Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0082%/8hpaid last 24h +0.111%

Price spread now: edgeX against Bitget+0.248%94s7-day average −0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$340.345% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.214%−$21 on $10k

Price spread, last 7 days−0.240%−$24 · spread now +0.248%, 7d avg −0.039%

Together, before fees−0.453%+ Points / potential airdropedgeX: Active · farm board−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.287% dearer against Bitget than usual: you sell high and buy low (spread +0.248% now, against its 7-day average of −0.039%): +$29 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GOOGLUSDT	355.33	0.0088	pay 0.0088% / 8h	4h 04m	$17.2M	$8.9M	100x
Short	edgeX GOOGLUSDC	356.21	0.0006	get 0.0003% / 4h	4m 05s	$208K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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 BitgetbpFee edgeXbpOrdersPrice spread, now +0.248%Rate

Funding earned: −$17.16
Price spread: +0.248% → −0.039%: $28.66
Slippage, 4 orders: −$13.49
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$22.99
Costs to cover: 0.345%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; edgeX: 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 Bitget live order book, 4 min ago	0.56 bp	9.6 bp −$10	12.6 bp −$126	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	3.37 bp	8.1 bp −$8	11.3 bp −$113	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
Hotstuff GOOGL-PERP	−0.0080%	1h	355.05	−0.079%	$33K	—	20x	as long as short
Aster GOOGLUSDT	0.0000%	8h	355.25	−0.023%	$361K	$486K	20x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	355.35	+0.006%	$11.3M	$7.2M	100x	as long as short
Gate GOOGL_USDT	0.0000%	8h	355.09	−0.068%	$3.6M	$7.3M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.05	+0.204%	$4.3M	$2.3M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.14	+0.228%	$23K	$527K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	355.18	−0.042%	$2K	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	355.35	+0.006%	$114K	$225K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	355.40	+0.020%	$2.7M	$62K	10x	as long as short
edgeX GOOGLUSDCshort	+0.0006%	4h	356.21	+0.248%	$208K	$1.2M	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX GOOGL-USDT-SWAP	+0.0007%	8h	355.40	+0.020%	$13.8M	$12.6M	50x	as long as short
Binance GOOGLUSDT	+0.0015%	8h	355.33	0.000%	$72.6M	$138.8M	50x	as long as short
Extended GOOGL-USD	+0.0016%	1h	355.14	−0.052%	$418K	$1.6M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0032%	1h	354.96	−0.104%	$22K	$150K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	355.21	−0.034%	$1.4M	$2.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.504%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0035%	1h	355.18	−0.042%	$1.3M	$4.6M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	355.43	+0.028%	—	$3K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	355.17	−0.045%	$98.0M	$25.2M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	355.12	−0.059%	$684K	$435K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	355.17	−0.045%	$219	$45K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	355.00	−0.093%	$2.2M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0051%	8h	355.60	+0.077%	$292	$253	5x	as long as short
Nado GOOGL-PERP	+0.0058%	1h	354.90	−0.122%	$553K	$79K	20x	as long as short
BloFin GOOGL-USDT	+0.0059%	8h	355.96	+0.177%	$697K	$225K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0064%	1h	354.85	−0.135%	$520K	$1.1M	10x	as long as short
Bitget GOOGLUSDTlong	+0.0088%	8h	355.33	long leg	$17.2M	$8.9M	100x
Phoenix GOOGL	+0.0090%	1h	355.86	+0.149%	$137K	$48K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0094%	1h	355.86	+0.149%	$143K	$55K	10x	as long as short
Pacifica GOOGL	+0.0100%	1h	355.25	−0.024%	$43K	$44K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	355.04	−0.082%	$3.0M	$69K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	355.91	+0.163%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	355.05	−0.079%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	354.96	−0.105%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0112%	1h	355.27	−0.017%	$2.0M	$1.2M	20x	as long as short
Arcus GOOGL-USD	+0.0316%	1h	355.10	−0.065%	$201K	$302K	10x	as long as short