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−0.0178%/8h= −19.5% APRnext payment $1.78 per $10,000 · paid last 24h −0.066%
Price spread now: Gate against OKX−0.039%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$390.390% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.061%−$6 on $10k
Price spread, last 7 days+0.077%+$8 · spread now −0.039%, 7d avg −0.014%
Together, before fees+0.016%+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.025% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GOOGL-USDT-SWAP356.580.0178pay 0.0178% / 8h6h 46m$13.8M$12.7M50x
ShortGate GOOGL_USDT356.440get 0.0000% / 8h6h 46m$3.6M$7.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$37.31
Price spread: −0.039% → −0.014%
−$2.54
Slippage, 4 orders
−$13.96
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$78.81
Costs to cover
0.390%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; Gate: 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 OKX live order book, 2 min ago0.14 bp6.3 bp −$610.0 bp −$100doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago1.40 bp15.0 bp −$1523.9 bp −$239doesn'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
Deribit GOOGL_USDC-PERPETUAL−0.0059%1h356.13−0.126%$23K$153K10xas long as short
Hotstuff GOOGL-PERP−0.0024%1h356.34−0.067%$33K20xas long as short
Coinbase International GOOGL-PERP-INTX−0.0024%1h356.00−0.163%$528K$1.1M10xas long as short
Gate GOOGL_USDTshort0.0000%8h356.44−0.039%$3.6M$7.5M100x
Bitget GOOGLUSDT0.0000%8h356.50−0.022%$16.9M$9.3M100xas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.45−0.037%$23K$443K10xas long as short
SunX GOOGL-USDT0.0000%8h356.47−0.031%$1K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h356.60+0.006%$114K$227K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.51−0.020%$2.7M$67K10xas long as short
Nado GOOGL-PERP+0.0009%1h356.34−0.067%$556K$80K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps GOOGLUSD+0.0010%1h356.17−0.116%$144K$51K10xas long as short
Variational Omni GOOGL+0.0020%8h356.44−0.039%$4.8M$2.3Mas long as short
Lighter RH GOOGL+0.0032%1h356.53−0.014%$1.4M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.151%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0039%1h356.38−0.056%$1.3M$4.6M10xas long as short
Lighter GOOGL+0.0040%1h356.47−0.031%$2.1M$1.1M20xas long as short
Arcus GOOGL-USD+0.0040%1h356.23−0.098%$202K$272K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.50−0.022%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.38−0.056%$98.2M$22.3M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.28−0.084%$683K$439K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.33−0.070%$161$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.17−0.115%$2.3M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0063%8h356.49−0.026%$292$2535xas long as short
Bybit GOOGLUSDT+0.0071%8h356.64+0.017%$11.6M$7.6M100xas long as short
Aster GOOGLUSDT+0.0074%8h356.60+0.005%$364K$458K20xas long as short
Phoenix GOOGL+0.0090%1h356.36−0.062%$137K$36K20xas long as short
Binance GOOGLUSDT+0.0096%8h356.50−0.022%$72.7M$142.0M50xas long as short
Extended GOOGL-USD+0.0096%1h356.41−0.048%$421K$1.8M20xas long as short
Pacifica GOOGL+0.0100%1h356.28−0.083%$42K$43K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.10−0.135%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.21−0.104%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.32−0.073%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.34−0.069%$25K10xas long as short
OKX GOOGL-USDT-SWAPlong+0.0178%8h356.58long leg$13.8M$12.7M50x
BloFin GOOGL-USDT+0.0215%8h356.47−0.031%$651K$234K20xas long as short
edgeX GOOGLUSDC+0.0669%4h356.41−0.048%$209K$1.2M10xas long as short