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+0.0083%/8h= +9.0% APRnext payment +$0.83 per $10,000 · paid last 24h +0.053%
Price spread now: Binance against SunX+0.022%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1091.088% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.110%+$11 on $10k
Price spread, last 2 days (all we have)−0.033%−$3 · spread now +0.022%, 7d avg 0.000%
Together, before fees+0.077%+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.023% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of 0.000%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX GOOGL-USDT356.940get 0.0000% / 8h6h 22m$953$4.1M20x
ShortBinance GOOGLUSDT357.020.0083get 0.0083% / 8h6h 22m$72.8M$141.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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
$17.34
Price spread: +0.022% → 0.000%
$2.26
Slippage, 4 orders
−$90.81
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$89.21
Costs to cover
1.088%
Break-even
43.0 days
Slippage from SunX: live order book, 6 min ago; Binance: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago44.69 bp49.2 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago0.14 bp5.2 bp −$57.8 bp −$7823.2 bp −$2,321doesn't fit

GOOGL on 35 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
Deribit GOOGL_USDC-PERPETUAL−0.0058%1h356.76−0.050%$23K$154K10xas long as short
Coinbase International GOOGL-PERP-INTX−0.0024%1h356.57−0.104%$532K$1.1M10xas long as short
Nado GOOGL-PERP−0.0009%1h356.82−0.033%$557K$81K20xas long as short
Hotstuff GOOGL-PERP−0.0008%1h356.70−0.067%$33K20xas long as short
Gate GOOGL_USDT0.0000%8h356.85−0.025%$3.6M$7.5M100xas long as short
Bitget GOOGLUSDT0.0000%8h356.98+0.011%$16.9M$9.3M100xas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.86−0.022%$23K$437K10xas long as short
SunX GOOGL-USDTlong0.0000%8h356.94long leg$953$4.1M20x
HTX GOOGL-USDT0.0000%8h357.04+0.028%$115K$228K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.05+0.031%$2.7M$72K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni GOOGL+0.0008%8h356.78−0.046%$4.8M$2.4Mas long as short
Aftermath Perps GOOGLUSD+0.0008%1h356.63−0.086%$144K$51K10xas long as short
Lighter RH GOOGL+0.0032%1h357.03+0.025%$1.3M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.050%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0039%1h356.88−0.017%$1.3M$4.5M10xas long as short
Arcus GOOGL-USD+0.0040%1h356.66−0.078%$202K$272K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.05+0.031%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.86−0.022%$98.8M$22.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.74−0.056%$684K$434K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.83−0.031%$161$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.48−0.129%$2.3M$4.9M15xas long as short
Paradex GOOGL-USD-PERP+0.0059%8h356.95+0.002%$293$2535xas long as short
Aster GOOGLUSDT+0.0062%8h356.95+0.002%$365K$458K20xas long as short
Lighter GOOGL+0.0080%1h357.04+0.028%$2.1M$1.2M20xas long as short
Extended GOOGL-USD+0.0080%1h356.90−0.010%$421K$1.8M20xas long as short
Binance GOOGLUSDTshort+0.0083%8h357.02+0.022%$72.8M$141.5M50x
Phoenix GOOGL+0.0090%1h356.69−0.070%$137K$36K20xas long as short
Pacifica GOOGL+0.0100%1h356.86−0.022%$42K$43K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.59−0.098%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.65−0.081%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.88−0.017%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.86−0.023%$25K10xas long as short
Bybit GOOGLUSDT+0.0125%8h357.01+0.020%$11.6M$7.4M100xas long as short
OKX GOOGL-USDT-SWAP+0.0178%8h356.96+0.006%$13.8M$12.8M50xas long as short
edgeX GOOGLUSDC+0.0681%4h356.84−0.028%$208K$1.2M10xas long as short