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+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.010%
Price spread now: Coinbase International against Deribit−0.059%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$320.322% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.122%−$12 on $10k
Price spread, last 3 days (all we have)+0.032%+$3 · spread now −0.059%, 7d avg −0.086%
Together, before fees−0.090%−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.027% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.086%. Mind the row above: over the last 5 days funding on this pair cost −0.122%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit GOOGL_USDC-PERPETUAL356.060get 0.0000% / 1h21m 57s$23K$153K10x
ShortCoinbase International GOOGL-PERP-INTX355.850.0032get 0.0004% / 1h21m 57s$528K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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
$6.72
Price spread: −0.059% → −0.086%
$2.71
Slippage, 4 orders
−$15.17
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$22.74
Costs to cover
0.322%
Break-even
30.7 days
Slippage from Deribit: live order book, 51 min ago; Coinbase International: live order book, 1 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 Deribit live order book, 51 min ago0.14 bp12.8 bp −$1316.3 bp −$163doesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago2.39 bp7.5 bp −$79.7 bp −$97doesn'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
Hotstuff GOOGL-PERP−0.0016%1h356.10+0.011%$33K20xas long as short
Gate GOOGL_USDT0.0000%8h356.21+0.042%$3.6M$7.5M100xas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.53+0.132%$23K$452K10xas long as short
SunX GOOGL-USDT0.0000%8h356.28+0.062%$1K$4.2M20xas long as short
Deribit GOOGL_USDC-PERPETUALlong0.0000%1h356.06long leg$23K$153K10x
HTX GOOGL-USDT0.0000%8h356.35+0.081%$114K$226K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.45+0.110%$2.7M$66K10xas long as short
Aftermath Perps GOOGLUSD+0.0014%1h356.13+0.021%$144K$52K10xas long as short
Lighter RH GOOGL+0.0032%1h356.26+0.056%$1.4M$2.3M20xas long as short
Coinbase International GOOGL-PERP-INTXshort+0.0032%1h355.85−0.059%$528K$1.1M10x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.298%$128K$45K30xas long as short
Lighter GOOGL+0.0040%1h356.19+0.037%$2.1M$1.1M20xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.28+0.062%$5K25xas long as short
Nado GOOGL-PERP+0.0046%1h356.05−0.004%$555K$80K20xas long as short
Variational Omni GOOGL+0.0049%8h356.48+0.117%$4.8M$2.3Mas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.08+0.006%$98.2M$22.2M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.060.000%$683K$441K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.10+0.011%$177$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.15+0.025%$2.2M$4.8M15xas long as short
QFEX GOOGL-USD+0.0064%1h356.19+0.037%$1.3M$4.7M10xas long as short
Bitget GOOGLUSDT+0.0072%8h356.42+0.101%$17.0M$9.2M100xas long as short
Paradex GOOGL-USD-PERP+0.0075%8h356.20+0.038%$292$2535xas long as short
Aster GOOGLUSDT+0.0090%8h356.37+0.088%$364K$458K20xas long as short
Bybit GOOGLUSDT+0.0096%8h356.35+0.081%$11.5M$7.7M100xas long as short
Pacifica GOOGL+0.0100%1h356.05−0.003%$42K$43K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h355.91−0.042%$3.0M$64K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.30+0.067%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.13+0.020%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.15+0.025%$25K10xas long as short
Binance GOOGLUSDT+0.0111%8h356.29+0.065%$72.8M$142.0M50xas long as short
Extended GOOGL-USD+0.0112%1h356.21+0.042%$421K$1.8M20xas long as short
Phoenix GOOGL+0.0157%1h356.41+0.098%$137K$48K20xas long as short
OKX GOOGL-USDT-SWAP+0.0190%8h356.37+0.087%$13.8M$12.7M50xas long as short
BloFin GOOGL-USDT+0.0233%8h356.31+0.070%$690K$234K20xas long as short
Arcus GOOGL-USD+0.0306%1h356.18+0.034%$202K$271K10xas long as short
edgeX GOOGLUSDC+0.0538%4h356.48+0.117%$209K$1.2M10xas long as short