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+0.0202%/8h= +22.2% APRnext payment +$2.02 per $10,000 · paid last 24h +0.089%
Price spread now: BloFin against SunX−0.006%55s7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1111.115% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.351%+$35 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.006%, 7d avg +0.002%
Together, before fees+0.357%+$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX GOOGL-USDT357.050get 0.0000% / 8h2h 29m$1K$4.1M20x
ShortBloFin GOOGL-USDT357.030.0202get 0.0202% / 8h2h 29m$693K$236K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$42.5
Price spread: −0.006% → +0.002%
−$0.77
Slippage, 4 orders
−$91.46
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$69.74
Costs to cover
1.115%
Break-even
18.5 days
Slippage from SunX: live order book, 9 min ago; BloFin: live order book, 62 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, 9 min ago44.67 bp49.1 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 62 min ago0.14 bp7.0 bp −$78.7 bp −$8717.9 bp −$1,788doesn't fit

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%8h356.91−0.039%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.050.000%$17.3M$9.9M100xas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.98−0.020%$23K$445K10xas long as short
SunX GOOGL-USDTlong0.0000%8h357.05long leg$1K$4.1M20x
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.76−0.081%$24K$156K10xas long as short
HTX GOOGL-USDT0.0000%8h357.19+0.039%$115K$215K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.06+0.003%$2.7M$87K10xas long as short
Nado GOOGL-PERP+0.0006%1h356.85−0.056%$557K$86K20xas long as short
Variational Omni GOOGL+0.0006%8h356.98−0.020%$4.7M$2.3Mas long as short
Coinbase International GOOGL-PERP-INTX+0.0016%1h356.57−0.134%$519K$1.1M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX GOOGL-USDT-SWAP+0.0021%8h356.94−0.031%$13.7M$12.8M50xas long as short
Aftermath Perps GOOGLUSD+0.0023%1h356.79−0.072%$144K$47K10xas long as short
Lighter RH GOOGL+0.0032%1h356.98−0.020%$1.3M$2.1M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.020%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h356.74−0.087%$207K$278K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.11+0.017%$5K25xas long as short
QFEX GOOGL-USD+0.0047%1h356.98−0.020%$1.2M$4.3M10xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.79−0.073%$98.1M$21.7M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.82−0.064%$684K$431K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.79−0.073%$155$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.59−0.129%$2.3M$4.9M15xas long as short
Aster GOOGLUSDT+0.0061%8h357.14+0.024%$365K$426K20xas long as short
Paradex GOOGL-USD-PERP+0.0062%8h356.98−0.021%$293$2535xas long as short
Extended GOOGL-USD+0.0080%1h356.90−0.041%$424K$1.2M20xas long as short
Binance GOOGLUSDT+0.0081%8h357.01−0.011%$72.0M$143.7M50xas long as short
Pacifica GOOGL+0.0100%1h356.84−0.059%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.88−0.048%$3.0M$106K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.83−0.062%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.85−0.056%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.90−0.043%$25K10xas long as short
Lighter GOOGL+0.0112%1h357.00−0.014%$2.0M$1.3M20xas long as short
Phoenix GOOGL+0.0134%1h356.84−0.059%$137K$36K20xas long as short
Hotstuff GOOGL-PERP+0.0152%1h356.74−0.087%$33K20xas long as short
BloFin GOOGL-USDTshort+0.0202%8h357.03−0.006%$693K$236K20x
Bybit GOOGLUSDT+0.0213%8h357.13+0.022%$12.0M$7.6M100xas long as short
edgeX GOOGLUSDC+0.0619%4h356.93−0.034%$208K$1.2M10xas long as short