Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0012%/8h= +1.4% APRpaid last 24h −0.012%

Price spread now: Paradex against Arcus+0.081%7-day average — · you sell dearer than you buy

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

Long on Arcus Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Paradex is 0.081% dearer against Arcus than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus GOOGL-USD	357.50	0.0040	pay 0.0005% / 1h	29m 04s	$208K	$277K	10x
Short	Paradex GOOGL-USD-PERP	357.79	0.0053	get 0.0053% / 8h	5h 29m	$293	$253	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Arcus. 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 ArcusbpFee ParadexbpOrdersPrice spread, now +0.081%Rate

Funding earned: $2.62
Price spread: +0.081% → 0.000%: $8.1
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Paradex: 2 bp × 2 orders: −$4
Net: $2.22
Costs to cover: 0.085%
Break-even: 1.1 days

Slippage unknown: Arcus: live order book, 34 min ago; Paradex: no order-book sample. 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 Arcus live order book, 34 min ago	2.66 bp	9.1 bp −$9	16.4 bp −$164	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Deribit GOOGL_USDC-PERPETUAL	−0.0086%	1h	357.47	−0.008%	$23K	$154K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0064%	1h	357.46	−0.011%	$524K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0054%	1h	357.67	+0.049%	$558K	$81K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.59	+0.025%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.71	+0.059%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.75	+0.071%	$23K	$437K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.83	+0.092%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.92	+0.117%	$115K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.87	+0.103%	$2.7M	$77K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0003%	1h	357.58	+0.021%	$144K	$50K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit GOOGLUSDT	+0.0015%	8h	357.88	+0.106%	$11.8M	$7.5M	100x	as long as short
Aster GOOGLUSDT	+0.0020%	8h	357.71	+0.057%	$366K	$458K	20x	as long as short
QFEX GOOGL-USD	+0.0028%	1h	357.68	+0.050%	$1.3M	$4.3M	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.81	+0.087%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.106%	$128K	$45K	30x	as long as short
Extended GOOGL-USD	+0.0040%	1h	357.70	+0.056%	$426K	$1.8M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0040%	1h	357.61	+0.031%	$33K	—	20x	as long as short
Binance GOOGLUSDT	+0.0040%	8h	357.73	+0.065%	$72.9M	$141.2M	50x	as long as short
Arcus GOOGL-USDlong	+0.0040%	1h	357.50	long leg	$208K	$277K	10x
Vest GOOGL-USD-PERP	+0.0046%	1h	357.88	+0.106%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.54	+0.011%	$99.1M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.48	−0.006%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.60	+0.028%	$134	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.49	−0.003%	$2.2M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERPshort	+0.0053%	8h	357.79	+0.081%	$293	$253	5x
Bitget GOOGLUSDT	+0.0076%	8h	357.79	+0.081%	$17.0M	$9.3M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.58	+0.024%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.50	0.000%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.58	+0.022%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.71	+0.059%	$10K	$10K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	357.83	+0.092%	$2.1M	$1.2M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.64	+0.041%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.71	+0.059%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0112%	8h	357.78	+0.078%	$13.8M	$12.4M	50x	as long as short
BloFin GOOGL-USDT	+0.0160%	8h	357.69	+0.053%	$697K	$234K	20x	as long as short
edgeX GOOGLUSDC	+0.0514%	4h	357.77	+0.074%	$209K	$1.2M	10x	as long as short