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−0.0008%/8h= −0.8% APRnext payment $0.08 per $10,000 · paid last 24h −0.036%
Price spread now: KuCoin against OKX−0.131%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2682.676% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 7 days+0.072%+$7 · spread now −0.131%, 7d avg −0.069%
Together, before fees+0.045%+$4 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: KuCoin is 0.062% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.069%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX GOOGL-USDT-SWAP357.920.0108pay 0.0108% / 8h5h 01m$13.8M$12.4M50x
ShortKuCoin GOOGLUSDTM357.450.0100get 0.0100% / 8h5h 01m$3.0M$72K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$1.61
Price spread: −0.131% → −0.069%
−$6.25
Slippage, 4 orders
−$245.62
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$275.47
Costs to cover
2.676%
Break-even
never at this rate
Slippage from OKX: live order book, 2 min ago; KuCoin: live order book, 6 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 ago0.28 bp7.5 bp −$811.4 bp −$114doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago2.10 bp117.8 bp −$118doesn't fitdoesn'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
Hotstuff GOOGL-PERP−0.0088%1h357.71−0.059%$33K20xas long as short
Coinbase International GOOGL-PERP-INTX−0.0064%1h357.46−0.129%$524K$1.1M10xas long as short
Nado GOOGL-PERP−0.0009%1h357.64−0.079%$558K$80K20xas long as short
Gate GOOGL_USDT0.0000%8h357.83−0.025%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h357.92−0.001%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.920.000%$23K$436K10xas long as short
SunX GOOGL-USDT0.0000%8h357.97+0.014%$1K$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.65−0.075%$24K$155K10xas long as short
HTX GOOGL-USDT0.0000%8h357.98+0.017%$115K$222K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.98+0.017%$2.7M$81K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps GOOGLUSD+0.0006%1h357.62−0.083%$144K$50K10xas long as short
QFEX GOOGL-USD+0.0028%1h357.83−0.025%$1.3M$4.3M10xas long as short
Aster GOOGLUSDT+0.0029%8h357.68−0.068%$366K$457K20xas long as short
Lighter RH GOOGL+0.0032%1h357.94+0.006%$1.3M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.224%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.64−0.078%$208K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.89−0.008%$5K25xas long as short
Extended GOOGL-USD+0.0048%1h357.89−0.010%$426K$1.8M20xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.71−0.059%$99.1M$21.1M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.67−0.070%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.71−0.059%$152$46K10xas long as short
Binance GOOGLUSDT+0.0050%8h357.98+0.017%$73.1M$141.4M50xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.58−0.095%$2.3M$4.9M15xas long as short
Bitget GOOGLUSDT+0.0060%8h357.98+0.017%$17.5M$9.6M100xas long as short
Paradex GOOGL-USD-PERP+0.0077%8h357.84−0.023%$293$2535xas long as short
Pacifica GOOGL+0.0100%1h357.84−0.022%$42K$41K10xas long as short
KuCoin GOOGLUSDTMshort+0.0100%8h357.45−0.131%$3.0M$72K20x
ApeX Omni GOOGLUSDT+0.0100%1h357.60−0.089%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.64−0.078%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.80−0.032%$25K10xas long as short
OKX GOOGL-USDT-SWAPlong+0.0108%8h357.92long leg$13.8M$12.4M50x
Phoenix GOOGL+0.0112%1h357.78−0.039%$138K$36K20xas long as short
Bybit GOOGLUSDT+0.0115%8h358.06+0.039%$12.0M$7.6M100xas long as short
BloFin GOOGL-USDT+0.0168%8h357.94+0.006%$697K$234K20xas long as short
Lighter GOOGL+0.0176%1h357.97+0.014%$2.1M$1.2M20xas long as short
edgeX GOOGLUSDC+0.0510%4h357.91−0.002%$209K$1.2M10xas long as short