Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against HTX−0.084%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 SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.084% cheaper against HTX than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 5.6 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX GOOGL-USDT	356.61	0	get 0.0000% / 8h	7h 04m	$114K	$227K	30x
Short	SoDEX GOOGL-USD	356.31	0.0050	get 0.0006% / 1h	4m 20s	$165	$46K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.084%Rate

Funding earned: $10.5
Price spread: −0.084% → 0.000%: −$8.41
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$17.91
Costs to cover: 0.200%
Break-even: 18.9 days

Slippage unknown: HTX: live order book, 2 min ago; SoDEX: 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, 2 min ago	2.81 bp	8.8 bp −$9	12.7 bp −$127	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0311%	1h	356.07	−0.151%	$23K	$153K	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.42	−0.053%	$3.6M	$7.5M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.43	−0.049%	$23K	$455K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.48	−0.036%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDTlong	0.0000%	8h	356.61	long leg	$114K	$227K	30x
Phemex GOOGLUSDT	0.0000%	4h	356.57	−0.011%	$2.7M	$67K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0011%	1h	356.21	−0.113%	$144K	$52K	10x	as long as short
Hotstuff GOOGL-PERP	+0.0016%	1h	356.31	−0.084%	$33K	—	20x	as long as short
Variational Omni GOOGL	+0.0030%	8h	356.38	−0.065%	$4.8M	$2.3M	—	as long as short
Bitget GOOGLUSDT	+0.0031%	8h	356.46	−0.042%	$16.9M	$9.3M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter GOOGL	+0.0032%	1h	356.44	−0.048%	$2.1M	$1.1M	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.53	−0.022%	$1.4M	$2.3M	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0032%	1h	356.22	−0.109%	$528K	$1.1M	10x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.143%	$128K	$45K	30x	as long as short
Nado GOOGL-PERP	+0.0034%	1h	356.32	−0.080%	$556K	$81K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.51	−0.028%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.32	−0.081%	$98.3M	$22.0M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.25	−0.101%	$683K	$441K	10x	as long as short
SoDEX GOOGL-USDshort	+0.0050%	1h	356.31	−0.084%	$165	$46K	10x
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.15	−0.129%	$2.2M	$4.8M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	356.44	−0.048%	$1.3M	$4.7M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0067%	8h	356.46	−0.043%	$292	$253	5x	as long as short
Aster GOOGLUSDT	+0.0080%	8h	356.63	+0.004%	$365K	$458K	20x	as long as short
Bybit GOOGLUSDT	+0.0081%	8h	356.56	−0.014%	$11.5M	$7.5M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.40	−0.059%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.08	−0.149%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.24	−0.104%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.31	−0.084%	$10K	$10K	20x	as long as short
Binance GOOGLUSDT	+0.0101%	8h	356.48	−0.037%	$72.7M	$142.1M	50x	as long as short
Extended GOOGL-USD	+0.0104%	1h	356.42	−0.053%	$421K	$1.8M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.34	−0.075%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.26	−0.098%	$137K	$48K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0182%	8h	356.49	−0.034%	$13.8M	$12.7M	50x	as long as short
BloFin GOOGL-USDT	+0.0221%	8h	356.54	−0.020%	$690K	$234K	20x	as long as short
Arcus GOOGL-USD	+0.0306%	1h	356.26	−0.098%	$202K	$271K	10x	as long as short
edgeX GOOGLUSDC	+0.0679%	4h	356.43	−0.052%	$209K	$1.2M	10x	as long as short