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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.4% APRnext payment +$0.67 per $10,000 · paid last 24h +0.062%
Price spread now: OKX against GRVT+0.059%91s7-day average +0.012% · you sell dearer than you buy
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−$290.286% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 3 days (all we have)+0.030%+$3 · spread now +0.059%, 7d avg +0.012%
Together, before fees+0.098%+ Points / potential airdropGRVT: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.046% dearer against GRVT than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.012%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT GOOGL_USDT_Perp356.650.0042pay 0.0042% / 8h1h 06m$23K$475K10x
ShortOKX GOOGL-USDT-SWAP356.860.0109get 0.0109% / 8h1h 06m$13.9M$12.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$14.14
Price spread: +0.059% → +0.012%
$4.64
Slippage, 4 orders
−$9.62
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$9.83
Costs to cover
0.286%
Break-even
11.9 days
Slippage from GRVT: live order book, 12 min ago; OKX: 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, 12 min ago1.96 bp9.6 bp −$1013.0 bp −$130doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.14 bp5.6 bp −$610.6 bp −$106doesn'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
Coinbase International GOOGL-PERP-INTX−0.0024%1h356.38−0.076%$530K$1.1M10xas long as short
Gate GOOGL_USDT0.0000%8h356.74+0.025%$3.6M$7.5M100xas long as short
SunX GOOGL-USDT0.0000%8h356.86+0.059%$1K$4.2M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.60−0.014%$22K$151K10xas long as short
HTX GOOGL-USDT0.0000%8h356.93+0.078%$115K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.88+0.064%$2.7M$64K10xas long as short
Hotstuff GOOGL-PERP+0.0008%1h356.57−0.023%$33K20xas long as short
Aftermath Perps GOOGLUSD+0.0013%1h356.35−0.086%$144K$54K10xas long as short
edgeX GOOGLUSDC+0.0014%4h356.650.000%$208K$1.2M10xas long as short
Variational Omni GOOGL+0.0032%8h356.66+0.002%$4.6M$2.5Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH GOOGL+0.0032%1h356.90+0.070%$1.4M$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.132%$128K$45K30xas long as short
GRVT GOOGL_USDT_Perplong+0.0042%8h356.65long leg$23K$475K10x
QFEX GOOGL-USD+0.0045%1h356.77+0.033%$1.3M$4.8M10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.78+0.036%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.62−0.009%$98.1M$24.6M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.62−0.009%$684K$437K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.61−0.011%$186$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.40−0.070%$2.3M$4.9M15xas long as short
Bybit GOOGLUSDT+0.0073%8h356.91+0.073%$11.5M$7.7M100xas long as short
Paradex GOOGL-USD-PERP+0.0092%8h356.84+0.053%$293$2535xas long as short
Bitget GOOGLUSDT+0.0096%8h356.89+0.067%$16.9M$9.2M100xas long as short
Aster GOOGLUSDT+0.0098%8h356.83+0.050%$362K$455K20xas long as short
Pacifica GOOGL+0.0100%1h356.79+0.039%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.46−0.053%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.45−0.056%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.76+0.031%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.76+0.030%$25K10xas long as short
OKX GOOGL-USDT-SWAPshort+0.0109%8h356.86+0.059%$13.9M$12.9M50x
Binance GOOGLUSDT+0.0118%8h356.87+0.061%$73.1M$142.2M50xas long as short
Extended GOOGL-USD+0.0120%1h356.80+0.043%$421K$1.6M20xas long as short
Nado GOOGL-PERP+0.0129%1h356.63−0.005%$560K$82K20xas long as short
Phoenix GOOGL+0.0135%1h356.64−0.003%$137K$48K20xas long as short
Arcus GOOGL-USD+0.0169%1h356.650.000%$202K$271K10xas long as short
BloFin GOOGL-USDT+0.0237%8h356.66+0.003%$689K$235K20xas long as short
Lighter GOOGL+0.0280%1h356.89+0.067%$2.0M$1.0M20xas long as short