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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0108%/8h= +11.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.007%
Price spread now: Hotstuff against QFEX−0.050%7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Hotstuff is 0.050% cheaper against QFEX than usual: you would sell low and buy high (spread −0.050% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX GOOGL-USD356.520.0060pay 0.0008% / 1h24m 19s$1.3M$4.9M10x
ShortHotstuff GOOGL-PERP356.340.0168get 0.0021% / 1h24m 19s$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff against QFEX. 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
$22.6
Price spread: −0.050% → 0.000%
−$5.05
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$2.55
Costs to cover
0.150%
Break-even
6.2 days
Slippage unknown: QFEX: live order book, 4 min ago; 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 QFEX live order book, 4 min ago1.54 bp6.5 bp −$76.9 bp −$6910.7 bp −$1,073doesn't fit
Sell Hotstuff no order-book sample
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 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
Gate GOOGL_USDT0.0000%8h356.46−0.017%$3.6M$7.5M100xas long as short
SunX GOOGL-USDT0.0000%8h356.59+0.020%$1K$4.2M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.28−0.067%$23K$152K10xas long as short
HTX GOOGL-USDT0.0000%8h356.64+0.034%$115K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.66+0.039%$2.7M$66K10xas long as short
Coinbase International GOOGL-PERP-INTX+0.0008%1h356.40−0.034%$530K$1.1M10xas long as short
Aftermath Perps GOOGLUSD+0.0017%1h356.35−0.047%$144K$54K10xas long as short
Lighter RH GOOGL+0.0032%1h356.60+0.022%$1.4M$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.168%$128K$45K30xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.520.000%$5K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT GOOGL_USDT_Perp+0.0048%8h356.60+0.022%$23K$472K10xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.34−0.050%$683K$437K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.33−0.053%$182$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.14−0.107%$2.3M$4.9M15xas long as short
tradeXYZ xyz:GOOGL+0.0052%1h356.34−0.050%$98.9M$25.1M20xas long as short
Variational Omni GOOGL+0.0060%8h356.59+0.021%$4.7M$2.6Mas long as short
QFEX GOOGL-USDlong+0.0060%1h356.52long leg$1.3M$4.9M10x
Paradex GOOGL-USD-PERP+0.0091%8h356.55+0.009%$292$2535xas long as short
Pacifica GOOGL+0.0100%1h356.28−0.067%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.32−0.056%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.32−0.056%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.46−0.017%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.51−0.004%$25K10xas long as short
Aster GOOGLUSDT+0.0110%8h356.73+0.058%$363K$455K20xas long as short
Nado GOOGL-PERP+0.0115%1h356.34−0.050%$559K$82K20xas long as short
Bybit GOOGLUSDT+0.0116%8h356.65+0.036%$11.5M$7.8M100xas long as short
Bitget GOOGLUSDT+0.0127%8h356.59+0.020%$16.8M$9.3M100xas long as short
Extended GOOGL-USD+0.0128%1h356.52−0.001%$421K$1.6M20xas long as short
Binance GOOGLUSDT+0.0131%8h356.59+0.020%$73.1M$142.9M50xas long as short
Phoenix GOOGL+0.0157%1h356.31−0.059%$137K$48K20xas long as short
Hotstuff GOOGL-PERPshort+0.0168%1h356.34−0.050%$33K20x
OKX GOOGL-USDT-SWAP+0.0170%8h356.65+0.036%$13.9M$12.9M50xas long as short
Arcus GOOGL-USD+0.0250%1h356.38−0.039%$202K$271K10xas long as short
BloFin GOOGL-USDT+0.0252%8h356.63+0.031%$694K$236K20xas long as short
Lighter GOOGL+0.0288%1h356.57+0.014%$2.1M$1.1M20xas long as short
edgeX GOOGLUSDC+0.0842%4h356.48−0.012%$210K$1.2M10xas long as short