Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against Orderly−0.047%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Pacifica

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 airdropPacifica: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.047% cheaper against Orderly than usual: you would sell low and buy high, −$5 on $10k if it 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	Orderly PERP_GOOGL_USDC	357.64	0.0100	pay 0.0100% / 8h	7h 45m	$10K	$11K	20x
Short	Pacifica GOOGL	357.47	0.0100	get 0.0013% / 1h	45m 24s	$42K	$25K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.047%Rate

Funding earned: $0
Price spread: −0.047% → 0.000%: −$4.69
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$18.69
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample	—	—	—	—	—
Sell Pacifica no order-book sample	—	—	—	—	—

Orderly and 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	−0.0080%	1h	357.25	−0.109%	$512K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0016%	1h	357.64	0.000%	$33K	—	20x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.91	+0.076%	$367K	$422K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.78	+0.039%	$13.5M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.75	+0.031%	$3.6M	$7.0M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.88	+0.067%	$17.3M	$9.6M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.80	+0.044%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.43	−0.059%	$23K	$442K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.82	+0.050%	$2K	$3.9M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.97	+0.092%	$115K	$209K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex GOOGLUSDT	0.0000%	4h	357.89	+0.070%	$2.7M	$88K	10x	as long as short
edgeX GOOGLUSDC	+0.0003%	4h	357.37	−0.076%	$208K	$1.2M	10x	as long as short
Extended GOOGL-USD	+0.0016%	1h	357.78	+0.039%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDT	+0.0022%	8h	357.88	+0.066%	$72.2M	$141.4M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0029%	1h	357.54	−0.027%	$144K	$44K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.76	+0.034%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.145%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.80	+0.045%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.59	−0.014%	$209K	$280K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.86	+0.062%	—	$5K	25x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.52	−0.034%	$686K	$415K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.64	0.000%	$123	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.56	−0.022%	$2.3M	$4.4M	15x	as long as short
KuCoin GOOGLUSDTM	+0.0052%	8h	357.41	−0.064%	$3.0M	$132K	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0058%	8h	357.75	+0.030%	$293	$253	5x	as long as short
BloFin GOOGL-USDT	+0.0075%	8h	357.62	−0.006%	$688K	$234K	20x	as long as short
Nado GOOGL-PERP	+0.0078%	1h	357.57	−0.021%	$550K	$88K	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0086%	1h	357.65	+0.003%	$24K	$157K	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0087%	1h	357.58	−0.017%	$98.4M	$21.3M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.65	+0.003%	$138K	$36K	20x	as long as short
Pacifica GOOGLshort	+0.0100%	1h	357.47	−0.047%	$42K	$25K	10x
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.46	−0.050%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDClong	+0.0100%	8h	357.64	long leg	$10K	$11K	20x
Aevo GOOGL-PERP	+0.0104%	1h	357.61	−0.010%	$25K	—	10x	as long as short
Bybit GOOGLUSDT	+0.0222%	8h	357.84	+0.056%	$11.5M	$7.7M	100x	as long as short
Lighter GOOGL	+0.0256%	1h	357.79	+0.042%	$2.0M	$1.3M	20x	as long as short