Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.026%

Price spread now: Pacifica against GRVT−0.051%7-day average — · you buy dearer than you sell

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

Long on GRVT 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 airdropGRVT: Active · Pacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.051% cheaper against GRVT than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 41 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT GOOGL_USDT_Perp	356.43	0	get 0.0000% / 8h	7h 07m	$23K	$455K	10x
Short	Pacifica GOOGL	356.25	0.0100	get 0.0013% / 1h	7m 06s	$42K	$43K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against GRVT. 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 GRVTbpFee PacificabpOrdersPrice spread, now −0.051%Rate

Funding earned: $21
Price spread: −0.051% → 0.000%: −$5.09
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$1.09
Costs to cover: 0.170%
Break-even: 7.4 days

Slippage unknown: GRVT: 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 GRVT live order book, 1 min ago	1.40 bp	6.5 bp −$7	10.9 bp −$109	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
Deribit GOOGL_USDC-PERPETUAL	−0.0143%	1h	356.14	−0.083%	$23K	$153K	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.41	−0.007%	$3.6M	$7.5M	100x	as long as short
GRVT GOOGL_USDT_Perplong	0.0000%	8h	356.43	long leg	$23K	$455K	10x
SunX GOOGL-USDT	0.0000%	8h	356.48	+0.013%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.58	+0.041%	$114K	$226K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.48	+0.013%	$2.7M	$67K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0012%	1h	356.19	−0.067%	$144K	$52K	10x	as long as short
Lighter GOOGL	+0.0032%	1h	356.43	−0.001%	$2.1M	$1.1M	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.52	+0.024%	$1.4M	$2.3M	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0032%	1h	355.85	−0.164%	$528K	$1.1M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.192%	$128K	$45K	30x	as long as short
Variational Omni GOOGL	+0.0035%	8h	356.34	−0.028%	$4.8M	$2.3M	—	as long as short
Nado GOOGL-PERP	+0.0037%	1h	356.29	−0.040%	$556K	$81K	20x	as long as short
Bitget GOOGLUSDT	+0.0037%	8h	356.49	+0.015%	$16.9M	$9.3M	100x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.50	+0.018%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.30	−0.038%	$98.3M	$22.0M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.24	−0.055%	$683K	$441K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.29	−0.041%	$161	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.15	−0.080%	$2.2M	$4.8M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	356.40	−0.010%	$1.3M	$4.7M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0068%	8h	356.45	+0.003%	$292	$253	5x	as long as short
Hotstuff GOOGL-PERP	+0.0072%	1h	356.30	−0.038%	$33K	—	20x	as long as short
Bybit GOOGLUSDT	+0.0081%	8h	356.56	+0.035%	$11.5M	$7.5M	100x	as long as short
Aster GOOGLUSDT	+0.0081%	8h	356.56	+0.035%	$364K	$458K	20x	as long as short
edgeX GOOGLUSDC	+0.0082%	4h	356.41	−0.008%	$209K	$1.2M	10x	as long as short
Pacifica GOOGLshort	+0.0100%	1h	356.25	−0.051%	$42K	$43K	10x
KuCoin GOOGLUSDTM	+0.0100%	8h	356.07	−0.102%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.24	−0.055%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.32	−0.032%	$10K	$10K	20x	as long as short
Binance GOOGLUSDT	+0.0102%	8h	356.49	+0.014%	$72.7M	$142.1M	50x	as long as short
Extended GOOGL-USD	+0.0104%	1h	356.40	−0.010%	$421K	$1.8M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.30	−0.037%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.27	−0.046%	$137K	$48K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0185%	8h	356.48	+0.013%	$13.8M	$12.7M	50x	as long as short
BloFin GOOGL-USDT	+0.0222%	8h	356.50	+0.018%	$690K	$234K	20x	as long as short
Arcus GOOGL-USD	+0.0306%	1h	356.22	−0.060%	$202K	$271K	10x	as long as short