Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0039%/8h= −4.3% APRpaid last 24h 0.000%

Price spread now: Variational Omni against ApeX Omni+0.027%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 Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Variational Omni is 0.027% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni GOOGLUSDT	356.39	0.0100	pay 0.0013% / 1h	21m 05s	$21K	$9K	50x
Short	Variational Omni GOOGL	356.49	0.0061	get 0.0061% / 8h	21m 05s	$4.7M	$2.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.027%Rate

Funding earned: −$8.21
Price spread: +0.027% → 0.000%: $2.72
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$15.49
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; Variational Omni: RFQ quote, 3 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 Variational Omni RFQ quote, 3 min ago	2.62 bp	doesn't fit	4.6 bp −$46	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
Gate GOOGL_USDT	0.0000%	8h	356.39	0.000%	$3.6M	$7.5M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.59	+0.056%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.26	−0.036%	$22K	$152K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.65	+0.073%	$114K	$224K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.64	+0.070%	$2.7M	$66K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0008%	1h	356.40	+0.003%	$530K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0017%	1h	356.37	−0.006%	$144K	$54K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.55	+0.045%	$1.4M	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.205%	$128K	$45K	30x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.49	+0.028%	—	$5K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GOOGL_USDT_Perp	+0.0047%	8h	356.56	+0.048%	$23K	$473K	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.26	−0.036%	$98.2M	$25.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.27	−0.034%	$683K	$437K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.27	−0.034%	$182	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.14	−0.070%	$2.3M	$4.9M	15x	as long as short
QFEX GOOGL-USD	+0.0060%	1h	356.43	+0.011%	$1.3M	$4.9M	10x	as long as short
Variational Omni GOOGLshort	+0.0061%	8h	356.49	+0.027%	$4.7M	$2.6M	—
Paradex GOOGL-USD-PERP	+0.0088%	8h	356.48	+0.026%	$292	$253	5x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.24	−0.042%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.30	−0.025%	$3.0M	$66K	20x	as long as short
ApeX Omni GOOGLUSDTlong	+0.0100%	1h	356.39	long leg	$21K	$9K	50x
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.43	+0.011%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.41	+0.005%	$25K	—	10x	as long as short
Aster GOOGLUSDT	+0.0109%	8h	356.70	+0.087%	$363K	$455K	20x	as long as short
Nado GOOGL-PERP	+0.0111%	1h	356.29	−0.029%	$559K	$82K	20x	as long as short
Bybit GOOGLUSDT	+0.0118%	8h	356.57	+0.051%	$11.5M	$7.8M	100x	as long as short
Bitget GOOGLUSDT	+0.0127%	8h	356.49	+0.028%	$16.8M	$9.3M	100x	as long as short
Extended GOOGL-USD	+0.0128%	1h	356.45	+0.018%	$421K	$1.6M	20x	as long as short
Binance GOOGLUSDT	+0.0131%	8h	356.52	+0.036%	$73.1M	$142.9M	50x	as long as short
Hotstuff GOOGL-PERP	+0.0144%	1h	356.34	−0.014%	$33K	—	20x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.31	−0.022%	$137K	$48K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0172%	8h	356.56	+0.048%	$13.9M	$12.8M	50x	as long as short
Arcus GOOGL-USD	+0.0250%	1h	356.31	−0.022%	$202K	$271K	10x	as long as short
BloFin GOOGL-USDT	+0.0251%	8h	356.54	+0.042%	$692K	$236K	20x	as long as short
Lighter GOOGL	+0.0272%	1h	356.51	+0.034%	$2.1M	$1.1M	20x	as long as short
edgeX GOOGLUSDC	+0.0806%	4h	356.54	+0.043%	$210K	$1.2M	10x	as long as short