Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h −0.002%

Price spread now: Bitget against ApeX Omni+0.050%7-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 Bitget

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. Bitget is 0.050% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni GOOGLUSDT	357.00	0.0100	pay 0.0013% / 1h	2m 52s	$22K	$10K	50x
Short	Bitget GOOGLUSDT	357.18	0.0020	get 0.0020% / 8h	6h 02m	$17.0M	$9.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$16.8
Price spread: +0.050% → 0.000%: $5.04
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$33.76
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; Bitget: live order book, 1 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 Bitget live order book, 1 min ago	0.56 bp	7.3 bp −$7	11.0 bp −$110	doesn't fit	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 35 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
Deribit GOOGL_USDC-PERPETUAL	−0.0226%	1h	356.85	−0.042%	$23K	$154K	10x	as long as short
Nado GOOGL-PERP	−0.0028%	1h	357.06	+0.016%	$557K	$80K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.86	−0.039%	$523K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.09	+0.025%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.13	+0.037%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.19	+0.054%	$23K	$436K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.15	+0.042%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.24	+0.067%	$115K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.27	+0.076%	$2.7M	$73K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0008%	1h	357.06	+0.017%	$144K	$50K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GOOGLUSDTshort	+0.0020%	8h	357.18	+0.050%	$17.0M	$9.3M	100x
Lighter RH GOOGL	+0.0032%	1h	357.20	+0.056%	$1.3M	$2.4M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.034%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.10	+0.028%	$1.3M	$4.4M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.95	−0.014%	$202K	$272K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.29	+0.081%	—	$5K	25x	as long as short
Aster GOOGLUSDT	+0.0048%	8h	357.09	+0.024%	$365K	$458K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.03	+0.008%	$98.9M	$22.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.86	−0.039%	$684K	$431K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.03	+0.008%	$149	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.80	−0.056%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0056%	8h	357.18	+0.051%	$293	$253	5x	as long as short
Bybit GOOGLUSDT	+0.0064%	8h	357.21	+0.059%	$11.6M	$7.4M	100x	as long as short
Binance GOOGLUSDT	+0.0068%	8h	357.16	+0.045%	$72.8M	$141.3M	50x	as long as short
Extended GOOGL-USD	+0.0072%	1h	357.07	+0.020%	$421K	$1.8M	20x	as long as short
Lighter GOOGL	+0.0088%	1h	357.21	+0.059%	$2.1M	$1.2M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.02	+0.006%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.97	−0.007%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.80	−0.056%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDTlong	+0.0100%	1h	357.00	long leg	$22K	$10K	50x
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.06	+0.017%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.01	+0.003%	$25K	—	10x	as long as short
Hotstuff GOOGL-PERP	+0.0128%	1h	357.02	+0.006%	$33K	—	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0153%	8h	357.18	+0.050%	$13.8M	$12.4M	50x	as long as short
edgeX GOOGLUSDC	+0.0570%	4h	357.13	+0.035%	$208K	$1.2M	10x	as long as short