Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0058%/8h= −6.4% APRpaid last 24h −0.030%

Price spread now: GRVT against ApeX Omni+0.056%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 GRVT

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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT is 0.056% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni GOOGLUSDT	356.45	0.0100	pay 0.0013% / 1h	6m 36s	$21K	$9K	50x
Short	GRVT GOOGL_USDT_Perp	356.65	0.0042	get 0.0042% / 8h	1h 06m	$23K	$475K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$12.18
Price spread: +0.056% → 0.000%: $5.63
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$25.55
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; GRVT: live order book, 11 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 GRVT live order book, 11 min ago	1.96 bp	6.5 bp −$6	8.8 bp −$88	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 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
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.38	−0.020%	$530K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.72	+0.076%	$3.6M	$7.5M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.81	+0.101%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.55	+0.028%	$23K	$151K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.98	+0.149%	$115K	$224K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.88	+0.121%	$2.7M	$64K	10x	as long as short
Hotstuff GOOGL-PERP	+0.0008%	1h	356.57	+0.034%	$33K	—	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0013%	1h	356.34	−0.032%	$144K	$54K	10x	as long as short
edgeX GOOGLUSDC	+0.0014%	4h	356.65	+0.056%	$208K	$1.2M	10x	as long as short
Variational Omni GOOGL	+0.0032%	8h	356.66	+0.058%	$4.6M	$2.5M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH GOOGL	+0.0032%	1h	356.93	+0.135%	$1.4M	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.188%	$128K	$45K	30x	as long as short
GRVT GOOGL_USDT_Perpshort	+0.0042%	8h	356.65	+0.056%	$23K	$475K	10x
QFEX GOOGL-USD	+0.0045%	1h	356.77	+0.090%	$1.3M	$4.8M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.78	+0.093%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.62	+0.048%	$98.1M	$24.6M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.62	+0.048%	$684K	$437K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.56	+0.031%	$184	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.40	−0.014%	$2.3M	$4.9M	15x	as long as short
Bybit GOOGLUSDT	+0.0073%	8h	356.91	+0.129%	$11.5M	$7.7M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0092%	8h	356.84	+0.110%	$293	$253	5x	as long as short
Bitget GOOGLUSDT	+0.0096%	8h	356.89	+0.123%	$16.9M	$9.2M	100x	as long as short
Aster GOOGLUSDT	+0.0098%	8h	356.83	+0.107%	$362K	$455K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.79	+0.095%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.38	−0.020%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDTlong	+0.0100%	1h	356.45	long leg	$21K	$9K	50x
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.66	+0.059%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.66	+0.058%	$25K	—	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0108%	8h	356.86	+0.115%	$13.9M	$12.9M	50x	as long as short
Binance GOOGLUSDT	+0.0118%	8h	356.86	+0.115%	$73.1M	$142.2M	50x	as long as short
Extended GOOGL-USD	+0.0120%	1h	356.79	+0.095%	$421K	$1.6M	20x	as long as short
Nado GOOGL-PERP	+0.0129%	1h	356.63	+0.051%	$560K	$82K	20x	as long as short
Phoenix GOOGL	+0.0135%	1h	356.64	+0.053%	$137K	$48K	20x	as long as short
Arcus GOOGL-USD	+0.0169%	1h	356.65	+0.056%	$202K	$271K	10x	as long as short
BloFin GOOGL-USDT	+0.0237%	8h	356.66	+0.059%	$689K	$235K	20x	as long as short
Lighter GOOGL	+0.0280%	1h	356.91	+0.129%	$2.0M	$1.0M	20x	as long as short