Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against SunX+0.042%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1161.159% of the position

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.042%, 7d avg +0.031%

Together, before fees−0.015%−$2 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	357.00	0	get 0.0000% / 8h	1h 21m	$1K	$4.0M	20x
Short	HTX GOOGL-USDT	357.15	0	get 0.0000% / 8h	1h 21m	$115K	$211K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.042%Rate

Funding earned: $0
Price spread: +0.042% → +0.031%: $1.11
Slippage, 4 orders: −$95.92
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$114.81
Costs to cover: 1.159%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; HTX: live order book, 20 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, 7 min ago	44.69 bp	49.2 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 20 min ago	2.80 bp	8.8 bp −$9	20.8 bp −$208	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
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.60	−0.112%	$511K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	356.92	−0.022%	$13.6M	$13.1M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.86	−0.039%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.04	+0.011%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.93	−0.019%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.92	−0.022%	$23K	$448K	10x	as long as short
SunX GOOGL-USDTlong	0.0000%	8h	357.00	long leg	$1K	$4.0M	20x
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.80	−0.056%	$24K	$156K	10x	as long as short
HTX GOOGL-USDTshort	0.0000%	8h	357.15	+0.042%	$115K	$211K	30x
Phemex GOOGLUSDT	0.0000%	4h	357.08	+0.022%	$2.7M	$88K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0019%	1h	356.71	−0.081%	$144K	$46K	10x	as long as short
Aster GOOGLUSDT	+0.0022%	8h	357.10	+0.029%	$365K	$424K	20x	as long as short
Nado GOOGL-PERP	+0.0024%	1h	356.85	−0.043%	$549K	$92K	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.93	−0.020%	$1.3M	$2.1M	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	+0.0038%	1h	356.95	−0.014%	$1.3M	$4.2M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.71	−0.081%	$207K	$278K	10x	as long as short
Binance GOOGLUSDT	+0.0043%	8h	356.98	−0.006%	$72.0M	$143.7M	50x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.10	+0.028%	—	$5K	25x	as long as short
Extended GOOGL-USD	+0.0048%	1h	356.89	−0.030%	$423K	$1.2M	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.80	−0.056%	$98.0M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.72	−0.078%	$684K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.81	−0.053%	$150	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.60	−0.112%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0053%	8h	356.95	−0.015%	$293	$253	5x	as long as short
Hotstuff GOOGL-PERP	+0.0056%	1h	356.80	−0.056%	$33K	—	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.86	−0.039%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.78	−0.061%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.59	−0.115%	$3.0M	$100K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.82	−0.050%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.84	−0.045%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.86	−0.039%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0120%	1h	356.97	−0.008%	$2.0M	$1.3M	20x	as long as short
Bybit GOOGLUSDT	+0.0145%	8h	357.00	0.000%	$11.5M	$7.9M	100x	as long as short
BloFin GOOGL-USDT	+0.0164%	8h	356.99	−0.003%	$688K	$236K	20x	as long as short
edgeX GOOGLUSDC	+0.0929%	4h	356.89	−0.032%	$208K	$1.2M	10x	as long as short