Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.022%

Price spread now: Gate against Deribit+0.045%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$400.399% of the position

Long on Deribit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.111%−$11 on $10k

Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.045%, 7d avg +0.031%

Together, before fees−0.121%−$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit GOOGL_USDC-PERPETUAL	356.95	0	get 0.0000% / 1h	17m 17s	$23K	$154K	10x
Short	Gate GOOGL_USDT	357.11	0	get 0.0000% / 8h	6h 17m	$3.6M	$7.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee DeribitbpFee GatebpOrdersPrice spread, now +0.045%Rate

Funding earned: $0
Price spread: +0.045% → +0.031%: $1.36
Slippage, 4 orders: −$17.92
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$38.57
Costs to cover: 0.399%
Break-even: never at this rate

Slippage from Deribit: live order book, 51 min ago; Gate: live order book, 1 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 Deribit live order book, 51 min ago	0.14 bp	12.8 bp −$13	15.5 bp −$155	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	0.14 bp	14.4 bp −$14	22.3 bp −$223	doesn't fit	doesn't fit

GOOGL on 35 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
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.90	−0.014%	$524K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0021%	1h	357.09	+0.038%	$557K	$81K	20x	as long as short
Gate GOOGL_USDTshort	0.0000%	8h	357.11	+0.045%	$3.6M	$7.5M	100x
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.05	+0.028%	$23K	$438K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.21	+0.073%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUALlong	0.0000%	1h	356.95	long leg	$23K	$154K	10x
HTX GOOGL-USDT	0.0000%	8h	357.30	+0.098%	$115K	$228K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.16	+0.059%	$2.7M	$73K	10x	as long as short
Variational Omni GOOGL	+0.0002%	8h	356.95	0.000%	$4.8M	$2.4M	—	as long as short
Bitget GOOGLUSDT	+0.0006%	8h	357.18	+0.064%	$17.0M	$9.3M	100x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0006%	1h	356.82	−0.038%	$144K	$51K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.22	+0.076%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.048%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.10	+0.042%	$1.3M	$4.4M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.86	−0.025%	$202K	$272K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.28	+0.092%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.05	+0.028%	$98.8M	$22.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.86	−0.025%	$684K	$431K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.05	+0.028%	$151	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.73	−0.062%	$2.3M	$4.9M	15x	as long as short
Aster GOOGLUSDT	+0.0056%	8h	357.09	+0.041%	$365K	$458K	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0058%	8h	357.21	+0.073%	$293	$253	5x	as long as short
Lighter GOOGL	+0.0072%	1h	357.21	+0.073%	$2.1M	$1.2M	20x	as long as short
Binance GOOGLUSDT	+0.0076%	8h	357.21	+0.072%	$72.8M	$141.5M	50x	as long as short
Extended GOOGL-USD	+0.0080%	1h	357.12	+0.047%	$421K	$1.8M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.83	−0.034%	$137K	$36K	20x	as long as short
Bybit GOOGLUSDT	+0.0094%	8h	357.23	+0.078%	$11.6M	$7.5M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.96	+0.003%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.71	−0.067%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.01	+0.017%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.06	+0.031%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.00	+0.014%	$25K	—	10x	as long as short
Hotstuff GOOGL-PERP	+0.0112%	1h	357.04	+0.025%	$33K	—	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0168%	8h	357.17	+0.062%	$13.8M	$12.8M	50x	as long as short
edgeX GOOGLUSDC	+0.0399%	4h	357.01	+0.018%	$208K	$1.2M	10x	as long as short