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−0.0101%/8h= −11.0% APRnext payment $1.01 per $10,000 · paid last 24h −0.024%
Price spread now: OKX against BloFin−0.006%113s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$250.255% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.246%−$25 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.006%, 7d avg +0.003%
Together, before fees−0.291%−$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin GOOGL-USDT357.750.0214pay 0.0214% / 8h4h 07m$695K$234K20x
ShortOKX GOOGL-USDT-SWAP357.730.0113get 0.0113% / 8h4h 07m$13.8M$12.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against BloFin. 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
−$21.13
Price spread: −0.006% → +0.003%
−$0.83
Slippage, 4 orders
−$3.5
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$47.46
Costs to cover
0.255%
Break-even
never at this rate
Slippage from BloFin: live order book, 29 min ago; OKX: live order book, 1 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 BloFin live order book, 29 min ago0.14 bp6.4 bp −$67.3 bp −$7315.3 bp −$1,527doesn't fit
Sell OKX live order book, 1 min ago0.14 bp5.6 bp −$611.0 bp −$110doesn't fitdoesn'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%1h357.54−0.059%$526K$1.1M10xas long as short
Gate GOOGL_USDT0.0000%8h357.63−0.034%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.79+0.011%$17.4M$9.6M100xas long as short
SunX GOOGL-USDT0.0000%8h357.750.000%$1K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.90+0.042%$115K$221K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.83+0.022%$2.7M$86K10xas long as short
GRVT GOOGL_USDT_Perp+0.0001%8h357.72−0.008%$23K$432K10xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0002%1h357.48−0.075%$24K$155K10xas long as short
Variational Omni GOOGL+0.0009%8h357.68−0.020%$4.8M$2.3Mas long as short
Aftermath Perps GOOGLUSD+0.0021%1h357.63−0.034%$144K$48K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH GOOGL+0.0032%1h357.750.000%$1.3M$2.1M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.176%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.44−0.087%$207K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.69−0.017%$5K25xas long as short
Hotstuff GOOGL-PERP+0.0048%1h357.55−0.056%$33K20xas long as short
QFEX GOOGL-USD+0.0050%1h357.66−0.025%$1.3M$4.2M10xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.47−0.078%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.53−0.061%$143$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.36−0.109%$2.3M$4.9M15xas long as short
tradeXYZ xyz:GOOGL+0.0052%1h357.52−0.064%$99.1M$20.5M20xas long as short
Aster GOOGLUSDT+0.0075%8h357.89+0.038%$366K$426K20xas long as short
Nado GOOGL-PERP+0.0079%1h357.45−0.084%$558K$80K20xas long as short
Binance GOOGLUSDT+0.0095%8h357.750.000%$73.0M$141.2M50xas long as short
Extended GOOGL-USD+0.0096%1h357.66−0.026%$423K$1.8M20xas long as short
Pacifica GOOGL+0.0100%1h357.71−0.012%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.29−0.129%$3.0M$91K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.43−0.089%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.60−0.042%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.58−0.047%$25K10xas long as short
Paradex GOOGL-USD-PERP+0.0108%8h357.62−0.035%$293$2535xas long as short
Phoenix GOOGL+0.0112%1h357.55−0.056%$138K$36K20xas long as short
OKX GOOGL-USDT-SWAPshort+0.0113%8h357.73−0.006%$13.8M$12.4M50x
BloFin GOOGL-USDTlong+0.0214%8h357.75long leg$695K$234K20x
Bybit GOOGLUSDT+0.0222%8h357.80+0.014%$12.0M$7.5M100xas long as short
Lighter GOOGL+0.0280%1h357.750.000%$2.0M$1.3M20xas long as short
edgeX GOOGLUSDC+0.0953%4h357.68−0.020%$209K$1.2M10xas long as short