Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: HTX against SoDEX+0.073%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 HTX

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

The price spread pays, funding is against you. HTX is 0.073% dearer against SoDEX than usual: you sell high and buy low (spread +0.073% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX GOOGL-USD	356.20	0.0050	pay 0.0006% / 1h	23m 43s	$177	$46K	10x
Short	HTX GOOGL-USDT	356.46	0	get 0.0000% / 8h	7h 23m	$114K	$225K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.073%Rate

Funding earned: −$10.5
Price spread: +0.073% → 0.000%: $7.3
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$23.2
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; HTX: live order book, 48 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 HTX live order book, 48 min ago	2.66 bp	8.9 bp −$9	16.0 bp −$160	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
Hotstuff GOOGL-PERP	−0.0032%	1h	356.16	−0.011%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.29	+0.025%	$3.6M	$7.5M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.52	+0.090%	$23K	$452K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.40	+0.056%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.12	−0.022%	$23K	$153K	10x	as long as short
HTX GOOGL-USDTshort	0.0000%	8h	356.46	+0.073%	$114K	$225K	30x
Phemex GOOGLUSDT	0.0000%	4h	356.65	+0.126%	$2.7M	$66K	10x	as long as short
edgeX GOOGLUSDC	+0.0006%	4h	356.49	+0.082%	$209K	$1.2M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0014%	1h	356.21	+0.004%	$144K	$52K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.33	+0.036%	$1.4M	$2.3M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International GOOGL-PERP-INTX	+0.0032%	1h	355.85	−0.098%	$528K	$1.1M	10x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.258%	$128K	$45K	30x	as long as short
Lighter GOOGL	+0.0040%	1h	356.26	+0.017%	$2.1M	$1.1M	20x	as long as short
Nado GOOGL-PERP	+0.0045%	1h	356.19	−0.003%	$556K	$80K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.45	+0.070%	—	$5K	25x	as long as short
Variational Omni GOOGL	+0.0049%	8h	356.48	+0.078%	$4.8M	$2.3M	—	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.14	−0.017%	$98.2M	$22.2M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.21	+0.003%	$683K	$441K	10x	as long as short
SoDEX GOOGL-USDlong	+0.0050%	1h	356.20	long leg	$177	$46K	10x
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.15	−0.014%	$2.2M	$4.8M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	356.19	−0.003%	$1.3M	$4.7M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0076%	8h	356.26	+0.016%	$292	$253	5x	as long as short
Bitget GOOGLUSDT	+0.0076%	8h	356.42	+0.062%	$17.0M	$9.2M	100x	as long as short
Aster GOOGLUSDT	+0.0092%	8h	356.55	+0.099%	$364K	$458K	20x	as long as short
Bybit GOOGLUSDT	+0.0099%	8h	356.35	+0.042%	$11.5M	$7.7M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.04	−0.046%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	355.98	−0.062%	$3.0M	$64K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.30	+0.028%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.25	+0.014%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.27	+0.021%	$25K	—	10x	as long as short
Extended GOOGL-USD	+0.0112%	1h	356.18	−0.007%	$421K	$1.8M	20x	as long as short
Binance GOOGLUSDT	+0.0113%	8h	356.28	+0.023%	$72.8M	$142.1M	50x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.27	+0.020%	$137K	$48K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0191%	8h	356.41	+0.059%	$13.8M	$12.7M	50x	as long as short
BloFin GOOGL-USDT	+0.0234%	8h	356.54	+0.095%	$689K	$234K	20x	as long as short
Arcus GOOGL-USD	+0.0306%	1h	356.24	+0.011%	$202K	$271K	10x	as long as short