Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h +0.004%

Price spread now: Extended against Orderly+0.015%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_GOOGL_USDC	356.78	0.0100	pay 0.0100% / 8h	7h 26m	$10K	$11K	20x
Short	Extended GOOGL-USD	356.83	0.0016	get 0.0002% / 1h	26m 43s	$424K	$2.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Orderly. 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 OrderlybpFee ExtendedbpOrdersPrice spread, now +0.015%Rate

Funding earned: −$17.64
Price spread: +0.015% → 0.000%: $1.51
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$27.13
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Extended: live order book, 2 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Extended live order book, 2 min ago	0.14 bp	3.5 bp −$4	11.1 bp −$111	doesn't fit	doesn't fit

Orderly: 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	−0.0080%	1h	357.11	+0.092%	$518K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.00	+0.062%	$366K	$423K	20x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	356.82	+0.011%	$11.5M	$7.4M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	356.84	+0.017%	$13.5M	$13.3M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.72	−0.017%	$3.6M	$7.1M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	356.99	+0.059%	$17.3M	$9.7M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.29	+0.142%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.38	+0.168%	$23K	$435K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.86	+0.022%	$1K	$3.9M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.61	−0.048%	$24K	$149K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX GOOGL-USDT	0.0000%	8h	357.02	+0.067%	$115K	$209K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.92	+0.039%	$2.7M	$91K	10x	as long as short
Binance GOOGLUSDT	+0.0015%	8h	356.90	+0.034%	$72.3M	$142.0M	50x	as long as short
Extended GOOGL-USDshort	+0.0016%	1h	356.83	+0.015%	$424K	$2.5M	20x
Aftermath Perps GOOGLUSD	+0.0031%	1h	356.98	+0.057%	$144K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.78	0.000%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.095%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	356.83	+0.014%	$1.2M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.58	−0.056%	$209K	$280K	10x	as long as short
Nado GOOGL-PERP	+0.0042%	1h	356.64	−0.040%	$549K	$88K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.98	+0.056%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.68	−0.028%	$98.1M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.53	−0.070%	$684K	$414K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.66	−0.034%	$121	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.42	−0.101%	$2.3M	$4.1M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0057%	8h	356.72	−0.016%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0058%	8h	356.75	−0.008%	$3.0M	$152K	20x	as long as short
BloFin GOOGL-USDT	+0.0060%	8h	356.87	+0.025%	$687K	$233K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.14	+0.101%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.53	−0.071%	$42K	$25K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.10	+0.090%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDClong	+0.0100%	8h	356.78	long leg	$10K	$11K	20x
Aevo GOOGL-PERP	+0.0104%	1h	356.80	+0.004%	$25K	—	10x	as long as short
Hotstuff GOOGL-PERP	+0.0144%	1h	356.59	−0.053%	$33K	—	20x	as long as short
Lighter GOOGL	+0.0192%	1h	356.81	+0.008%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0403%	4h	357.32	+0.150%	$208K	$1.2M	10x	as long as short