Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against HTX−0.087%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$430.426% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.045%+$4 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.087%, 7d avg −0.052%

Together, before fees+0.066%+$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.035% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX GOOGL-USDT	357.54	0	get 0.0000% / 8h	2h 15m	$115K	$214K	30x
Short	Gate GOOGL_USDT	357.23	0	get 0.0000% / 8h	2h 15m	$3.6M	$7.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.087%Rate

Funding earned: $0
Price spread: −0.087% → −0.052%: −$3.5
Slippage, 4 orders: −$15.63
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$46.13
Costs to cover: 0.426%
Break-even: never at this rate

Slippage from HTX: live order book, 31 min ago; Gate: live order book, 3 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, 31 min ago	2.80 bp	8.8 bp −$9	10.0 bp −$100	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	2.10 bp	11.4 bp −$11	20.0 bp −$200	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
Deribit GOOGL_USDC-PERPETUAL	−0.0058%	1h	357.04	−0.140%	$24K	$156K	10x	as long as short
Nado GOOGL-PERP	−0.0018%	1h	357.24	−0.083%	$557K	$86K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.37	−0.048%	$13.7M	$12.8M	50x	as long as short
Gate GOOGL_USDTshort	0.0000%	8h	357.23	−0.087%	$3.6M	$7.4M	100x
Bitget GOOGLUSDT	0.0000%	8h	357.37	−0.048%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.30	−0.068%	$4.7M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.37	−0.047%	$23K	$447K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.37	−0.048%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDTlong	0.0000%	8h	357.54	long leg	$115K	$214K	30x
Phemex GOOGLUSDT	0.0000%	4h	357.37	−0.048%	$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
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	356.88	−0.185%	$519K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0020%	1h	357.15	−0.108%	$144K	$47K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.37	−0.048%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.117%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.09	−0.126%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.47	−0.020%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.23	−0.087%	$1.3M	$4.3M	10x	as long as short
Aster GOOGLUSDT	+0.0050%	8h	357.52	−0.006%	$366K	$426K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.16	−0.106%	$98.2M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.12	−0.117%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.17	−0.103%	$164	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.02	−0.145%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0059%	8h	357.36	−0.051%	$293	$253	5x	as long as short
Binance GOOGLUSDT	+0.0070%	8h	357.35	−0.052%	$72.1M	$143.8M	50x	as long as short
Extended GOOGL-USD	+0.0072%	1h	357.27	−0.077%	$422K	$1.2M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.18	−0.101%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.81	−0.204%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.18	−0.101%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.21	−0.092%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.22	−0.088%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0112%	1h	357.37	−0.048%	$2.0M	$1.3M	20x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.16	−0.106%	$137K	$36K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0136%	1h	357.16	−0.106%	$33K	—	20x	as long as short
BloFin GOOGL-USDT	+0.0190%	8h	357.37	−0.048%	$690K	$236K	20x	as long as short
Bybit GOOGLUSDT	+0.0202%	8h	357.48	−0.017%	$12.0M	$7.6M	100x	as long as short
edgeX GOOGLUSDC	+0.0434%	4h	357.34	−0.057%	$208K	$1.2M	10x	as long as short