Settings8H · net · $10k
Funding arb · Price arb /

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0164%/8h= −18.0% APRnext payment $1.64 per $10,000 · paid last 24h −0.065%
Price spread now: Gate against BloFin−0.048%78s7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.427% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.315%−$31 on $10k
Price spread, last 4 days (all we have)+0.009%+$1 · spread now −0.048%, 7d avg −0.023%
Together, before fees−0.306%−$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Gate is 0.025% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.023%). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GOOGL-USDT357.260.0164pay 0.0164% / 8h4h 43m$694K$231K20x
ShortGate GOOGL_USDT357.090get 0.0000% / 8h4h 43m$3.7M$6.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$34.54
Price spread: −0.048% → −0.023%
−$2.46
Slippage, 4 orders
−$15.66
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$79.66
Costs to cover
0.427%
Break-even
never at this rate
Slippage from BloFin: live order book, 61 min ago; Gate: live order book, 3 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, 61 min ago0.42 bp6.8 bp −$78.3 bp −$8316.5 bp −$1,646doesn't fit
Sell Gate live order book, 3 min ago1.40 bp16.3 bp −$1630.2 bp −$302doesn't fitdoesn't fit

GOOGL on 36 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOOGL-PERP−0.0072%1h357.34+0.022%$33K20xas long as short
Coinbase International GOOGL-PERP-INTX−0.0016%1h357.07−0.053%$529K$1.2M10xas long as short
Bybit GOOGLUSDT0.0000%8h357.22−0.011%$11.6M$7.7M100xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h357.17−0.025%$13.4M$13.9M50xas long as short
Gate GOOGL_USDTshort0.0000%8h357.09−0.048%$3.7M$6.3M100x
Bitget GOOGLUSDT0.0000%8h357.30+0.011%$17.4M$9.8M100xas long as short
Variational Omni GOOGL0.0000%8h357.05−0.058%$4.9M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.28+0.005%$12K$461K10xas long as short
SunX GOOGL-USDT0.0000%8h357.27+0.003%$2K$3.6M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.00−0.073%$29K$150K10xas long as short
Show all 36 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX GOOGL-USDT0.0000%8h357.36+0.028%$115K$211K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.27+0.003%$2.7M$116K10xas long as short
Aster GOOGLUSDT+0.0024%8h357.21−0.015%$367K$420K20xas long as short
Aftermath Perps GOOGLUSD+0.0032%1h357.10−0.046%$144K$41K10xas long as short
Lighter RH GOOGL+0.0032%1h357.25−0.003%$1.4M$1.9M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.039%$128K$45K30xas long as short
Extended GOOGL-USD+0.0040%1h357.14−0.033%$423K$2.9M20xas long as short
Binance GOOGLUSDT+0.0042%8h357.260.000%$72.9M$145.9M50xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.25−0.003%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.99−0.076%$97.9M$21.4M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.09−0.048%$719K$519K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.99−0.076%$104$46K10xas long as short
Nado GOOGL-PERP+0.0050%1h357.00−0.072%$549K$86K20xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.75−0.143%$2.3M$3.9M15xas long as short
Paradex GOOGL-USD-PERP+0.0057%8h357.09−0.047%$293$2535xas long as short
QFEX GOOGL-USD+0.0066%1h357.16−0.028%$1.3M$4.0M10xas long as short
Pacifica GOOGL+0.0100%1h357.11−0.041%$42K$17K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.88−0.106%$3.0M$325K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.03−0.064%$36K$17K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.06−0.056%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.00−0.072%$25K10xas long as short
Lighter GOOGL+0.0112%1h357.18−0.022%$2.0M$2.2M20xas long as short
BloFin GOOGL-USDTlong+0.0164%8h357.26long leg$694K$231K20x
Phoenix GOOGL+0.0179%1h357.02−0.067%$137K$60K20xas long as short
Arcus GOOGL-USD+0.0303%1h357.02−0.067%$212K$217K10xas long as short
edgeX GOOGLUSDC+0.0315%4h357.18−0.022%$208K$1.2M10xas long as short