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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.023%
Price spread now: Arcus against Coinbase International+0.006%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$350.346% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.104%+$10 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.006%, 7d avg +0.065%
Together, before fees+0.053%+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Arcus is 0.059% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.006% now, against its 7-day average of +0.065%). If the spread goes back, that is −$6 on $10k: about 3.1 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International GOOGL-PERP-INTX356.88−0.0024get 0.0003% / 1h52m 29s$519K$1.1M10x
ShortArcus GOOGL-USD356.900.0040get 0.0005% / 1h52m 29s$207K$278K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Coinbase International. 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
$13.5
Price spread: +0.006% → +0.065%
−$5.93
Slippage, 4 orders
−$20.1
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$27.03
Costs to cover
0.346%
Break-even
21.0 days
Slippage from Coinbase International: live order book, 1 min ago; Arcus: live order book, 56 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 Coinbase International live order book, 1 min ago1.96 bp8.3 bp −$810.6 bp −$106doesn't fitdoesn't fit
Sell Arcus live order book, 56 min ago2.10 bp9.6 bp −$1011.3 bp −$113doesn'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-INTXlong−0.0024%1h356.88long leg$519K$1.1M10x
Nado GOOGL-PERP−0.0004%1h356.98+0.027%$557K$86K20xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h357.09+0.059%$13.6M$12.8M50xas long as short
Gate GOOGL_USDT0.0000%8h357.03+0.042%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.23+0.098%$17.3M$9.8M100xas long as short
Variational Omni GOOGL0.0000%8h357.09+0.060%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.15+0.077%$24K$444K10xas long as short
SunX GOOGL-USDT0.0000%8h357.17+0.081%$2K$4.0M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.90+0.006%$24K$156K10xas long as short
HTX GOOGL-USDT0.0000%8h357.32+0.123%$115K$212K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex GOOGLUSDT0.0000%4h357.28+0.112%$2.7M$87K10xas long as short
Aftermath Perps GOOGLUSD+0.0024%1h357.22+0.095%$144K$46K10xas long as short
Lighter RH GOOGL+0.0032%1h357.09+0.059%$1.4M$2.1M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.067%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0038%1h357.03+0.042%$1.3M$4.2M10xas long as short
Aster GOOGLUSDT+0.0040%8h357.32+0.122%$365K$424K20xas long as short
Hotstuff GOOGL-PERP+0.0040%1h356.92+0.011%$33K20xas long as short
Arcus GOOGL-USDshort+0.0040%1h356.90+0.006%$207K$278K10x
Vest GOOGL-USD-PERP+0.0046%1h357.23+0.098%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.95+0.020%$98.1M$21.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.98+0.028%$685K$430K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.91+0.008%$158$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.84−0.011%$2.3M$4.9M15xas long as short
Paradex GOOGL-USD-PERP+0.0056%8h357.11+0.063%$293$2535xas long as short
Binance GOOGLUSDT+0.0061%8h357.17+0.081%$72.1M$143.6M50xas long as short
Extended GOOGL-USD+0.0064%1h357.07+0.054%$422K$1.2M20xas long as short
Phoenix GOOGL+0.0090%1h357.09+0.059%$137K$36K20xas long as short
Pacifica GOOGL+0.0100%1h356.96+0.023%$42K$39K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.71−0.048%$3.0M$109K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.00+0.034%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.97+0.025%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.03+0.043%$25K10xas long as short
Lighter GOOGL+0.0176%1h357.16+0.078%$2.0M$1.3M20xas long as short
BloFin GOOGL-USDT+0.0181%8h357.13+0.070%$690K$235K20xas long as short
Bybit GOOGLUSDT+0.0182%8h357.19+0.087%$12.0M$7.5M100xas long as short
edgeX GOOGLUSDC+0.0833%4h357.10+0.061%$208K$1.2M10xas long as short