Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.007%

Price spread now: Binance against Extended+0.026%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$170.175% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 7 days+0.076%+$8 · spread now +0.026%, 7d avg +0.047%

Together, before fees+0.077%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.022% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GOOGL-USD	357.90	0.0040	pay 0.0005% / 1h	11m 05s	$426K	$1.8M	20x
Short	Binance GOOGLUSDT	357.99	0.0038	get 0.0038% / 8h	5h 11m	$72.9M	$141.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee BinancebpOrdersPrice spread, now +0.026%Rate

Funding earned: −$0.41
Price spread: +0.026% → +0.047%: −$2.19
Slippage, 4 orders: −$2.49
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$20.09
Costs to cover: 0.175%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; Binance: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 2 min ago	0.14 bp	3.5 bp −$4	11.4 bp −$114	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.14 bp	5.3 bp −$5	6.8 bp −$68	21.4 bp −$2,137	doesn't fit

GOOGL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff GOOGL-PERP	−0.0072%	1h	357.68	−0.061%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0064%	1h	357.46	−0.123%	$524K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0031%	1h	357.64	−0.072%	$558K	$80K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.84	−0.016%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.88	−0.006%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.85	−0.013%	$23K	$433K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.94	+0.012%	$2K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.99	+0.026%	$115K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.06	+0.045%	$2.7M	$80K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0005%	1h	357.61	−0.080%	$144K	$49K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GOOGLUSDT	+0.0018%	8h	357.76	−0.039%	$366K	$457K	20x	as long as short
QFEX GOOGL-USD	+0.0028%	1h	357.80	−0.028%	$1.3M	$4.3M	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.95	+0.014%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.218%	$128K	$45K	30x	as long as short
Binance GOOGLUSDTshort	+0.0038%	8h	357.99	+0.026%	$72.9M	$141.1M	50x
Extended GOOGL-USDlong	+0.0040%	1h	357.90	long leg	$426K	$1.8M	20x
Arcus GOOGL-USD	+0.0040%	1h	357.57	−0.092%	$208K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.89	−0.002%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.76	−0.039%	$99.1M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.62	−0.078%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.70	−0.055%	$155	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.57	−0.092%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0057%	8h	357.81	−0.025%	$293	$253	5x	as long as short
Bybit GOOGLUSDT	+0.0061%	8h	358.06	+0.045%	$11.8M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	+0.0062%	8h	357.97	+0.020%	$17.5M	$9.6M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.83	−0.019%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.50	−0.111%	$3.0M	$66K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.59	−0.086%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.79	−0.030%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.79	−0.031%	$25K	—	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0104%	8h	357.95	+0.014%	$13.8M	$12.4M	50x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.70	−0.055%	$138K	$36K	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0113%	1h	357.79	−0.030%	$24K	$154K	10x	as long as short
Lighter GOOGL	+0.0152%	1h	357.99	+0.026%	$2.1M	$1.2M	20x	as long as short
BloFin GOOGL-USDT	+0.0152%	8h	357.99	+0.026%	$700K	$234K	20x	as long as short
edgeX GOOGLUSDC	+0.0417%	4h	357.85	−0.014%	$209K	$1.2M	10x	as long as short