Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.002%

Price spread now: Binance against Extended+0.034%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$180.177% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 7 days−0.006%−$1 · spread now +0.034%, 7d avg +0.044%

Together, before fees−0.009%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GOOGL-USD	357.15	0.0040	pay 0.0005% / 1h	44m 32s	$423K	$2.9M	20x
Short	Binance GOOGLUSDT	357.27	0.0042	get 0.0042% / 8h	4h 44m	$72.9M	$145.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now +0.034%Rate

Funding earned: $0.41
Price spread: +0.034% → +0.044%: −$0.97
Slippage, 4 orders: −$2.72
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$18.29
Costs to cover: 0.177%
Break-even: 322.8 days

Slippage from Extended: live order book, 2 min ago; Binance: live order book, 7 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 Extended live order book, 2 min ago	0.14 bp	3.5 bp −$4	10.3 bp −$103	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.14 bp	5.3 bp −$5	7.8 bp −$78	24.1 bp −$2,411	doesn't fit

GOOGL on 36 exchanges

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
Hotstuff GOOGL-PERP	−0.0072%	1h	357.34	+0.054%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0016%	1h	357.07	−0.022%	$529K	$1.2M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.16	+0.003%	$11.6M	$7.7M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.17	+0.006%	$13.4M	$13.9M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.10	−0.014%	$3.7M	$6.3M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.19	+0.012%	$17.4M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.05	−0.026%	$4.9M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.28	+0.036%	$12K	$461K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.20	+0.014%	$2K	$3.6M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.95	−0.056%	$29K	$150K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX GOOGL-USDT	0.0000%	8h	357.31	+0.045%	$115K	$211K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.36	+0.059%	$2.7M	$116K	10x	as long as short
Aster GOOGLUSDT	+0.0024%	8h	357.20	+0.015%	$367K	$420K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0032%	1h	357.10	−0.014%	$144K	$42K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.22	+0.020%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.008%	$128K	$45K	30x	as long as short
Extended GOOGL-USDlong	+0.0040%	1h	357.15	long leg	$423K	$2.9M	20x
Binance GOOGLUSDTshort	+0.0042%	8h	357.27	+0.034%	$72.9M	$145.9M	50x
Vest GOOGL-USD-PERP	+0.0046%	1h	357.25	+0.028%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.95	−0.056%	$97.9M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.09	−0.016%	$719K	$519K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.97	−0.050%	$104	$46K	10x	as long as short
Nado GOOGL-PERP	+0.0050%	1h	357.00	−0.041%	$549K	$86K	20x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.75	−0.112%	$2.3M	$3.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0057%	8h	357.09	−0.015%	$293	$253	5x	as long as short
QFEX GOOGL-USD	+0.0066%	1h	357.16	+0.003%	$1.3M	$4.0M	10x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.11	−0.010%	$42K	$17K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.88	−0.075%	$3.0M	$325K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.03	−0.033%	$36K	$17K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.06	−0.025%	$10K	$11K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	357.16	+0.003%	$2.0M	$2.2M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.98	−0.046%	$25K	—	10x	as long as short
BloFin GOOGL-USDT	+0.0164%	8h	357.26	+0.031%	$694K	$231K	20x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.02	−0.036%	$137K	$60K	20x	as long as short
Arcus GOOGL-USD	+0.0303%	1h	357.02	−0.036%	$212K	$217K	10x	as long as short
edgeX GOOGLUSDC	+0.0315%	4h	357.18	+0.010%	$208K	$1.2M	10x	as long as short