Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: tradeXYZ against Polymarket Perps−0.034%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$320.317% of the position

Long on Polymarket Perps Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days+0.024%+$2 · spread now −0.034%, 7d avg +0.005%

Together, before fees+0.023%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.038% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps GOOG-USD	357.78	0.0050	pay 0.0006% / 1h	44m 22s	$685K	$421K	10x
Short	tradeXYZ xyz:GOOGL	357.66	0.0050	get 0.0006% / 1h	44m 22s	$97.9M	$21.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Polymarket Perps. 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 Polymarket PerpsbpFee tradeXYZbpOrdersPrice spread, now −0.034%Rate

Funding earned: $0
Price spread: −0.034% → +0.005%: −$3.83
Slippage, 4 orders: −$5.72
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$35.55
Costs to cover: 0.317%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; tradeXYZ: live order book, 8 min ago.

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 Polymarket Perps live order book, 2 min ago	1.96 bp	6.2 bp −$6	8.8 bp −$88	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 8 min ago	0.28 bp	9.5 bp −$10	12.5 bp −$125	doesn't fit	doesn't fit

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	354.23	−0.992%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0040%	1h	357.46	−0.089%	$517K	$1.2M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.88	+0.028%	$11.5M	$7.7M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.86	+0.022%	$13.5M	$13.7M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.76	−0.006%	$3.7M	$6.8M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.90	+0.034%	$17.4M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.87	+0.026%	$5.0M	$2.3M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.95	+0.048%	$2K	$3.7M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.69	−0.025%	$29K	$152K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.03	+0.070%	$115K	$211K	30x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex GOOGLUSDT	0.0000%	4h	358.01	+0.064%	$2.7M	$114K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0031%	1h	357.85	+0.019%	$144K	$42K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.81	+0.008%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.184%	$128K	$45K	30x	as long as short
Aster GOOGLUSDT	+0.0044%	8h	357.79	+0.002%	$367K	$420K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.92	+0.039%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGLshort	+0.0050%	1h	357.66	−0.034%	$97.9M	$21.9M	20x
Polymarket Perps GOOG-USDlong	+0.0050%	1h	357.78	long leg	$685K	$421K	10x
SoDEX GOOGL-USD	+0.0050%	1h	357.61	−0.048%	$106	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.54	−0.067%	$2.3M	$4.0M	15x	as long as short
Extended GOOGL-USD	+0.0056%	1h	357.83	+0.013%	$426K	$2.4M	20x	as long as short
QFEX GOOGL-USD	+0.0060%	1h	357.84	+0.017%	$1.2M	$4.1M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0060%	8h	357.75	−0.008%	$293	$253	5x	as long as short
Binance GOOGLUSDT	+0.0060%	8h	357.95	+0.048%	$73.1M	$145.5M	50x	as long as short
GRVT GOOGL_USDT_Perp	+0.0066%	8h	357.96	+0.051%	$12K	$463K	10x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.79	+0.004%	$42K	$20K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.69	−0.025%	$3.0M	$256K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.78	0.000%	$36K	$17K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.66	−0.034%	$10K	$11K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	357.78	0.000%	$2.0M	$2.1M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.62	−0.046%	$25K	—	10x	as long as short
Nado GOOGL-PERP	+0.0113%	1h	357.65	−0.036%	$552K	$82K	20x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.97	+0.053%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0182%	8h	357.93	+0.042%	$695K	$231K	20x	as long as short
Arcus GOOGL-USD	+0.0199%	1h	357.78	0.000%	$211K	$213K	10x	as long as short
edgeX GOOGLUSDC	+0.0616%	4h	357.80	+0.006%	$208K	$1.2M	10x	as long as short