Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0599%/8h= −65.6% APRpaid last 24h −0.157%

Price spread now: Pacifica against edgeX+0.011%52s7-day average — · you sell dearer than you buy

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

Long on edgeX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$18 a day on $10k at the current rate. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX GOOGLUSDC	358.59	0.0699	pay 0.0349% / 4h	3h 02m	$209K	$1.2M	10x
Short	Pacifica GOOGL	358.63	0.0100	get 0.0013% / 1h	2m 34s	$42K	$25K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against edgeX. 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 edgeXbpFee PacificabpOrdersPrice spread, now +0.011%Rate

Funding earned: −$125.76
Price spread: +0.011% → 0.000%: $1.08
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$141.67
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 1 min ago; Pacifica: 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 edgeX live order book, 1 min ago	3.49 bp	8.2 bp −$8	11.4 bp −$114	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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	−0.0080%	1h	357.26	−0.371%	$513K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	358.67	+0.023%	$13.5M	$13.5M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.53	−0.017%	$3.7M	$7.2M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.74	+0.042%	$17.4M	$9.4M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	358.63	+0.010%	$4.8M	$2.4M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.65	+0.017%	$1K	$3.9M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	358.43	−0.044%	$24K	$149K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.78	+0.053%	$115K	$213K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.73	+0.039%	$2.7M	$93K	10x	as long as short
Aster GOOGLUSDT	+0.0007%	8h	358.49	−0.028%	$368K	$423K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GOOGLUSDT	+0.0024%	8h	358.68	+0.025%	$72.8M	$142.6M	50x	as long as short
Extended GOOGL-USD	+0.0024%	1h	358.55	−0.012%	$424K	$2.5M	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0027%	1h	358.07	−0.143%	$145K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.63	+0.011%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.410%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	358.56	−0.008%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	358.47	−0.033%	$211K	$283K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	358.82	+0.064%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	358.47	−0.033%	$98.1M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	358.44	−0.042%	$686K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	358.46	−0.036%	$127	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.91	−0.189%	$2.3M	$4.0M	15x	as long as short
GRVT GOOGL_USDT_Perp	+0.0055%	8h	358.67	+0.024%	$24K	$449K	10x	as long as short
Nado GOOGL-PERP	+0.0055%	1h	358.61	+0.005%	$551K	$81K	20x	as long as short
Bybit GOOGLUSDT	+0.0065%	8h	358.69	+0.028%	$11.5M	$7.4M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0065%	8h	358.62	+0.008%	$294	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0079%	8h	358.32	−0.075%	$3.0M	$176K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	358.42	−0.047%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0094%	8h	358.64	+0.014%	$686K	$237K	20x	as long as short
Pacifica GOOGLshort	+0.0100%	1h	358.63	+0.011%	$42K	$25K	10x
ApeX Omni GOOGLUSDT	+0.0100%	1h	358.34	−0.070%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.58	−0.003%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	358.46	−0.036%	$25K	—	10x	as long as short
Hotstuff GOOGL-PERP	+0.0144%	1h	358.47	−0.033%	$33K	—	20x	as long as short
Lighter GOOGL	+0.0184%	1h	358.67	+0.023%	$2.0M	$1.5M	20x	as long as short
edgeX GOOGLUSDClong	+0.0699%	4h	358.59	long leg	$209K	$1.2M	10x