Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h +0.139%

Price spread now: edgeX against Deribit+0.028%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$300.304% of the position

Long on Deribit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.180%+$18 on $10k

Price spread, last 3 days (all we have)−0.097%−$10 · spread now +0.028%, 7d avg +0.032%

Together, before fees+0.083%+ Points / potential airdropedgeX: Active · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit GOOGL_USDC-PERPETUAL	356.55	0	get 0.0000% / 1h	6m 47s	$23K	$151K	10x
Short	edgeX GOOGLUSDC	356.65	0.0014	get 0.0007% / 4h	1h 06m	$208K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Deribit. 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 DeribitbpFee edgeXbpOrdersPrice spread, now +0.028%Rate

Funding earned: $2.92
Price spread: +0.028% → +0.032%: −$0.33
Slippage, 4 orders: −$14.38
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$27.79
Costs to cover: 0.304%
Break-even: 73.6 days

Slippage from Deribit: live order book, 12 min ago; edgeX: live order book, 2 min ago.

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 Deribit live order book, 12 min ago	0.14 bp	3.6 bp −$4	5.0 bp −$50	doesn't fit	doesn't fit
Sell edgeX live order book, 2 min ago	3.22 bp	8.0 bp −$8	11.3 bp −$113	doesn't fit	doesn't fit

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	−0.048%	$530K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.69	+0.039%	$3.6M	$7.5M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.81	+0.073%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUALlong	0.0000%	1h	356.55	long leg	$23K	$151K	10x
HTX GOOGL-USDT	0.0000%	8h	356.98	+0.121%	$115K	$224K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.88	+0.093%	$2.7M	$64K	10x	as long as short
Hotstuff GOOGL-PERP	+0.0008%	1h	356.53	−0.006%	$33K	—	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0013%	1h	356.34	−0.060%	$144K	$54K	10x	as long as short
edgeX GOOGLUSDCshort	+0.0014%	4h	356.65	+0.028%	$208K	$1.2M	10x
Variational Omni GOOGL	+0.0032%	8h	356.66	+0.030%	$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	+0.107%	$1.4M	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.160%	$128K	$45K	30x	as long as short
GRVT GOOGL_USDT_Perp	+0.0042%	8h	356.65	+0.028%	$23K	$475K	10x	as long as short
QFEX GOOGL-USD	+0.0045%	1h	356.71	+0.045%	$1.3M	$4.8M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.72	+0.048%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.62	+0.020%	$98.1M	$24.6M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.52	−0.008%	$683K	$437K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.56	+0.003%	$184	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.40	−0.042%	$2.3M	$4.9M	15x	as long as short
Bybit GOOGLUSDT	+0.0073%	8h	356.91	+0.101%	$11.5M	$7.7M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0092%	8h	356.84	+0.082%	$293	$253	5x	as long as short
Bitget GOOGLUSDT	+0.0096%	8h	356.89	+0.095%	$16.9M	$9.2M	100x	as long as short
Aster GOOGLUSDT	+0.0098%	8h	356.83	+0.079%	$362K	$455K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.79	+0.067%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.38	−0.048%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.45	−0.028%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.66	+0.031%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.66	+0.030%	$25K	—	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0108%	8h	356.86	+0.087%	$13.9M	$12.9M	50x	as long as short
Binance GOOGLUSDT	+0.0118%	8h	356.90	+0.098%	$73.1M	$142.2M	50x	as long as short
Extended GOOGL-USD	+0.0120%	1h	356.80	+0.071%	$421K	$1.6M	20x	as long as short
Nado GOOGL-PERP	+0.0129%	1h	356.47	−0.023%	$559K	$82K	20x	as long as short
Phoenix GOOGL	+0.0135%	1h	356.64	+0.025%	$137K	$48K	20x	as long as short
Arcus GOOGL-USD	+0.0169%	1h	356.65	+0.028%	$202K	$271K	10x	as long as short
BloFin GOOGL-USDT	+0.0237%	8h	356.66	+0.031%	$689K	$235K	20x	as long as short
Lighter GOOGL	+0.0280%	1h	356.91	+0.101%	$2.0M	$1.0M	20x	as long as short