Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.041%

Price spread now: Gate against Extended−0.032%7-day average +0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$300.296% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 7 days+0.161%+$16 · spread now −0.032%, 7d avg +0.038%

Together, before fees+0.101%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.070% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.038%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GOOGL-USD	356.48	0.0088	pay 0.0011% / 1h	27m 26s	$422K	$1.6M	20x
Short	Gate GOOGL_USDT	356.37	0	get 0.0000% / 8h	1h 27m	$3.6M	$7.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.032%Rate

Funding earned: −$18.48
Price spread: −0.032% → +0.038%: −$6.97
Slippage, 4 orders: −$9.62
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$55.07
Costs to cover: 0.296%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; Gate: live order book, 1 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, 1 min ago	0.14 bp	3.5 bp −$4	10.5 bp −$105	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	0.14 bp	10.0 bp −$10	20.9 bp −$209	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
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.19	−0.083%	$530K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0016%	1h	356.31	−0.049%	$33K	—	20x	as long as short
Gate GOOGL_USDTshort	0.0000%	8h	356.37	−0.032%	$3.6M	$7.5M	100x
Variational Omni GOOGL	0.0000%	8h	356.38	−0.029%	$4.6M	$2.5M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.52	+0.010%	$1K	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.64	+0.044%	$114K	$224K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.55	+0.018%	$2.7M	$64K	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0012%	8h	356.44	−0.012%	$23K	$484K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0015%	1h	356.15	−0.094%	$144K	$54K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.54	+0.016%	$1.4M	$2.5M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.178%	$128K	$45K	30x	as long as short
Bybit GOOGLUSDT	+0.0043%	8h	356.56	+0.021%	$11.5M	$7.7M	100x	as long as short
QFEX GOOGL-USD	+0.0045%	1h	356.47	−0.004%	$1.3M	$4.8M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.47	−0.004%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.31	−0.049%	$98.1M	$25.1M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.30	−0.052%	$683K	$438K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.28	−0.057%	$187	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.15	−0.094%	$2.3M	$4.9M	15x	as long as short
Aster GOOGLUSDT	+0.0062%	8h	356.58	+0.027%	$362K	$455K	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0078%	8h	356.42	−0.019%	$292	$253	5x	as long as short
Bitget GOOGLUSDT	+0.0079%	8h	356.51	+0.007%	$16.9M	$9.3M	100x	as long as short
OKX GOOGL-USDT-SWAP	+0.0085%	8h	356.45	−0.010%	$13.8M	$12.8M	50x	as long as short
Extended GOOGL-USDlong	+0.0088%	1h	356.48	long leg	$422K	$1.6M	20x
Binance GOOGLUSDT	+0.0089%	8h	356.56	+0.020%	$73.0M	$142.2M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.37	−0.032%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.08	−0.113%	$3.0M	$68K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.08	−0.113%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.39	−0.027%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.37	−0.031%	$25K	—	10x	as long as short
Nado GOOGL-PERP	+0.0128%	1h	356.19	−0.082%	$558K	$82K	20x	as long as short
Phoenix GOOGL	+0.0135%	1h	356.37	−0.032%	$137K	$48K	20x	as long as short
Arcus GOOGL-USD	+0.0169%	1h	356.33	−0.043%	$202K	$271K	10x	as long as short
BloFin GOOGL-USDT	+0.0203%	8h	356.43	−0.015%	$688K	$235K	20x	as long as short
Lighter GOOGL	+0.0264%	1h	356.53	+0.013%	$2.0M	$1.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0312%	1h	356.36	−0.035%	$22K	$151K	10x	as long as short
edgeX GOOGLUSDC	+0.0803%	4h	356.45	−0.010%	$208K	$1.2M	10x	as long as short