Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h +0.018%

Price spread now: Extended against Paradex−0.032%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 Extended

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 · Extended: 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: Extended is 0.032% cheaper against Paradex than usual: you would sell low and buy high, −$3 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	Paradex GOOGL-USD-PERP	357.01	0.0055	pay 0.0055% / 8h	1h 46m	$293	$253	5x
Short	Extended GOOGL-USD	356.89	0.0056	get 0.0007% / 1h	46m 48s	$422K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.032%Rate

Funding earned: $0.22
Price spread: −0.032% → 0.000%: −$3.15
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$11.93
Costs to cover: 0.090%
Break-even: 388.7 days

Slippage unknown: Paradex: no order-book sample; Extended: live order book, 1 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 Extended live order book, 1 min ago	0.14 bp	3.5 bp −$4	11.8 bp −$118	doesn't fit	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 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
Deribit GOOGL_USDC-PERPETUAL	−0.0030%	1h	356.68	−0.091%	$24K	$156K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.60	−0.114%	$511K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	356.97	−0.010%	$13.6M	$12.9M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.87	−0.038%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.05	+0.012%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.10	+0.025%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.16	+0.042%	$24K	$444K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.00	−0.002%	$2K	$4.0M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.10	+0.026%	$115K	$212K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.09	+0.024%	$2.7M	$87K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado GOOGL-PERP	+0.0013%	1h	356.82	−0.053%	$549K	$90K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0025%	1h	356.82	−0.052%	$144K	$46K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.95	−0.016%	$1.4M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.032%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0038%	1h	356.97	−0.010%	$1.2M	$4.2M	10x	as long as short
Aster GOOGLUSDT	+0.0038%	8h	357.16	+0.043%	$365K	$424K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0040%	1h	356.81	−0.055%	$33K	—	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.77	−0.066%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.10	+0.026%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.79	−0.060%	$98.1M	$21.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.80	−0.058%	$684K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.80	−0.058%	$156	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.59	−0.116%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERPlong	+0.0055%	8h	357.01	long leg	$293	$253	5x
Extended GOOGL-USDshort	+0.0056%	1h	356.89	−0.032%	$422K	$1.2M	20x
Binance GOOGLUSDT	+0.0059%	8h	357.00	−0.002%	$72.0M	$143.7M	50x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.91	−0.027%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.87	−0.037%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.60	−0.114%	$3.0M	$103K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.89	−0.032%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.88	−0.035%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.84	−0.046%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0144%	1h	356.99	−0.004%	$2.0M	$1.3M	20x	as long as short
Bybit GOOGLUSDT	+0.0176%	8h	357.05	+0.012%	$11.9M	$7.5M	100x	as long as short
BloFin GOOGL-USDT	+0.0179%	8h	356.96	−0.013%	$690K	$235K	20x	as long as short
edgeX GOOGLUSDC	+0.0852%	4h	357.03	+0.006%	$208K	$1.2M	10x	as long as short