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+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.017%
Price spread now: tradeXYZ against Arcus+0.022%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$370.374% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.077%−$8 on $10k
Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.022%, 7d avg −0.016%
Together, before fees−0.136%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and tradeXYZ is 0.038% dearer against Arcus than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.016%. Mind the row above: over the last 4 days funding on this pair cost −0.077%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus GOOGL-USD357.200.0040pay 0.0005% / 1h31m 02s$207K$279K10x
ShorttradeXYZ xyz:GOOGL357.280.0050get 0.0006% / 1h31m 02s$98.2M$21.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Arcus. 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
$2.04
Price spread: +0.022% → −0.016%
$3.8
Slippage, 4 orders
−$14.91
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$31.56
Costs to cover
0.374%
Break-even
115.2 days
Slippage from Arcus: live order book, 7 min ago; tradeXYZ: live order book, 9 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 Arcus live order book, 7 min ago1.68 bp8.6 bp −$916.2 bp −$162doesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago0.56 bp10.1 bp −$10doesn't fitdoesn't fitdoesn'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
Coinbase International GOOGL-PERP-INTX−0.0048%1h357.09−0.031%$512K$1.1M10xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h357.46+0.073%$13.6M$12.8M50xas long as short
Gate GOOGL_USDT0.0000%8h357.35+0.042%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.57+0.104%$17.3M$9.8M100xas long as short
Variational Omni GOOGL0.0000%8h357.35+0.041%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.40+0.056%$23K$449K10xas long as short
SunX GOOGL-USDT0.0000%8h357.49+0.081%$1K$4.0M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.24+0.011%$24K$157K10xas long as short
HTX GOOGL-USDT0.0000%8h357.64+0.123%$115K$210K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.50+0.084%$2.7M$88K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado GOOGL-PERP+0.0002%1h357.24+0.013%$549K$91K20xas long as short
Aster GOOGLUSDT+0.0012%8h357.42+0.062%$365K$424K20xas long as short
Aftermath Perps GOOGLUSD+0.0023%1h357.30+0.028%$144K$45K10xas long as short
Lighter RH GOOGL+0.0032%1h357.35+0.042%$1.4M$1.9M20xas long as short
Extended GOOGL-USD+0.0032%1h357.40+0.057%$427K$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.022%$128K$45K30xas long as short
Binance GOOGLUSDT+0.0033%8h357.50+0.084%$72.1M$143.4M50xas long as short
QFEX GOOGL-USD+0.0035%1h357.36+0.045%$1.3M$4.1M10xas long as short
Arcus GOOGL-USDlong+0.0040%1h357.20long leg$207K$279K10x
Vest GOOGL-USD-PERP+0.0046%1h357.55+0.098%$5K25xas long as short
tradeXYZ xyz:GOOGLshort+0.0050%1h357.28+0.022%$98.2M$21.4M20x
Polymarket Perps GOOG-USD+0.0050%1h357.25+0.014%$685K$430K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.28+0.022%$139$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.13−0.020%$2.3M$4.7M15xas long as short
Paradex GOOGL-USD-PERP+0.0051%8h357.35+0.042%$293$2535xas long as short
KuCoin GOOGLUSDTM+0.0061%8h356.98−0.062%$3.0M$102K20xas long as short
Bybit GOOGLUSDT+0.0100%8h357.48+0.078%$11.5M$7.9M100xas long as short
Pacifica GOOGL+0.0100%1h357.19−0.002%$42K$35K10xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.29+0.025%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.26+0.017%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.29+0.024%$25K10xas long as short
Hotstuff GOOGL-PERP+0.0112%1h357.27+0.020%$33K20xas long as short
Phoenix GOOGL+0.0112%1h357.26+0.017%$137K$36K20xas long as short
Lighter GOOGL+0.0128%1h357.41+0.059%$2.0M$1.4M20xas long as short
BloFin GOOGL-USDT+0.0134%8h357.45+0.070%$688K$236K20xas long as short
edgeX GOOGLUSDC+0.0708%4h357.40+0.057%$208K$1.2M10xas long as short