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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0034%/8h= −3.7% APRnext payment $0.04 per $10,000 · paid last 24h −0.002%
Price spread now: Coinbase International against Polymarket Perps−0.008%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$290.288% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.008%, 7d avg −0.061%
Together, before fees−0.059%−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.052% dearer against Polymarket Perps than usual: you sell high and buy low (spread −0.008% now, against its 7-day average of −0.061%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps GOOG-USD357.700.0050pay 0.0006% / 1h13m 38s$686K$429K10x
ShortCoinbase International GOOGL-PERP-INTX357.670.0016get 0.0002% / 1h13m 38s$522K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Polymarket 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
−$7.14
Price spread: −0.008% → −0.061%
$5.23
Slippage, 4 orders
−$10.79
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$30.7
Costs to cover
0.288%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 39 min ago; Coinbase International: live order book, 5 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 Polymarket Perps live order book, 39 min ago1.68 bp7.5 bp −$78.4 bp −$849.5 bp −$955doesn't fit
Sell Coinbase International live order book, 5 min ago2.38 bp7.4 bp −$710.1 bp −$101doesn'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_USDT0.0000%8h357.79+0.025%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.96+0.073%$17.5M$9.7M100xas long as short
SunX GOOGL-USDT0.0000%8h358.04+0.095%$2K$4.1M20xas long as short
HTX GOOGL-USDT0.0000%8h358.00+0.084%$115K$217K30xas long as short
Phemex GOOGLUSDT0.0000%4h358.00+0.084%$2.7M$86K10xas long as short
Coinbase International GOOGL-PERP-INTXshort+0.0016%1h357.67−0.008%$522K$1.1M10x
Nado GOOGL-PERP+0.0017%1h357.700.000%$558K$86K20xas long as short
Aftermath Perps GOOGLUSD+0.0022%1h357.79+0.024%$144K$48K10xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0030%1h357.66−0.011%$24K$156K10xas long as short
Lighter RH GOOGL+0.0032%1h357.91+0.059%$1.3M$2.1M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT GOOGL_USDT_Perp+0.0033%8h358.02+0.089%$24K$444K10xas long as short
Variational Omni GOOGL+0.0033%8h357.99+0.082%$4.8M$2.4Mas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.162%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.71+0.003%$208K$279K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.92+0.062%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.69−0.003%$99.2M$20.7M20xas long as short
Polymarket Perps GOOG-USDlong+0.0050%1h357.70long leg$686K$429K10x
SoDEX GOOGL-USD+0.0050%1h357.71+0.003%$148$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.58−0.034%$2.3M$4.9M15xas long as short
QFEX GOOGL-USD+0.0064%1h357.89+0.053%$1.3M$4.2M10xas long as short
Paradex GOOGL-USD-PERP+0.0068%8h357.81+0.032%$293$2535xas long as short
OKX GOOGL-USDT-SWAP+0.0082%8h357.85+0.042%$13.8M$12.5M50xas long as short
Hotstuff GOOGL-PERP+0.0088%1h357.81+0.031%$33K20xas long as short
Aster GOOGLUSDT+0.0090%8h357.72+0.005%$366K$426K20xas long as short
Pacifica GOOGL+0.0100%1h357.89+0.054%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.51−0.053%$3.0M$106K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.700.000%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.82+0.034%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.83+0.037%$25K10xas long as short
Binance GOOGLUSDT+0.0109%8h357.92+0.062%$72.6M$142.6M50xas long as short
Extended GOOGL-USD+0.0112%1h357.81+0.030%$419K$1.2M20xas long as short
Phoenix GOOGL+0.0179%1h357.75+0.014%$138K$36K20xas long as short
Lighter GOOGL+0.0208%1h357.91+0.059%$2.0M$1.3M20xas long as short
BloFin GOOGL-USDT+0.0229%8h358.03+0.092%$694K$235K20xas long as short
Bybit GOOGLUSDT+0.0247%8h358.02+0.089%$12.1M$7.5M100xas long as short
edgeX GOOGLUSDC+0.0533%4h357.99+0.081%$209K$1.2M10xas long as short