Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0699%/8h= +76.5% APRpaid last 24h +0.170%

Price spread now: edgeX against Variational Omni+0.042%104s7-day average −0.029% · you sell dearer than you buy

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

Long on Variational Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.576%+$58 on $10k

Price spread, last 7 days−0.046%−$5 · spread now +0.042%, 7d avg −0.029%

Together, before fees+0.530%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$53 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and edgeX is 0.071% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.029%. The two prices were read 104 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GOOGL	358.44	0	get 0.0000% / 8h	6h 59m	$4.8M	$2.4M	—
Short	edgeX GOOGLUSDC	358.59	0.0699	get 0.0349% / 4h	2h 59m	$209K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.042%Rate

Funding earned: $146.76
Price spread: +0.042% → −0.029%: $7.09
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $144.85
Costs to cover: 0.090%
Break-even: 0.1 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; edgeX: live order book, 4 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	2.62 bp	doesn't fit	8.7 bp −$87	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	3.49 bp	8.2 bp −$8	11.4 bp −$114	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	−0.0080%	1h	358.32	−0.033%	$514K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0040%	1h	358.27	−0.047%	$33K	—	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	358.62	+0.051%	$13.5M	$13.5M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.44	0.000%	$3.6M	$7.2M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.67	+0.065%	$17.4M	$9.3M	100x	as long as short
Variational Omni GOOGLlong	0.0000%	8h	358.44	long leg	$4.8M	$2.4M	—
SunX GOOGL-USDT	0.0000%	8h	358.59	+0.042%	$2K	$3.8M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	358.32	−0.033%	$24K	$149K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.72	+0.078%	$115K	$213K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.66	+0.062%	$2.7M	$95K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GOOGLUSDT	+0.0007%	8h	358.37	−0.019%	$368K	$423K	20x	as long as short
Extended GOOGL-USD	+0.0024%	1h	358.50	+0.018%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDT	+0.0025%	8h	358.61	+0.048%	$72.8M	$142.5M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0027%	1h	358.38	−0.016%	$145K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.51	+0.020%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.368%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	358.42	−0.005%	$1.3M	$4.1M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	358.58	+0.039%	—	$5K	25x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	358.31	−0.036%	$686K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	358.42	−0.005%	$127	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	358.31	−0.036%	$2.3M	$4.0M	15x	as long as short
Nado GOOGL-PERP	+0.0053%	1h	358.28	−0.044%	$551K	$81K	20x	as long as short
GRVT GOOGL_USDT_Perp	+0.0055%	8h	358.67	+0.066%	$24K	$449K	10x	as long as short
Bybit GOOGLUSDT	+0.0056%	8h	358.58	+0.039%	$11.5M	$7.4M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0064%	8h	358.47	+0.009%	$294	$253	5x	as long as short
Arcus GOOGL-USD	+0.0081%	1h	358.37	−0.019%	$211K	$283K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0082%	8h	358.23	−0.058%	$3.0M	$178K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	358.48	+0.012%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0097%	8h	358.54	+0.028%	$682K	$237K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	358.56	+0.035%	$42K	$23K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	358.34	−0.028%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.40	−0.011%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	358.34	−0.026%	$25K	—	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0114%	1h	358.42	−0.005%	$98.1M	$21.8M	20x	as long as short
Lighter GOOGL	+0.0184%	1h	358.55	+0.031%	$2.0M	$1.6M	20x	as long as short
edgeX GOOGLUSDCshort	+0.0699%	4h	358.59	+0.042%	$209K	$1.2M	10x