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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0048%/8h= −5.3% APRnext payment $0.06 per $10,000 · paid last 24h +0.008%
Price spread now: Coinbase International against Deribit−0.117%7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$270.273% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.113%−$11 on $10k
Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.117%, 7d avg −0.083%
Together, before fees−0.027%−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.034% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.083%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit GOOGL_USDC-PERPETUAL357.510get 0.0000% / 1h10m 05s$24K$157K10x
ShortCoinbase International GOOGL-PERP-INTX357.09−0.0048pay 0.0006% / 1h10m 05s$512K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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
−$10.08
Price spread: −0.117% → −0.083%
−$3.42
Slippage, 4 orders
−$10.3
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$40.81
Costs to cover
0.273%
Break-even
never at this rate
Slippage from Deribit: live order book, 28 min ago; Coinbase International: 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 Deribit live order book, 28 min ago0.14 bp8.9 bp −$911.0 bp −$110doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago1.82 bp7.1 bp −$79.6 bp −$96doesn'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-INTXshort−0.0048%1h357.09−0.117%$512K$1.1M10x
Nado GOOGL-PERP−0.0011%1h357.52+0.002%$550K$88K20xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h357.68+0.048%$13.6M$12.8M50xas long as short
Gate GOOGL_USDT0.0000%8h357.61+0.028%$3.6M$7.5M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.79+0.078%$17.4M$9.8M100xas long as short
Variational Omni GOOGL0.0000%8h357.69+0.050%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.71+0.057%$23K$449K10xas long as short
SunX GOOGL-USDT0.0000%8h357.73+0.062%$2K$4.0M20xas long as short
Deribit GOOGL_USDC-PERPETUALlong0.0000%1h357.51long leg$24K$157K10x
HTX GOOGL-USDT0.0000%8h357.83+0.090%$115K$209K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex GOOGLUSDT0.0000%4h357.77+0.073%$2.7M$88K10xas long as short
Aster GOOGLUSDT+0.0003%8h357.79+0.078%$366K$422K20xas long as short
Aftermath Perps GOOGLUSD+0.0022%1h357.61+0.027%$144K$44K10xas long as short
Extended GOOGL-USD+0.0024%1h357.61+0.029%$427K$2.5M20xas long as short
Binance GOOGLUSDT+0.0026%8h357.71+0.056%$72.1M$143.3M50xas long as short
Lighter RH GOOGL+0.0032%1h357.62+0.031%$1.4M$1.9M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.109%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0035%1h357.64+0.036%$1.3M$4.2M10xas long as short
Arcus GOOGL-USD+0.0040%1h357.48−0.008%$208K$279K10xas long as short
KuCoin GOOGLUSDTM+0.0042%8h357.17−0.095%$3.0M$108K20xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.82+0.087%$5K25xas long as short
Hotstuff GOOGL-PERP+0.0048%1h357.49−0.006%$33K20xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.48−0.008%$98.2M$21.4M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.45−0.017%$686K$430K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.53+0.006%$137$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.32−0.053%$2.3M$4.6M15xas long as short
Paradex GOOGL-USD-PERP+0.0051%8h357.66+0.041%$293$2535xas long as short
Bybit GOOGLUSDT+0.0078%8h357.69+0.050%$11.5M$7.8M100xas long as short
Pacifica GOOGL+0.0100%1h357.46−0.013%$42K$26K10xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.55+0.011%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.56+0.014%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.55+0.011%$25K10xas long as short
BloFin GOOGL-USDT+0.0107%8h357.60+0.025%$688K$236K20xas long as short
Lighter GOOGL+0.0112%1h357.69+0.050%$2.0M$1.4M20xas long as short
Phoenix GOOGL+0.0112%1h357.59+0.022%$138K$36K20xas long as short
edgeX GOOGLUSDC+0.0365%4h357.63+0.033%$209K$1.2M10xas long as short