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−0.0139%/8h= −15.2% APRnext payment $1.39 per $10,000 · paid last 24h +0.009%
Price spread now: OKX against Bybit−0.042%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$300.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.013%−$1 on $10k
Price spread, last 7 days+0.027%+$3 · spread now −0.042%, 7d avg −0.005%
Together, before fees+0.014%+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.037% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit GOOGLUSDT357.690.0240pay 0.0240% / 8h3h 40m$12.0M$7.5M100x
ShortOKX GOOGL-USDT-SWAP357.540.0101get 0.0101% / 8h3h 40m$13.8M$12.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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
−$29.17
Price spread: −0.042% → −0.005%
−$3.68
Slippage, 4 orders
−$9.31
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$63.16
Costs to cover
0.303%
Break-even
never at this rate
Slippage from Bybit: live order book, 3 min ago; OKX: live order book, 3 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 Bybit live order book, 3 min ago0.14 bp8.4 bp −$813.7 bp −$137doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.14 bp5.2 bp −$510.3 bp −$103doesn'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
Gate GOOGL_USDT0.0000%8h357.48−0.059%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.62−0.020%$17.4M$9.6M100xas long as short
SunX GOOGL-USDT0.0000%8h357.56−0.036%$965$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.33−0.101%$24K$155K10xas long as short
HTX GOOGL-USDT0.0000%8h357.690.000%$115K$220K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.59−0.028%$2.7M$85K10xas long as short
Coinbase International GOOGL-PERP-INTX+0.0016%1h357.11−0.162%$522K$1.1M10xas long as short
Nado GOOGL-PERP+0.0018%1h357.43−0.073%$558K$80K20xas long as short
Aftermath Perps GOOGLUSD+0.0027%1h357.22−0.132%$144K$48K10xas long as short
Variational Omni GOOGL+0.0029%8h357.51−0.050%$4.8M$2.4Mas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH GOOGL+0.0032%1h357.63−0.017%$1.3M$2.1M20xas long as short
GRVT GOOGL_USDT_Perp+0.0032%8h357.44−0.070%$23K$436K10xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.159%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.21−0.134%$207K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.66−0.008%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.41−0.078%$99.2M$20.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.31−0.106%$685K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.39−0.084%$140$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.17−0.145%$2.3M$4.9M15xas long as short
QFEX GOOGL-USD+0.0064%1h357.44−0.070%$1.3M$4.2M10xas long as short
Aster GOOGLUSDT+0.0089%8h357.77+0.022%$366K$426K20xas long as short
Pacifica GOOGL+0.0100%1h357.49−0.055%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.15−0.151%$3.0M$91K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.26−0.120%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.43−0.073%$10K$11K20xas long as short
OKX GOOGL-USDT-SWAPshort+0.0101%8h357.54−0.042%$13.8M$12.4M50x
Extended GOOGL-USD+0.0104%1h357.45−0.067%$419K$1.8M20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.40−0.081%$25K10xas long as short
Binance GOOGLUSDT+0.0108%8h357.56−0.037%$72.5M$141.9M50xas long as short
Paradex GOOGL-USD-PERP+0.0108%8h357.54−0.041%$293$2535xas long as short
Phoenix GOOGL+0.0179%1h357.33−0.101%$137K$36K20xas long as short
Lighter GOOGL+0.0224%1h357.54−0.042%$2.0M$1.3M20xas long as short
Hotstuff GOOGL-PERP+0.0224%1h357.36−0.092%$33K20xas long as short
BloFin GOOGL-USDT+0.0228%8h357.52−0.048%$693K$234K20xas long as short
Bybit GOOGLUSDTlong+0.0240%8h357.69long leg$12.0M$7.5M100x
edgeX GOOGLUSDC+0.0523%4h357.44−0.070%$208K$1.2M10xas long as short