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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.019%
Price spread now: Ondo Perps against Arcus−0.014%7-day average −0.036% · 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)−0.074%−$7 on $10k
Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.014%, 7d avg −0.036%
Together, before fees−0.126%+ Points / potential airdropOndo Perps: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Ondo Perps is 0.022% dearer against Arcus than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.036%. Mind the row above: over the last 4 days funding on this pair cost −0.074%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus GOOGL-USD357.430.0040pay 0.0005% / 1h46m 52s$207K$278K10x
ShortOndo Perps GOOGL-USD.P357.380.0050get 0.0006% / 1h46m 52s$2.3M$4.8M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Arcus. 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
$2.13
Price spread: −0.014% → −0.036%
$2.22
Slippage, 4 orders
no order book: not counted
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$5.15
Costs to cover
0.095%
Break-even
24.0 days
Slippage unknown: Arcus: live order book, 17 min ago; 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 Arcus live order book, 17 min ago2.66 bp9.1 bp −$916.4 bp −$164doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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
Deribit GOOGL_USDC-PERPETUAL−0.0617%1h357.24−0.053%$23K$154K10xas long as short
Nado GOOGL-PERP−0.0066%1h357.60+0.047%$558K$80K20xas long as short
Coinbase International GOOGL-PERP-INTX−0.0064%1h357.29−0.039%$523K$1.1M10xas long as short
Gate GOOGL_USDT0.0000%8h357.64+0.059%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h357.62+0.052%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.65+0.061%$23K$437K10xas long as short
SunX GOOGL-USDT0.0000%8h357.71+0.078%$1K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.88+0.126%$115K$223K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.75+0.090%$2.7M$75K10xas long as short
Aftermath Perps GOOGLUSD+0.0005%1h357.43−0.001%$144K$50K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit GOOGLUSDT+0.0022%8h357.80+0.104%$11.8M$7.5M100xas long as short
QFEX GOOGL-USD+0.0028%1h357.62+0.053%$1.3M$4.4M10xas long as short
Lighter RH GOOGL+0.0032%1h357.75+0.090%$1.3M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.087%$128K$45K30xas long as short
Aster GOOGLUSDT+0.0035%8h357.64+0.057%$366K$458K20xas long as short
Arcus GOOGL-USDlong+0.0040%1h357.43long leg$207K$278K10x
Vest GOOGL-USD-PERP+0.0046%1h357.84+0.115%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.54+0.031%$99.0M$22.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.40−0.008%$685K$431K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.54+0.031%$144$46K10xas long as short
Ondo Perps GOOGL-USD.Pshort+0.0050%1h357.38−0.014%$2.3M$4.8M15x
Paradex GOOGL-USD-PERP+0.0054%8h357.73+0.083%$293$2535xas long as short
Binance GOOGLUSDT+0.0055%8h357.73+0.084%$72.9M$141.5M50xas long as short
Extended GOOGL-USD+0.0056%1h357.63+0.056%$421K$1.8M20xas long as short
Bitget GOOGLUSDT+0.0056%8h357.74+0.087%$17.0M$9.3M100xas long as short
Hotstuff GOOGL-PERP+0.0072%1h357.54+0.031%$33K20xas long as short
Lighter GOOGL+0.0088%1h357.78+0.098%$2.1M$1.2M20xas long as short
Pacifica GOOGL+0.0100%1h357.48+0.014%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.34−0.025%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.57+0.039%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.56+0.036%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.56+0.037%$25K10xas long as short
Phoenix GOOGL+0.0112%1h357.54+0.031%$138K$36K20xas long as short
OKX GOOGL-USDT-SWAP+0.0133%8h357.72+0.081%$13.8M$12.4M50xas long as short
BloFin GOOGL-USDT+0.0175%8h357.69+0.073%$234K20xas long as short
edgeX GOOGLUSDC+0.0789%4h357.68+0.069%$209K$1.2M10xas long as short