Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0114%/8h= −12.5% APRpaid last 24h −0.001%

Price spread now: Paradex against Deribit+0.024%7-day average — · you sell dearer than you buy

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

Long on Deribit 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

The price spread pays, funding is against you. Paradex is 0.024% dearer against Deribit than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit GOOGL_USDC-PERPETUAL	356.23	0.0199	pay 0.0025% / 1h	47m 35s	$22K	$151K	10x
Short	Paradex GOOGL-USD-PERP	356.32	0.0085	get 0.0085% / 8h	1h 47m	$292	$253	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$23.94
Price spread: +0.024% → 0.000%: $2.45
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$32.49
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 36 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 Deribit live order book, 36 min ago	0.14 bp	10.3 bp −$10	13.8 bp −$138	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
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.19	−0.011%	$530K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0008%	1h	356.16	−0.020%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.24	+0.003%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.19	−0.010%	$4.6M	$2.5M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.26	+0.008%	$23K	$504K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.44	+0.059%	$1K	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.54	+0.087%	$114K	$224K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.38	+0.042%	$2.7M	$64K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0018%	1h	356.07	−0.046%	$144K	$55K	10x	as long as short
Bybit GOOGLUSDT	+0.0025%	8h	356.43	+0.056%	$11.5M	$7.8M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GOOGLUSDT	+0.0027%	8h	356.45	+0.061%	$362K	$455K	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.40	+0.048%	$1.4M	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.250%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0045%	1h	356.31	+0.022%	$1.3M	$4.8M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.32	+0.025%	—	$5K	25x	as long as short
Extended GOOGL-USD	+0.0048%	1h	356.33	+0.029%	$421K	$1.6M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.18	−0.014%	$683K	$438K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.20	−0.008%	$187	$46K	10x	as long as short
Binance GOOGLUSDT	+0.0050%	8h	356.39	+0.045%	$73.0M	$142.2M	50x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.04	−0.053%	$2.3M	$5.0M	15x	as long as short
tradeXYZ xyz:GOOGL	+0.0059%	1h	356.18	−0.014%	$98.0M	$25.2M	20x	as long as short
Bitget GOOGLUSDT	+0.0065%	8h	356.44	+0.059%	$16.9M	$9.2M	100x	as long as short
OKX GOOGL-USDT-SWAP	+0.0067%	8h	356.39	+0.045%	$13.8M	$12.8M	50x	as long as short
Paradex GOOGL-USD-PERPshort	+0.0085%	8h	356.32	+0.024%	$292	$253	5x
Pacifica GOOGL	+0.0100%	1h	356.02	−0.059%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	355.94	−0.081%	$3.0M	$68K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.05	−0.051%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.24	+0.003%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.24	+0.002%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0135%	1h	356.14	−0.025%	$137K	$48K	20x	as long as short
Nado GOOGL-PERP	+0.0140%	1h	356.05	−0.049%	$557K	$81K	20x	as long as short
BloFin GOOGL-USDT	+0.0167%	8h	356.16	−0.020%	$689K	$235K	20x	as long as short
Arcus GOOGL-USD	+0.0169%	1h	356.15	−0.022%	$202K	$271K	10x	as long as short
Deribit GOOGL_USDC-PERPETUALlong	+0.0199%	1h	356.23	long leg	$22K	$151K	10x
Lighter GOOGL	+0.0256%	1h	356.39	+0.045%	$2.0M	$1.0M	20x	as long as short
edgeX GOOGLUSDC	+0.1000%	4h	356.20	−0.010%	$208K	$1.2M	10x	as long as short