Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h −0.016%

Price spread now: Extended against Binance−0.029%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$180.184% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 7 days−0.062%−$6 · spread now −0.029%, 7d avg −0.045%

Together, before fees−0.058%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GOOGLUSDT	357.23	0.0030	pay 0.0030% / 8h	46m 03s	$72.0M	$143.4M	50x
Short	Extended GOOGL-USD	357.13	0.0032	get 0.0004% / 1h	46m 03s	$424K	$2.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee ExtendedbpOrdersPrice spread, now −0.029%Rate

Funding earned: $0.47
Price spread: −0.029% → −0.045%: $1.57
Slippage, 4 orders: −$3.38
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$16.34
Costs to cover: 0.184%
Break-even: 250.1 days

Slippage from Binance: live order book, 12 min ago; Extended: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 12 min ago	0.14 bp	5.4 bp −$5	7.1 bp −$71	21.4 bp −$2,140	doesn't fit
Sell Extended live order book, 3 min ago	0.14 bp	3.5 bp −$4	12.1 bp −$121	doesn't fit	doesn't fit

GOOGL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International GOOGL-PERP-INTX	−0.0048%	1h	356.60	−0.176%	$511K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0008%	1h	357.02	−0.059%	$33K	—	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.21	−0.006%	$13.6M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.10	−0.036%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.31	+0.022%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.10	−0.038%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.13	−0.027%	$23K	$450K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.21	−0.006%	$1K	$4.0M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.30	+0.020%	$115K	$210K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.28	+0.014%	$2.7M	$88K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado GOOGL-PERP	+0.0004%	1h	356.95	−0.078%	$549K	$91K	20x	as long as short
Aster GOOGLUSDT	+0.0008%	8h	357.29	+0.016%	$365K	$424K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0022%	1h	357.15	−0.022%	$144K	$45K	10x	as long as short
Binance GOOGLUSDTlong	+0.0030%	8h	357.23	long leg	$72.0M	$143.4M	50x
Lighter RH GOOGL	+0.0032%	1h	357.12	−0.031%	$1.3M	$1.9M	20x	as long as short
Extended GOOGL-USDshort	+0.0032%	1h	357.13	−0.029%	$424K	$2.3M	20x
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.031%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0035%	1h	357.14	−0.025%	$1.3M	$4.2M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.95	−0.078%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.23	0.000%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.02	−0.059%	$98.1M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.93	−0.084%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.01	−0.062%	$135	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.83	−0.112%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0051%	8h	357.10	−0.036%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0064%	8h	356.83	−0.112%	$3.0M	$101K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.91	−0.090%	$42K	$37K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.00	−0.064%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.03	−0.056%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.06	−0.048%	$25K	—	10x	as long as short
Bybit GOOGLUSDT	+0.0108%	8h	357.27	+0.011%	$11.5M	$7.9M	100x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.11	−0.034%	$137K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0119%	8h	357.22	−0.003%	$690K	$236K	20x	as long as short
Lighter GOOGL	+0.0136%	1h	357.17	−0.017%	$2.0M	$1.3M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0142%	1h	357.07	−0.045%	$24K	$157K	10x	as long as short
edgeX GOOGLUSDC	+0.0249%	4h	357.08	−0.042%	$208K	$1.2M	10x	as long as short