Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: SunX against ApeX Omni+0.048%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 SunX

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. SunX is 0.048% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 38 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni GOOGLUSDT	357.03	0.0100	pay 0.0013% / 1h	45m 24s	$36K	$17K	50x
Short	SunX GOOGL-USDT	357.20	0	get 0.0000% / 8h	4h 45m	$2K	$3.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$21
Price spread: +0.048% → 0.000%: $4.76
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$34.24
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; SunX: live order book, 6 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 SunX live order book, 6 min ago	44.89 bp	49.4 bp −$49	doesn't fit	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 exchanges

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	−0.0072%	1h	357.34	+0.087%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0016%	1h	357.07	+0.011%	$529K	$1.2M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.15	+0.034%	$11.6M	$7.7M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.14	+0.031%	$13.4M	$13.9M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.06	+0.008%	$3.7M	$6.3M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.19	+0.045%	$17.4M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.05	+0.007%	$4.9M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.28	+0.069%	$12K	$461K	10x	as long as short
SunX GOOGL-USDTshort	0.0000%	8h	357.20	+0.048%	$2K	$3.6M	20x
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.95	−0.022%	$29K	$150K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX GOOGL-USDT	0.0000%	8h	357.30	+0.076%	$115K	$212K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.36	+0.092%	$2.7M	$116K	10x	as long as short
Aster GOOGLUSDT	+0.0024%	8h	357.18	+0.043%	$367K	$420K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0032%	1h	357.10	+0.019%	$144K	$42K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.20	+0.048%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.025%	$128K	$45K	30x	as long as short
Extended GOOGL-USD	+0.0040%	1h	357.07	+0.013%	$423K	$2.9M	20x	as long as short
Binance GOOGLUSDT	+0.0043%	8h	357.20	+0.048%	$72.9M	$145.9M	50x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.24	+0.059%	—	$5K	25x	as long as short
Nado GOOGL-PERP	+0.0046%	1h	357.01	−0.007%	$549K	$86K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.97	−0.017%	$97.9M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.06	+0.008%	$719K	$519K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.97	−0.017%	$104	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.75	−0.078%	$2.3M	$3.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0057%	8h	357.09	+0.018%	$293	$253	5x	as long as short
QFEX GOOGL-USD	+0.0066%	1h	357.15	+0.034%	$1.3M	$4.0M	10x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.09	+0.018%	$42K	$17K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.89	−0.039%	$3.0M	$325K	20x	as long as short
ApeX Omni GOOGLUSDTlong	+0.0100%	1h	357.03	long leg	$36K	$17K	50x
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.06	+0.008%	$10K	$11K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	357.14	+0.031%	$2.0M	$2.2M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.98	−0.013%	$25K	—	10x	as long as short
BloFin GOOGL-USDT	+0.0166%	8h	357.22	+0.053%	$694K	$230K	20x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.02	−0.003%	$137K	$60K	20x	as long as short
Arcus GOOGL-USD	+0.0303%	1h	356.98	−0.014%	$212K	$217K	10x	as long as short
edgeX GOOGLUSDC	+0.0315%	4h	357.18	+0.043%	$208K	$1.2M	10x	as long as short