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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.063%
Price spread now: Bybit against Gate+0.053%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$450.454% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.061%+$6 on $10k
Price spread, last 7 days−0.053%−$5 · spread now +0.053%, 7d avg +0.019%
Together, before fees+0.007%+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.035% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GOOGL_USDT356.240get 0.0000% / 8h1h 47m$3.6M$7.5M100x
ShortBybit GOOGLUSDT356.430.0025get 0.0025% / 8h1h 47m$11.5M$7.8M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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
$5.21
Price spread: +0.053% → +0.019%
$3.47
Slippage, 4 orders
−$19.37
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$36.69
Costs to cover
0.454%
Break-even
56.3 days
Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 1 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 Gate live order book, 1 min ago2.39 bp12.0 bp −$1220.3 bp −$203doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago0.14 bp9.0 bp −$913.0 bp −$130doesn'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−0.0024%1h356.19−0.014%$530K$1.1M10xas long as short
Hotstuff GOOGL-PERP−0.0008%1h356.16−0.022%$33K20xas long as short
Gate GOOGL_USDTlong0.0000%8h356.24long leg$3.6M$7.5M100x
Variational Omni GOOGL0.0000%8h356.19−0.013%$4.6M$2.5Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.26+0.006%$23K$504K10xas long as short
SunX GOOGL-USDT0.0000%8h356.39+0.042%$1K$4.2M20xas long as short
HTX GOOGL-USDT0.0000%8h356.45+0.059%$114K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.44+0.056%$2.7M$64K10xas long as short
Aftermath Perps GOOGLUSD+0.0018%1h356.10−0.040%$144K$55K10xas long as short
Bybit GOOGLUSDTshort+0.0025%8h356.43+0.053%$11.5M$7.8M100x
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster GOOGLUSDT+0.0027%8h356.50+0.072%$362K$455K20xas long as short
Lighter RH GOOGL+0.0032%1h356.42+0.051%$1.4M$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.247%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0045%1h356.31+0.020%$1.3M$4.8M10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.32+0.022%$5K25xas long as short
Extended GOOGL-USD+0.0048%1h356.33+0.024%$421K$1.6M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.18−0.017%$683K$438K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.21−0.008%$187$46K10xas long as short
Binance GOOGLUSDT+0.0050%8h356.38+0.039%$73.0M$142.2M50xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.04−0.056%$2.3M$5.0M15xas long as short
tradeXYZ xyz:GOOGL+0.0059%1h356.19−0.014%$98.0M$25.2M20xas long as short
Bitget GOOGLUSDT+0.0065%8h356.44+0.056%$16.9M$9.2M100xas long as short
OKX GOOGL-USDT-SWAP+0.0067%8h356.39+0.042%$13.8M$12.8M50xas long as short
Paradex GOOGL-USD-PERP+0.0085%8h356.32+0.022%$292$2535xas long as short
Pacifica GOOGL+0.0100%1h356.02−0.062%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h355.96−0.079%$3.0M$68K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.05−0.053%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.27+0.008%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.27+0.009%$25K10xas long as short
Phoenix GOOGL+0.0135%1h356.14−0.028%$137K$48K20xas long as short
Nado GOOGL-PERP+0.0140%1h356.05−0.052%$557K$81K20xas long as short
Arcus GOOGL-USD+0.0169%1h356.15−0.025%$202K$271K10xas long as short
BloFin GOOGL-USDT+0.0170%8h356.39+0.042%$689K$235K20xas long as short
Lighter GOOGL+0.0264%1h356.42+0.051%$2.0M$1.0M20xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0312%1h356.27+0.008%$22K$151K10xas long as short
edgeX GOOGLUSDC+0.1000%4h356.20−0.012%$208K$1.2M10xas long as short