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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.74 per $10,000 · paid last 24h +0.026%
Price spread now: Bybit against Orderly+0.062%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.062% dearer against Orderly than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_GOOGL_USDC356.700.0100pay 0.0100% / 8h1h 41m$10K$11K20x
ShortBybit GOOGLUSDT356.920.0174get 0.0174% / 8h1h 41m$11.9M$7.5M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Orderly. 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
$15.45
Price spread: +0.062% → 0.000%
$6.17
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$4.61
Costs to cover
0.170%
Break-even
4.9 days
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 2 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 Orderly no order-book sample
Sell Bybit live order book, 2 min ago0.56 bp8.3 bp −$811.8 bp −$118doesn't fitdoesn't fit
Orderly: 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
Coinbase International GOOGL-PERP-INTX−0.0024%1h356.60−0.028%$511K$1.1M10xas long as short
Hotstuff GOOGL-PERP−0.0008%1h356.68−0.006%$33K20xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h356.86+0.045%$13.6M$13.0M50xas long as short
Gate GOOGL_USDT0.0000%8h356.72+0.006%$3.6M$7.5M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.00+0.084%$17.3M$9.8M100xas long as short
Variational Omni GOOGL0.0000%8h356.94+0.068%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.01+0.087%$23K$444K10xas long as short
SunX GOOGL-USDT0.0000%8h356.92+0.062%$1K$4.0M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.65−0.014%$24K$156K10xas long as short
HTX GOOGL-USDT0.0000%8h357.06+0.101%$115K$212K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex GOOGLUSDT0.0000%4h357.06+0.101%$2.7M$87K10xas long as short
Aftermath Perps GOOGLUSD+0.0023%1h356.68−0.006%$144K$46K10xas long as short
Lighter RH GOOGL+0.0032%1h356.78+0.022%$1.3M$2.1M20xas long as short
Aster GOOGLUSDT+0.0033%8h357.10+0.113%$365K$424K20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.118%$128K$45K30xas long as short
Nado GOOGL-PERP+0.0034%1h356.65−0.014%$549K$90K20xas long as short
QFEX GOOGL-USD+0.0038%1h356.80+0.028%$1.2M$4.2M10xas long as short
Arcus GOOGL-USD+0.0040%1h356.63−0.020%$207K$278K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.91+0.059%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.63−0.020%$98.0M$21.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.66−0.011%$684K$430K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.64−0.017%$153$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.39−0.087%$2.3M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0054%8h356.73+0.007%$293$2535xas long as short
Binance GOOGLUSDT+0.0055%8h356.81+0.032%$72.0M$143.7M50xas long as short
Extended GOOGL-USD+0.0056%1h356.74+0.010%$423K$1.2M20xas long as short
Phoenix GOOGL+0.0090%1h356.69−0.003%$137K$36K20xas long as short
Pacifica GOOGL+0.0100%1h356.63−0.020%$42K$39K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.59−0.031%$3.0M$103K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.76+0.017%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDClong+0.0100%8h356.70long leg$10K$11K20x
Aevo GOOGL-PERP+0.0104%1h356.77+0.021%$25K10xas long as short
Lighter GOOGL+0.0144%1h356.80+0.028%$2.0M$1.3M20xas long as short
Bybit GOOGLUSDTshort+0.0174%8h356.92+0.062%$11.9M$7.5M100x
BloFin GOOGL-USDT+0.0175%8h356.89+0.053%$689K$235K20xas long as short
edgeX GOOGLUSDC+0.0400%4h356.88+0.050%$208K$1.2M10xas long as short