Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.040%

Price spread now: Extended against Gate+0.022%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$340.342% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 7 days−0.121%−$12 · spread now +0.022%, 7d avg −0.032%

Together, before fees−0.053%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.054% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GOOGL_USDT	356.68	0	get 0.0000% / 8h	1h 31m	$3.6M	$7.5M	100x
Short	Extended GOOGL-USD	356.76	0.0048	get 0.0006% / 1h	31m 16s	$423K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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 GatebpFee ExtendedbpOrdersPrice spread, now +0.022%Rate

Funding earned: $10.08
Price spread: +0.022% → −0.032%: $5.36
Slippage, 4 orders: −$14.17
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$18.73
Costs to cover: 0.342%
Break-even: 20.0 days

Slippage from Gate: live order book, 2 min ago; Extended: 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 Gate live order book, 2 min ago	1.82 bp	12.5 bp −$13	39.3 bp −$393	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.14 bp	3.5 bp −$4	14.9 bp −$149	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	356.60	−0.022%	$511K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	356.71	+0.008%	$13.6M	$13.0M	50x	as long as short
Gate GOOGL_USDTlong	0.0000%	8h	356.68	long leg	$3.6M	$7.5M	100x
Bitget GOOGLUSDT	0.0000%	8h	356.89	+0.059%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.61	−0.019%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.72	+0.012%	$23K	$447K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.76	+0.022%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.57	−0.031%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.91	+0.064%	$114K	$212K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.79	+0.031%	$2.7M	$87K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0022%	1h	356.57	−0.031%	$144K	$46K	10x	as long as short
Aster GOOGLUSDT	+0.0029%	8h	356.91	+0.063%	$365K	$424K	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.76	+0.022%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.123%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0038%	1h	356.77	+0.025%	$1.3M	$4.2M	10x	as long as short
Nado GOOGL-PERP	+0.0038%	1h	356.62	−0.018%	$548K	$92K	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.47	−0.059%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.88	+0.056%	—	$5K	25x	as long as short
Extended GOOGL-USDshort	+0.0048%	1h	356.76	+0.022%	$423K	$1.2M	20x
Hotstuff GOOGL-PERP	+0.0048%	1h	356.64	−0.011%	$33K	—	20x	as long as short
Binance GOOGLUSDT	+0.0050%	8h	356.84	+0.045%	$72.0M	$143.9M	50x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.65	−0.008%	$98.0M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.64	−0.011%	$684K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.63	−0.014%	$153	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.32	−0.101%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0053%	8h	356.77	+0.026%	$293	$253	5x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.50	−0.050%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.64	−0.011%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.59	−0.025%	$3.0M	$103K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.55	−0.036%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.64	−0.011%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.65	−0.008%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0136%	1h	356.80	+0.034%	$2.0M	$1.3M	20x	as long as short
Bybit GOOGLUSDT	+0.0162%	8h	356.83	+0.042%	$11.6M	$7.9M	100x	as long as short
BloFin GOOGL-USDT	+0.0170%	8h	356.86	+0.050%	$689K	$236K	20x	as long as short
edgeX GOOGLUSDC	+0.0937%	4h	356.66	−0.005%	$208K	$1.2M	10x	as long as short