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+0.0189%/8h= +20.7% APRnext payment +$0.24 per $10,000 · paid last 24h +0.015%
Price spread now: Arcus against QFEX−0.042%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$250.251% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.092%+$9 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now −0.042%, 7d avg −0.055%
Together, before fees+0.092%+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX GOOGL-USD356.490.0060pay 0.0008% / 1h12m 46s$1.3M$4.9M10x
ShortArcus GOOGL-USD356.340.0250get 0.0031% / 1h12m 46s$202K$271K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against QFEX. 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
$39.72
Price spread: −0.042% → −0.055%
$1.27
Slippage, 4 orders
−$10.62
Fee QFEX: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
$15.87
Costs to cover
0.251%
Break-even
4.2 days
Slippage from QFEX: live order book, 6 min ago; Arcus: live order book, 66 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 QFEX live order book, 6 min ago1.68 bp6.7 bp −$76.7 bp −$6710.7 bp −$1,074doesn't fit
Sell Arcus live order book, 66 min ago2.25 bp5.9 bp −$66.2 bp −$6216.1 bp −$1,606doesn'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
Gate GOOGL_USDT0.0000%8h356.45−0.011%$3.6M$7.5M100xas long as short
SunX GOOGL-USDT0.0000%8h356.61+0.034%$1K$4.2M20xas long as short
HTX GOOGL-USDT0.0000%8h356.70+0.059%$115K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.61+0.034%$2.7M$66K10xas long as short
Coinbase International GOOGL-PERP-INTX+0.0008%1h356.24−0.070%$530K$1.1M10xas long as short
Aftermath Perps GOOGLUSD+0.0018%1h356.38−0.030%$144K$53K10xas long as short
Lighter RH GOOGL+0.0032%1h356.58+0.025%$1.4M$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.177%$128K$45K30xas long as short
GRVT GOOGL_USDT_Perp+0.0043%8h356.58+0.024%$23K$472K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.46−0.008%$5K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOOGL+0.0050%1h356.30−0.053%$98.2M$25.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.30−0.053%$683K$437K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.29−0.056%$180$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.16−0.093%$2.3M$4.9M15xas long as short
Variational Omni GOOGL+0.0059%8h356.56+0.021%$4.7M$2.6Mas long as short
QFEX GOOGL-USDlong+0.0060%1h356.49long leg$1.3M$4.9M10x
Paradex GOOGL-USD-PERP+0.0088%8h356.490.000%$292$2535xas long as short
Pacifica GOOGL+0.0100%1h356.20−0.082%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.29−0.056%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.34−0.042%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.44−0.014%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.49−0.001%$25K10xas long as short
Aster GOOGLUSDT+0.0109%8h356.74+0.071%$363K$457K20xas long as short
Nado GOOGL-PERP+0.0112%1h356.24−0.070%$559K$81K20xas long as short
Bybit GOOGLUSDT+0.0127%8h356.66+0.048%$11.5M$7.8M100xas long as short
Extended GOOGL-USD+0.0128%1h356.55+0.018%$422K$1.6M20xas long as short
Hotstuff GOOGL-PERP+0.0128%1h356.27−0.062%$33K20xas long as short
Binance GOOGLUSDT+0.0130%8h356.61+0.034%$73.1M$143.0M50xas long as short
Bitget GOOGLUSDT+0.0132%8h356.56+0.020%$16.8M$9.3M100xas long as short
Phoenix GOOGL+0.0157%1h356.29−0.056%$137K$48K20xas long as short
OKX GOOGL-USDT-SWAP+0.0180%8h356.60+0.031%$13.8M$12.9M50xas long as short
edgeX GOOGLUSDC+0.0208%4h356.53+0.010%$210K$1.2M10xas long as short
BloFin GOOGL-USDT+0.0249%8h356.57+0.022%$692K$236K20xas long as short
Arcus GOOGL-USDshort+0.0250%1h356.34−0.042%$202K$271K10x
Lighter GOOGL+0.0264%1h356.54+0.014%$2.1M$1.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0452%1h356.47−0.006%$23K$152K10xas long as short