Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0036%/8h= −3.9% APRpaid last 24h +0.013%

Price spread now: Extended against KuCoin+0.103%7-day average +0.022% · you sell dearer than you buy

Net, funding: paid 7d − costs−$163as in the Funding arb table

Net, price: spread back to 7d avg − costs−$158as in the Price arb table

costs, in and out, $10k−$1661.663% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.033%+$3 on $10k

Price spread, last 7 days−0.111%−$11 · spread now +0.103%, 7d avg +0.022%

Together, before fees−0.078%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.081% dearer against KuCoin than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of +0.022%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GOOGLUSDTM	356.90	0.0100	pay 0.0100% / 8h	2h 07m	$3.0M	$106K	20x
Short	Extended GOOGL-USD	357.27	0.0064	get 0.0008% / 1h	7m 42s	$422K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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 KuCoinbpFee ExtendedbpOrdersPrice spread, now +0.103%Rate

Funding earned: −$7.56
Price spread: +0.103% → +0.022%: $8.06
Slippage, 4 orders: −$149.35
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$165.85
Costs to cover: 1.663%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Extended: live order book, 1 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 KuCoin live order book, 5 min ago	5.18 bp	110.8 bp −$111	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	0.14 bp	3.5 bp −$4	11.1 bp −$111	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
Nado GOOGL-PERP	−0.0022%	1h	357.17	+0.077%	$557K	$86K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.40	+0.140%	$13.7M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.26	+0.101%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.42	+0.146%	$17.3M	$9.9M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.45	+0.155%	$4.7M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.48	+0.161%	$23K	$446K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.38	+0.134%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.18	+0.078%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.48	+0.163%	$115K	$213K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.53	+0.177%	$2.7M	$87K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff GOOGL-PERP	+0.0016%	1h	357.09	+0.053%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	356.88	−0.006%	$519K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0020%	1h	357.28	+0.106%	$145K	$47K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.35	+0.126%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.062%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.16	+0.073%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.45	+0.154%	—	$5K	25x	as long as short
Aster GOOGLUSDT	+0.0046%	8h	357.52	+0.175%	$366K	$426K	20x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.24	+0.095%	$1.2M	$4.2M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.14	+0.067%	$98.2M	$21.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.14	+0.067%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.15	+0.070%	$159	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.19	+0.081%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0057%	8h	357.30	+0.113%	$293	$253	5x	as long as short
Extended GOOGL-USDshort	+0.0064%	1h	357.27	+0.103%	$422K	$1.2M	20x
Binance GOOGLUSDT	+0.0066%	8h	357.37	+0.132%	$72.1M	$143.7M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.14	+0.066%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTMlong	+0.0100%	8h	356.90	long leg	$3.0M	$106K	20x
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.30	+0.112%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.20	+0.084%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.25	+0.098%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0112%	1h	357.36	+0.129%	$2.0M	$1.3M	20x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.29	+0.109%	$137K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0187%	8h	357.40	+0.140%	$685K	$236K	20x	as long as short
Bybit GOOGLUSDT	+0.0199%	8h	357.33	+0.120%	$12.0M	$7.6M	100x	as long as short
edgeX GOOGLUSDC	+0.0578%	4h	357.45	+0.155%	$208K	$1.2M	10x	as long as short