Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0066%/8h= −7.3% APRpaid last 24h +0.010%

Price spread now: Binance against ApeX Omni+0.121%49s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Binance

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Binance is 0.121% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.121% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.1 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni GOOGLUSDT	355.88	0.0100	pay 0.0013% / 1h	0m 43s	$21K	$9K	50x
Short	Binance GOOGLUSDT	356.31	0.0034	get 0.0034% / 8h	2h 00m	$72.9M	$141.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. 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

Position, each leg$Hold fordaysFee ApeX OmnibpFee BinancebpOrdersPrice spread, now +0.121%Rate

Funding earned: −$13.93
Price spread: +0.121% → 0.000%: $12.08
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$21.84
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; Binance: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni no order-book sample	—	—	—	—	—
Sell Binance live order book, 12 min ago	0.14 bp	6.1 bp −$6	9.3 bp −$93	24.6 bp −$2,459	doesn't fit

ApeX Omni: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff GOOGL-PERP	−0.0056%	1h	356.08	+0.056%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0032%	1h	355.79	−0.025%	$523K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.22	+0.096%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.24	+0.101%	$4.6M	$2.6M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.19	+0.086%	$23K	$507K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.30	+0.118%	$994	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.41	+0.149%	$114K	$224K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.28	+0.112%	$2.7M	$64K	10x	as long as short
Bybit GOOGLUSDT	+0.0002%	8h	356.37	+0.138%	$11.5M	$7.7M	100x	as long as short
Aster GOOGLUSDT	+0.0009%	8h	356.44	+0.158%	$362K	$455K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0017%	1h	356.06	+0.051%	$144K	$55K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.31	+0.121%	$1.4M	$2.6M	20x	as long as short
Extended GOOGL-USD	+0.0032%	1h	356.26	+0.107%	$422K	$1.6M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.348%	$128K	$45K	30x	as long as short
Binance GOOGLUSDTshort	+0.0034%	8h	356.31	+0.121%	$72.9M	$141.8M	50x
QFEX GOOGL-USD	+0.0043%	1h	356.20	+0.090%	$1.3M	$4.7M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.21	+0.093%	—	$5K	25x	as long as short
OKX GOOGL-USDT-SWAP	+0.0048%	8h	356.36	+0.135%	$13.8M	$12.9M	50x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.08	+0.056%	$98.0M	$25.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.09	+0.059%	$683K	$438K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.09	+0.059%	$192	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	355.99	+0.031%	$2.3M	$5.0M	15x	as long as short
edgeX GOOGLUSDC	+0.0052%	4h	356.27	+0.109%	$208K	$1.2M	10x	as long as short
Bitget GOOGLUSDT	+0.0058%	8h	356.34	+0.129%	$16.9M	$9.3M	100x	as long as short
Arcus GOOGL-USD	+0.0071%	1h	356.09	+0.059%	$202K	$270K	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0078%	8h	356.29	+0.116%	$292	$253	5x	as long as short
Nado GOOGL-PERP	+0.0096%	1h	355.94	+0.018%	$556K	$81K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	355.91	+0.009%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	355.85	−0.008%	$3.0M	$68K	20x	as long as short
ApeX Omni GOOGLUSDTlong	+0.0100%	1h	355.88	long leg	$21K	$9K	50x
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.20	+0.090%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.19	+0.087%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	355.95	+0.020%	$137K	$48K	20x	as long as short
BloFin GOOGL-USDT	+0.0125%	8h	356.15	+0.076%	$690K	$235K	20x	as long as short
Lighter GOOGL	+0.0208%	1h	356.31	+0.121%	$2.0M	$1.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0228%	1h	356.18	+0.084%	$22K	$151K	10x	as long as short