Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h −0.018%

Price spread now: Variational Omni against Extended+0.025%7-day average +0.035% · you sell dearer than you buy

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

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.027%−$3 on $10k

Price spread, last 7 days+0.036%+$4 · spread now +0.025%, 7d avg +0.035%

Together, before fees+0.009%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GOOGL-USD	358.35	0.0024	pay 0.0003% / 1h	0m 48s	$424K	$2.5M	20x
Short	Variational Omni GOOGL	358.44	0	get 0.0000% / 8h	7h 00m	$4.8M	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. 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 ExtendedbpFee Variational OmnibpOrdersPrice spread, now +0.025%Rate

Funding earned: −$5.04
Price spread: +0.025% → +0.035%: −$1
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$11.04
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 3 min ago; Variational Omni: RFQ quote, 3 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 Extended live order book, 3 min ago	0.14 bp	3.5 bp −$4	8.7 bp −$87	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	2.62 bp	doesn't fit	6.4 bp −$64	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	−0.0080%	1h	357.26	−0.304%	$513K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	358.51	+0.045%	$13.5M	$13.5M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.33	−0.006%	$3.6M	$7.2M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.49	+0.039%	$17.3M	$9.4M	100x	as long as short
Variational Omni GOOGLshort	0.0000%	8h	358.44	+0.025%	$4.8M	$2.4M	—
SunX GOOGL-USDT	0.0000%	8h	358.68	+0.092%	$2K	$3.8M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	358.28	−0.020%	$24K	$149K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.68	+0.092%	$115K	$213K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.65	+0.084%	$2.7M	$94K	10x	as long as short
Aster GOOGLUSDT	+0.0007%	8h	358.34	−0.003%	$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
Extended GOOGL-USDlong	+0.0024%	1h	358.35	long leg	$424K	$2.5M	20x
Binance GOOGLUSDT	+0.0024%	8h	358.44	+0.025%	$72.7M	$142.5M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0027%	1h	358.29	−0.018%	$145K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.43	+0.022%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.343%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	358.59	+0.067%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	358.39	+0.011%	$211K	$283K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	358.73	+0.106%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	358.24	−0.031%	$98.0M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	358.37	+0.005%	$686K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	358.36	+0.003%	$127	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	358.37	+0.005%	$2.3M	$4.0M	15x	as long as short
Nado GOOGL-PERP	+0.0053%	1h	358.49	+0.040%	$551K	$81K	20x	as long as short
GRVT GOOGL_USDT_Perp	+0.0055%	8h	358.67	+0.090%	$24K	$449K	10x	as long as short
Bybit GOOGLUSDT	+0.0061%	8h	358.44	+0.025%	$11.5M	$7.4M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0064%	8h	358.61	+0.073%	$294	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0081%	8h	358.19	−0.045%	$3.0M	$178K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	358.48	+0.036%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0097%	8h	358.54	+0.053%	$682K	$237K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	358.64	+0.080%	$42K	$25K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	358.34	−0.003%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.40	+0.014%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	358.39	+0.010%	$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	358.47	+0.033%	$2.0M	$1.6M	20x	as long as short
edgeX GOOGLUSDC	+0.0699%	4h	358.59	+0.067%	$209K	$1.2M	10x	as long as short