Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.036%

Price spread now: Pacifica against OKX−0.061%7-day average — · you buy dearer than you sell

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

Long on OKX 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 0.061% cheaper against OKX than usual: you would sell low and buy high (spread −0.061% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GOOGL-USDT-SWAP	357.12	0	get 0.0000% / 8h	1h 05m	$13.6M	$13.1M	50x
Short	Pacifica GOOGL	356.90	0.0100	get 0.0013% / 1h	5m 04s	$42K	$39K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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 OKXbpFee PacificabpOrdersPrice spread, now −0.061%Rate

Funding earned: $21
Price spread: −0.061% → 0.000%: −$6.06
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$3.06
Costs to cover: 0.180%
Break-even: 8.0 days

Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago	0.14 bp	5.8 bp −$6	10.3 bp −$103	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
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.60	−0.146%	$511K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAPlong	0.0000%	8h	357.12	long leg	$13.6M	$13.1M	50x
Hotstuff GOOGL-PERP	0.0000%	1h	356.91	−0.059%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.98	−0.039%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.17	+0.014%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.04	−0.022%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.02	−0.028%	$23K	$445K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.11	−0.003%	$1K	$4.0M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.21	+0.025%	$115K	$211K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.15	+0.008%	$2.7M	$88K	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-PERP	+0.0013%	1h	356.95	−0.047%	$549K	$92K	20x	as long as short
Aster GOOGLUSDT	+0.0013%	8h	357.23	+0.031%	$365K	$424K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0019%	1h	356.95	−0.048%	$144K	$45K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.05	−0.020%	$1.3M	$2.1M	20x	as long as short
Extended GOOGL-USD	+0.0032%	1h	357.01	−0.031%	$424K	$1.4M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	0.000%	$128K	$45K	30x	as long as short
Binance GOOGLUSDT	+0.0035%	8h	357.11	−0.003%	$72.0M	$143.7M	50x	as long as short
QFEX GOOGL-USD	+0.0038%	1h	357.03	−0.025%	$1.3M	$4.2M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.81	−0.087%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.21	+0.025%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.94	−0.050%	$98.1M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.85	−0.076%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.94	−0.050%	$140	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.73	−0.109%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0052%	8h	357.09	−0.009%	$293	$253	5x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0058%	1h	357.00	−0.034%	$24K	$156K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0084%	8h	356.60	−0.146%	$3.0M	$100K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.90	−0.062%	$137K	$36K	20x	as long as short
Pacifica GOOGLshort	+0.0100%	1h	356.90	−0.061%	$42K	$39K	10x
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.83	−0.081%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.94	−0.050%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.97	−0.043%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0112%	1h	357.07	−0.014%	$2.0M	$1.3M	20x	as long as short
Bybit GOOGLUSDT	+0.0128%	8h	357.01	−0.031%	$11.5M	$7.9M	100x	as long as short
BloFin GOOGL-USDT	+0.0140%	8h	357.12	0.000%	$688K	$236K	20x	as long as short
edgeX GOOGLUSDC	+0.0880%	4h	357.00	−0.033%	$208K	$1.2M	10x	as long as short