Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0045%/8h= +4.9% APRpaid last 24h +0.008%

Price spread now: Pacifica against Paradex−0.068%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 Pacifica

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 · Pacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.068% cheaper against Paradex than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 5.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex GOOGL-USD-PERP	357.45	0.0055	pay 0.0055% / 8h	5h 58m	$293	$253	5x
Short	Pacifica GOOGL	357.20	0.0100	get 0.0013% / 1h	58m 28s	$42K	$41K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.068%Rate

Funding earned: $9.39
Price spread: −0.068% → 0.000%: −$6.82
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$9.43
Costs to cover: 0.120%
Break-even: 14.0 days

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

Paradex 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 35 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	−0.0198%	1h	357.11	−0.094%	$23K	$154K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0064%	1h	357.00	−0.125%	$524K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0047%	1h	357.31	−0.037%	$557K	$80K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.34	−0.030%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.29	−0.043%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.19	−0.072%	$23K	$436K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.45	+0.001%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.61	+0.046%	$115K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.53	+0.023%	$2.7M	$74K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0007%	1h	357.09	−0.100%	$144K	$50K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GOOGLUSDT	+0.0025%	8h	357.47	+0.007%	$17.0M	$9.3M	100x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.49	+0.012%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.091%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.35	−0.027%	$1.3M	$4.4M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.12	−0.091%	$202K	$272K	10x	as long as short
Aster GOOGLUSDT	+0.0042%	8h	357.34	−0.030%	$365K	$458K	20x	as long as short
Bybit GOOGLUSDT	+0.0045%	8h	357.45	+0.001%	$11.6M	$7.4M	100x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.53	+0.023%	—	$5K	25x	as long as short
Hotstuff GOOGL-PERP	+0.0048%	1h	357.27	−0.049%	$33K	—	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.29	−0.044%	$99.0M	$22.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.15	−0.083%	$685K	$433K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.25	−0.055%	$147	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.89	−0.156%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERPlong	+0.0055%	8h	357.45	long leg	$293	$253	5x
Binance GOOGLUSDT	+0.0063%	8h	357.48	+0.008%	$72.9M	$141.5M	50x	as long as short
Extended GOOGL-USD	+0.0064%	1h	357.37	−0.021%	$421K	$1.8M	20x	as long as short
Lighter GOOGL	+0.0080%	1h	357.50	+0.015%	$2.1M	$1.2M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.09	−0.100%	$137K	$36K	20x	as long as short
Pacifica GOOGLshort	+0.0100%	1h	357.20	−0.068%	$42K	$41K	10x
KuCoin GOOGLUSDTM	+0.0100%	8h	357.02	−0.119%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.25	−0.055%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.32	−0.035%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.26	−0.051%	$25K	—	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0145%	8h	357.47	+0.007%	$13.8M	$12.5M	50x	as long as short
edgeX GOOGLUSDC	+0.0846%	4h	357.17	−0.076%	$208K	$1.2M	10x	as long as short