Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0007%/8h= −0.7% APRpaid last 24h +0.011%

Price spread now: Binance against Hotstuff+0.151%7-day average — · you sell dearer than you buy

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

Long on Hotstuff Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.151% dearer against Hotstuff than usual: you sell high and buy low, +$15 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff GOOGL-PERP	357.21	0.0024	pay 0.0003% / 1h	48m 07s	$33K	—	20x
Short	Binance GOOGLUSDT	357.75	0.0017	get 0.0017% / 8h	7h 48m	$72.2M	$141.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Hotstuff. 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 HotstuffbpFee BinancebpOrdersPrice spread, now +0.151%Rate

Funding earned: −$1.41
Price spread: +0.151% → 0.000%: $15.09
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1.32
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Hotstuff: no order-book sample; Binance: live order book, 10 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Binance live order book, 10 min ago	0.14 bp	5.5 bp −$5	8.7 bp −$87	34.6 bp −$3,462	doesn't fit

Hotstuff: 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	−0.0080%	1h	357.25	+0.011%	$512K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.81	+0.168%	$367K	$422K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.73	+0.146%	$13.5M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.64	+0.120%	$3.6M	$7.0M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.77	+0.157%	$17.3M	$9.6M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.45	+0.066%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.47	+0.072%	$23K	$442K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.81	+0.168%	$1K	$3.9M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.92	+0.199%	$115K	$209K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.63	+0.118%	$2.7M	$88K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GOOGL-USD	+0.0016%	1h	357.62	+0.115%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDTshort	+0.0017%	8h	357.75	+0.151%	$72.2M	$141.5M	50x
Hotstuff GOOGL-PERPlong	+0.0024%	1h	357.21	long leg	$33K	—	20x
Aftermath Perps GOOGLUSD	+0.0028%	1h	357.40	+0.053%	$144K	$44K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.61	+0.112%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.025%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.66	+0.126%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.44	+0.064%	$208K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.68	+0.132%	—	$5K	25x	as long as short
edgeX GOOGLUSDC	+0.0047%	4h	357.38	+0.047%	$209K	$1.2M	10x	as long as short
KuCoin GOOGLUSDTM	+0.0048%	8h	357.24	+0.008%	$3.0M	$130K	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.25	+0.011%	$685K	$415K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.43	+0.062%	$124	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.08	−0.036%	$2.3M	$4.4M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0054%	8h	357.53	+0.089%	$293	$253	5x	as long as short
Nado GOOGL-PERP	+0.0067%	1h	357.40	+0.053%	$550K	$88K	20x	as long as short
BloFin GOOGL-USDT	+0.0071%	8h	357.57	+0.101%	$688K	$234K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0084%	1h	357.48	+0.076%	$98.3M	$21.3M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.01	−0.056%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.37	+0.044%	$42K	$25K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.21	0.000%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.57	+0.101%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.50	+0.082%	$25K	—	10x	as long as short
Bybit GOOGLUSDT	+0.0151%	8h	357.73	+0.146%	$11.5M	$7.7M	100x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0198%	1h	357.55	+0.095%	$24K	$157K	10x	as long as short
Lighter GOOGL	+0.0248%	1h	357.67	+0.129%	$2.0M	$1.3M	20x	as long as short