Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0081%/8h= +8.8% APRpaid last 24h +0.187%

Price spread now: edgeX against HTX+0.017%7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$330.335% of the position

Long on HTX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.149%+$15 on $10k

Price spread, last 4 days (all we have)−0.374%−$37 · spread now +0.017%, 7d avg −0.050%

Together, before fees−0.225%+ Points / potential airdropedgeX: Active · farm board−$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and edgeX is 0.066% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX GOOGL-USDT	357.58	0	get 0.0000% / 8h	7h 33m	$115K	$209K	30x
Short	edgeX GOOGLUSDC	357.64	0.0081	get 0.0040% / 4h	3h 33m	$209K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against HTX. 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 HTXbpFee edgeXbpOrdersPrice spread, now +0.017%Rate

Funding earned: $16.96
Price spread: +0.017% → −0.050%: $6.62
Slippage, 4 orders: −$12.47
Fee HTX: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$9.9
Costs to cover: 0.335%
Break-even: 11.1 days

Slippage from HTX: live order book, 63 min ago; edgeX: live order book, 6 min ago.

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 HTX live order book, 63 min ago	2.80 bp	8.8 bp −$9	10.6 bp −$106	doesn't fit	doesn't fit
Sell edgeX live order book, 6 min ago	3.22 bp	8.0 bp −$8	11.2 bp −$112	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	−0.0080%	1h	357.28	−0.084%	$517K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.71	+0.035%	$366K	$423K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.55	−0.008%	$13.5M	$12.9M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.36	−0.062%	$3.6M	$7.1M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.55	−0.008%	$17.3M	$9.6M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.63	+0.013%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.65	+0.019%	$23K	$433K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.48	−0.028%	$1K	$3.9M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.24	−0.095%	$24K	$148K	10x	as long as short
HTX GOOGL-USDTlong	0.0000%	8h	357.58	long leg	$115K	$209K	30x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex GOOGLUSDT	0.0000%	4h	357.81	+0.064%	$2.7M	$91K	10x	as long as short
Binance GOOGLUSDT	+0.0024%	8h	357.49	−0.025%	$72.4M	$141.6M	50x	as long as short
Extended GOOGL-USD	+0.0024%	1h	357.40	−0.051%	$424K	$2.5M	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0030%	1h	357.53	−0.014%	$144K	$44K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.42	−0.045%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.129%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.41	−0.048%	$1.2M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.25	−0.092%	$209K	$280K	10x	as long as short
Bybit GOOGLUSDT	+0.0041%	8h	357.50	−0.022%	$11.5M	$7.5M	100x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.61	+0.008%	—	$5K	25x	as long as short
Nado GOOGL-PERP	+0.0050%	1h	357.27	−0.088%	$550K	$88K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.30	−0.078%	$98.3M	$21.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.18	−0.112%	$685K	$415K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.31	−0.076%	$116	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.32	−0.073%	$2.3M	$4.1M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0058%	8h	357.54	−0.013%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0058%	8h	357.18	−0.112%	$3.0M	$146K	20x	as long as short
edgeX GOOGLUSDCshort	+0.0081%	4h	357.64	+0.017%	$209K	$1.2M	10x
Phoenix GOOGL	+0.0090%	1h	357.55	−0.008%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0095%	8h	357.57	−0.003%	$686K	$234K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.34	−0.067%	$42K	$26K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.37	−0.059%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.40	−0.050%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.35	−0.063%	$25K	—	10x	as long as short
Hotstuff GOOGL-PERP	+0.0200%	1h	357.34	−0.067%	$33K	—	20x	as long as short
Lighter GOOGL	+0.0216%	1h	357.48	−0.028%	$2.0M	$1.3M	20x	as long as short