Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0139%/8h= +15.2% APRpaid last 24h +0.014%

Price spread now: Arcus against Paradex−0.015%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Arcus

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 airdropParadex: 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: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex GOOGL-USD-PERP	358.00	0.0061	pay 0.0061% / 8h	5h 51m	$294	$253	5x
Short	Arcus GOOGL-USD	357.95	0.0199	get 0.0025% / 1h	51m 07s	$211K	$195K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Paradex. 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 ParadexbpFee ArcusbpOrdersPrice spread, now −0.015%Rate

Funding earned: $29.16
Price spread: −0.015% → 0.000%: −$1.51
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $19.15
Costs to cover: 0.085%
Break-even: 2.4 days

Slippage unknown: Paradex: no order-book sample; Arcus: live order book, 60 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 Paradex no order-book sample	—	—	—	—	—
Sell Arcus live order book, 60 min ago	2.65 bp	6.3 bp −$6	7.0 bp −$70	16.8 bp −$1,676	doesn't fit

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 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
Hotstuff GOOGL-PERP	−0.1600%	1h	357.90	−0.029%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0040%	1h	357.92	−0.023%	$520K	$1.2M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	358.16	+0.044%	$11.5M	$7.7M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	358.16	+0.044%	$13.5M	$13.7M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.01	+0.002%	$3.7M	$6.8M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.19	+0.052%	$17.4M	$9.8M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.17	+0.046%	$1K	$3.7M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.31	+0.085%	$115K	$211K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.27	+0.074%	$2.7M	$114K	10x	as long as short
Variational Omni GOOGL	+0.0013%	8h	358.41	+0.114%	$5.0M	$2.3M	—	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	+0.0029%	1h	358.18	+0.049%	$145K	$42K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.08	+0.021%	$1.3M	$1.7M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.247%	$128K	$45K	30x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	358.17	+0.046%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.86	−0.040%	$98.0M	$21.9M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	358.01	+0.002%	$686K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.87	−0.037%	$112	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	358.18	+0.049%	$2.3M	$3.9M	15x	as long as short
Aster GOOGLUSDT	+0.0056%	8h	358.32	+0.088%	$368K	$420K	20x	as long as short
QFEX GOOGL-USD	+0.0060%	1h	358.15	+0.041%	$1.2M	$4.1M	10x	as long as short
Paradex GOOGL-USD-PERPlong	+0.0061%	8h	358.00	long leg	$294	$253	5x
Extended GOOGL-USD	+0.0072%	1h	358.06	+0.016%	$426K	$2.4M	20x	as long as short
Binance GOOGLUSDT	+0.0076%	8h	358.18	+0.049%	$73.2M	$145.1M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	358.13	+0.034%	$42K	$20K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.98	−0.007%	$3.0M	$247K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	358.13	+0.035%	$36K	$17K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.02	+0.004%	$10K	$11K	20x	as long as short
Nado GOOGL-PERP	+0.0101%	1h	357.89	−0.032%	$552K	$82K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	358.06	+0.016%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0120%	1h	358.05	+0.013%	$2.0M	$2.1M	20x	as long as short
GRVT GOOGL_USDT_Perp	+0.0125%	8h	358.17	+0.046%	$12K	$458K	10x	as long as short
Phoenix GOOGL	+0.0134%	1h	358.18	+0.049%	$138K	$36K	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0169%	1h	357.97	−0.010%	$29K	$152K	10x	as long as short
BloFin GOOGL-USDT	+0.0198%	8h	358.22	+0.060%	$691K	$231K	20x	as long as short
Arcus GOOGL-USDshort	+0.0199%	1h	357.95	−0.015%	$211K	$195K	10x
edgeX GOOGLUSDC	+0.0486%	4h	358.11	+0.030%	$207K	$1.2M	10x	as long as short