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−0.0125%/8h= −13.6% APRnext payment $1.25 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against BloFin+0.003%72s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.311% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.233%−$23 on $10k
Price spread, last 3 days (all we have)−0.025%−$2 · spread now +0.003%, 7d avg +0.011%
Together, before fees−0.258%−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GOOGL-USDT356.630.0249pay 0.0249% / 8h13m 56s$692K$236K20x
ShortBybit GOOGLUSDT356.640.0124get 0.0124% / 8h13m 56s$11.5M$7.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
−$26.15
Price spread: +0.003% → +0.011%
−$0.82
Slippage, 4 orders
−$8.06
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$58.03
Costs to cover
0.311%
Break-even
never at this rate
Slippage from BloFin: live order book, 63 min ago; Bybit: live order book, 4 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 BloFin live order book, 63 min ago0.14 bp6.7 bp −$78.1 bp −$8115.9 bp −$1,590doesn't fit
Sell Bybit live order book, 4 min ago0.28 bp9.5 bp −$1014.8 bp −$148doesn'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
Gate GOOGL_USDT0.0000%8h356.44−0.053%$3.6M$7.5M100xas long as short
SunX GOOGL-USDT0.0000%8h356.57−0.017%$1K$4.2M20xas long as short
HTX GOOGL-USDT0.0000%8h356.69+0.017%$115K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.61−0.006%$2.7M$66K10xas long as short
Coinbase International GOOGL-PERP-INTX+0.0008%1h356.24−0.109%$530K$1.1M10xas long as short
Aftermath Perps GOOGLUSD+0.0018%1h356.38−0.069%$144K$53K10xas long as short
Lighter RH GOOGL+0.0032%1h356.57−0.017%$1.4M$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.137%$128K$45K30xas long as short
GRVT GOOGL_USDT_Perp+0.0043%8h356.58−0.015%$23K$472K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.48−0.042%$5K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOOGL+0.0050%1h356.28−0.098%$98.2M$25.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.30−0.093%$683K$437K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.29−0.095%$178$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.16−0.132%$2.3M$4.9M15xas long as short
Variational Omni GOOGL+0.0059%8h356.56−0.019%$4.7M$2.6Mas long as short
QFEX GOOGL-USD+0.0060%1h356.46−0.048%$1.3M$4.9M10xas long as short
Paradex GOOGL-USD-PERP+0.0086%8h356.48−0.042%$292$2535xas long as short
Pacifica GOOGL+0.0100%1h356.20−0.120%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.32−0.087%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.35−0.079%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.42−0.059%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.48−0.043%$25K10xas long as short
Aster GOOGLUSDT+0.0109%8h356.71+0.023%$363K$457K20xas long as short
Nado GOOGL-PERP+0.0111%1h356.26−0.104%$559K$81K20xas long as short
Bybit GOOGLUSDTshort+0.0124%8h356.64+0.003%$11.5M$7.8M100x
Extended GOOGL-USD+0.0128%1h356.53−0.027%$422K$1.6M20xas long as short
Hotstuff GOOGL-PERP+0.0128%1h356.29−0.095%$33K20xas long as short
Binance GOOGLUSDT+0.0129%8h356.60−0.009%$73.1M$143.0M50xas long as short
Bitget GOOGLUSDT+0.0131%8h356.57−0.017%$16.8M$9.3M100xas long as short
Phoenix GOOGL+0.0157%1h356.32−0.087%$137K$48K20xas long as short
OKX GOOGL-USDT-SWAP+0.0179%8h356.59−0.011%$13.8M$12.9M50xas long as short
edgeX GOOGLUSDC+0.0206%4h356.57−0.018%$210K$1.2M10xas long as short
BloFin GOOGL-USDTlong+0.0249%8h356.63long leg$692K$236K20x
Arcus GOOGL-USD+0.0250%1h356.32−0.087%$202K$271K10xas long as short
Lighter GOOGL+0.0264%1h356.53−0.028%$2.1M$1.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0368%1h356.43−0.056%$23K$152K10xas long as short