Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 282.76 | +0.0210 | pay 0.0026% / 1h | 45m 23s | $1.1M | $2.2M | 10x | Long Deribit | |
| SHORT | 281.95 | −0.6909 | pay 0.0864% / 1h | 45m 23s | $184K | $212K | 15x | Short Reya |
Price gap−0.287%
Funding gap−0.7119% /8h
Both sides work against this direction now: funding costs $214 a day on $10k and the gap is 0.196% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$108−0.7119% /8h now · paid −1.076% over the last 7D
Price−$20spread −0.287% now, avg −0.091% → −0.196% if it goes back
Costsno datano order book for Reya
Result, before costs−$127−1.27%+ Points / potential airdropReya: points · farm boardcosts unknown: no order book for Reya ·
The current funding rate is far below what this pair has been paying: over the last 7 days it paid −1.076% in total, about −0.0513%/8h on average.
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.287%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hGOOGL on 43 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for Reya: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $667Deribit 10x, Reya 15x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$213.57Long Deribit: 24 payments, −$6.30; short Reya: 24 payments, −$207.27.
- Watch: Gap narrower than usual−0.287% vs −0.091%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$184K vs $1.1M OIReya sets your exit cost. Check its book before closing.
- OK: Points on a legReya pointsVolume here counts toward the points program.
- Watch: KYCDeribit Yes · Reya NoID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0513%/8h × 21 periods−$107.63
Price spread−0.287% → −0.091% (7d avg)−$19.61
Slippage, 4 ordersno data for Reya—
Fee Deribit bp × 2 orders−$7.00
Fee Reya bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$140.24
Costs to cover0.130%Break-evennever at this rate
Slippage: Deribit: live order book, 1 min ago; Reya: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGDeribit1.595.1 bp−$56.7 bp−$67doesn’t fitdoesn’t fit
SELL · SHORTReya—————
Closing costs about the same again.
Reya: no data.
GOOGL news
posts that mention GOOGL or Alphabet, from every exchange| 11-05 12:39 | Kalshi | Listing | new market KXGOOGLPERP ($GOOGL) seen by our collector |
| 11-03 16:14 | Arcus | Other | traders follow the prints. $AAPL and $GOOGL reported recently, and $AMD reports after the close today. the power of always-on markets. @arcus_xyz on X ↗ |
| 10-30 10:31 | Markets by Kinetiq | Other | BREAKING: Big Tech stocks are getting crushed, with Wall Street bracing for a brutal Friday. $INTC: -25% $GOOGL: -10% $AMZN: -7% Nasdaq futures are plunging more than 2.5%. @Markets_xyz on X ↗ |
| 10-29 14:30 | Kalshi | Other | JUST IN: Alphabet stock falls 13% and erases $500 billion in value after earnings miss @Kalshi on X ↗ |
| 10-29 13:32 | Vest Markets | Other | Trade $GOOGL post-earnings volatility with a Vest Capital funded account. Access up to $50k in trading capital at: @VestExchange on X ↗ |
| 10-29 13:32 | Vest Markets | Other | $GOOGL missed Q3 revenue and EPS estimates after yesterday's close, with free cash flow at -$9.07B. → Revenue: $127.6B vs. $127.91B expected, up 25% YoY → EPS: $2.12 vs. $3.01 expected, or $2.67 excluding a $0.55 equity securities loss → Google Cloud: $30.7B, up 103% YoY, beating estimates At the open, $GOOGL is down around 12%, with Search & other at $63.35B below the $64.9B expected, despite query growth at a five-year high. Quarterly capex more than doubled to $51.4B, with the 2026 plan held at $195B to $205B and 2027 spending guided significantly higher. @VestExchange on X ↗ |

Kalshi