Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0122%/8h= +13.4% APRpaid last 24h +0.043%

Price spread now: BloFin against Extended+0.026%74s7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs+$4as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$210.207% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.242%+$24 on $10k

Price spread, last 4 days (all we have)+0.247%+$25 · spread now +0.026%, 7d avg +0.032%

Together, before fees+0.489%+ Points / potential airdropExtended: Active · farm board+$49 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GOOGL-USD	357.89	0.0040	pay 0.0005% / 1h	5m 42s	$426K	$1.8M	20x
Short	BloFin GOOGL-USDT	357.98	0.0162	get 0.0162% / 8h	5h 05m	$696K	$234K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.026%Rate

Funding earned: $25.64
Price spread: +0.026% → +0.032%: −$0.58
Slippage, 4 orders: −$3.69
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: $4.38
Costs to cover: 0.207%
Break-even: 5.8 days

Slippage from Extended: live order book, 3 min ago; BloFin: live order book, 36 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, 3 min ago	0.14 bp	3.5 bp −$4	9.4 bp −$94	doesn't fit	doesn't fit
Sell BloFin live order book, 36 min ago	0.14 bp	6.1 bp −$6	7.3 bp −$73	14.3 bp −$1,431	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	−0.0080%	1h	357.69	−0.055%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0064%	1h	357.46	−0.119%	$524K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0018%	1h	357.63	−0.071%	$558K	$80K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.83	−0.016%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.92	+0.008%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.95	+0.018%	$23K	$435K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.97	+0.024%	$2K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.00	+0.032%	$115K	$222K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.04	+0.043%	$2.7M	$81K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0005%	1h	357.63	−0.072%	$144K	$50K	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	+0.0024%	8h	357.65	−0.066%	$366K	$457K	20x	as long as short
QFEX GOOGL-USD	+0.0028%	1h	357.89	+0.001%	$1.3M	$4.3M	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.92	+0.010%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.214%	$128K	$45K	30x	as long as short
Extended GOOGL-USDlong	+0.0040%	1h	357.89	long leg	$426K	$1.8M	20x
Arcus GOOGL-USD	+0.0040%	1h	357.65	−0.066%	$208K	$277K	10x	as long as short
Binance GOOGLUSDT	+0.0046%	8h	357.95	+0.018%	$73.1M	$141.3M	50x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.89	+0.001%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.71	−0.049%	$99.1M	$21.1M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.68	−0.057%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.71	−0.049%	$153	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.61	−0.077%	$2.3M	$4.9M	15x	as long as short
Bitget GOOGLUSDT	+0.0062%	8h	357.98	+0.026%	$17.5M	$9.6M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0071%	8h	357.86	−0.007%	$293	$253	5x	as long as short
Bybit GOOGLUSDT	+0.0095%	8h	358.10	+0.060%	$11.9M	$7.5M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.84	−0.013%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.48	−0.113%	$3.0M	$66K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.65	−0.066%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.83	−0.016%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.74	−0.040%	$25K	—	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0106%	8h	357.91	+0.007%	$13.8M	$12.4M	50x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.80	−0.024%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDTshort	+0.0162%	8h	357.98	+0.026%	$696K	$234K	20x
Lighter GOOGL	+0.0168%	1h	357.95	+0.018%	$2.1M	$1.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0393%	1h	357.81	−0.021%	$24K	$154K	10x	as long as short
edgeX GOOGLUSDC	+0.0686%	4h	357.92	+0.011%	$209K	$1.2M	10x	as long as short