Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0130%/8h= +14.2% APRpaid last 24h +0.012%

Price spread now: Bybit against Extended+0.066%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$240.237% of the position

Long on Extended Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days+0.032%+$3 · spread now +0.066%, 7d avg +0.053%

Together, before fees+0.040%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: +$4 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	357.73	0.0104	pay 0.0013% / 1h	28m 26s	$419K	$1.7M	20x
Short	Bybit GOOGLUSDT	357.97	0.0234	get 0.0234% / 8h	3h 28m	$12.0M	$7.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.066%Rate

Funding earned: $27.23
Price spread: +0.066% → +0.053%: $1.35
Slippage, 4 orders: −$7.7
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $4.88
Costs to cover: 0.237%
Break-even: 5.7 days

Slippage from Extended: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago	0.14 bp	3.5 bp −$4	11.8 bp −$118	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	0.42 bp	8.2 bp −$8	11.6 bp −$116	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
Hotstuff GOOGL-PERP	−0.0016%	1h	357.68	−0.015%	$33K	—	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	−0.0002%	1h	357.49	−0.068%	$24K	$155K	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.75	+0.005%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.71	−0.006%	$17.4M	$9.6M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.84	+0.030%	$2K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.96	+0.063%	$115K	$219K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.96	+0.063%	$2.7M	$85K	10x	as long as short
Nado GOOGL-PERP	+0.0002%	1h	357.63	−0.028%	$558K	$83K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.67	−0.018%	$522K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0022%	1h	357.66	−0.021%	$144K	$48K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GOOGL_USDT_Perp	+0.0025%	8h	357.89	+0.045%	$23K	$442K	10x	as long as short
Variational Omni GOOGL	+0.0026%	8h	357.87	+0.039%	$4.8M	$2.4M	—	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.85	+0.033%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.171%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.56	−0.048%	$208K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.86	+0.035%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.71	−0.006%	$99.2M	$20.6M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.56	−0.048%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.73	−0.001%	$141	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.54	−0.054%	$2.2M	$4.9M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.78	+0.013%	$1.3M	$4.2M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0064%	8h	357.76	+0.007%	$293	$253	5x	as long as short
Aster GOOGLUSDT	+0.0085%	8h	357.68	−0.016%	$366K	$426K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0088%	8h	357.85	+0.033%	$13.8M	$12.4M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.81	+0.022%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.36	−0.104%	$3.0M	$95K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.65	−0.023%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.64	−0.026%	$10K	$11K	20x	as long as short
Binance GOOGLUSDT	+0.0104%	8h	357.85	+0.032%	$72.3M	$142.0M	50x	as long as short
Extended GOOGL-USDlong	+0.0104%	1h	357.73	long leg	$419K	$1.7M	20x
Aevo GOOGL-PERP	+0.0104%	1h	357.67	−0.018%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.79	+0.016%	$138K	$36K	20x	as long as short
Lighter GOOGL	+0.0192%	1h	357.83	+0.027%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0224%	8h	357.96	+0.063%	$693K	$235K	20x	as long as short
Bybit GOOGLUSDTshort	+0.0234%	8h	357.97	+0.066%	$12.0M	$7.5M	100x
edgeX GOOGLUSDC	+0.0542%	4h	357.87	+0.038%	$209K	$1.2M	10x	as long as short