Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.028%

Price spread now: Bitget against SunX+0.014%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1151.147% of the position

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.092%+$9 on $10k

Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.014%, 7d avg −0.004%

Together, before fees+0.034%+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX GOOGL-USDT	357.24	0	get 0.0000% / 8h	7h 55m	$2K	$4.0M	20x
Short	Bitget GOOGLUSDT	357.29	0	get 0.0000% / 8h	7h 55m	$17.3M	$9.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → −0.004%: $1.81
Slippage, 4 orders: −$94.71
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$112.91
Costs to cover: 1.147%
Break-even: never at this rate

Slippage from SunX: live order book, 12 min ago; Bitget: live order book, 3 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 SunX live order book, 12 min ago	44.87 bp	49.3 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	0.84 bp	7.9 bp −$8	12.0 bp −$120	doesn't fit	doesn't fit

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	−0.0144%	1h	356.97	−0.076%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0080%	1h	356.87	−0.104%	$512K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.37	+0.038%	$366K	$422K	20x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.26	+0.006%	$11.5M	$7.8M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.23	−0.003%	$13.5M	$12.9M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.18	−0.017%	$3.6M	$7.0M	100x	as long as short
Bitget GOOGLUSDTshort	0.0000%	8h	357.29	+0.014%	$17.3M	$9.7M	100x
Variational Omni GOOGL	0.0000%	8h	357.23	−0.004%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.31	+0.020%	$24K	$447K	10x	as long as short
SunX GOOGL-USDTlong	0.0000%	8h	357.24	long leg	$2K	$4.0M	20x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.09	−0.042%	$24K	$157K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.40	+0.045%	$115K	$210K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.45	+0.059%	$2.7M	$88K	10x	as long as short
Binance GOOGLUSDT	+0.0021%	8h	357.23	−0.002%	$72.1M	$142.7M	50x	as long as short
Extended GOOGL-USD	+0.0024%	1h	357.10	−0.040%	$427K	$2.5M	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0027%	1h	357.31	+0.019%	$144K	$44K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.16	−0.022%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.034%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.14	−0.028%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.05	−0.053%	$207K	$279K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0044%	8h	356.91	−0.092%	$3.0M	$121K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.30	+0.017%	—	$5K	25x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.12	−0.034%	$685K	$415K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.07	−0.048%	$129	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.07	−0.048%	$2.3M	$4.6M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0052%	8h	357.08	−0.044%	$293	$253	5x	as long as short
tradeXYZ xyz:GOOGL	+0.0068%	1h	357.06	−0.050%	$98.2M	$21.5M	20x	as long as short
BloFin GOOGL-USDT	+0.0088%	8h	357.45	+0.059%	$693K	$235K	20x	as long as short
Nado GOOGL-PERP	+0.0095%	1h	357.04	−0.055%	$549K	$88K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.95	−0.082%	$42K	$25K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.08	−0.045%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.12	−0.034%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.16	−0.022%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.32	+0.022%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0240%	1h	357.23	−0.003%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0687%	4h	357.42	+0.051%	$208K	$1.2M	10x	as long as short