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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.005%
Price spread now: Hotstuff against QFEX−0.039%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Hotstuff is 0.039% cheaper against QFEX than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX GOOGL-USD357.560.0064pay 0.0008% / 1h6m 09s$1.3M$4.2M10x
ShortHotstuff GOOGL-PERP357.420.0112get 0.0014% / 1h6m 09s$33K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$10.16
Price spread: −0.039% → 0.000%
−$3.92
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
−$8.75
Costs to cover
0.150%
Break-even
13.0 days
Slippage unknown: QFEX: live order book, 7 min ago; Hotstuff: no order-book sample. 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 QFEX live order book, 7 min ago1.68 bp6.7 bp −$77.8 bp −$7813.2 bp −$1,323doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: 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
Gate GOOGL_USDT0.0000%8h357.49−0.020%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.65+0.025%$17.5M$9.7M100xas long as short
SunX GOOGL-USDT0.0000%8h357.64+0.022%$1K$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.35−0.059%$24K$156K10xas long as short
HTX GOOGL-USDT0.0000%8h357.68+0.034%$115K$216K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.68+0.034%$2.7M$87K10xas long as short
Nado GOOGL-PERP+0.0008%1h357.46−0.029%$558K$86K20xas long as short
Coinbase International GOOGL-PERP-INTX+0.0016%1h357.67+0.031%$522K$1.1M10xas long as short
Aftermath Perps GOOGLUSD+0.0022%1h357.50−0.017%$144K$47K10xas long as short
GRVT GOOGL_USDT_Perp+0.0029%8h357.67+0.031%$24K$442K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH GOOGL+0.0032%1h357.61+0.014%$1.3M$2.1M20xas long as short
Variational Omni GOOGL+0.0032%8h357.57+0.002%$4.8M$2.4Mas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.123%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.38−0.050%$207K$279K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.68+0.034%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.39−0.048%$99.2M$20.7M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.38−0.050%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.42−0.039%$157$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.26−0.084%$2.3M$4.9M15xas long as short
QFEX GOOGL-USDlong+0.0064%1h357.56long leg$1.3M$4.2M10x
Paradex GOOGL-USD-PERP+0.0065%8h357.58+0.005%$293$2535xas long as short
OKX GOOGL-USDT-SWAP+0.0070%8h357.560.000%$13.7M$12.5M50xas long as short
Aster GOOGLUSDT+0.0084%8h357.53−0.008%$366K$426K20xas long as short
Pacifica GOOGL+0.0100%1h357.44−0.032%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.49−0.020%$3.0M$106K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.44−0.034%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.48−0.022%$10K$11K20xas long as short
Binance GOOGLUSDT+0.0103%8h357.63+0.020%$72.4M$142.9M50xas long as short
Extended GOOGL-USD+0.0104%1h357.54−0.006%$419K$1.2M20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.51−0.014%$25K10xas long as short
Hotstuff GOOGL-PERPshort+0.0112%1h357.42−0.039%$33K20x
Phoenix GOOGL+0.0179%1h357.46−0.028%$137K$36K20xas long as short
Lighter GOOGL+0.0200%1h357.63+0.020%$2.0M$1.3M20xas long as short
BloFin GOOGL-USDT+0.0224%8h357.62+0.017%$693K$235K20xas long as short
Bybit GOOGLUSDT+0.0241%8h357.74+0.050%$12.0M$7.5M100xas long as short
edgeX GOOGLUSDC+0.0954%4h357.60+0.010%$208K$1.2M10xas long as short