Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0001%/8hpaid last 24h 0.000%

Price spread now: Binance against Extended0.000%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$180.181% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 1 day (all we have)+0.018%+$2 · spread now 0.000%, 7d avg +0.024%

Together, before fees+0.011%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.024% cheaper against Extended than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GOOGL-USD	356.47	0.0024	pay 0.0003% / 1h	22m 18s	$418K	$1.6M	20x
Short	Binance GOOGLUSDT	356.47	0.0025	get 0.0025% / 8h	4h 22m	$73.1M	$136.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee BinancebpOrdersPrice spread, now 0.000%Rate

Funding earned: $0.28
Price spread: 0.000% → +0.024%: −$2.41
Slippage, 4 orders: −$3.06
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$20.2
Costs to cover: 0.181%
Break-even: 517.1 days

Slippage from Extended: live order book, 1 min ago; Binance: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 1 min ago	0.14 bp	3.5 bp −$4	10.1 bp −$101	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.14 bp	5.2 bp −$5	6.7 bp −$67	20.5 bp −$2,046	doesn't fit

GOOGL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit GOOGLUSDT	0.0000%	8h	356.47	+0.001%	$11.3M	$7.1M	100x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.36	−0.030%	$3.6M	$7.2M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.68	+0.061%	$4.3M	$2.3M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.77	+0.086%	$23K	$521K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.46	−0.002%	$2K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.42	−0.013%	$23K	$149K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.61	+0.040%	$114K	$226K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.65	+0.052%	$2.7M	$59K	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0012%	8h	356.43	−0.010%	$13.8M	$12.5M	50x	as long as short
Aster GOOGLUSDT	+0.0013%	8h	356.33	−0.039%	$362K	$482K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GOOGL-USDlong	+0.0024%	1h	356.47	long leg	$418K	$1.6M	20x
Binance GOOGLUSDTshort	+0.0025%	8h	356.47	0.000%	$73.1M	$136.0M	50x
Lighter RH GOOGL	+0.0032%	1h	356.47	+0.001%	$1.4M	$2.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.183%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0035%	1h	356.43	−0.010%	$1.3M	$4.5M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.60	+0.038%	—	$3K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.30	−0.047%	$98.3M	$25.0M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.28	−0.052%	$690K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.29	−0.049%	$214	$43K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.31	−0.044%	$2.2M	$4.7M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0050%	8h	356.45	−0.004%	$292	$253	5x	as long as short
Nado GOOGL-PERP	+0.0056%	1h	356.30	−0.047%	$556K	$78K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0064%	1h	355.22	−0.350%	$518K	$1.0M	10x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.34	−0.035%	$137K	$48K	20x	as long as short
Bitget GOOGLUSDT	+0.0093%	8h	356.46	−0.002%	$17.1M	$8.6M	100x	as long as short
Aftermath Perps GOOGLUSD	+0.0095%	1h	356.37	−0.026%	$144K	$55K	10x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.47	+0.001%	$44K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.09	−0.105%	$3.0M	$68K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.62	+0.043%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.48	+0.004%	$11K	$9K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	356.56	+0.026%	$2.0M	$1.2M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.37	−0.028%	$25K	—	10x	as long as short
BloFin GOOGL-USDT	+0.0105%	8h	356.51	+0.012%	$700K	$221K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0176%	1h	356.39	−0.021%	$33K	—	20x	as long as short
Arcus GOOGL-USD	+0.0316%	1h	356.34	−0.035%	$202K	$302K	10x	as long as short
edgeX GOOGLUSDC	+0.0834%	4h	356.80	+0.093%	$208K	$1.1M	10x	as long as short