Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against HTX−0.134%7-day average −0.137% · you buy dearer than you sell

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

Long on HTX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 4 days (all we have)−0.085%−$8 · spread now −0.134%, 7d avg −0.137%

Together, before fees+0.014%+ Points / potential airdropOndo Perps: Active · farm board+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.137%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX GOOGL-USDT	357.86	0	get 0.0000% / 8h	4h 17m	$115K	$221K	30x
Short	Ondo Perps GOOGL-USD.P	357.38	0.0050	get 0.0006% / 1h	17m 42s	$2.3M	$4.9M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.134%Rate

Funding earned: $10.58
Price spread: −0.134% → −0.137%: $0.24
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$6.18
Costs to cover: 0.170%
Break-even: 11.1 days

Slippage unknown: HTX: live order book, 39 min ago; Ondo Perps: 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 HTX live order book, 39 min ago	1.54 bp	9.5 bp −$10	11.1 bp −$111	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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	−0.0048%	1h	357.54	−0.089%	$526K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.64	−0.061%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.80	−0.017%	$17.5M	$9.6M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.72	−0.039%	$23K	$434K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.77	−0.025%	$719	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.56	−0.084%	$24K	$155K	10x	as long as short
HTX GOOGL-USDTlong	0.0000%	8h	357.86	long leg	$115K	$221K	30x
Phemex GOOGLUSDT	0.0000%	4h	357.74	−0.034%	$2.7M	$86K	10x	as long as short
Variational Omni GOOGL	+0.0004%	8h	357.76	−0.028%	$4.8M	$2.3M	—	as long as short
Aftermath Perps GOOGLUSD	+0.0019%	1h	357.60	−0.071%	$144K	$48K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH GOOGL	+0.0032%	1h	357.78	−0.022%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.207%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.45	−0.115%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.74	−0.034%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0050%	1h	357.66	−0.056%	$1.3M	$4.2M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.56	−0.084%	$99.1M	$20.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.51	−0.098%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.54	−0.089%	$142	$46K	10x	as long as short
Ondo Perps GOOGL-USD.Pshort	+0.0050%	1h	357.38	−0.134%	$2.3M	$4.9M	15x
Aster GOOGLUSDT	+0.0070%	8h	357.94	+0.021%	$366K	$426K	20x	as long as short
Nado GOOGL-PERP	+0.0083%	1h	357.50	−0.099%	$558K	$81K	20x	as long as short
Extended GOOGL-USD	+0.0088%	1h	357.69	−0.049%	$426K	$1.8M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0088%	1h	357.53	−0.092%	$33K	—	20x	as long as short
Binance GOOGLUSDT	+0.0089%	8h	357.79	−0.020%	$73.0M	$141.2M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.50	−0.101%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.35	−0.143%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.50	−0.101%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.66	−0.056%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.63	−0.063%	$25K	—	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0107%	8h	357.68	−0.050%	$293	$253	5x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.56	−0.084%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0113%	8h	357.75	−0.031%	$13.8M	$12.4M	50x	as long as short
BloFin GOOGL-USDT	+0.0209%	8h	357.77	−0.025%	$694K	$234K	20x	as long as short
Bybit GOOGLUSDT	+0.0210%	8h	357.86	0.000%	$12.0M	$7.5M	100x	as long as short
Lighter GOOGL	+0.0280%	1h	357.78	−0.022%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0683%	4h	357.70	−0.044%	$209K	$1.2M	10x	as long as short