Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.005%

Price spread now: Polymarket Perps against Paradex−0.060%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 Polymarket Perps

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

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Polymarket Perps is 0.060% cheaper against Paradex than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex GOOGL-USD-PERP	356.36	0.0084	pay 0.0084% / 8h	1h 49m	$292	$253	5x
Short	Polymarket Perps GOOG-USD	356.15	0.0050	get 0.0006% / 1h	49m 05s	$683K	$438K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.060%Rate

Funding earned: −$7.04
Price spread: −0.060% → 0.000%: −$6.02
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$25.06
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Polymarket Perps: live order book, 34 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 Polymarket Perps live order book, 34 min ago	1.26 bp	5.3 bp −$5	6.8 bp −$68	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
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.19	−0.049%	$530K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0016%	1h	356.15	−0.060%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.30	−0.018%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.19	−0.048%	$4.6M	$2.5M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.26	−0.029%	$23K	$504K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.44	+0.021%	$1K	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.55	+0.052%	$114K	$224K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.38	+0.004%	$2.7M	$64K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0018%	1h	356.02	−0.097%	$144K	$55K	10x	as long as short
Bybit GOOGLUSDT	+0.0021%	8h	356.50	+0.038%	$11.5M	$7.7M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GOOGLUSDT	+0.0021%	8h	356.45	+0.023%	$362K	$455K	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.45	+0.024%	$1.4M	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.212%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0045%	1h	356.37	+0.001%	$1.3M	$4.8M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.35	−0.004%	—	$5K	25x	as long as short
Binance GOOGLUSDT	+0.0047%	8h	356.44	+0.021%	$73.0M	$142.2M	50x	as long as short
Extended GOOGL-USD	+0.0048%	1h	356.39	+0.006%	$421K	$1.6M	20x	as long as short
Polymarket Perps GOOG-USDshort	+0.0050%	1h	356.15	−0.060%	$683K	$438K	10x
SoDEX GOOGL-USD	+0.0050%	1h	356.19	−0.049%	$187	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.04	−0.091%	$2.3M	$5.0M	15x	as long as short
tradeXYZ xyz:GOOGL	+0.0055%	1h	356.23	−0.038%	$98.0M	$25.2M	20x	as long as short
Bitget GOOGLUSDT	+0.0063%	8h	356.44	+0.021%	$16.9M	$9.2M	100x	as long as short
OKX GOOGL-USDT-SWAP	+0.0065%	8h	356.40	+0.010%	$13.8M	$12.8M	50x	as long as short
Paradex GOOGL-USD-PERPlong	+0.0084%	8h	356.36	long leg	$292	$253	5x
Pacifica GOOGL	+0.0100%	1h	356.01	−0.098%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	355.90	−0.130%	$3.0M	$68K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	355.97	−0.111%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.25	−0.032%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.22	−0.040%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0135%	1h	356.14	−0.063%	$137K	$48K	20x	as long as short
Nado GOOGL-PERP	+0.0135%	1h	356.12	−0.069%	$558K	$81K	20x	as long as short
BloFin GOOGL-USDT	+0.0167%	8h	356.16	−0.057%	$689K	$235K	20x	as long as short
Arcus GOOGL-USD	+0.0169%	1h	356.15	−0.060%	$202K	$271K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0199%	1h	356.27	−0.027%	$22K	$151K	10x	as long as short
Lighter GOOGL	+0.0248%	1h	356.45	+0.024%	$2.0M	$1.0M	20x	as long as short
edgeX GOOGLUSDC	+0.1000%	4h	356.20	−0.047%	$208K	$1.2M	10x	as long as short