Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0015%/8h= +1.7% APRpaid last 24h 0.000%

Price spread now: Paradex against Hotstuff+0.010%114s7-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 Paradex

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 · Paradex: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff GOOGL-PERP	356.95	0.0040	pay 0.0005% / 1h	49m 41s	$33K	—	20x
Short	Paradex GOOGL-USD-PERP	356.98	0.0055	get 0.0055% / 8h	1h 49m	$293	$253	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.010%Rate

Funding earned: $3.19
Price spread: +0.010% → 0.000%: $0.95
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$4.86
Costs to cover: 0.090%
Break-even: 17.7 days

Slippage unknown: Hotstuff: no order-book sample; Paradex: 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Hotstuff and Paradex: 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	−0.0024%	1h	356.88	−0.020%	$519K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	356.98	+0.008%	$13.7M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.98	+0.008%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.21	+0.073%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.10	+0.041%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.18	+0.064%	$24K	$444K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.15	+0.056%	$2K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.80	−0.042%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.10	+0.042%	$115K	$212K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.25	+0.084%	$2.7M	$87K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado GOOGL-PERP	+0.0002%	1h	356.93	−0.007%	$554K	$88K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0026%	1h	357.22	+0.076%	$144K	$46K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.01	+0.017%	$1.4M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.048%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0038%	1h	357.03	+0.022%	$1.2M	$4.2M	10x	as long as short
Aster GOOGLUSDT	+0.0040%	8h	357.19	+0.068%	$365K	$424K	20x	as long as short
Hotstuff GOOGL-PERPlong	+0.0040%	1h	356.95	long leg	$33K	—	20x
Arcus GOOGL-USD	+0.0040%	1h	356.89	−0.017%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.20	+0.070%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.82	−0.036%	$98.1M	$21.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.95	0.000%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.90	−0.014%	$158	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.84	−0.031%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERPshort	+0.0055%	8h	356.98	+0.010%	$293	$253	5x
Binance GOOGLUSDT	+0.0060%	8h	357.07	+0.033%	$72.1M	$143.6M	50x	as long as short
Extended GOOGL-USD	+0.0064%	1h	356.99	+0.012%	$422K	$1.2M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.93	−0.006%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.85	−0.027%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.63	−0.090%	$3.0M	$103K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.99	+0.011%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.90	−0.014%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.00	+0.015%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0176%	1h	357.07	+0.034%	$2.0M	$1.3M	20x	as long as short
Bybit GOOGLUSDT	+0.0179%	8h	357.11	+0.045%	$12.0M	$7.5M	100x	as long as short
BloFin GOOGL-USDT	+0.0181%	8h	357.15	+0.056%	$690K	$235K	20x	as long as short
edgeX GOOGLUSDC	+0.0703%	4h	357.11	+0.045%	$208K	$1.2M	10x	as long as short