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−0.0101%/8h= −11.1% APRnext payment $1.01 per $10,000 · paid last 24h −0.009%
Price spread now: Bybit against OKX+0.008%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$290.292% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 7 days+0.008%+$1 · spread now +0.008%, 7d avg +0.005%
Together, before fees+0.022%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GOOGL-USDT-SWAP357.420.0147pay 0.0147% / 8h5h 58m$13.8M$12.5M50x
ShortBybit GOOGLUSDT357.450.0045get 0.0045% / 8h5h 58m$11.6M$7.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against OKX. 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
−$21.25
Price spread: +0.008% → +0.005%
$0.36
Slippage, 4 orders
−$8.19
Fee OKX: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$50.08
Costs to cover
0.292%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: live order book, 4 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 OKX live order book, 4 min ago0.14 bp6.6 bp −$710.9 bp −$109doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago0.42 bp7.6 bp −$811.2 bp −$112doesn't fitdoesn't fit

GOOGL on 35 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
Deribit GOOGL_USDC-PERPETUAL−0.0198%1h357.11−0.087%$23K$154K10xas long as short
Coinbase International GOOGL-PERP-INTX−0.0064%1h357.00−0.118%$524K$1.1M10xas long as short
Nado GOOGL-PERP−0.0048%1h357.32−0.028%$557K$80K20xas long as short
Gate GOOGL_USDT0.0000%8h357.33−0.025%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h357.29−0.036%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.19−0.064%$23K$436K10xas long as short
SunX GOOGL-USDT0.0000%8h357.45+0.008%$1K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.61+0.053%$115K$223K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.53+0.031%$2.7M$74K10xas long as short
Aftermath Perps GOOGLUSD+0.0007%1h357.06−0.101%$144K$50K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget GOOGLUSDT+0.0023%8h357.47+0.014%$17.0M$9.3M100xas long as short
Lighter RH GOOGL+0.0032%1h357.49+0.020%$1.3M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.084%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0039%1h357.35−0.020%$1.3M$4.4M10xas long as short
Arcus GOOGL-USD+0.0040%1h357.08−0.095%$202K$272K10xas long as short
Aster GOOGLUSDT+0.0042%8h357.36−0.017%$365K$458K20xas long as short
Bybit GOOGLUSDTshort+0.0045%8h357.45+0.008%$11.6M$7.4M100x
Vest GOOGL-USD-PERP+0.0046%1h357.51+0.025%$5K25xas long as short
Hotstuff GOOGL-PERP+0.0048%1h357.27−0.042%$33K20xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.27−0.042%$99.0M$22.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.14−0.078%$685K$433K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.25−0.048%$147$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.89−0.148%$2.3M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0055%8h357.45+0.007%$293$2535xas long as short
Binance GOOGLUSDT+0.0063%8h357.46+0.010%$72.9M$141.5M50xas long as short
Extended GOOGL-USD+0.0064%1h357.38−0.012%$421K$1.8M20xas long as short
Lighter GOOGL+0.0080%1h357.50+0.022%$2.1M$1.2M20xas long as short
Phoenix GOOGL+0.0090%1h357.09−0.092%$137K$36K20xas long as short
Pacifica GOOGL+0.0100%1h357.20−0.062%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.02−0.112%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.25−0.048%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.29−0.036%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.26−0.044%$25K10xas long as short
OKX GOOGL-USDT-SWAPlong+0.0147%8h357.42long leg$13.8M$12.5M50x
edgeX GOOGLUSDC+0.0846%4h357.17−0.069%$208K$1.2M10xas long as short