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+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.009%
Price spread now: tradeXYZ against Deribit+0.006%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$360.364% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.089%−$9 on $10k
Price spread, last 3 days (all we have)−0.077%−$8 · spread now +0.006%, 7d avg −0.037%
Together, before fees−0.166%+ Points / potential airdroptradeXYZ: Active · farm board−$17 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 tradeXYZ is 0.043% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.037%. Mind the row above: over the last 5 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit GOOGL_USDC-PERPETUAL356.060get 0.0000% / 1h21m 49s$23K$153K10x
ShorttradeXYZ xyz:GOOGL356.080.0050get 0.0006% / 1h21m 49s$98.2M$22.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.5
Price spread: +0.006% → −0.037%
$4.3
Slippage, 4 orders
−$11.36
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$21.56
Costs to cover
0.364%
Break-even
21.4 days
Slippage from Deribit: live order book, 52 min ago; tradeXYZ: live order book, 8 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 bp12.8 bp −$1316.3 bp −$163doesn't fitdoesn't fit
Sell tradeXYZ live order book, 8 min ago0.14 bp9.8 bp −$10doesn't fitdoesn'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-PERP−0.0016%1h356.10+0.011%$33K20xas long as short
Gate GOOGL_USDT0.0000%8h356.21+0.042%$3.6M$7.5M100xas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.53+0.132%$23K$452K10xas long as short
SunX GOOGL-USDT0.0000%8h356.28+0.062%$1K$4.2M20xas long as short
Deribit GOOGL_USDC-PERPETUALlong0.0000%1h356.06long leg$23K$153K10x
HTX GOOGL-USDT0.0000%8h356.35+0.081%$114K$226K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.45+0.110%$2.7M$66K10xas long as short
Aftermath Perps GOOGLUSD+0.0014%1h356.13+0.021%$144K$52K10xas long as short
Lighter RH GOOGL+0.0032%1h356.26+0.056%$1.4M$2.3M20xas long as short
Coinbase International GOOGL-PERP-INTX+0.0032%1h355.85−0.059%$528K$1.1M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.298%$128K$45K30xas long as short
Lighter GOOGL+0.0040%1h356.19+0.037%$2.1M$1.1M20xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.28+0.062%$5K25xas long as short
Nado GOOGL-PERP+0.0046%1h356.05−0.004%$555K$80K20xas long as short
Variational Omni GOOGL+0.0049%8h356.48+0.117%$4.8M$2.3Mas long as short
tradeXYZ xyz:GOOGLshort+0.0050%1h356.08+0.006%$98.2M$22.2M20x
Polymarket Perps GOOG-USD+0.0050%1h356.060.000%$683K$441K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.10+0.011%$177$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.15+0.025%$2.2M$4.8M15xas long as short
QFEX GOOGL-USD+0.0064%1h356.19+0.037%$1.3M$4.7M10xas long as short
Bitget GOOGLUSDT+0.0072%8h356.42+0.101%$17.0M$9.2M100xas long as short
Paradex GOOGL-USD-PERP+0.0075%8h356.20+0.038%$292$2535xas long as short
Aster GOOGLUSDT+0.0090%8h356.37+0.088%$364K$458K20xas long as short
Bybit GOOGLUSDT+0.0096%8h356.35+0.081%$11.5M$7.7M100xas long as short
Pacifica GOOGL+0.0100%1h356.05−0.003%$42K$43K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h355.91−0.042%$3.0M$64K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.30+0.067%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.13+0.020%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.15+0.025%$25K10xas long as short
Binance GOOGLUSDT+0.0111%8h356.29+0.065%$72.8M$142.0M50xas long as short
Extended GOOGL-USD+0.0112%1h356.21+0.042%$421K$1.8M20xas long as short
Phoenix GOOGL+0.0157%1h356.41+0.098%$137K$48K20xas long as short
OKX GOOGL-USDT-SWAP+0.0190%8h356.37+0.087%$13.8M$12.7M50xas long as short
BloFin GOOGL-USDT+0.0233%8h356.31+0.070%$690K$234K20xas long as short
Arcus GOOGL-USD+0.0306%1h356.18+0.034%$202K$271K10xas long as short
edgeX GOOGLUSDC+0.0538%4h356.48+0.117%$209K$1.2M10xas long as short