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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0174%/8h= −19.0% APRnext payment $0.22 per $10,000 · paid last 24h −0.005%
Price spread now: Ondo Perps against Hotstuff−0.053%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Ondo Perps is 0.053% cheaper against Hotstuff than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff GOOGL-PERP357.360.0224pay 0.0028% / 1h40m 18s$33K20x
ShortOndo Perps GOOGL-USD.P357.170.0050get 0.0006% / 1h40m 18s$2.3M$4.9M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Hotstuff. 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
−$36.46
Price spread: −0.053% → 0.000%
−$5.32
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$51.77
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Hotstuff: no order-book sample; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Ondo Perps no order-book sample
Hotstuff and Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h357.43+0.020%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.57+0.059%$17.4M$9.6M100xas long as short
SunX GOOGL-USDT0.0000%8h357.56+0.056%$965$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.33−0.008%$24K$155K10xas long as short
HTX GOOGL-USDT0.0000%8h357.69+0.092%$115K$220K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.59+0.064%$2.7M$85K10xas long as short
Coinbase International GOOGL-PERP-INTX+0.0016%1h357.11−0.070%$522K$1.1M10xas long as short
Nado GOOGL-PERP+0.0018%1h357.43+0.019%$558K$80K20xas long as short
Aftermath Perps GOOGLUSD+0.0027%1h357.22−0.040%$144K$48K10xas long as short
Variational Omni GOOGL+0.0029%8h357.51+0.043%$4.8M$2.4Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH GOOGL+0.0032%1h357.54+0.050%$1.3M$2.1M20xas long as short
GRVT GOOGL_USDT_Perp+0.0032%8h357.44+0.022%$23K$436K10xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.067%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.21−0.042%$207K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.66+0.084%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.38+0.006%$99.1M$20.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.31−0.014%$685K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.39+0.008%$140$46K10xas long as short
Ondo Perps GOOGL-USD.Pshort+0.0050%1h357.17−0.053%$2.3M$4.9M15x
QFEX GOOGL-USD+0.0064%1h357.44+0.022%$1.3M$4.2M10xas long as short
Aster GOOGLUSDT+0.0089%8h357.75+0.110%$366K$426K20xas long as short
Pacifica GOOGL+0.0100%1h357.49+0.037%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.15−0.059%$3.0M$91K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.26−0.028%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.43+0.020%$10K$11K20xas long as short
OKX GOOGL-USDT-SWAP+0.0101%8h357.54+0.050%$13.8M$12.4M50xas long as short
Extended GOOGL-USD+0.0104%1h357.45+0.025%$419K$1.8M20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.40+0.012%$25K10xas long as short
Binance GOOGLUSDT+0.0108%8h357.55+0.052%$72.5M$141.6M50xas long as short
Paradex GOOGL-USD-PERP+0.0108%8h357.54+0.052%$293$2535xas long as short
Phoenix GOOGL+0.0179%1h357.33−0.008%$137K$36K20xas long as short
Lighter GOOGL+0.0224%1h357.54+0.050%$2.0M$1.3M20xas long as short
Hotstuff GOOGL-PERPlong+0.0224%1h357.36long leg$33K20x
BloFin GOOGL-USDT+0.0228%8h357.52+0.045%$693K$234K20xas long as short
Bybit GOOGLUSDT+0.0240%8h357.62+0.073%$12.0M$7.5M100xas long as short
edgeX GOOGLUSDC+0.0523%4h357.44+0.023%$208K$1.2M10xas long as short