Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Ondo Perps against SoDEX−0.051%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Ondo Perps

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 airdropOndo Perps: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.051% cheaper against SoDEX than usual: you would sell low and buy high, −$5 on $10k if it 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	356.33	0.0050	pay 0.0006% / 1h	24m 34s	$175	$46K	10x
Short	Ondo Perps GOOGL-USD.P	356.15	0.0050	get 0.0006% / 1h	24m 34s	$2.2M	$4.8M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.051%Rate

Funding earned: $0.08
Price spread: −0.051% → 0.000%: −$5.05
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$17.97
Costs to cover: 0.130%
Break-even: 1504.3 days

Slippage unknown: SoDEX: no order-book sample; Ondo Perps: no order-book sample. 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 Ondo Perps no order-book sample	—	—	—	—	—

SoDEX and Ondo Perps: 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	356.22	−0.031%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.36	+0.008%	$3.6M	$7.5M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.52	+0.053%	$23K	$452K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.52	+0.053%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.21	−0.034%	$23K	$153K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.62	+0.081%	$115K	$225K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.66	+0.093%	$2.7M	$66K	10x	as long as short
edgeX GOOGLUSDC	+0.0006%	4h	356.49	+0.046%	$209K	$1.2M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0014%	1h	356.24	−0.025%	$144K	$52K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.42	+0.025%	$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	−0.135%	$528K	$1.1M	10x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.222%	$128K	$45K	30x	as long as short
Lighter GOOGL	+0.0040%	1h	356.35	+0.006%	$2.1M	$1.1M	20x	as long as short
Nado GOOGL-PERP	+0.0045%	1h	356.19	−0.039%	$556K	$80K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.45	+0.034%	—	$5K	25x	as long as short
Variational Omni GOOGL	+0.0049%	8h	356.48	+0.041%	$4.8M	$2.3M	—	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.22	−0.031%	$98.2M	$22.2M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.28	−0.014%	$683K	$441K	10x	as long as short
SoDEX GOOGL-USDlong	+0.0050%	1h	356.33	long leg	$175	$46K	10x
Ondo Perps GOOGL-USD.Pshort	+0.0050%	1h	356.15	−0.051%	$2.2M	$4.8M	15x
QFEX GOOGL-USD	+0.0064%	1h	356.35	+0.006%	$1.3M	$4.7M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0076%	8h	356.35	+0.005%	$292	$253	5x	as long as short
Bitget GOOGLUSDT	+0.0078%	8h	356.48	+0.042%	$17.0M	$9.2M	100x	as long as short
Aster GOOGLUSDT	+0.0093%	8h	356.61	+0.079%	$365K	$458K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.17	−0.045%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.04	−0.081%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.30	−0.008%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.32	−0.003%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.38	+0.013%	$25K	—	10x	as long as short
Bybit GOOGLUSDT	+0.0105%	8h	356.51	+0.051%	$11.5M	$7.7M	100x	as long as short
Extended GOOGL-USD	+0.0112%	1h	356.34	+0.003%	$421K	$1.8M	20x	as long as short
Binance GOOGLUSDT	+0.0114%	8h	356.42	+0.025%	$72.9M	$142.0M	50x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.27	−0.017%	$137K	$48K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0191%	8h	356.52	+0.053%	$13.8M	$12.7M	50x	as long as short
BloFin GOOGL-USDT	+0.0234%	8h	356.54	+0.059%	$689K	$234K	20x	as long as short
Arcus GOOGL-USD	+0.0306%	1h	356.29	−0.011%	$202K	$271K	10x	as long as short