Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h +0.007%

Price spread now: Paradex against Ondo Perps+0.089%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropOndo Perps: 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 0.089% dearer against Ondo Perps than usual: you sell high and buy low: +$9 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	Ondo Perps GOOGL-USD.P	356.16	0.0050	pay 0.0006% / 1h	14m 46s	$2.3M	$4.9M	15x
Short	Paradex GOOGL-USD-PERP	356.48	0.0086	get 0.0086% / 8h	14m 46s	$292	$253	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Ondo Perps. 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 Ondo PerpsbpFee ParadexbpOrdersPrice spread, now +0.089%Rate

Funding earned: $7.52
Price spread: +0.089% → 0.000%: $8.94
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Paradex: 2 bp × 2 orders: −$4
Net: $7.46
Costs to cover: 0.090%
Break-even: 0.1 days

Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Ondo Perps and 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	356.43	+0.076%	$3.6M	$7.5M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.57	+0.115%	$1K	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.69	+0.149%	$114K	$224K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.65	+0.138%	$2.7M	$66K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0008%	1h	356.24	+0.022%	$530K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0018%	1h	356.38	+0.063%	$144K	$53K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.58	+0.118%	$1.4M	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.270%	$128K	$45K	30x	as long as short
GRVT GOOGL_USDT_Perp	+0.0043%	8h	356.58	+0.117%	$23K	$472K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.48	+0.090%	—	$5K	25x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.29	+0.037%	$98.2M	$25.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.28	+0.034%	$683K	$437K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.28	+0.034%	$181	$46K	10x	as long as short
Ondo Perps GOOGL-USD.Plong	+0.0050%	1h	356.16	long leg	$2.3M	$4.9M	15x
Variational Omni GOOGL	+0.0059%	8h	356.56	+0.113%	$4.7M	$2.6M	—	as long as short
QFEX GOOGL-USD	+0.0060%	1h	356.44	+0.079%	$1.3M	$4.9M	10x	as long as short
Paradex GOOGL-USD-PERPshort	+0.0086%	8h	356.48	+0.089%	$292	$253	5x
Pacifica GOOGL	+0.0100%	1h	356.20	+0.012%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.32	+0.045%	$3.0M	$66K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.35	+0.053%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.41	+0.070%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.46	+0.085%	$25K	—	10x	as long as short
Aster GOOGLUSDT	+0.0109%	8h	356.70	+0.153%	$363K	$457K	20x	as long as short
Nado GOOGL-PERP	+0.0110%	1h	356.24	+0.022%	$559K	$81K	20x	as long as short
Bybit GOOGLUSDT	+0.0124%	8h	356.63	+0.132%	$11.5M	$7.8M	100x	as long as short
Extended GOOGL-USD	+0.0128%	1h	356.51	+0.097%	$422K	$1.6M	20x	as long as short
Binance GOOGLUSDT	+0.0129%	8h	356.57	+0.115%	$73.1M	$142.9M	50x	as long as short
Bitget GOOGLUSDT	+0.0131%	8h	356.52	+0.101%	$16.8M	$9.3M	100x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.32	+0.045%	$137K	$48K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0160%	1h	356.27	+0.031%	$33K	—	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0178%	8h	356.59	+0.121%	$13.8M	$12.9M	50x	as long as short
edgeX GOOGLUSDC	+0.0206%	4h	356.57	+0.114%	$210K	$1.2M	10x	as long as short
BloFin GOOGL-USDT	+0.0249%	8h	356.63	+0.132%	$692K	$236K	20x	as long as short
Arcus GOOGL-USD	+0.0250%	1h	356.32	+0.045%	$202K	$271K	10x	as long as short
Lighter GOOGL	+0.0264%	1h	356.54	+0.107%	$2.1M	$1.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0368%	1h	356.43	+0.076%	$23K	$152K	10x	as long as short