Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.1% APRpaid last 24h −0.007%

Price spread now: KuCoin against Extended−0.096%7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$193as in the Funding arb table

Net, price: spread back to 7d avg − costs−$197as in the Price arb table

costs, in and out, $10k−$1901.899% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$3 on $10k

Price spread, last 7 days+0.078%+$8 · spread now −0.096%, 7d avg −0.025%

Together, before fees+0.043%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.072% cheaper against Extended than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of −0.025%). If the spread goes back, that is −$7 on $10k: about 13 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GOOGL-USD	357.53	0.0024	pay 0.0003% / 1h	3m 17s	$427K	$2.5M	20x
Short	KuCoin GOOGLUSDTM	357.19	0.0043	get 0.0043% / 8h	3m 17s	$3.0M	$114K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.096%Rate

Funding earned: $3.99
Price spread: −0.096% → −0.025%: −$7.15
Slippage, 4 orders: −$172.9
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$193.06
Costs to cover: 1.899%
Break-even: 345.7 days

Slippage from Extended: live order book, 5 min ago; KuCoin: live order book, 4 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, 5 min ago	0.14 bp	3.5 bp −$4	10.4 bp −$104	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	3.22 bp	90.8 bp −$91	doesn't fit	doesn't fit	doesn't fit

GOOGL on 36 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	−0.0048%	1h	357.09	−0.124%	$512K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0007%	1h	357.32	−0.059%	$549K	$88K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.63	+0.027%	$13.6M	$12.8M	50x	as long as short
Hotstuff GOOGL-PERP	0.0000%	1h	357.39	−0.040%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.50	−0.009%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.73	+0.055%	$17.4M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.58	+0.012%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.58	+0.013%	$23K	$449K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.61	+0.021%	$2K	$4.0M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.72	+0.052%	$115K	$210K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex GOOGLUSDT	0.0000%	4h	357.70	+0.047%	$2.7M	$88K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0002%	1h	357.39	−0.040%	$24K	$157K	10x	as long as short
Aster GOOGLUSDT	+0.0003%	8h	357.74	+0.057%	$366K	$422K	20x	as long as short
Extended GOOGL-USDlong	+0.0024%	1h	357.53	long leg	$427K	$2.5M	20x
Aftermath Perps GOOGLUSD	+0.0024%	1h	357.66	+0.035%	$144K	$44K	10x	as long as short
Binance GOOGLUSDT	+0.0026%	8h	357.62	+0.024%	$72.1M	$143.2M	50x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.45	−0.023%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.116%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0035%	1h	357.54	+0.002%	$1.3M	$4.2M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.39	−0.040%	$208K	$279K	10x	as long as short
KuCoin GOOGLUSDTMshort	+0.0043%	8h	357.19	−0.096%	$3.0M	$114K	20x
Vest GOOGL-USD-PERP	+0.0046%	1h	357.70	+0.047%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.40	−0.037%	$98.2M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.36	−0.048%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.36	−0.048%	$134	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.32	−0.060%	$2.3M	$4.6M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0051%	8h	357.45	−0.023%	$293	$253	5x	as long as short
Bybit GOOGLUSDT	+0.0075%	8h	357.62	+0.024%	$11.5M	$7.8M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.34	−0.054%	$42K	$26K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.32	−0.060%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.52	−0.004%	$10K	$11K	20x	as long as short
BloFin GOOGL-USDT	+0.0103%	8h	357.61	+0.021%	$688K	$236K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.47	−0.018%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.39	−0.040%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0120%	1h	357.53	−0.001%	$2.0M	$1.4M	20x	as long as short
edgeX GOOGLUSDC	+0.0623%	4h	357.57	+0.010%	$209K	$1.2M	10x	as long as short