Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h +0.003%

Price spread now: Binance against Pacifica+0.035%7-day average — · you sell dearer than you buy

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

Long on Pacifica Short on Binance

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

The price spread pays, funding is against you. Binance is 0.035% dearer against Pacifica than usual: you sell high and buy low (spread +0.035% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica GOOGL	358.79	0.0100	pay 0.0013% / 1h	20m 59s	$42K	$22K	10x
Short	Binance GOOGLUSDT	358.91	0.0057	get 0.0057% / 8h	6h 20m	$73.3M	$141.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Pacifica. 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 PacificabpFee BinancebpOrdersPrice spread, now +0.035%Rate

Funding earned: −$9.02
Price spread: +0.035% → 0.000%: $3.46
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$23.56
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Pacifica: no order-book sample; Binance: live order book, 15 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 Pacifica no order-book sample	—	—	—	—	—
Sell Binance live order book, 15 min ago	0.14 bp	5.2 bp −$5	7.7 bp −$77	22.9 bp −$2,293	doesn't fit

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 exchanges

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	−0.0056%	1h	358.00	−0.219%	$516K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	358.89	+0.029%	$13.5M	$13.5M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.71	−0.021%	$3.7M	$6.8M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.96	+0.049%	$17.5M	$9.4M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	358.72	−0.018%	$5.0M	$2.4M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.87	+0.023%	$2K	$3.7M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	359.05	+0.074%	$115K	$210K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.99	+0.057%	$2.7M	$106K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0001%	1h	358.66	−0.035%	$24K	$148K	10x	as long as short
Bybit GOOGLUSDT	+0.0019%	8h	358.82	+0.010%	$11.5M	$7.5M	100x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0031%	1h	358.60	−0.053%	$145K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.83	+0.012%	$1.3M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.464%	$128K	$45K	30x	as long as short
Aster GOOGLUSDT	+0.0038%	8h	358.55	−0.065%	$368K	$420K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	358.95	+0.046%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0048%	1h	358.80	+0.004%	$1.3M	$4.1M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	358.63	−0.043%	$98.3M	$21.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	358.67	−0.032%	$687K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	358.63	−0.043%	$117	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	358.50	−0.080%	$2.3M	$3.9M	15x	as long as short
Extended GOOGL-USD	+0.0056%	1h	358.80	+0.004%	$424K	$2.4M	20x	as long as short
Binance GOOGLUSDTshort	+0.0057%	8h	358.91	+0.035%	$73.3M	$141.6M	50x
Paradex GOOGL-USD-PERP	+0.0064%	8h	358.75	−0.010%	$294	$253	5x	as long as short
Arcus GOOGL-USD	+0.0081%	1h	358.67	−0.032%	$211K	$282K	10x	as long as short
Nado GOOGL-PERP	+0.0085%	1h	358.64	−0.041%	$552K	$81K	20x	as long as short
Pacifica GOOGLlong	+0.0100%	1h	358.79	long leg	$42K	$22K	10x
KuCoin GOOGLUSDTM	+0.0100%	8h	358.49	−0.082%	$3.0M	$219K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	358.50	−0.080%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.81	+0.007%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	358.72	−0.017%	$25K	—	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0115%	8h	358.84	+0.016%	$24K	$446K	10x	as long as short
Hotstuff GOOGL-PERP	+0.0120%	1h	358.59	−0.055%	$33K	—	20x	as long as short
Phoenix GOOGL	+0.0134%	1h	358.51	−0.077%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0177%	8h	358.74	−0.013%	$687K	$238K	20x	as long as short
Lighter GOOGL	+0.0208%	1h	358.85	+0.018%	$2.0M	$2.2M	20x	as long as short
edgeX GOOGLUSDC	+0.0843%	4h	358.78	−0.001%	$209K	$1.2M	10x	as long as short