Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: Ondo Perps against tradeXYZ−0.034%7-day average −0.027% · you buy dearer than you sell

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

Long on tradeXYZ Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 7 days−0.152%−$15 · spread now −0.034%, 7d avg −0.027%

Together, before fees−0.159%+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm board−$16 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:GOOGL	357.69	0.0050	pay 0.0006% / 1h	43m 03s	$98.0M	$21.9M	20x
Short	Ondo Perps GOOGL-USD.P	357.57	0.0050	get 0.0006% / 1h	43m 03s	$2.3M	$4.0M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against tradeXYZ. 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 tradeXYZbpFee Ondo PerpsbpOrdersPrice spread, now −0.034%Rate

Funding earned: $0.08
Price spread: −0.034% → −0.027%: −$0.66
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$23.57
Costs to cover: 0.230%
Break-even: 1971.4 days

Slippage unknown: tradeXYZ: live order book, 10 min ago; 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 tradeXYZ live order book, 10 min ago	0.28 bp	10.0 bp −$10	12.4 bp −$124	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

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 exchanges

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	−0.1600%	1h	354.22	−0.970%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0040%	1h	357.46	−0.064%	$517K	$1.2M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.96	+0.075%	$11.5M	$7.7M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.95	+0.073%	$13.5M	$13.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.84	+0.042%	$3.7M	$6.8M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.90	+0.059%	$17.4M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.87	+0.051%	$5.0M	$2.3M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.01	+0.089%	$2K	$3.7M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.14	+0.126%	$115K	$211K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.01	+0.089%	$2.7M	$114K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit GOOGL_USDC-PERPETUAL	+0.0002%	1h	357.75	+0.017%	$29K	$152K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0031%	1h	357.87	+0.049%	$144K	$42K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.92	+0.064%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.159%	$128K	$45K	30x	as long as short
Aster GOOGLUSDT	+0.0044%	8h	357.88	+0.053%	$367K	$420K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.97	+0.078%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGLlong	+0.0050%	1h	357.69	long leg	$98.0M	$21.9M	20x
Polymarket Perps GOOG-USD	+0.0050%	1h	357.82	+0.036%	$685K	$422K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.65	−0.011%	$111	$46K	10x	as long as short
Ondo Perps GOOGL-USD.Pshort	+0.0050%	1h	357.57	−0.034%	$2.3M	$4.0M	15x
Paradex GOOGL-USD-PERP	+0.0060%	8h	357.79	+0.027%	$293	$253	5x	as long as short
QFEX GOOGL-USD	+0.0060%	1h	357.92	+0.064%	$1.3M	$4.1M	10x	as long as short
Binance GOOGLUSDT	+0.0060%	8h	358.01	+0.089%	$73.1M	$145.5M	50x	as long as short
Extended GOOGL-USD	+0.0064%	1h	357.89	+0.056%	$426K	$2.4M	20x	as long as short
GRVT GOOGL_USDT_Perp	+0.0066%	8h	357.96	+0.076%	$12K	$463K	10x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.84	+0.042%	$42K	$20K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.63	−0.017%	$3.0M	$258K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.68	−0.003%	$36K	$17K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.74	+0.014%	$10K	$11K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	357.89	+0.056%	$2.0M	$2.1M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.69	−0.001%	$25K	—	10x	as long as short
Nado GOOGL-PERP	+0.0113%	1h	357.70	+0.004%	$552K	$82K	20x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.61	−0.022%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0180%	8h	357.99	+0.084%	$695K	$231K	20x	as long as short
Arcus GOOGL-USD	+0.0199%	1h	357.81	+0.034%	$211K	$213K	10x	as long as short
edgeX GOOGLUSDC	+0.0718%	4h	357.82	+0.035%	$208K	$1.2M	10x	as long as short