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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against Variational Omni−0.053%48s7-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 airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Orderly is 0.053% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 42 hours of funding at the current rate (+$3 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni GOOGL356.240get 0.0000% / 8h2h 11m$4.6M$2.6M
ShortOrderly PERP_GOOGL_USDC356.050.0100get 0.0100% / 8h2h 11m$10K$10K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Variational Omni. 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
$21
Price spread: −0.053% → 0.000%
−$5.3
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$9.7
Costs to cover
0.060%
Break-even
3.8 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Orderly: 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 Variational Omni RFQ quote, 3 min ago2.61 bpdoesn't fit13.8 bp −$138doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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
Coinbase International GOOGL-PERP-INTX−0.0032%1h355.79−0.126%$523K$1.1M10xas long as short
Aster GOOGLUSDT0.0000%8h355.88−0.100%$361K$455K20xas long as short
Bybit GOOGLUSDT0.0000%8h356.22−0.005%$11.5M$7.7M100xas long as short
Gate GOOGL_USDT0.0000%8h356.02−0.061%$3.6M$7.5M100xas long as short
Variational Omni GOOGLlong0.0000%8h356.24long leg$4.6M$2.6M
GRVT GOOGL_USDT_Perp0.0000%8h356.17−0.021%$23K$509K10xas long as short
SunX GOOGL-USDT0.0000%8h356.08−0.045%$1K$4.2M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h355.94−0.084%$22K$151K10xas long as short
HTX GOOGL-USDT0.0000%8h356.20−0.011%$114K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.20−0.011%$2.7M$64K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance GOOGLUSDT+0.0016%8h356.11−0.036%$72.8M$141.5M50xas long as short
Extended GOOGL-USD+0.0016%1h356.09−0.041%$422K$1.6M20xas long as short
Aftermath Perps GOOGLUSD+0.0017%1h355.98−0.074%$144K$55K10xas long as short
OKX GOOGL-USDT-SWAP+0.0032%8h356.15−0.025%$13.8M$12.9M50xas long as short
Lighter RH GOOGL+0.0032%1h356.22−0.005%$1.4M$2.6M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.247%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0043%1h356.05−0.053%$1.3M$4.7M10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.15−0.025%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h355.94−0.084%$97.9M$25.4M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.00−0.067%$682K$438K10xas long as short
SoDEX GOOGL-USD+0.0050%1h355.94−0.084%$187$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h355.73−0.143%$2.3M$4.9M15xas long as short
Bitget GOOGLUSDT+0.0051%8h356.10−0.039%$17.0M$9.2M100xas long as short
Hotstuff GOOGL-PERP+0.0056%1h355.94−0.084%$33K20xas long as short
BloFin GOOGL-USDT+0.0058%8h356.13−0.031%$689K$235K20xas long as short
Paradex GOOGL-USD-PERP+0.0067%8h356.11−0.037%$292$2535xas long as short
Arcus GOOGL-USD+0.0071%1h355.93−0.087%$202K$303K10xas long as short
Nado GOOGL-PERP+0.0085%1h355.89−0.098%$556K$81K20xas long as short
Pacifica GOOGL+0.0100%1h355.86−0.106%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h355.76−0.134%$3.0M$68K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h355.86−0.106%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDCshort+0.0100%8h356.05−0.053%$10K$10K20x
Aevo GOOGL-PERP+0.0104%1h355.99−0.069%$25K10xas long as short
Phoenix GOOGL+0.0112%1h356.05−0.053%$137K$48K20xas long as short
Lighter GOOGL+0.0192%1h356.21−0.008%$2.0M$1.0M20xas long as short
edgeX GOOGLUSDC+0.0416%4h356.18−0.017%$208K$1.2M10xas long as short