Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.030%

Price spread now: HTX against Variational Omni+0.080%7-day average +0.047% · you sell dearer than you buy

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

Long on Variational Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.032%−$3 on $10k

Price spread, last 3 days (all we have)+0.066%+$7 · spread now +0.080%, 7d avg +0.047%

Together, before fees+0.034%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.034% dearer against Variational Omni than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GOOGL	356.19	0	get 0.0000% / 8h	1h 49m	$4.6M	$2.5M	—
Short	HTX GOOGL-USDT	356.48	0	get 0.0000% / 8h	1h 49m	$114K	$224K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.080%Rate

Funding earned: $0
Price spread: +0.080% → +0.047%: $3.36
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee HTX: 6 bp × 2 orders: −$12
Net: −$8.64
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; HTX: live order book, 32 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, 5 min ago	2.63 bp	doesn't fit	12.4 bp −$124	doesn't fit	doesn't fit
Sell HTX live order book, 32 min ago	2.81 bp	8.8 bp −$9	15.6 bp −$156	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	355.79	−0.114%	$523K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0016%	1h	356.15	−0.013%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.28	+0.024%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGLlong	0.0000%	8h	356.19	long leg	$4.6M	$2.5M	—
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.09	−0.029%	$23K	$505K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.39	+0.055%	$2K	$4.2M	20x	as long as short
HTX GOOGL-USDTshort	0.0000%	8h	356.48	+0.080%	$114K	$224K	30x
Phemex GOOGLUSDT	0.0000%	4h	356.33	+0.038%	$2.7M	$64K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0018%	1h	356.02	−0.049%	$144K	$55K	10x	as long as short
Bybit GOOGLUSDT	+0.0021%	8h	356.46	+0.074%	$11.5M	$7.7M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GOOGLUSDT	+0.0021%	8h	356.41	+0.061%	$362K	$455K	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.45	+0.072%	$1.4M	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.260%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0045%	1h	356.37	+0.049%	$1.3M	$4.8M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.26	+0.018%	—	$5K	25x	as long as short
Binance GOOGLUSDT	+0.0047%	8h	356.43	+0.066%	$73.0M	$142.2M	50x	as long as short
Extended GOOGL-USD	+0.0048%	1h	356.39	+0.054%	$421K	$1.6M	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.13	−0.018%	$98.0M	$25.2M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.10	−0.027%	$683K	$438K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.13	−0.018%	$189	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.04	−0.043%	$2.3M	$5.0M	15x	as long as short
Bitget GOOGLUSDT	+0.0063%	8h	356.44	+0.069%	$16.9M	$9.2M	100x	as long as short
OKX GOOGL-USDT-SWAP	+0.0064%	8h	356.40	+0.058%	$13.8M	$12.8M	50x	as long as short
Paradex GOOGL-USD-PERP	+0.0084%	8h	356.36	+0.048%	$292	$253	5x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.01	−0.050%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	355.85	−0.097%	$3.0M	$68K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	355.97	−0.063%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.17	−0.007%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.15	−0.013%	$25K	—	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0115%	1h	356.15	−0.013%	$22K	$151K	10x	as long as short
Nado GOOGL-PERP	+0.0129%	1h	356.04	−0.045%	$557K	$81K	20x	as long as short
Phoenix GOOGL	+0.0135%	1h	356.15	−0.013%	$137K	$48K	20x	as long as short
BloFin GOOGL-USDT	+0.0164%	8h	356.16	−0.010%	$689K	$235K	20x	as long as short
Arcus GOOGL-USD	+0.0169%	1h	356.15	−0.013%	$202K	$271K	10x	as long as short
Lighter GOOGL	+0.0248%	1h	356.45	+0.072%	$2.0M	$1.0M	20x	as long as short
edgeX GOOGLUSDC	+0.1000%	4h	356.20	0.000%	$208K	$1.2M	10x	as long as short