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+0.0099%/8h= +10.8% APRnext payment +$0.99 per $10,000 · paid last 24h +0.059%
Price spread now: BloFin against KuCoin+0.118%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2862.859% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.273%+$27 on $10k
Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.118%, 7d avg +0.082%
Together, before fees+0.345%+$35 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.036% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.082%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin GOOGLUSDTM357.320.0100pay 0.0100% / 8h4h 32m$3.0M$91K20x
ShortBloFin GOOGL-USDT357.740.0199get 0.0199% / 8h4h 32m$696K$234K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$20.71
Price spread: +0.118% → +0.082%
$3.6
Slippage, 4 orders
−$261.9
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$261.6
Costs to cover
2.859%
Break-even
95.4 days
Slippage from KuCoin: live order book, 5 min ago; BloFin: live order book, 4 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 KuCoin live order book, 5 min ago4.34 bp157.0 bp −$157doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago0.14 bp6.4 bp −$67.8 bp −$7816.1 bp −$1,607doesn'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-INTX−0.0048%1h357.54+0.062%$526K$1.1M10xas long as short
Gate GOOGL_USDT0.0000%8h357.63+0.087%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.76+0.123%$17.5M$9.6M100xas long as short
Variational Omni GOOGL0.0000%8h357.72+0.113%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.79+0.132%$23K$435K10xas long as short
SunX GOOGL-USDT0.0000%8h357.75+0.120%$1K$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.44+0.034%$24K$155K10xas long as short
HTX GOOGL-USDT0.0000%8h357.86+0.151%$115K$221K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.88+0.157%$2.7M$86K10xas long as short
Aftermath Perps GOOGLUSD+0.0014%1h357.62+0.084%$144K$49K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH GOOGL+0.0032%1h357.77+0.126%$1.3M$2.1M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.056%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.44+0.034%$207K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.72+0.112%$5K25xas long as short
QFEX GOOGL-USD+0.0050%1h357.66+0.095%$1.3M$4.2M10xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.51+0.053%$99.0M$20.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.48+0.045%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.51+0.053%$147$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.40+0.022%$2.3M$4.9M15xas long as short
Aster GOOGLUSDT+0.0060%8h357.88+0.158%$366K$457K20xas long as short
Binance GOOGLUSDT+0.0079%8h357.75+0.120%$73.1M$141.3M50xas long as short
Extended GOOGL-USD+0.0080%1h357.65+0.093%$426K$1.8M20xas long as short
Nado GOOGL-PERP+0.0090%1h357.48+0.045%$558K$80K20xas long as short
Pacifica GOOGL+0.0100%1h357.48+0.044%$42K$41K10xas long as short
KuCoin GOOGLUSDTMlong+0.0100%8h357.32long leg$3.0M$91K20x
ApeX Omni GOOGLUSDT+0.0100%1h357.47+0.042%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.47+0.042%$10K$10K20xas long as short
Paradex GOOGL-USD-PERP+0.0104%8h357.66+0.094%$293$2535xas long as short
Hotstuff GOOGL-PERP+0.0104%1h357.51+0.053%$33K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.60+0.080%$25K10xas long as short
Phoenix GOOGL+0.0112%1h357.51+0.053%$138K$36K20xas long as short
OKX GOOGL-USDT-SWAP+0.0112%8h357.68+0.101%$13.8M$12.4M50xas long as short
edgeX GOOGLUSDC+0.0179%4h357.72+0.113%$209K$1.2M10xas long as short
Bybit GOOGLUSDT+0.0189%8h357.81+0.137%$12.0M$7.6M100xas long as short
BloFin GOOGL-USDTshort+0.0199%8h357.74+0.118%$696K$234K20x
Lighter GOOGL+0.0288%1h357.78+0.129%$2.0M$1.3M20xas long as short