Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.030%

Price spread now: Variational Omni against Gate+0.040%7-day average +0.004% · you sell dearer than you buy

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

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.032%+$3 on $10k

Price spread, last 7 days−0.044%−$4 · spread now +0.040%, 7d avg +0.004%

Together, before fees−0.013%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.036% dearer against Gate than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GOOGL_USDT	356.26	0	get 0.0000% / 8h	1h 31m	$3.6M	$7.5M	100x
Short	Variational Omni GOOGL	356.40	0	get 0.0000% / 8h	1h 31m	$4.6M	$2.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.040%Rate

Funding earned: $0
Price spread: +0.040% → +0.004%: $3.64
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$11.36
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago	2.39 bp	11.4 bp −$11	20.7 bp −$207	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.61 bp	doesn't fit	4.6 bp −$46	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	−0.0024%	1h	356.19	−0.020%	$530K	$1.1M	10x	as long as short
Gate GOOGL_USDTlong	0.0000%	8h	356.26	long leg	$3.6M	$7.5M	100x
Variational Omni GOOGLshort	0.0000%	8h	356.40	+0.040%	$4.6M	$2.5M	—
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.40	+0.040%	$23K	$486K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.39	+0.036%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.19	−0.020%	$22K	$151K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.48	+0.062%	$114K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.50	+0.067%	$2.7M	$64K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0016%	1h	356.15	−0.031%	$144K	$55K	10x	as long as short
Hotstuff GOOGL-PERP	+0.0024%	1h	356.19	−0.020%	$33K	—	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH GOOGL	+0.0032%	1h	356.45	+0.053%	$1.4M	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.241%	$128K	$45K	30x	as long as short
Bybit GOOGLUSDT	+0.0036%	8h	356.39	+0.036%	$11.5M	$7.7M	100x	as long as short
QFEX GOOGL-USD	+0.0045%	1h	356.29	+0.008%	$1.3M	$4.8M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.43	+0.048%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.17	−0.025%	$98.0M	$25.1M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.20	−0.017%	$683K	$438K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.19	−0.020%	$193	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	355.91	−0.098%	$2.3M	$4.9M	15x	as long as short
Aster GOOGLUSDT	+0.0052%	8h	356.47	+0.060%	$362K	$455K	20x	as long as short
Bitget GOOGLUSDT	+0.0073%	8h	356.40	+0.039%	$16.9M	$9.2M	100x	as long as short
Binance GOOGLUSDT	+0.0077%	8h	356.38	+0.035%	$73.1M	$142.1M	50x	as long as short
Paradex GOOGL-USD-PERP	+0.0077%	8h	356.36	+0.028%	$292	$253	5x	as long as short
Extended GOOGL-USD	+0.0080%	1h	356.30	+0.010%	$421K	$1.6M	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0081%	8h	356.41	+0.042%	$13.8M	$12.8M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.27	+0.003%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	355.99	−0.076%	$3.0M	$68K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.08	−0.051%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.30	+0.011%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.29	+0.007%	$25K	—	10x	as long as short
Nado GOOGL-PERP	+0.0126%	1h	356.14	−0.034%	$558K	$81K	20x	as long as short
Phoenix GOOGL	+0.0135%	1h	356.29	+0.008%	$137K	$48K	20x	as long as short
Arcus GOOGL-USD	+0.0169%	1h	356.19	−0.020%	$202K	$271K	10x	as long as short
BloFin GOOGL-USDT	+0.0195%	8h	356.42	+0.045%	$689K	$235K	20x	as long as short
Lighter GOOGL	+0.0256%	1h	356.45	+0.053%	$2.0M	$1.0M	20x	as long as short
edgeX GOOGLUSDC	+0.0718%	4h	356.39	+0.035%	$208K	$1.2M	10x	as long as short