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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h +0.036%
Price spread now: OKX against Orderly+0.031%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. OKX is 0.031% dearer against Orderly than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_GOOGL_USDC356.760.0100pay 0.0100% / 8h1h 28m$10K$11K20x
ShortOKX GOOGL-USDT-SWAP356.870get 0.0000% / 8h1h 28m$13.6M$13.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Orderly. 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
Price spread: +0.031% → 0.000%
$3.08
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
−$33.92
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 5 min ago. 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 Orderly no order-book sample
Sell OKX live order book, 5 min ago0.14 bp5.3 bp −$512.7 bp −$127doesn't fitdoesn't fit
Orderly: 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 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%1h356.60−0.045%$511K$1.1M10xas long as short
OKX GOOGL-USDT-SWAPshort0.0000%8h356.87+0.031%$13.6M$13.0M50x
Gate GOOGL_USDT0.0000%8h356.83+0.020%$3.6M$7.5M100xas long as short
Bitget GOOGLUSDT0.0000%8h356.99+0.064%$17.3M$9.8M100xas long as short
Variational Omni GOOGL0.0000%8h356.79+0.009%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.82+0.016%$23K$447K10xas long as short
SunX GOOGL-USDT0.0000%8h356.96+0.056%$1K$4.0M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.71−0.014%$24K$156K10xas long as short
HTX GOOGL-USDT0.0000%8h357.03+0.076%$115K$211K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.90+0.039%$2.7M$87K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps GOOGLUSD+0.0021%1h356.54−0.060%$144K$46K10xas long as short
Aster GOOGLUSDT+0.0027%8h357.06+0.083%$365K$424K20xas long as short
Lighter RH GOOGL+0.0032%1h356.88+0.034%$1.3M$2.1M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.101%$128K$45K30xas long as short
Nado GOOGL-PERP+0.0035%1h356.74−0.007%$549K$92K20xas long as short
QFEX GOOGL-USD+0.0038%1h356.92+0.045%$1.2M$4.2M10xas long as short
Arcus GOOGL-USD+0.0040%1h356.58−0.050%$207K$278K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.05+0.081%$5K25xas long as short
Extended GOOGL-USD+0.0048%1h356.87+0.030%$423K$1.2M20xas long as short
Binance GOOGLUSDT+0.0048%8h356.95+0.054%$72.0M$143.9M50xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.78+0.006%$98.1M$21.4M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.75−0.003%$684K$430K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.74−0.006%$153$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.46−0.084%$2.3M$4.9M15xas long as short
Paradex GOOGL-USD-PERP+0.0053%8h356.93+0.048%$293$2535xas long as short
Hotstuff GOOGL-PERP+0.0080%1h356.77+0.003%$33K20xas long as short
Phoenix GOOGL+0.0090%1h356.69−0.020%$137K$36K20xas long as short
Pacifica GOOGL+0.0100%1h356.760.000%$42K$39K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.59−0.048%$3.0M$103K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.55−0.059%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDClong+0.0100%8h356.76long leg$10K$11K20x
Aevo GOOGL-PERP+0.0104%1h356.81+0.014%$25K10xas long as short
Lighter GOOGL+0.0136%1h356.92+0.045%$2.0M$1.3M20xas long as short
Bybit GOOGLUSDT+0.0157%8h356.96+0.056%$11.6M$7.9M100xas long as short
BloFin GOOGL-USDT+0.0169%8h356.96+0.056%$690K$236K20xas long as short
edgeX GOOGLUSDC+0.0655%4h356.77+0.004%$208K$1.2M10xas long as short