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−0.0023%/8h= −2.5% APRnext payment $0.23 per $10,000 · paid last 24h +0.012%
Price spread now: Bitget against GRVT−0.017%93s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$280.277% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.057%+$6 on $10k
Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.017%, 7d avg +0.005%
Together, before fees+0.148%+ Points / potential airdropGRVT: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.022% cheaper against GRVT than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.005%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.057%, so the current rate has only just turned against you. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT GOOGL_USDT_Perp357.660.0023pay 0.0023% / 8h3h 01m$24K$442K10x
ShortBitget GOOGLUSDT357.600get 0.0000% / 8h3h 01m$17.5M$9.7M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. 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
−$4.83
Price spread: −0.017% → +0.005%
−$2.18
Slippage, 4 orders
−$6.74
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$34.75
Costs to cover
0.277%
Break-even
never at this rate
Slippage from GRVT: live order book, 51 min ago; Bitget: live order book, 2 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 GRVT live order book, 51 min ago1.26 bp6.1 bp −$69.5 bp −$95doesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago0.70 bp7.5 bp −$710.5 bp −$105doesn'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_USDT0.0000%8h357.48−0.050%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDTshort0.0000%8h357.60−0.017%$17.5M$9.7M100x
SunX GOOGL-USDT0.0000%8h357.59−0.020%$1K$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.38−0.078%$24K$156K10xas long as short
HTX GOOGL-USDT0.0000%8h357.70+0.011%$115K$216K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.68+0.006%$2.7M$87K10xas long as short
Nado GOOGL-PERP+0.0005%1h357.46−0.055%$558K$86K20xas long as short
Coinbase International GOOGL-PERP-INTX+0.0016%1h357.67+0.003%$522K$1.1M10xas long as short
Aftermath Perps GOOGLUSD+0.0022%1h357.52−0.039%$144K$47K10xas long as short
GRVT GOOGL_USDT_Perplong+0.0023%8h357.66long leg$24K$442K10x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GOOGL+0.0029%8h357.57−0.024%$4.8M$2.4Mas long as short
Lighter RH GOOGL+0.0032%1h357.56−0.028%$1.3M$2.1M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.151%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.35−0.087%$207K$279K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.72+0.017%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.41−0.070%$99.2M$20.7M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.39−0.075%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.40−0.073%$159$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.18−0.134%$2.3M$4.9M15xas long as short
OKX GOOGL-USDT-SWAP+0.0063%8h357.53−0.036%$13.7M$12.5M50xas long as short
QFEX GOOGL-USD+0.0064%1h357.52−0.039%$1.3M$4.2M10xas long as short
Paradex GOOGL-USD-PERP+0.0064%8h357.59−0.020%$293$2535xas long as short
Aster GOOGLUSDT+0.0080%8h357.53−0.036%$366K$426K20xas long as short
Extended GOOGL-USD+0.0096%1h357.49−0.049%$419K$1.2M20xas long as short
Binance GOOGLUSDT+0.0099%8h357.61−0.014%$72.3M$142.9M50xas long as short
Pacifica GOOGL+0.0100%1h357.43−0.064%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.50−0.045%$3.0M$106K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.44−0.062%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.44−0.062%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.47−0.054%$25K10xas long as short
edgeX GOOGLUSDC+0.0117%4h357.55−0.032%$208K$1.2M10xas long as short
Hotstuff GOOGL-PERP+0.0144%1h357.42−0.067%$33K20xas long as short
Phoenix GOOGL+0.0179%1h357.50−0.045%$138K$36K20xas long as short
Lighter GOOGL+0.0184%1h357.59−0.020%$2.0M$1.3M20xas long as short
BloFin GOOGL-USDT+0.0221%8h357.61−0.014%$693K$235K20xas long as short
Bybit GOOGLUSDT+0.0236%8h357.65−0.003%$12.0M$7.5M100xas long as short