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−0.0010%/8h= −1.0% APRnext payment $0.01 per $10,000 · paid last 24h +0.001%
Price spread now: SoDEX against QFEX−0.036%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and SoDEX is 0.036% cheaper against QFEX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX GOOGL-USD357.600.0060pay 0.0007% / 1h2m 52s$1.2M$4.1M10x
ShortSoDEX GOOGL-USD357.470.0050get 0.0006% / 1h2m 52s$107$46K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$2
Price spread: −0.036% → 0.000%
−$3.64
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$23.63
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 4 min ago; SoDEX: 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 −$77.5 bp −$7511.2 bp −$1,120doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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-PERP−0.1600%1h357.43−0.048%$33K20xas long as short
Coinbase International GOOGL-PERP-INTX−0.0040%1h357.33−0.076%$530K$1.2M10xas long as short
Bybit GOOGLUSDT0.0000%8h357.66+0.017%$11.6M$7.8M100xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h357.72+0.034%$13.5M$13.7M50xas long as short
Gate GOOGL_USDT0.0000%8h357.61+0.003%$3.7M$6.9M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.75+0.042%$17.4M$9.9M100xas long as short
Variational Omni GOOGL0.0000%8h357.72+0.034%$5.0M$2.3Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.74+0.040%$12K$467K10xas long as short
SunX GOOGL-USDT0.0000%8h357.74+0.039%$2K$3.7M20xas long as short
HTX GOOGL-USDT0.0000%8h357.85+0.070%$115K$212K30xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex GOOGLUSDT0.0000%4h357.74+0.039%$2.7M$116K10xas long as short
Lighter RH GOOGL+0.0032%1h357.73+0.036%$1.4M$1.9M20xas long as short
Aftermath Perps GOOGLUSD+0.0032%1h357.53−0.020%$144K$42K10xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.134%$128K$45K30xas long as short
Aster GOOGLUSDT+0.0034%8h357.76+0.043%$367K$420K20xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.68+0.022%$5K25xas long as short
Extended GOOGL-USD+0.0048%1h357.63+0.009%$426K$2.6M20xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.47−0.036%$98.0M$21.6M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.600.000%$684K$440K10xas long as short
SoDEX GOOGL-USDshort+0.0050%1h357.47−0.036%$107$46K10x
Ondo Perps GOOGL-USD.P+0.0050%1h357.28−0.089%$2.3M$4.0M15xas long as short
Binance GOOGLUSDT+0.0051%8h357.73+0.035%$73.0M$145.9M50xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0058%1h357.53−0.020%$29K$151K10xas long as short
QFEX GOOGL-USDlong+0.0060%1h357.60long leg$1.2M$4.1M10x
Paradex GOOGL-USD-PERP+0.0060%8h357.58−0.006%$293$2535xas long as short
Nado GOOGL-PERP+0.0090%1h357.50−0.028%$553K$84K20xas long as short
Pacifica GOOGL+0.0100%1h357.38−0.062%$42K$20K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.29−0.087%$3.0M$306K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.50−0.028%$36K$17K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.600.000%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.56−0.011%$25K10xas long as short
Phoenix GOOGL+0.0134%1h357.46−0.039%$137K$36K20xas long as short
Lighter GOOGL+0.0168%1h357.71+0.031%$2.0M$2.2M20xas long as short
BloFin GOOGL-USDT+0.0171%8h357.79+0.053%$693K$231K20xas long as short
Arcus GOOGL-USD+0.0199%1h357.53−0.020%$212K$222K10xas long as short
edgeX GOOGLUSDC+0.0331%4h357.71+0.030%$208K$1.2M10xas long as short