Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0037%/8h= +4.1% APRpaid last 24h 0.000%

Price spread now: Paradex against Nado+0.050%7-day average — · you sell dearer than you buy

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

Long on Nado Short on Paradex

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—+ Points / potential airdropNado: Active · Paradex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.050% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado GOOGL-PERP	357.01	0.0030	pay 0.0004% / 1h	46m 47s	$557K	$86K	20x
Short	Paradex GOOGL-USD-PERP	357.19	0.0067	get 0.0067% / 8h	2h 46m	$293	$253	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Nado. 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 NadobpFee ParadexbpOrdersPrice spread, now +0.050%Rate

Funding earned: $7.77
Price spread: +0.050% → 0.000%: $5.04
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Paradex: 2 bp × 2 orders: −$4
Net: $1.81
Costs to cover: 0.110%
Break-even: 5.4 days

Slippage unknown: Nado: live order book, 1 min ago; Paradex: 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 Nado live order book, 1 min ago	0.28 bp	10.6 bp −$11	22.7 bp −$227	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Gate GOOGL_USDT	0.0000%	8h	357.16	+0.043%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.27	+0.074%	$17.4M	$9.7M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.27	+0.074%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.97	−0.010%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.31	+0.085%	$115K	$215K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.40	+0.110%	$2.7M	$87K	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0008%	8h	357.35	+0.096%	$24K	$447K	10x	as long as short
Variational Omni GOOGL	+0.0014%	8h	357.33	+0.091%	$4.8M	$2.4M	—	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.19	+0.051%	$521K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0023%	1h	357.16	+0.041%	$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
Nado GOOGL-PERPlong	+0.0030%	1h	357.01	long leg	$557K	$86K	20x
Lighter RH GOOGL	+0.0032%	1h	357.19	+0.051%	$1.3M	$2.1M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0032%	1h	357.07	+0.018%	$33K	—	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.032%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.05	+0.012%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.23	+0.062%	—	$5K	25x	as long as short
OKX GOOGL-USDT-SWAP	+0.0047%	8h	357.18	+0.048%	$13.7M	$12.5M	50x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.16	+0.043%	$1.3M	$4.3M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.02	+0.004%	$99.1M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.06	+0.015%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.01	+0.001%	$149	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.96	−0.013%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERPshort	+0.0067%	8h	357.19	+0.050%	$293	$253	5x
Aster GOOGLUSDT	+0.0072%	8h	357.40	+0.109%	$366K	$426K	20x	as long as short
Extended GOOGL-USD	+0.0088%	1h	357.13	+0.036%	$424K	$1.2M	20x	as long as short
Binance GOOGLUSDT	+0.0092%	8h	357.23	+0.062%	$72.2M	$143.1M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.04	+0.009%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.03	+0.006%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.16	+0.043%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.13	+0.034%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.12	+0.032%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.21	+0.057%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0144%	1h	357.19	+0.051%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0212%	8h	357.29	+0.079%	$694K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0228%	8h	357.34	+0.093%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0457%	4h	357.23	+0.063%	$208K	$1.2M	10x	as long as short