Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.007%

Price spread now: Deribit against Variational Omni−0.033%7-day average −0.034% · you buy dearer than you sell

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

Long on Variational Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.114%+$11 on $10k

Price spread, last 3 days (all we have)+0.145%+$15 · spread now −0.033%, 7d avg −0.034%

Together, before fees+0.259%+ Points / potential airdropVariational Omni: Active · farm board+$26 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GOOGL	356.13	0	get 0.0000% / 8h	2h 09m	$4.6M	$2.6M	—
Short	Deribit GOOGL_USDC-PERPETUAL	356.01	0	get 0.0000% / 1h	9m 46s	$22K	$151K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Variational Omni. 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 Variational OmnibpFee DeribitbpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → −0.034%: $0.1
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$6.9
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Deribit: live order book, 14 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 Variational Omni RFQ quote, 4 min ago	2.61 bp	doesn't fit	13.8 bp −$138	doesn't fit	doesn't fit
Sell Deribit live order book, 14 min ago	0.14 bp	3.6 bp −$4	7.0 bp −$70	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	−0.0032%	1h	355.79	−0.094%	$523K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	356.08	−0.014%	$362K	$455K	20x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	356.16	+0.010%	$11.5M	$7.7M	100x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.01	−0.033%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGLlong	0.0000%	8h	356.13	long leg	$4.6M	$2.6M	—
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.17	+0.011%	$23K	$509K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.13	+0.001%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUALshort	0.0000%	1h	356.01	−0.033%	$22K	$151K	10x
HTX GOOGL-USDT	0.0000%	8h	356.22	+0.026%	$114K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.20	+0.021%	$2.7M	$64K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GOOGL-USD	+0.0016%	1h	356.10	−0.006%	$422K	$1.6M	20x	as long as short
Binance GOOGLUSDT	+0.0017%	8h	356.14	+0.004%	$72.8M	$141.5M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0017%	1h	355.96	−0.045%	$144K	$55K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.25	+0.035%	$1.4M	$2.6M	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0033%	8h	356.15	+0.007%	$13.8M	$12.9M	50x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.279%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0043%	1h	356.05	−0.021%	$1.3M	$4.7M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.24	+0.032%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	355.97	−0.044%	$97.9M	$25.3M	20x	as long as short
Bitget GOOGLUSDT	+0.0050%	8h	356.10	−0.007%	$17.0M	$9.2M	100x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.02	−0.030%	$683K	$438K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	355.95	−0.049%	$190	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	355.77	−0.100%	$2.3M	$4.9M	15x	as long as short
Hotstuff GOOGL-PERP	+0.0056%	1h	355.94	−0.052%	$33K	—	20x	as long as short
BloFin GOOGL-USDT	+0.0063%	8h	356.12	−0.002%	$689K	$235K	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0066%	8h	356.12	−0.002%	$292	$253	5x	as long as short
Arcus GOOGL-USD	+0.0071%	1h	355.94	−0.052%	$202K	$303K	10x	as long as short
Nado GOOGL-PERP	+0.0085%	1h	355.92	−0.057%	$556K	$81K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	355.89	−0.066%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	355.80	−0.092%	$3.0M	$68K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	355.86	−0.075%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.09	−0.010%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.01	−0.034%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	356.05	−0.021%	$137K	$48K	20x	as long as short
Lighter GOOGL	+0.0192%	1h	356.21	+0.024%	$2.0M	$1.0M	20x	as long as short
edgeX GOOGLUSDC	+0.0416%	4h	356.18	+0.014%	$208K	$1.2M	10x	as long as short