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 KuCoin+0.056%7-day average — · you sell dearer than you buy

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

Long on KuCoin 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

The price spread pays, funding is against you. SoDEX is 0.056% dearer against KuCoin than usual: you sell high and buy low (spread +0.056% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GOOGLUSDTM	355.91	0.0100	pay 0.0100% / 8h	7h 23m	$3.0M	$64K	20x
Short	SoDEX GOOGL-USD	356.11	0.0050	get 0.0006% / 1h	23m 02s	$177	$46K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against KuCoin. 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 KuCoinbpFee SoDEXbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$10.5
Price spread: +0.056% → 0.000%: $5.62
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$24.88
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 4 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 KuCoin live order book, 4 min ago	6.74 bp	84.7 bp −$85	doesn't fit	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
Hotstuff GOOGL-PERP	−0.0032%	1h	356.16	+0.070%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.28	+0.104%	$3.6M	$7.5M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.53	+0.174%	$23K	$452K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.26	+0.098%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.07	+0.045%	$23K	$153K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.43	+0.146%	$114K	$226K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.65	+0.208%	$2.7M	$66K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0014%	1h	356.16	+0.071%	$144K	$52K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.31	+0.112%	$1.4M	$2.3M	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0032%	1h	355.85	−0.017%	$528K	$1.1M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.340%	$128K	$45K	30x	as long as short
Lighter GOOGL	+0.0040%	1h	356.23	+0.090%	$2.1M	$1.1M	20x	as long as short
Nado GOOGL-PERP	+0.0046%	1h	356.05	+0.039%	$556K	$80K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.30	+0.110%	—	$5K	25x	as long as short
Variational Omni GOOGL	+0.0049%	8h	356.48	+0.159%	$4.8M	$2.3M	—	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.10	+0.053%	$98.2M	$22.2M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.06	+0.042%	$683K	$441K	10x	as long as short
SoDEX GOOGL-USDshort	+0.0050%	1h	356.11	+0.056%	$177	$46K	10x
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.15	+0.067%	$2.2M	$4.8M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	356.19	+0.079%	$1.3M	$4.7M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0076%	8h	356.26	+0.098%	$292	$253	5x	as long as short
Bitget GOOGLUSDT	+0.0076%	8h	356.42	+0.143%	$17.0M	$9.2M	100x	as long as short
Aster GOOGLUSDT	+0.0092%	8h	356.43	+0.147%	$364K	$458K	20x	as long as short
Bybit GOOGLUSDT	+0.0099%	8h	356.35	+0.124%	$11.5M	$7.7M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.04	+0.035%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTMlong	+0.0100%	8h	355.91	long leg	$3.0M	$64K	20x
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.30	+0.110%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.11	+0.056%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.14	+0.063%	$25K	—	10x	as long as short
Extended GOOGL-USD	+0.0112%	1h	356.17	+0.073%	$421K	$1.8M	20x	as long as short
Binance GOOGLUSDT	+0.0113%	8h	356.27	+0.102%	$72.8M	$142.0M	50x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.41	+0.140%	$137K	$48K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0191%	8h	356.41	+0.140%	$13.8M	$12.7M	50x	as long as short
BloFin GOOGL-USDT	+0.0233%	8h	356.31	+0.112%	$690K	$234K	20x	as long as short
Arcus GOOGL-USD	+0.0306%	1h	356.24	+0.093%	$202K	$271K	10x	as long as short
edgeX GOOGLUSDC	+0.0538%	4h	356.48	+0.159%	$209K	$1.2M	10x	as long as short