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+0.0151%/8h= +16.6% APRnext payment +$1.51 per $10,000 · paid last 24h +0.062%
Price spread now: OKX against Gate+0.053%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$400.397% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 7 days−0.085%−$8 · spread now +0.053%, 7d avg +0.013%
Together, before fees−0.043%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.040% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate GOOGL_USDT356.500get 0.0000% / 8h36m 23s$3.6M$7.5M100x
ShortOKX GOOGL-USDT-SWAP356.690.0151get 0.0151% / 8h36m 23s$13.9M$12.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$31.81
Price spread: +0.053% → +0.013%
$3.99
Slippage, 4 orders
−$14.75
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$3.94
Costs to cover
0.397%
Break-even
7.9 days
Slippage from Gate: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago1.82 bp11.7 bp −$1223.2 bp −$232doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.14 bp6.8 bp −$712.5 bp −$125doesn'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
Gate GOOGL_USDTlong0.0000%8h356.50long leg$3.6M$7.5M100x
SunX GOOGL-USDT0.0000%8h356.61+0.031%$1K$4.2M20xas long as short
HTX GOOGL-USDT0.0000%8h356.71+0.059%$115K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.76+0.073%$2.7M$66K10xas long as short
Coinbase International GOOGL-PERP-INTX+0.0008%1h356.40−0.028%$530K$1.1M10xas long as short
Aftermath Perps GOOGLUSD+0.0016%1h356.42−0.023%$144K$54K10xas long as short
Lighter RH GOOGL+0.0032%1h356.64+0.039%$1.4M$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.174%$128K$45K30xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.49−0.003%$5K25xas long as short
GRVT GOOGL_USDT_Perp+0.0047%8h356.59+0.025%$23K$474K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps GOOG-USD+0.0050%1h356.36−0.039%$683K$437K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.33−0.048%$200$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.24−0.073%$2.3M$4.9M15xas long as short
Variational Omni GOOGL+0.0056%8h356.57+0.021%$4.7M$2.6Mas long as short
tradeXYZ xyz:GOOGL+0.0060%1h356.35−0.042%$98.9M$25.2M20xas long as short
QFEX GOOGL-USD+0.0060%1h356.51+0.003%$1.3M$4.9M10xas long as short
Paradex GOOGL-USD-PERP+0.0088%8h356.52+0.007%$292$2535xas long as short
Bybit GOOGLUSDT+0.0098%8h356.64+0.039%$11.5M$7.7M100xas long as short
Pacifica GOOGL+0.0100%1h356.25−0.070%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.32−0.050%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.35−0.042%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.59+0.025%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.52+0.006%$25K10xas long as short
Aster GOOGLUSDT+0.0108%8h356.76+0.074%$363K$455K20xas long as short
Nado GOOGL-PERP+0.0111%1h356.30−0.056%$559K$82K20xas long as short
Bitget GOOGLUSDT+0.0118%8h356.65+0.042%$16.9M$9.3M100xas long as short
Extended GOOGL-USD+0.0128%1h356.57+0.020%$421K$1.6M20xas long as short
Binance GOOGLUSDT+0.0129%8h356.61+0.031%$73.1M$142.8M50xas long as short
Hotstuff GOOGL-PERP+0.0136%1h356.35−0.042%$33K20xas long as short
OKX GOOGL-USDT-SWAPshort+0.0151%8h356.69+0.053%$13.9M$12.9M50x
Phoenix GOOGL+0.0157%1h356.49−0.003%$137K$48K20xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0171%1h356.43−0.020%$23K$152K10xas long as short
BloFin GOOGL-USDT+0.0249%8h356.65+0.042%$692K$236K20xas long as short
Arcus GOOGL-USD+0.0250%1h356.39−0.031%$202K$271K10xas long as short
Lighter GOOGL+0.0296%1h356.61+0.031%$2.1M$1.1M20xas long as short
edgeX GOOGLUSDC+0.0310%4h356.66+0.045%$210K$1.2M10xas long as short