Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0161%/8h= +17.6% APRpaid last 24h +0.074%

Price spread now: BloFin against SoDEX+0.070%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and BloFin is 0.070% dearer against SoDEX than usual: you sell high and buy low: +$7 more if the spread 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	SoDEX GOOGL-USD	357.51	0.0050	pay 0.0006% / 1h	12m 35s	$146	$46K	10x
Short	BloFin GOOGL-USDT	357.76	0.0211	get 0.0211% / 8h	4h 12m	$694K	$234K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against SoDEX. 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 SoDEXbpFee BloFinbpOrdersPrice spread, now +0.070%Rate

Funding earned: $33.8
Price spread: +0.070% → 0.000%: $6.99
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: $20.79
Costs to cover: 0.200%
Break-even: 2.7 days

Slippage unknown: SoDEX: no order-book sample; BloFin: live order book, 24 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 SoDEX no order-book sample	—	—	—	—	—
Sell BloFin live order book, 24 min ago	0.14 bp	6.4 bp −$6	7.8 bp −$78	16.1 bp −$1,607	doesn't fit

SoDEX: 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	−0.0048%	1h	357.54	+0.008%	$526K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	0.0000%	1h	357.50	−0.003%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.61	+0.028%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.77	+0.073%	$17.4M	$9.6M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.76	+0.070%	$23K	$432K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.74	+0.064%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.87	+0.101%	$115K	$221K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.83	+0.090%	$2.7M	$86K	10x	as long as short
Variational Omni GOOGL	+0.0006%	8h	357.73	+0.062%	$4.8M	$2.3M	—	as long as short
Aftermath Perps GOOGLUSD	+0.0020%	1h	357.63	+0.033%	$144K	$48K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH GOOGL	+0.0032%	1h	357.73	+0.062%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.109%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.45	−0.017%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.67	+0.045%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0050%	1h	357.66	+0.042%	$1.3M	$4.2M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.52	+0.003%	$99.1M	$20.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.46	−0.014%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USDlong	+0.0050%	1h	357.51	long leg	$146	$46K	10x
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.34	−0.048%	$2.3M	$4.9M	15x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0058%	1h	357.48	−0.008%	$24K	$155K	10x	as long as short
Aster GOOGLUSDT	+0.0072%	8h	357.91	+0.111%	$366K	$426K	20x	as long as short
Nado GOOGL-PERP	+0.0078%	1h	357.46	−0.014%	$558K	$81K	20x	as long as short
Extended GOOGL-USD	+0.0088%	1h	357.65	+0.040%	$423K	$1.8M	20x	as long as short
Binance GOOGLUSDT	+0.0091%	8h	357.75	+0.067%	$73.0M	$141.2M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.42	−0.024%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.29	−0.062%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.48	−0.008%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.44	−0.020%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.57	+0.017%	$25K	—	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0106%	8h	357.64	+0.036%	$293	$253	5x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.60	+0.025%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0112%	8h	357.74	+0.064%	$13.8M	$12.4M	50x	as long as short
BloFin GOOGL-USDTshort	+0.0211%	8h	357.76	+0.070%	$694K	$234K	20x
Bybit GOOGLUSDT	+0.0215%	8h	357.81	+0.084%	$12.0M	$7.5M	100x	as long as short
Lighter GOOGL	+0.0272%	1h	357.74	+0.064%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0650%	4h	357.72	+0.057%	$209K	$1.2M	10x	as long as short