Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%

Price spread now: Pacifica against HTX−0.059%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.059% cheaper against HTX than usual: you would sell low and buy high (spread −0.059% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 48 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX GOOGL-USDT	357.80	0	get 0.0000% / 8h	2h 59m	$115K	$216K	30x
Short	Pacifica GOOGL	357.59	0.0100	get 0.0013% / 1h	59m 40s	$42K	$41K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.059%Rate

Funding earned: $21
Price spread: −0.059% → 0.000%: −$5.95
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$4.95
Costs to cover: 0.200%
Break-even: 8.6 days

Slippage unknown: HTX: live order book, 52 min ago; Pacifica: 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, 52 min ago	2.80 bp	8.8 bp −$9	12.6 bp −$126	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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
Deribit GOOGL_USDC-PERPETUAL	−0.0114%	1h	357.44	−0.101%	$24K	$156K	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.64	−0.045%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.80	0.000%	$17.5M	$9.7M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.73	−0.020%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDTlong	0.0000%	8h	357.80	long leg	$115K	$216K	30x
Phemex GOOGLUSDT	0.0000%	4h	357.77	−0.008%	$2.7M	$87K	10x	as long as short
Nado GOOGL-PERP	0.0000%	1h	357.57	−0.065%	$558K	$86K	20x	as long as short
GRVT GOOGL_USDT_Perp	+0.0015%	8h	357.69	−0.031%	$24K	$442K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.19	−0.170%	$521K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0021%	1h	357.49	−0.088%	$144K	$47K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GOOGL	+0.0024%	8h	357.59	−0.058%	$4.8M	$2.4M	—	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.80	0.000%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.190%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.39	−0.115%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.81	+0.003%	—	$5K	25x	as long as short
Hotstuff GOOGL-PERP	+0.0048%	1h	357.60	−0.056%	$33K	—	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.60	−0.056%	$99.3M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.48	−0.089%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.51	−0.081%	$159	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.27	−0.148%	$2.3M	$4.9M	15x	as long as short
OKX GOOGL-USDT-SWAP	+0.0057%	8h	357.73	−0.020%	$13.7M	$12.5M	50x	as long as short
Paradex GOOGL-USD-PERP	+0.0063%	8h	357.77	−0.009%	$293	$253	5x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.72	−0.022%	$1.3M	$4.2M	10x	as long as short
Aster GOOGLUSDT	+0.0077%	8h	357.67	−0.036%	$366K	$426K	20x	as long as short
Binance GOOGLUSDT	+0.0096%	8h	357.78	−0.006%	$72.4M	$142.9M	50x	as long as short
Extended GOOGL-USD	+0.0096%	1h	357.69	−0.030%	$419K	$1.2M	20x	as long as short
Pacifica GOOGLshort	+0.0100%	1h	357.59	−0.059%	$42K	$41K	10x
KuCoin GOOGLUSDTM	+0.0100%	8h	357.50	−0.084%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.49	−0.087%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.58	−0.061%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.57	−0.066%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.54	−0.073%	$138K	$36K	20x	as long as short
Lighter GOOGL	+0.0184%	1h	357.82	+0.006%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0219%	8h	357.65	−0.042%	$693K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0232%	8h	357.87	+0.020%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0601%	4h	357.57	−0.064%	$208K	$1.2M	10x	as long as short