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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.022%
Price spread now: Phoenix against Coinbase International+0.062%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
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+0.139%+$14 on $10k
Price spread, last 3 days (all we have)−0.080%−$8 · spread now +0.062%, 7d avg +0.071%
Together, before fees+0.059%+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.071%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International GOOGL-PERP-INTX356.40−0.0024get 0.0003% / 1h36m 27s$529K$1.1M10x
ShortPhoenix GOOGL356.620.0090get 0.0011% / 1h36m 27s$137K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Coinbase International. 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
$23.9
Price spread: +0.062% → +0.071%
−$0.95
Slippage, 4 orders
−$14.1
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$8.16
Costs to cover
0.311%
Break-even
9.4 days
Slippage from Coinbase International: live order book, 2 min ago; Phoenix: live order book, 24 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 Coinbase International live order book, 2 min ago1.82 bp7.4 bp −$711.2 bp −$112doesn't fitdoesn't fit
Sell Phoenix live order book, 24 min ago2.53 bp8.4 bp −$817.3 bp −$173doesn'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-INTXlong−0.0024%1h356.40long leg$529K$1.1M10x
Hotstuff GOOGL-PERP0.0000%1h356.64+0.067%$33K20xas long as short
Gate GOOGL_USDT0.0000%8h356.68+0.079%$3.6M$7.5M100xas long as short
Bitget GOOGLUSDT0.0000%8h356.75+0.098%$16.9M$9.3M100xas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.73+0.092%$23K$436K10xas long as short
SunX GOOGL-USDT0.0000%8h356.73+0.093%$1K$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.49+0.025%$23K$153K10xas long as short
HTX GOOGL-USDT0.0000%8h356.83+0.121%$114K$227K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.72+0.090%$2.7M$67K10xas long as short
Nado GOOGL-PERP0.0000%1h356.59+0.054%$556K$80K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps GOOGLUSD+0.0008%1h356.47+0.019%$144K$51K10xas long as short
Variational Omni GOOGL+0.0022%8h356.66+0.073%$4.7M$2.4Mas long as short
Lighter RH GOOGL+0.0032%1h356.77+0.104%$1.4M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.202%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0039%1h356.66+0.073%$1.3M$4.5M10xas long as short
Arcus GOOGL-USD+0.0040%1h356.49+0.025%$202K$272K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.85+0.126%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.70+0.084%$98.6M$22.3M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.48+0.022%$683K$433K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.64+0.067%$158$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.47+0.020%$2.3M$4.9M15xas long as short
Lighter GOOGL+0.0056%1h356.75+0.098%$2.1M$1.2M20xas long as short
edgeX GOOGLUSDC+0.0061%4h356.68+0.077%$209K$1.2M10xas long as short
Paradex GOOGL-USD-PERP+0.0063%8h356.76+0.102%$293$2535xas long as short
Aster GOOGLUSDT+0.0072%8h356.63+0.065%$365K$458K20xas long as short
Phoenix GOOGLshort+0.0090%1h356.62+0.062%$137K$36K20x
Binance GOOGLUSDT+0.0093%8h356.78+0.107%$72.7M$141.5M50xas long as short
Extended GOOGL-USD+0.0096%1h356.67+0.077%$421K$1.8M20xas long as short
Pacifica GOOGL+0.0100%1h356.52+0.032%$42K$43K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.38−0.006%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.58+0.051%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.60+0.056%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.57+0.047%$25K10xas long as short
Bybit GOOGLUSDT+0.0122%8h356.94+0.152%$11.6M$7.4M100xas long as short
OKX GOOGL-USDT-SWAP+0.0182%8h356.86+0.129%$13.8M$12.8M50xas long as short
BloFin GOOGL-USDT+0.0215%8h356.47+0.020%$651K$234K20xas long as short