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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0018%/8h= −1.9% APRnext payment $0.02 per $10,000 · paid last 24h +0.002%
Price spread now: Aftermath Perps against QFEX−0.093%50s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.395% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.037%−$4 on $10k
Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.093%, 7d avg −0.045%
Together, before fees+0.012%+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aftermath Perps is 0.048% cheaper against QFEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.045%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX GOOGL-USD356.930.0038pay 0.0005% / 1h25m 28s$1.2M$4.2M10x
ShortAftermath Perps GOOGLUSD356.600.0020get 0.0003% / 1h25m 28s$144K$46K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against QFEX. 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
−$3.73
Price spread: −0.093% → −0.045%
−$4.81
Slippage, 4 orders
−$20.54
Fee QFEX: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$48.08
Costs to cover
0.395%
Break-even
never at this rate
Slippage from QFEX: live order book, 8 min ago; Aftermath Perps: live order book, 19 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 QFEX live order book, 8 min ago1.40 bp6.4 bp −$66.5 bp −$6513.8 bp −$1,379doesn't fit
Sell Aftermath Perps live order book, 19 min ago3.14 bp8.5 bp −$9doesn't fitdoesn'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
Coinbase International GOOGL-PERP-INTX−0.0024%1h356.60−0.092%$511K$1.1M10xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h356.94+0.003%$13.6M$13.0M50xas long as short
Gate GOOGL_USDT0.0000%8h356.87−0.017%$3.6M$7.5M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.04+0.031%$17.3M$9.8M100xas long as short
Variational Omni GOOGL0.0000%8h356.93+0.001%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.92−0.003%$23K$448K10xas long as short
SunX GOOGL-USDT0.0000%8h356.99+0.017%$1K$4.0M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.76−0.048%$24K$156K10xas long as short
HTX GOOGL-USDT0.0000%8h357.13+0.056%$115K$211K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.07+0.039%$2.7M$87K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps GOOGLUSDshort+0.0020%1h356.60−0.093%$144K$46K10x
Aster GOOGLUSDT+0.0025%8h357.11+0.050%$365K$424K20xas long as short
Nado GOOGL-PERP+0.0029%1h356.84−0.026%$549K$92K20xas long as short
Lighter RH GOOGL+0.0032%1h356.97+0.011%$1.3M$2.1M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.053%$128K$45K30xas long as short
QFEX GOOGL-USDlong+0.0038%1h356.93long leg$1.2M$4.2M10x
Arcus GOOGL-USD+0.0040%1h356.66−0.076%$207K$278K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.10+0.048%$5K25xas long as short
Binance GOOGLUSDT+0.0046%8h357.03+0.027%$72.0M$143.7M50xas long as short
Extended GOOGL-USD+0.0048%1h356.93+0.001%$423K$1.2M20xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.83−0.028%$98.1M$21.4M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.75−0.050%$684K$430K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.83−0.028%$154$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.60−0.092%$2.3M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0053%8h356.97+0.010%$293$2535xas long as short
Hotstuff GOOGL-PERP+0.0088%1h356.83−0.028%$33K20xas long as short
Phoenix GOOGL+0.0090%1h356.69−0.067%$137K$36K20xas long as short
Pacifica GOOGL+0.0100%1h356.94+0.003%$42K$39K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.59−0.095%$3.0M$103K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.82−0.031%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.83−0.028%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.85−0.023%$25K10xas long as short
Lighter GOOGL+0.0128%1h356.98+0.014%$2.0M$1.3M20xas long as short
Bybit GOOGLUSDT+0.0152%8h357.00+0.020%$11.5M$7.9M100xas long as short
BloFin GOOGL-USDT+0.0168%8h356.95+0.006%$690K$236K20xas long as short
edgeX GOOGLUSDC+0.0929%4h356.89−0.012%$208K$1.2M10xas long as short