Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 279.75 | −0.7543 | get 0.0943% / 1h | 51m 01s | $182K | $195K | 15x | Long Reya | |
| SHORT | 280.59 | +0.0178 | get 0.0022% / 1h | 51m 01s | $1.1M | $2.2M | 10x | Short Deribit |
Price gap+0.300%
Funding gap+0.7721% /8h
Both sides work: funding pays +$232 a day on $10k, and the gap is 0.209% above its 7d average: +$21 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$108+0.7721% /8h now · paid +1.076% over the last 7D
Price+$21spread +0.300% now, avg +0.091% → +0.209% if it goes back
Costsno datano order book for Reya
Result, before costs+$128+1.28%+ Points / potential airdropReya: points · farm boardcosts unknown: no order book for Reya ·
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +1.076% in total, about +0.0513%/8h on average.
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.300%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hGOOGL on 43 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for Reya: its slippage is not counted.
- Note: Margin at max leverage$667 + $1,000Reya 15x, Deribit 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$231.64Long Reya: 24 payments, +$226.30; short Deribit: 24 payments, +$5.34.
- OK: Entry gap works for you+0.300% vs +0.091%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$182K vs $1.1M OIReya sets your exit cost. Check its book before closing.
- OK: Points on a legReya pointsVolume here counts toward the points program.
- Watch: KYCReya No · Deribit YesID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0513%/8h × 21 periods+$107.63
Price spread+0.300% → +0.091% (7d avg)+$20.85
Slippage, 4 ordersno data for Reya—
Fee Reya bp × 2 orders−$6.00
Fee Deribit bp × 2 orders−$7.00
Net, fees only · 7 days · $10k+$115.48
Costs to cover0.130%Break-evenfrom the start
Slippage: Reya: no order-book sample; Deribit: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGReya—————
SELL · SHORTDeribit0.546.0 bp−$68.0 bp−$80doesn’t fitdoesn’t fit
Closing costs about the same again.
Reya: no data.
GOOGL news
posts that mention GOOGL or Alphabet, from every exchange| 11-05 12:39 | Kalshi | Listing | new market KXGOOGLPERP ($GOOGL) seen by our collector |
| 11-03 16:14 | Arcus | Other | traders follow the prints. $AAPL and $GOOGL reported recently, and $AMD reports after the close today. the power of always-on markets. @arcus_xyz on X ↗ |
| 10-30 10:31 | Markets by Kinetiq | Other | BREAKING: Big Tech stocks are getting crushed, with Wall Street bracing for a brutal Friday. $INTC: -25% $GOOGL: -10% $AMZN: -7% Nasdaq futures are plunging more than 2.5%. @Markets_xyz on X ↗ |
| 10-29 14:30 | Kalshi | Other | JUST IN: Alphabet stock falls 13% and erases $500 billion in value after earnings miss @Kalshi on X ↗ |
| 10-29 13:32 | Vest Markets | Other | Trade $GOOGL post-earnings volatility with a Vest Capital funded account. Access up to $50k in trading capital at: @VestExchange on X ↗ |
| 10-29 13:32 | Vest Markets | Other | $GOOGL missed Q3 revenue and EPS estimates after yesterday's close, with free cash flow at -$9.07B. → Revenue: $127.6B vs. $127.91B expected, up 25% YoY → EPS: $2.12 vs. $3.01 expected, or $2.67 excluding a $0.55 equity securities loss → Google Cloud: $30.7B, up 103% YoY, beating estimates At the open, $GOOGL is down around 12%, with Search & other at $63.35B below the $64.9B expected, despite query growth at a five-year high. Quarterly capex more than doubled to $51.4B, with the 2026 plan held at $195B to $205B and 2027 spending guided significantly higher. @VestExchange on X ↗ |

Kalshi