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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.006%
Price spread now: tradeXYZ against Deribit+0.036%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$310.315% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.076%−$8 on $10k
Price spread, last 4 days (all we have)−0.340%−$34 · spread now +0.036%, 7d avg −0.035%
Together, before fees−0.416%+ Points / potential airdroptradeXYZ: Active · farm board−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.072% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.035%. Mind the row above: over the last 5 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit GOOGL_USDC-PERPETUAL357.37−0.0002get 0.0000% / 1h21m 41s$23K$154K10x
ShorttradeXYZ xyz:GOOGL357.500.0050get 0.0006% / 1h21m 41s$99.0M$21.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.87
Price spread: +0.036% → −0.035%
$7.16
Slippage, 4 orders
−$6.47
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$13.43
Costs to cover
0.315%
Break-even
15.6 days
Slippage from Deribit: live order book, 42 min ago; tradeXYZ: live order book, 7 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, 42 min ago0.14 bp8.9 bp −$912.5 bp −$125doesn't fitdoesn't fit
Sell tradeXYZ live order book, 7 min ago0.14 bp9.3 bp −$911.9 bp −$119doesn'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−0.0064%1h357.46+0.025%$524K$1.1M10xas long as short
Nado GOOGL-PERP−0.0046%1h357.50+0.037%$558K$80K20xas long as short
Deribit GOOGL_USDC-PERPETUALlong−0.0002%1h357.37long leg$23K$154K10x
Gate GOOGL_USDT0.0000%8h357.59+0.062%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h357.66+0.082%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.74+0.104%$23K$437K10xas long as short
SunX GOOGL-USDT0.0000%8h357.72+0.098%$1K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h357.79+0.118%$115K$223K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.77+0.112%$2.7M$79K10xas long as short
Aftermath Perps GOOGLUSD+0.0005%1h357.58+0.058%$144K$50K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GOOGLUSDT+0.0015%8h357.54+0.048%$365K$458K20xas long as short
Hotstuff GOOGL-PERP+0.0016%1h357.46+0.025%$33K20xas long as short
QFEX GOOGL-USD+0.0028%1h357.60+0.064%$1.3M$4.3M10xas long as short
Bybit GOOGLUSDT+0.0028%8h357.82+0.126%$11.8M$7.5M100xas long as short
Lighter RH GOOGL+0.0032%1h357.71+0.095%$1.3M$2.3M20xas long as short
Extended GOOGL-USD+0.0032%1h357.62+0.069%$426K$1.8M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.070%$128K$45K30xas long as short
Binance GOOGLUSDT+0.0035%8h357.73+0.101%$72.9M$141.2M50xas long as short
Arcus GOOGL-USD+0.0040%1h357.43+0.017%$207K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.75+0.106%$5K25xas long as short
tradeXYZ xyz:GOOGLshort+0.0050%1h357.50+0.036%$99.0M$21.4M20x
Polymarket Perps GOOG-USD+0.0050%1h357.46+0.025%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.49+0.034%$142$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.44+0.020%$2.2M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0052%8h357.64+0.075%$293$2535xas long as short
edgeX GOOGLUSDC+0.0056%4h357.66+0.082%$209K$1.2M10xas long as short
Bitget GOOGLUSDT+0.0069%8h357.77+0.112%$17.1M$9.3M100xas long as short
Pacifica GOOGL+0.0100%1h357.45+0.024%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.50+0.036%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.54+0.048%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.53+0.045%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.52+0.041%$25K10xas long as short
OKX GOOGL-USDT-SWAP+0.0107%8h357.69+0.090%$13.8M$12.4M50xas long as short
Phoenix GOOGL+0.0112%1h357.54+0.048%$138K$36K20xas long as short
Lighter GOOGL+0.0120%1h357.73+0.101%$2.1M$1.2M20xas long as short
BloFin GOOGL-USDT+0.0144%8h357.69+0.090%$697K$234K20xas long as short