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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.01 per $10,000 · paid last 24h +0.019%
Price spread now: Arcus against Ondo Perps0.000%7-day average +0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.074%+$7 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now 0.000%, 7d avg +0.036%
Together, before fees+0.115%+ Points / potential airdropOndo Perps: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Arcus is 0.036% cheaper against Ondo Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.036%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.074%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps GOOGL-USD.P356.510.0050pay 0.0006% / 1h34m 48s$2.3M$4.9M15x
ShortArcus GOOGL-USD356.510.0040get 0.0005% / 1h34m 48s$202K$272K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Ondo Perps. 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
−$2.13
Price spread: 0.000% → +0.036%
−$3.6
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$15.22
Costs to cover
0.095%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Arcus: live order book, 34 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Arcus live order book, 34 min ago2.11 bp8.5 bp −$810.5 bp −$105doesn't fitdoesn't fit
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Deribit GOOGL_USDC-PERPETUAL−0.0086%1h356.53+0.006%$23K$153K10xas long as short
Hotstuff GOOGL-PERP−0.0024%1h356.72+0.059%$33K20xas long as short
Coinbase International GOOGL-PERP-INTX−0.0024%1h356.40−0.031%$529K$1.1M10xas long as short
Nado GOOGL-PERP−0.0002%1h356.65+0.039%$556K$80K20xas long as short
Gate GOOGL_USDT0.0000%8h356.78+0.076%$3.6M$7.5M100xas long as short
Bitget GOOGLUSDT0.0000%8h356.75+0.067%$16.9M$9.2M100xas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.73+0.061%$23K$436K10xas long as short
SunX GOOGL-USDT0.0000%8h356.77+0.073%$1K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h356.95+0.123%$115K$227K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.87+0.101%$2.7M$67K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps GOOGLUSD+0.0008%1h356.50−0.004%$144K$51K10xas long as short
Variational Omni GOOGL+0.0017%8h356.74+0.064%$4.7M$2.4Mas long as short
Lighter RH GOOGL+0.0032%1h356.89+0.107%$1.3M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.171%$128K$45K30xas long as short
QFEX GOOGL-USD+0.0039%1h356.67+0.045%$1.3M$4.5M10xas long as short
Arcus GOOGL-USDshort+0.0040%1h356.510.000%$202K$272K10x
Vest GOOGL-USD-PERP+0.0046%1h356.89+0.107%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.78+0.076%$98.7M$22.3M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.53+0.006%$683K$433K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.74+0.065%$158$46K10xas long as short
Ondo Perps GOOGL-USD.Plong+0.0050%1h356.51long leg$2.3M$4.9M15x
Lighter GOOGL+0.0056%1h356.86+0.098%$2.1M$1.2M20xas long as short
edgeX GOOGLUSDC+0.0061%4h356.68+0.046%$209K$1.2M10xas long as short
Paradex GOOGL-USD-PERP+0.0062%8h356.79+0.079%$293$2535xas long as short
Aster GOOGLUSDT+0.0071%8h356.72+0.060%$365K$458K20xas long as short
Extended GOOGL-USD+0.0088%1h356.72+0.058%$421K$1.8M20xas long as short
Phoenix GOOGL+0.0090%1h356.62+0.031%$137K$36K20xas long as short
Binance GOOGLUSDT+0.0092%8h356.85+0.096%$72.8M$141.5M50xas long as short
Pacifica GOOGL+0.0100%1h356.56+0.014%$42K$43K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.43−0.022%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.57+0.017%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.70+0.053%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.66+0.042%$25K10xas long as short
Bybit GOOGLUSDT+0.0126%8h357.00+0.137%$11.6M$7.4M100xas long as short
OKX GOOGL-USDT-SWAP+0.0183%8h356.94+0.121%$13.8M$12.8M50xas long as short
BloFin GOOGL-USDT+0.0215%8h356.47−0.011%$651K$234K20xas long as short