Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against Gate−0.025%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 SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.025% cheaper against Gate than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 40 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GOOGL_USDT	357.86	0	get 0.0000% / 8h	3h 22m	$3.6M	$7.4M	100x
Short	SoDEX GOOGL-USD	357.77	0.0050	get 0.0006% / 1h	22m 00s	$150	$46K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.025%Rate

Funding earned: $10.5
Price spread: −0.025% → 0.000%: −$2.51
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$15.01
Costs to cover: 0.230%
Break-even: 17.0 days

Slippage unknown: Gate: live order book, 1 min ago; SoDEX: 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	2.23 bp	10.4 bp −$10	19.9 bp −$199	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Gate GOOGL_USDTlong	0.0000%	8h	357.86	long leg	$3.6M	$7.4M	100x
Bitget GOOGLUSDT	0.0000%	8h	358.00	+0.039%	$17.5M	$9.6M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.96	+0.028%	$2K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.61	−0.070%	$24K	$155K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.00	+0.039%	$115K	$218K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.02	+0.045%	$2.7M	$85K	10x	as long as short
Hotstuff GOOGL-PERP	+0.0008%	1h	357.75	−0.031%	$33K	—	20x	as long as short
Nado GOOGL-PERP	+0.0009%	1h	357.69	−0.047%	$558K	$83K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.67	−0.053%	$522K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0022%	1h	357.67	−0.054%	$144K	$47K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GOOGL_USDT_Perp	+0.0024%	8h	357.91	+0.013%	$23K	$442K	10x	as long as short
Variational Omni GOOGL	+0.0025%	8h	357.78	−0.023%	$4.8M	$2.4M	—	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.95	+0.025%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.207%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.61	−0.070%	$208K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.92	+0.017%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.78	−0.022%	$99.3M	$20.6M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.66	−0.056%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USDshort	+0.0050%	1h	357.77	−0.025%	$150	$46K	10x
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.58	−0.078%	$2.2M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0055%	8h	357.85	−0.002%	$293	$253	5x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.86	0.000%	$1.3M	$4.2M	10x	as long as short
Aster GOOGLUSDT	+0.0084%	8h	357.77	−0.024%	$366K	$426K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0084%	8h	357.98	+0.034%	$13.8M	$12.5M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.92	+0.016%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.44	−0.117%	$3.0M	$102K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.64	−0.061%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.79	−0.020%	$10K	$11K	20x	as long as short
Binance GOOGLUSDT	+0.0103%	8h	358.01	+0.042%	$72.4M	$142.3M	50x	as long as short
Extended GOOGL-USD	+0.0104%	1h	357.88	+0.007%	$419K	$1.5M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.81	−0.013%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.79	−0.020%	$138K	$36K	20x	as long as short
Lighter GOOGL	+0.0192%	1h	357.93	+0.020%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0223%	8h	357.97	+0.031%	$693K	$234K	20x	as long as short
Bybit GOOGLUSDT	+0.0236%	8h	358.11	+0.070%	$12.1M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0690%	4h	357.78	−0.021%	$209K	$1.2M	10x	as long as short