Settings8H · net · $10k
Funding arb · Price arb /

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.016%
Price spread now: GRVT against Gate+0.064%96s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.371% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.064%, 7d avg +0.008%
Together, before fees−0.177%+ Points / potential airdropGRVT: Active · farm board−$18 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 GRVT is 0.056% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.008%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GOOGL_USDT357.420get 0.0000% / 8h3h 51m$3.6M$7.3M100x
ShortGRVT GOOGL_USDT_Perp357.650.0025get 0.0025% / 8h3h 51m$23K$432K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
$5.25
Price spread: +0.064% → +0.008%
$5.63
Slippage, 4 orders
−$13.07
Fee Gate: 7.5 bp × 2 orders
−$15
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$26.19
Costs to cover
0.371%
Break-even
41.9 days
Slippage from Gate: live order book, 1 min ago; GRVT: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago1.40 bp10.8 bp −$1120.7 bp −$207doesn't fitdoesn't fit
Sell GRVT live order book, 1 min ago1.26 bp5.9 bp −$69.7 bp −$97doesn't fitdoesn't fit

GOOGL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GOOGL_USDTlong0.0000%8h357.42long leg$3.6M$7.3M100x
Bitget GOOGLUSDT0.0000%8h357.59+0.048%$17.4M$9.6M100xas long as short
SunX GOOGL-USDT0.0000%8h357.57+0.042%$497$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.69+0.076%$115K$220K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.65+0.064%$2.7M$86K10xas long as short
Coinbase International GOOGL-PERP-INTX+0.0016%1h357.36−0.017%$524K$1.1M10xas long as short
GRVT GOOGL_USDT_Perpshort+0.0025%8h357.65+0.064%$23K$432K10x
Variational Omni GOOGL+0.0025%8h357.62+0.057%$4.8M$2.3Mas long as short
Aftermath Perps GOOGLUSD+0.0030%1h357.69+0.075%$144K$48K10xas long as short
Lighter RH GOOGL+0.0032%1h357.56+0.039%$1.3M$2.1M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.084%$128K$45K30xas long as short
Hotstuff GOOGL-PERP+0.0040%1h357.30−0.034%$33K20xas long as short
Arcus GOOGL-USD+0.0040%1h357.30−0.034%$207K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.49+0.020%$5K25xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.32−0.028%$685K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.30−0.034%$141$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.27−0.042%$2.3M$4.8M15xas long as short
QFEX GOOGL-USD+0.0064%1h357.48+0.017%$1.3M$4.2M10xas long as short
Nado GOOGL-PERP+0.0085%1h357.21−0.058%$557K$80K20xas long as short
Aster GOOGLUSDT+0.0087%8h357.66+0.066%$366K$426K20xas long as short
Pacifica GOOGL+0.0100%1h357.53+0.032%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.16−0.073%$3.0M$91K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.38−0.011%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.23−0.053%$10K$10K20xas long as short
tradeXYZ xyz:GOOGL+0.0103%1h357.32−0.028%$99.1M$20.5M20xas long as short
Extended GOOGL-USD+0.0104%1h357.44+0.005%$423K$1.8M20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.40−0.007%$25K10xas long as short
Binance GOOGLUSDT+0.0107%8h357.55+0.037%$72.6M$141.2M50xas long as short
OKX GOOGL-USDT-SWAP+0.0116%8h357.55+0.036%$13.8M$12.4M50xas long as short
Paradex GOOGL-USD-PERP+0.0118%8h357.49+0.019%$293$2535xas long as short
Phoenix GOOGL+0.0179%1h357.38−0.011%$137K$36K20xas long as short
BloFin GOOGL-USDT+0.0226%8h357.68+0.073%$694K$234K20xas long as short
Bybit GOOGLUSDT+0.0244%8h357.64+0.062%$12.0M$7.5M100xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0254%1h357.34−0.022%$24K$155K10xas long as short
Lighter GOOGL+0.0344%1h357.56+0.039%$2.0M$1.3M20xas long as short
edgeX GOOGLUSDC+0.0713%4h357.58+0.044%$208K$1.2M10xas long as short