Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h −0.008%

Price spread now: Paradex against Pacifica+0.061%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 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 airdropPacifica: Active · Paradex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.061% dearer against Pacifica than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica GOOGL	356.20	0.0100	pay 0.0013% / 1h	31m 11s	$42K	$45K	10x
Short	Paradex GOOGL-USD-PERP	356.42	0.0081	get 0.0081% / 8h	7h 31m	$292	$253	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.061%Rate

Funding earned: −$4.06
Price spread: +0.061% → 0.000%: $6.1
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$9.96
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Pacifica: 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 Pacifica no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Pacifica 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
Hotstuff GOOGL-PERP	−0.0008%	1h	356.23	+0.009%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.35	+0.042%	$3.6M	$7.5M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.39	+0.054%	$23K	$467K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.43	+0.065%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.24	+0.012%	$23K	$153K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.59	+0.110%	$115K	$225K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.45	+0.070%	$2.7M	$66K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0015%	1h	356.12	−0.023%	$144K	$52K	10x	as long as short
Lighter GOOGL	+0.0032%	1h	356.38	+0.051%	$2.1M	$1.1M	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.45	+0.070%	$1.4M	$2.3M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International GOOGL-PERP-INTX	+0.0032%	1h	355.85	−0.098%	$528K	$1.1M	10x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.259%	$128K	$45K	30x	as long as short
Nado GOOGL-PERP	+0.0041%	1h	356.28	+0.024%	$558K	$79K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.43	+0.065%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.21	+0.003%	$98.2M	$22.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.23	+0.009%	$683K	$441K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.23	+0.009%	$170	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.16	−0.011%	$2.2M	$4.9M	15x	as long as short
Variational Omni GOOGL	+0.0053%	8h	356.39	+0.054%	$4.8M	$2.3M	—	as long as short
QFEX GOOGL-USD	+0.0064%	1h	356.37	+0.048%	$1.3M	$4.7M	10x	as long as short
Paradex GOOGL-USD-PERPshort	+0.0081%	8h	356.42	+0.061%	$292	$253	5x
Bitget GOOGLUSDT	+0.0088%	8h	356.45	+0.070%	$17.0M	$9.3M	100x	as long as short
Aster GOOGLUSDT	+0.0099%	8h	356.62	+0.117%	$365K	$457K	20x	as long as short
Pacifica GOOGLlong	+0.0100%	1h	356.20	long leg	$42K	$45K	10x
KuCoin GOOGLUSDTM	+0.0100%	8h	355.99	−0.059%	$3.0M	$66K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.20	0.000%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.30	+0.028%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.29	+0.027%	$25K	—	10x	as long as short
Bybit GOOGLUSDT	+0.0104%	8h	356.51	+0.087%	$11.5M	$7.7M	100x	as long as short
Binance GOOGLUSDT	+0.0119%	8h	356.43	+0.064%	$72.9M	$142.3M	50x	as long as short
Extended GOOGL-USD	+0.0120%	1h	356.37	+0.047%	$421K	$1.9M	20x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.21	+0.003%	$137K	$48K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0193%	8h	356.52	+0.090%	$13.8M	$12.7M	50x	as long as short
BloFin GOOGL-USDT	+0.0239%	8h	356.47	+0.076%	$690K	$234K	20x	as long as short
Arcus GOOGL-USD	+0.0306%	1h	356.18	−0.005%	$202K	$271K	10x	as long as short
edgeX GOOGLUSDC	+0.0581%	4h	356.41	+0.060%	$209K	$1.2M	10x	as long as short