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+0.0061%/8h= +6.7% APRnext payment +$0.61 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.131%54s7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$264as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2722.724% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.079%+$8 on $10k
Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.131%, 7d avg −0.082%
Together, before fees+0.110%+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.050% cheaper against SunX than usual: you would sell low and buy high (spread −0.131% now, against its 7-day average of −0.082%). If the spread goes back, that is −$5 on $10k: about 2.7 days of funding at the current rate (+$2 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX GOOGL-USDT357.460get 0.0000% / 8h32m 28s$1K$4.0M20x
ShortKuCoin GOOGLUSDTM356.990.0061get 0.0061% / 8h32m 28s$3.0M$101K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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
$12.81
Price spread: −0.131% → −0.082%
−$4.99
Slippage, 4 orders
−$252.35
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$264.53
Costs to cover
2.724%
Break-even
151.6 days
Slippage from SunX: live order book, 6 min ago; KuCoin: 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 SunX live order book, 6 min ago44.64 bp49.2 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago6.86 bp86.8 bp −$87doesn'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−0.0048%1h357.09−0.104%$512K$1.1M10xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h357.41−0.014%$13.6M$12.8M50xas long as short
Gate GOOGL_USDT0.0000%8h357.34−0.034%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.53+0.020%$17.3M$9.8M100xas long as short
Variational Omni GOOGL0.0000%8h357.35−0.032%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.40−0.017%$23K$449K10xas long as short
SunX GOOGL-USDTlong0.0000%8h357.46long leg$1K$4.0M20x
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.26−0.056%$24K$157K10xas long as short
HTX GOOGL-USDT0.0000%8h357.58+0.034%$115K$210K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.50+0.011%$2.7M$88K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado GOOGL-PERP+0.0004%1h357.34−0.032%$550K$91K20xas long as short
Aster GOOGLUSDT+0.0013%8h357.46+0.001%$365K$424K20xas long as short
Aftermath Perps GOOGLUSD+0.0023%1h357.27−0.053%$144K$45K10xas long as short
Lighter RH GOOGL+0.0032%1h357.37−0.025%$1.4M$1.9M20xas long as short
Extended GOOGL-USD+0.0032%1h357.36−0.027%$427K$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.095%$128K$45K30xas long as short
Binance GOOGLUSDT+0.0034%8h357.44−0.007%$72.1M$143.4M50xas long as short
QFEX GOOGL-USD+0.0035%1h357.36−0.028%$1.3M$4.1M10xas long as short
Arcus GOOGL-USD+0.0040%1h357.19−0.076%$207K$279K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.53+0.020%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.23−0.064%$98.2M$21.4M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.21−0.070%$685K$430K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.27−0.053%$139$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.13−0.092%$2.3M$4.7M15xas long as short
Paradex GOOGL-USD-PERP+0.0051%8h357.41−0.014%$293$2535xas long as short
KuCoin GOOGLUSDTMshort+0.0061%8h356.99−0.131%$3.0M$101K20x
Pacifica GOOGL+0.0100%1h357.21−0.071%$42K$35K10xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.25−0.059%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.31−0.042%$10K$11K20xas long as short
Bybit GOOGLUSDT+0.0101%8h357.47+0.003%$11.5M$7.9M100xas long as short
Aevo GOOGL-PERP+0.0104%1h357.33−0.036%$25K10xas long as short
Hotstuff GOOGL-PERP+0.0112%1h357.27−0.053%$33K20xas long as short
Phoenix GOOGL+0.0112%1h357.08−0.106%$137K$36K20xas long as short
Lighter GOOGL+0.0136%1h357.43−0.008%$2.0M$1.4M20xas long as short
BloFin GOOGL-USDT+0.0142%8h357.460.000%$688K$236K20xas long as short
edgeX GOOGLUSDC+0.0627%4h357.28−0.050%$208K$1.2M10xas long as short