Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.028%

Price spread now: Variational Omni against Deribit+0.042%7-day average +0.036% · you sell dearer than you buy

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

Long on Deribit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.099%−$10 on $10k

Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.042%, 7d avg +0.036%

Together, before fees−0.254%+ Points / potential airdropVariational Omni: Active · farm board−$25 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit GOOGL_USDC-PERPETUAL	357.49	0	get 0.0000% / 1h	22m 34s	$24K	$155K	10x
Short	Variational Omni GOOGL	357.64	0	get 0.0000% / 8h	4h 22m	$4.8M	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.042%Rate

Funding earned: $0
Price spread: +0.042% → +0.036%: $0.58
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$6.42
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 36 min ago; Variational Omni: RFQ quote, 2 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 Deribit live order book, 36 min ago	0.14 bp	3.6 bp −$4	5.4 bp −$54	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.63 bp	doesn't fit	5.0 bp −$50	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	−0.0048%	1h	357.54	+0.014%	$526K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	0.0000%	1h	357.50	+0.003%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.63	+0.039%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.78	+0.081%	$17.4M	$9.6M	100x	as long as short
Variational Omni GOOGLshort	0.0000%	8h	357.64	+0.042%	$4.8M	$2.4M	—
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.72	+0.063%	$23K	$434K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.77	+0.078%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUALlong	0.0000%	1h	357.49	long leg	$24K	$155K	10x
HTX GOOGL-USDT	0.0000%	8h	357.87	+0.106%	$115K	$221K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.74	+0.070%	$2.7M	$86K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0018%	1h	357.62	+0.036%	$144K	$49K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.78	+0.081%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.103%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.42	−0.020%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.66	+0.048%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0050%	1h	357.66	+0.048%	$1.3M	$4.2M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.54	+0.014%	$99.1M	$20.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.50	+0.003%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.51	+0.006%	$146	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.31	−0.050%	$2.3M	$4.9M	15x	as long as short
edgeX GOOGLUSDC	+0.0062%	4h	357.64	+0.041%	$209K	$1.2M	10x	as long as short
Aster GOOGLUSDT	+0.0067%	8h	357.89	+0.111%	$366K	$457K	20x	as long as short
Binance GOOGLUSDT	+0.0087%	8h	357.79	+0.085%	$73.0M	$141.2M	50x	as long as short
Extended GOOGL-USD	+0.0088%	1h	357.71	+0.062%	$426K	$1.8M	20x	as long as short
Nado GOOGL-PERP	+0.0090%	1h	357.46	−0.007%	$558K	$81K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.46	−0.009%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.37	−0.034%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.37	−0.034%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.66	+0.048%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.63	+0.039%	$25K	—	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0109%	8h	357.68	+0.053%	$293	$253	5x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.46	−0.008%	$137K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0113%	8h	357.72	+0.064%	$13.8M	$12.4M	50x	as long as short
Bybit GOOGLUSDT	+0.0205%	8h	357.87	+0.106%	$12.0M	$7.6M	100x	as long as short
BloFin GOOGL-USDT	+0.0206%	8h	357.75	+0.073%	$695K	$234K	20x	as long as short
Lighter GOOGL	+0.0280%	1h	357.78	+0.081%	$2.0M	$1.3M	20x	as long as short