Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%

Price spread now: Gate against GRVT−0.033%96s7-day average −0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$380.384% of the position

Long on GRVT Short on Gate

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)+0.176%+$18 · spread now −0.033%, 7d avg −0.008%

Together, before fees+0.186%+ Points / potential airdropGRVT: Active · farm board+$19 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.025% cheaper against GRVT than usual: you would sell low and buy high, −$3 on $10k if it 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT GOOGL_USDT_Perp	357.81	0	get 0.0000% / 8h	5h 33m	$23K	$439K	10x
Short	Gate GOOGL_USDT	357.69	0	get 0.0000% / 8h	5h 33m	$3.6M	$7.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee GRVTbpFee GatebpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → −0.008%: −$2.55
Slippage, 4 orders: −$14.41
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$40.95
Costs to cover: 0.384%
Break-even: never at this rate

Slippage from GRVT: live order book, 29 min ago; Gate: 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 GRVT live order book, 29 min ago	0.56 bp	7.6 bp −$8	12.2 bp −$122	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	1.40 bp	12.7 bp −$13	23.6 bp −$236	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	−0.0064%	1h	357.46	−0.098%	$524K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0061%	1h	357.68	−0.036%	$558K	$80K	20x	as long as short
Gate GOOGL_USDTshort	0.0000%	8h	357.69	−0.033%	$3.6M	$7.5M	100x
Variational Omni GOOGL	0.0000%	8h	357.75	−0.018%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perplong	0.0000%	8h	357.81	long leg	$23K	$439K	10x
SunX GOOGL-USDT	0.0000%	8h	357.83	+0.006%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.60	−0.058%	$23K	$154K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.89	+0.023%	$115K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.90	+0.025%	$2.7M	$76K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0003%	1h	357.55	−0.073%	$144K	$50K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit GOOGLUSDT	+0.0008%	8h	357.92	+0.031%	$11.8M	$7.5M	100x	as long as short
Aster GOOGLUSDT	+0.0023%	8h	357.76	−0.013%	$366K	$458K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0024%	1h	357.64	−0.047%	$33K	—	20x	as long as short
QFEX GOOGL-USD	+0.0028%	1h	357.68	−0.036%	$1.3M	$4.3M	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.84	+0.009%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.193%	$128K	$45K	30x	as long as short
Extended GOOGL-USD	+0.0040%	1h	357.74	−0.020%	$426K	$1.8M	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.53	−0.078%	$208K	$277K	10x	as long as short
Binance GOOGLUSDT	+0.0043%	8h	357.83	+0.006%	$72.9M	$141.2M	50x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.90	+0.025%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.64	−0.047%	$99.1M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.52	−0.081%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.64	−0.047%	$137	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.48	−0.092%	$2.2M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0053%	8h	357.82	+0.002%	$293	$253	5x	as long as short
Bitget GOOGLUSDT	+0.0075%	8h	357.86	+0.014%	$17.0M	$9.3M	100x	as long as short
Lighter GOOGL	+0.0096%	1h	357.86	+0.014%	$2.1M	$1.2M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.75	−0.017%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.49	−0.089%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.64	−0.047%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.70	−0.030%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.66	−0.043%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.70	−0.030%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0117%	8h	357.82	+0.003%	$13.8M	$12.4M	50x	as long as short
BloFin GOOGL-USDT	+0.0164%	8h	357.69	−0.033%	$696K	$234K	20x	as long as short
edgeX GOOGLUSDC	+0.0774%	4h	357.74	−0.019%	$209K	$1.2M	10x	as long as short