 days (all we have)−0.078%−$8 on $10k
Price spread, last 4 days (all we have)−0.045%−$5 · spread now −0.025%, 7d avg −0.052%
Together, before fees−0.123%+ Points / potential airdropOndo Perps: Active · farm board−$12 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 Ondo Perps is 0.027% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.052%. Mind the row above: over the last 5 days funding on this pair cost −0.078%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit GOOGL_USDC-PERPETUAL356.68−0.0030get 0.0004% / 1h47m 12s$24K$156K10x
ShortOndo Perps GOOGL-USD.P356.590.0050get 0.0006% / 1h47m 12s$2.3M$4.9M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo 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
$16.94
Price spread: −0.025% → −0.052%
$2.71
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$7.65
Costs to cover
0.120%
Break-even
3.8 days
Slippage unknown: Deribit: live order book, 61 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 Deribit live order book, 61 min ago0.14 bp9.2 bp −$911.3 bp −$113doesn'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
Deribit GOOGL_USDC-PERPETUALlong−0.0030%1h356.68long leg$24K$156K10x
Coinbase International GOOGL-PERP-INTX−0.0024%1h356.60−0.022%$511K$1.1M10xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h356.97+0.081%$13.6M$12.9M50xas long as short
Gate GOOGL_USDT0.0000%8h356.90+0.062%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.06+0.107%$17.3M$9.8M100xas long as short
Variational Omni GOOGL0.0000%8h357.10+0.117%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.16+0.133%$24K$444K10xas long as short
SunX GOOGL-USDT0.0000%8h357.00+0.090%$2K$4.0M20xas long as short
HTX GOOGL-USDT0.0000%8h357.10+0.118%$115K$212K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.09+0.115%$2.7M$87K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado GOOGL-PERP+0.0013%1h356.82+0.038%$549K$90K20xas long as short
Aftermath Perps GOOGLUSD+0.0025%1h356.82+0.039%$144K$46K10xas long as short
Lighter RH GOOGL+0.0032%1h356.95+0.076%$1.4M$2.1M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.123%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0038%1h356.97+0.081%$1.2M$4.2M10xas long as short
Aster GOOGLUSDT+0.0038%8h357.15+0.133%$365K$424K20xas long as short
Hotstuff GOOGL-PERP+0.0040%1h356.81+0.036%$33K20xas long as short
Arcus GOOGL-USD+0.0040%1h356.77+0.025%$207K$278K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.10+0.118%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.80+0.034%$98.1M$21.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.80+0.034%$684K$430K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.80+0.034%$156$46K10xas long as short
Ondo Perps GOOGL-USD.Pshort+0.0050%1h356.59−0.025%$2.3M$4.9M15x
Paradex GOOGL-USD-PERP+0.0055%8h357.01+0.091%$293$2535xas long as short
Extended GOOGL-USD+0.0056%1h356.89+0.059%$422K$1.2M20xas long as short
Binance GOOGLUSDT+0.0059%8h356.98+0.085%$72.0M$143.7M50xas long as short
Phoenix GOOGL+0.0090%1h356.91+0.064%$137K$36K20xas long as short
Pacifica GOOGL+0.0100%1h356.87+0.054%$42K$39K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.60−0.022%$3.0M$103K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.89+0.059%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.88+0.056%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.84+0.045%$25K10xas long as short
Lighter GOOGL+0.0144%1h356.99+0.087%$2.0M$1.3M20xas long as short
Bybit GOOGLUSDT+0.0176%8h357.05+0.104%$11.9M$7.5M100xas long as short
BloFin GOOGL-USDT+0.0179%8h356.96+0.079%$690K$235K20xas long as short
edgeX GOOGLUSDC+0.0852%4h357.03+0.098%$208K$1.2M10xas long as short