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+0.0148%/8h= +16.2% APRnext payment +$1.48 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against Bybit+0.087%92s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.304% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.232%+$23 on $10k
Price spread, last 3 days (all we have)−0.076%−$8 · spread now +0.087%, 7d avg −0.011%
Together, before fees+0.157%+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.098% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.011%. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GOOGLUSDT356.390.0106pay 0.0106% / 8h7h 45m$11.5M$7.7M100x
ShortBloFin GOOGL-USDT356.700.0254get 0.0254% / 8h7h 45m$688K$235K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$31.02
Price spread: +0.087% → −0.011%
$9.76
Slippage, 4 orders
−$7.42
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
$10.36
Costs to cover
0.304%
Break-even
4.7 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 26 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 Bybit live order book, 3 min ago0.28 bp9.4 bp −$914.6 bp −$146doesn't fitdoesn't fit
Sell BloFin live order book, 26 min ago0.14 bp6.7 bp −$78.4 bp −$8414.6 bp −$1,461doesn'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%8h356.28−0.031%$3.6M$7.5M100xas long as short
SunX GOOGL-USDT0.0000%8h356.52+0.036%$2K$4.2M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.17−0.062%$23K$153K10xas long as short
HTX GOOGL-USDT0.0000%8h356.53+0.039%$114K$225K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.62+0.065%$2.7M$66K10xas long as short
Aftermath Perps GOOGLUSD+0.0017%1h356.44+0.013%$144K$53K10xas long as short
GRVT GOOGL_USDT_Perp+0.0026%8h356.69+0.084%$23K$471K10xas long as short
edgeX GOOGLUSDC+0.0028%4h356.60+0.059%$210K$1.2M10xas long as short
Lighter RH GOOGL+0.0032%1h356.37−0.006%$1.4M$2.3M20xas long as short
Coinbase International GOOGL-PERP-INTX+0.0032%1h356.34−0.014%$529K$1.1M10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.205%$128K$45K30xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.50+0.031%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.12−0.076%$98.1M$24.6M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.23−0.045%$683K$440K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.23−0.045%$173$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h355.97−0.118%$2.3M$4.8M15xas long as short
QFEX GOOGL-USD+0.0064%1h356.40+0.003%$1.3M$4.8M10xas long as short
Hotstuff GOOGL-PERP+0.0064%1h356.34−0.014%$33K20xas long as short
Variational Omni GOOGL+0.0068%8h356.40+0.003%$4.8M$2.7Mas long as short
Nado GOOGL-PERP+0.0075%1h356.37−0.005%$560K$81K20xas long as short
Paradex GOOGL-USD-PERP+0.0092%8h356.28−0.032%$292$2535xas long as short
Lighter GOOGL+0.0096%1h356.28−0.031%$2.1M$1.1M20xas long as short
Pacifica GOOGL+0.0100%1h356.30−0.026%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h355.94−0.126%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.46+0.020%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.26−0.036%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.34−0.015%$25K10xas long as short
Bybit GOOGLUSDTlong+0.0106%8h356.39long leg$11.5M$7.7M100x
Aster GOOGLUSDT+0.0113%8h356.58+0.054%$364K$457K20xas long as short
Binance GOOGLUSDT+0.0132%8h356.31−0.022%$73.1M$142.4M50xas long as short
Extended GOOGL-USD+0.0136%1h356.24−0.043%$421K$1.7M20xas long as short
Bitget GOOGLUSDT+0.0138%8h356.34−0.014%$16.9M$9.3M100xas long as short
Phoenix GOOGL+0.0157%1h356.33−0.017%$137K$48K20xas long as short
OKX GOOGL-USDT-SWAP+0.0198%8h356.34−0.014%$13.8M$12.8M50xas long as short
BloFin GOOGL-USDTshort+0.0254%8h356.70+0.087%$688K$235K20x
Arcus GOOGL-USD+0.0306%1h356.33−0.017%$202K$271K10xas long as short