Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: Pacifica against Gate−0.003%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropPacifica: 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: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GOOGL_USDT	355.92	0	get 0.0000% / 8h	2h 27m	$3.6M	$7.4M	100x
Short	Pacifica GOOGL	355.91	0.0100	get 0.0013% / 1h	27m 03s	$43K	$42K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Gate. 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 GatebpFee PacificabpOrdersPrice spread, now −0.003%Rate

Funding earned: $21
Price spread: −0.003% → 0.000%: −$0.28
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$2.28
Costs to cover: 0.230%
Break-even: 7.8 days

Slippage unknown: Gate: 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 Gate live order book, 1 min ago	1.83 bp	13.1 bp −$13	21.2 bp −$212	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	−0.0032%	1h	355.76	−0.045%	$523K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	355.88	−0.011%	$361K	$455K	20x	as long as short
Extended GOOGL-USD	0.0000%	1h	355.94	+0.006%	$422K	$1.6M	20x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	356.09	+0.048%	$11.5M	$7.7M	100x	as long as short
Gate GOOGL_USDTlong	0.0000%	8h	355.92	long leg	$3.6M	$7.4M	100x
Variational Omni GOOGL	0.0000%	8h	356.04	+0.033%	$4.3M	$2.3M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.02	+0.029%	$23K	$513K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.01	+0.025%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	355.97	+0.014%	$22K	$150K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.05	+0.037%	$114K	$223K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex GOOGLUSDT	0.0000%	4h	356.09	+0.048%	$2.7M	$63K	10x	as long as short
Binance GOOGLUSDT	+0.0004%	8h	355.98	+0.017%	$72.7M	$141.0M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0014%	1h	355.96	+0.011%	$144K	$55K	10x	as long as short
BloFin GOOGL-USDT	+0.0015%	8h	356.00	+0.022%	$689K	$235K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0017%	8h	356.02	+0.028%	$13.8M	$12.9M	50x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.05	+0.037%	$1.4M	$2.6M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.337%	$128K	$45K	30x	as long as short
Hotstuff GOOGL-PERP	+0.0040%	1h	355.90	−0.006%	$33K	—	20x	as long as short
QFEX GOOGL-USD	+0.0043%	1h	355.92	0.000%	$1.3M	$4.7M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.17	+0.070%	—	$3K	25x	as long as short
Bitget GOOGLUSDT	+0.0046%	8h	356.01	+0.025%	$17.0M	$9.1M	100x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	355.89	−0.008%	$97.9M	$25.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	355.86	−0.017%	$682K	$438K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	355.89	−0.008%	$193	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	355.73	−0.053%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0056%	8h	356.00	+0.022%	$292	$253	5x	as long as short
Nado GOOGL-PERP	+0.0067%	1h	355.87	−0.015%	$556K	$81K	20x	as long as short
Arcus GOOGL-USD	+0.0071%	1h	355.88	−0.011%	$201K	$303K	10x	as long as short
Pacifica GOOGLshort	+0.0100%	1h	355.91	−0.003%	$43K	$42K	10x
KuCoin GOOGLUSDTM	+0.0100%	8h	355.63	−0.081%	$3.0M	$68K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	355.89	−0.008%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	355.91	−0.003%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	355.87	−0.014%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	355.94	+0.006%	$137K	$48K	20x	as long as short
Lighter GOOGL	+0.0168%	1h	356.07	+0.042%	$2.0M	$1.0M	20x	as long as short
edgeX GOOGLUSDC	+0.0359%	4h	356.03	+0.032%	$207K	$1.2M	10x	as long as short