Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.016%

Price spread now: Bitget against Extended+0.043%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$230.227% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 7 days+0.070%+$7 · spread now +0.043%, 7d avg +0.047%

Together, before fees+0.050%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GOOGL-USD	357.33	0.0088	pay 0.0011% / 1h	54m 29s	$424K	$1.2M	20x
Short	Bitget GOOGLUSDT	357.48	0	get 0.0000% / 8h	2h 54m	$17.5M	$9.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.043%Rate

Funding earned: −$18.48
Price spread: +0.043% → +0.047%: −$0.47
Slippage, 4 orders: −$5.68
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$41.63
Costs to cover: 0.227%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago	0.14 bp	3.5 bp −$4	10.7 bp −$107	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	1.12 bp	7.7 bp −$8	11.3 bp −$113	doesn't fit	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
Nado GOOGL-PERP	−0.0045%	1h	357.25	−0.020%	$557K	$86K	20x	as long as short
Hotstuff GOOGL-PERP	0.0000%	1h	357.26	−0.019%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.34	+0.003%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDTshort	0.0000%	8h	357.48	+0.043%	$17.5M	$9.7M	100x
SunX GOOGL-USDT	0.0000%	8h	357.47	+0.040%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.17	−0.044%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.60	+0.076%	$115K	$216K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.74	+0.115%	$2.7M	$87K	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0009%	8h	357.63	+0.085%	$23K	$442K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.19	−0.038%	$521K	$1.1M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GOOGL	+0.0017%	8h	357.50	+0.049%	$4.8M	$2.4M	—	as long as short
Aftermath Perps GOOGLUSD	+0.0021%	1h	357.43	+0.029%	$144K	$47K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.40	+0.020%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.058%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.30	−0.008%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.50	+0.048%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.35	+0.006%	$1.3M	$4.2M	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0050%	8h	357.42	+0.026%	$13.7M	$12.5M	50x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.24	−0.024%	$99.2M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.22	−0.030%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.31	−0.005%	$154	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.08	−0.069%	$2.3M	$4.9M	15x	as long as short
Lighter GOOGL	+0.0056%	1h	357.42	+0.026%	$2.0M	$1.3M	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0062%	8h	357.36	+0.010%	$293	$253	5x	as long as short
Aster GOOGLUSDT	+0.0071%	8h	357.53	+0.056%	$366K	$426K	20x	as long as short
Extended GOOGL-USDlong	+0.0088%	1h	357.33	long leg	$424K	$1.2M	20x
Binance GOOGLUSDT	+0.0091%	8h	357.42	+0.025%	$72.3M	$143.0M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.26	−0.020%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.28	−0.013%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.44	+0.031%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.36	+0.009%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.32	−0.003%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.46	+0.037%	$137K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0212%	8h	357.48	+0.043%	$695K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0224%	8h	357.48	+0.043%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0861%	4h	357.60	+0.077%	$208K	$1.2M	10x	as long as short