Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0407%/8h= +44.6% APRpaid last 24h +0.177%

Price spread now: edgeX against SoDEX+0.062%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 edgeX

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and edgeX is 0.062% dearer against SoDEX than usual: you sell high and buy low: +$6 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	357.01	0.0050	pay 0.0006% / 1h	46m 41s	$149	$46K	10x
Short	edgeX GOOGLUSDC	357.23	0.0457	get 0.0229% / 4h	2h 46m	$208K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.062%Rate

Funding earned: $85.57
Price spread: +0.062% → 0.000%: $6.23
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $74.81
Costs to cover: 0.170%
Break-even: 0.9 days

Slippage unknown: SoDEX: no order-book sample; edgeX: live order book, 2 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 edgeX live order book, 2 min ago	3.22 bp	8.0 bp −$8	11.2 bp −$112	doesn't fit	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
Gate GOOGL_USDT	0.0000%	8h	357.16	+0.042%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.27	+0.073%	$17.4M	$9.7M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.27	+0.073%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.97	−0.011%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.31	+0.084%	$115K	$215K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.40	+0.109%	$2.7M	$87K	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0008%	8h	357.35	+0.095%	$24K	$447K	10x	as long as short
Variational Omni GOOGL	+0.0014%	8h	357.33	+0.090%	$4.8M	$2.4M	—	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.19	+0.050%	$521K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0023%	1h	357.16	+0.041%	$144K	$47K	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	+0.0030%	1h	357.01	−0.001%	$557K	$86K	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.21	+0.056%	$1.3M	$2.1M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0032%	1h	357.07	+0.017%	$33K	—	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.031%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.03	+0.006%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.23	+0.062%	—	$5K	25x	as long as short
OKX GOOGL-USDT-SWAP	+0.0047%	8h	357.18	+0.048%	$13.7M	$12.5M	50x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.16	+0.042%	$1.3M	$4.3M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.04	+0.008%	$99.1M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.06	+0.014%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USDlong	+0.0050%	1h	357.01	long leg	$149	$46K	10x
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.93	−0.022%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0067%	8h	357.15	+0.038%	$293	$253	5x	as long as short
Aster GOOGLUSDT	+0.0073%	8h	357.39	+0.106%	$366K	$426K	20x	as long as short
Extended GOOGL-USD	+0.0088%	1h	357.13	+0.034%	$424K	$1.2M	20x	as long as short
Binance GOOGLUSDT	+0.0092%	8h	357.23	+0.062%	$72.3M	$143.1M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.00	−0.003%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.03	+0.006%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.16	+0.042%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.13	+0.034%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.12	+0.031%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.21	+0.056%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0144%	1h	357.19	+0.050%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0212%	8h	357.29	+0.078%	$694K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0228%	8h	357.33	+0.090%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDCshort	+0.0457%	4h	357.23	+0.062%	$208K	$1.2M	10x