Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.021%

Price spread now: HTX against Hotstuff+0.123%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 HTX

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: HTX is 0.123% dearer against Hotstuff than usual: you sell high and buy low, +$12 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	356.57	0	get 0.0000% / 1h	21m 49s	$33K	—	20x
Short	HTX GOOGL-USDT	357.01	0	get 0.0000% / 8h	7h 21m	$114K	$209K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.123%Rate

Funding earned: $0
Price spread: +0.123% → 0.000%: $12.34
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$4.66
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; HTX: 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 HTX live order book, 10 min ago	2.80 bp	8.8 bp −$9	16.0 bp −$160	doesn't fit	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	356.42	−0.042%	$513K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.09	+0.147%	$366K	$423K	20x	as long as short
Extended GOOGL-USD	0.0000%	1h	356.84	+0.075%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDT	0.0000%	8h	357.05	+0.135%	$72.2M	$142.0M	50x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.03	+0.129%	$11.5M	$7.4M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	356.92	+0.098%	$13.5M	$13.2M	50x	as long as short
Hotstuff GOOGL-PERPlong	0.0000%	1h	356.57	long leg	$33K	—	20x
Gate GOOGL_USDT	0.0000%	8h	356.80	+0.065%	$3.6M	$7.1M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	356.94	+0.104%	$17.3M	$9.7M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.77	+0.055%	$4.8M	$2.4M	—	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	0.0000%	8h	356.71	+0.038%	$23K	$441K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.97	+0.112%	$1K	$3.9M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.73	+0.045%	$24K	$149K	10x	as long as short
HTX GOOGL-USDTshort	0.0000%	8h	357.01	+0.123%	$114K	$209K	30x
Phemex GOOGLUSDT	0.0000%	4h	356.81	+0.067%	$2.7M	$91K	10x	as long as short
BloFin GOOGL-USDT	+0.0018%	8h	356.76	+0.053%	$688K	$234K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0029%	1h	356.67	+0.027%	$144K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.98	+0.115%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.154%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	356.95	+0.107%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.70	+0.036%	$209K	$282K	10x	as long as short
Nado GOOGL-PERP	+0.0043%	1h	356.73	+0.046%	$549K	$88K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.94	+0.104%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.78	+0.059%	$98.1M	$21.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.52	−0.014%	$684K	$414K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.59	+0.006%	$123	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.50	−0.020%	$2.2M	$4.0M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0056%	8h	356.86	+0.081%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0058%	8h	356.58	+0.003%	$3.0M	$158K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.60	+0.008%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.86	+0.081%	$42K	$25K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.76	+0.053%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.81	+0.067%	$10K	$12K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.76	+0.055%	$25K	—	10x	as long as short
edgeX GOOGLUSDC	+0.0142%	4h	356.64	+0.020%	$208K	$1.2M	10x	as long as short
Lighter GOOGL	+0.0184%	1h	357.01	+0.123%	$2.0M	$1.3M	20x	as long as short