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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0839%/8h= −91.9% APRpaid last 24h −0.152%
Price spread now: Extended against edgeX−0.106%113s7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$230.229% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.035%−$4 on $10k
Price spread, last 7 days+0.048%+$5 · spread now −0.106%, 7d avg −0.006%
Together, before fees+0.013%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Extended is 0.100% cheaper against edgeX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.006%). Swap the legs. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.035% in total (about -1.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX GOOGLUSDC357.510.0863pay 0.0432% / 4h3h 29m$209K$1.2M10x
ShortExtended GOOGL-USD357.130.0024get 0.0003% / 1h29m 39s$424K$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against edgeX. 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
−$176.19
Price spread: −0.106% → −0.006%
−$10
Slippage, 4 orders
−$8.92
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$209.12
Costs to cover
0.229%
Break-even
never at this rate
Slippage from edgeX: live order book, 4 min ago; Extended: live order book, 4 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 edgeX live order book, 4 min ago3.22 bp8.0 bp −$811.2 bp −$112doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago0.14 bp3.5 bp −$410.1 bp −$101doesn'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
Coinbase International GOOGL-PERP-INTX−0.0080%1h357.11−0.111%$518K$1.1M10xas long as short
Aster GOOGLUSDT0.0000%8h357.42−0.025%$366K$423K20xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h357.21−0.083%$13.5M$12.9M50xas long as short
Gate GOOGL_USDT0.0000%8h357.07−0.122%$3.6M$7.1M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.31−0.055%$17.3M$9.6M100xas long as short
Variational Omni GOOGL0.0000%8h357.29−0.062%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.65+0.039%$23K$433K10xas long as short
SunX GOOGL-USDT0.0000%8h357.20−0.086%$2K$3.9M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.99−0.145%$24K$148K10xas long as short
HTX GOOGL-USDT0.0000%8h357.36−0.041%$115K$209K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex GOOGLUSDT0.0000%4h357.33−0.050%$2.7M$91K10xas long as short
Bybit GOOGLUSDT+0.0018%8h357.21−0.083%$11.5M$7.5M100xas long as short
Binance GOOGLUSDT+0.0020%8h357.22−0.082%$72.3M$141.8M50xas long as short
Extended GOOGL-USDshort+0.0024%1h357.13−0.106%$424K$2.5M20x
Aftermath Perps GOOGLUSD+0.0031%1h357.23−0.078%$144K$44K10xas long as short
Lighter RH GOOGL+0.0032%1h357.14−0.103%$1.4M$1.9M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.108%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0039%1h357.14−0.103%$1.3M$4.1M10xas long as short
Arcus GOOGL-USD+0.0040%1h356.98−0.148%$209K$280K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.31−0.055%$5K25xas long as short
Nado GOOGL-PERP+0.0046%1h357.02−0.137%$549K$88K20xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.00−0.142%$98.1M$21.3M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.95−0.156%$685K$415K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.99−0.145%$116$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.90−0.170%$2.3M$4.1M15xas long as short
Paradex GOOGL-USD-PERP+0.0057%8h357.10−0.113%$293$2535xas long as short
KuCoin GOOGLUSDTM+0.0060%8h357.05−0.128%$3.0M$149K20xas long as short
Hotstuff GOOGL-PERP+0.0064%1h357.01−0.139%$33K20xas long as short
BloFin GOOGL-USDT+0.0089%8h357.35−0.044%$686K$234K20xas long as short
Phoenix GOOGL+0.0090%1h357.55+0.012%$138K$36K20xas long as short
Pacifica GOOGL+0.0100%1h357.15−0.100%$42K$25K10xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.28−0.064%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.14−0.103%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.10−0.114%$25K10xas long as short
Lighter GOOGL+0.0200%1h357.18−0.092%$2.0M$1.3M20xas long as short
edgeX GOOGLUSDClong+0.0863%4h357.51long leg$209K$1.2M10x