Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.066%

Price spread now: Gate against OKX−0.025%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$400.400% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.061%−$6 on $10k

Price spread, last 7 days+0.023%+$2 · spread now −0.025%, 7d avg −0.016%

Together, before fees−0.038%−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GOOGL-USDT-SWAP	357.48	0	get 0.0000% / 8h	34m 14s	$13.6M	$12.8M	50x
Short	Gate GOOGL_USDT	357.39	0	get 0.0000% / 8h	34m 14s	$3.6M	$7.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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 OKXbpFee GatebpOrdersPrice spread, now −0.025%Rate

Funding earned: $0
Price spread: −0.025% → −0.016%: −$0.9
Slippage, 4 orders: −$14.96
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$40.86
Costs to cover: 0.400%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; Gate: live order book, 4 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 OKX live order book, 4 min ago	0.14 bp	5.8 bp −$6	10.0 bp −$100	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.82 bp	14.6 bp −$15	33.8 bp −$338	doesn't fit	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
Coinbase International GOOGL-PERP-INTX	−0.0048%	1h	356.60	−0.246%	$511K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAPlong	0.0000%	8h	357.48	long leg	$13.6M	$12.8M	50x
Gate GOOGL_USDTshort	0.0000%	8h	357.39	−0.025%	$3.6M	$7.4M	100x
Bitget GOOGLUSDT	0.0000%	8h	357.59	+0.031%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.35	−0.038%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.42	−0.017%	$23K	$449K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.54	+0.017%	$2K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.30	−0.050%	$24K	$157K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.59	+0.031%	$115K	$210K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.51	+0.008%	$2.7M	$88K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado GOOGL-PERP	+0.0009%	1h	357.34	−0.038%	$550K	$91K	20x	as long as short
Aster GOOGLUSDT	+0.0014%	8h	357.52	+0.010%	$366K	$424K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0024%	1h	357.23	−0.069%	$144K	$45K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.40	−0.022%	$1.4M	$1.9M	20x	as long as short
Extended GOOGL-USD	+0.0032%	1h	357.44	−0.012%	$427K	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.101%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0035%	1h	357.39	−0.025%	$1.3M	$4.1M	10x	as long as short
Binance GOOGLUSDT	+0.0036%	8h	357.47	−0.003%	$72.1M	$143.4M	50x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.16	−0.090%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.57	+0.025%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.32	−0.045%	$98.2M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.24	−0.067%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.31	−0.048%	$139	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.03	−0.126%	$2.3M	$4.7M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0051%	8h	357.46	−0.007%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0063%	8h	357.02	−0.129%	$3.0M	$101K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.25	−0.066%	$42K	$35K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.13	−0.098%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.33	−0.042%	$10K	$11K	20x	as long as short
Bybit GOOGLUSDT	+0.0104%	8h	357.54	+0.017%	$11.5M	$7.9M	100x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.38	−0.028%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.08	−0.112%	$137K	$36K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0120%	1h	357.20	−0.078%	$33K	—	20x	as long as short
BloFin GOOGL-USDT	+0.0144%	8h	357.46	−0.006%	$687K	$236K	20x	as long as short
Lighter GOOGL	+0.0144%	1h	357.43	−0.014%	$2.0M	$1.4M	20x	as long as short
edgeX GOOGLUSDC	+0.0627%	4h	357.28	−0.055%	$208K	$1.2M	10x	as long as short