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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.1650%/8h= −180.7% APRnext payment $2.06 per $10,000 · paid last 24h +0.007%
Price spread now: Hotstuff against Ondo Perps−0.050%175s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Hotstuff: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$50 a day on $10k at the current rate, and Hotstuff is 0.050% cheaper against Ondo Perps than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 175 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps GOOGL-USD.P358.080.0050pay 0.0006% / 1h56m 18s$2.3M$3.9M15x
ShortHotstuff GOOGL-PERP357.90−0.1600pay 0.0200% / 1h56m 18s$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against Ondo Perps. 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
−$346.58
Price spread: −0.050% → 0.000%
−$5.03
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$361.61
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Hotstuff: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Hotstuff no order-book sample
Ondo Perps and Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

GOOGL on 36 exchanges

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-PERPshort−0.1600%1h357.90−0.050%$33K20x
Coinbase International GOOGL-PERP-INTX−0.0040%1h358.38+0.084%$530K$1.2M10xas long as short
Bybit GOOGLUSDT0.0000%8h358.48+0.112%$11.6M$7.7M100xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h358.54+0.128%$13.6M$13.6M50xas long as short
Gate GOOGL_USDT0.0000%8h358.38+0.084%$3.7M$6.8M100xas long as short
Bitget GOOGLUSDT0.0000%8h358.51+0.120%$17.4M$9.7M100xas long as short
SunX GOOGL-USDT0.0000%8h358.49+0.114%$2K$3.7M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h358.27+0.053%$29K$152K10xas long as short
HTX GOOGL-USDT0.0000%8h358.65+0.159%$115K$211K30xas long as short
Phemex GOOGLUSDT0.0000%4h358.79+0.198%$2.7M$114K10xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GOOGL+0.0011%8h359.14+0.296%$5.0M$2.3Mas long as short
Aftermath Perps GOOGLUSD+0.0027%1h358.61+0.149%$145K$42K10xas long as short
Lighter RH GOOGL+0.0032%1h358.38+0.084%$1.3M$1.7M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.268%$128K$45K30xas long as short
Vest GOOGL-USD-PERP+0.0046%1h358.57+0.137%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h358.27+0.053%$98.0M$21.8M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h358.35+0.075%$686K$413K10xas long as short
SoDEX GOOGL-USD+0.0050%1h358.45+0.103%$113$46K10xas long as short
Ondo Perps GOOGL-USD.Plong+0.0050%1h358.08long leg$2.3M$3.9M15x
QFEX GOOGL-USD+0.0060%1h358.46+0.106%$1.3M$4.1M10xas long as short
Paradex GOOGL-USD-PERP+0.0061%8h358.35+0.074%$294$2535xas long as short
Aster GOOGLUSDT+0.0065%8h358.44+0.101%$368K$420K20xas long as short
Nado GOOGL-PERP+0.0079%1h358.25+0.046%$552K$82K20xas long as short
Binance GOOGLUSDT+0.0085%8h358.51+0.119%$73.2M$144.5M50xas long as short
Extended GOOGL-USD+0.0088%1h358.39+0.086%$426K$2.4M20xas long as short
Pacifica GOOGL+0.0100%1h358.12+0.012%$42K$20K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h358.32+0.067%$3.0M$242K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h358.70+0.173%$27K$13K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h358.38+0.084%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h358.38+0.083%$25K10xas long as short
Lighter GOOGL+0.0120%1h358.40+0.089%$2.0M$2.1M20xas long as short
Phoenix GOOGL+0.0134%1h358.95+0.243%$138K$36K20xas long as short
GRVT GOOGL_USDT_Perp+0.0172%8h359.28+0.335%$24K$450K10xas long as short
Arcus GOOGL-USD+0.0199%1h358.30+0.061%$211K$245K10xas long as short
BloFin GOOGL-USDT+0.0205%8h358.74+0.184%$690K$242K20xas long as short
edgeX GOOGLUSDC+0.0388%4h359.09+0.283%$210K$1.2M10xas long as short