Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.014%

Price spread now: Pacifica against Variational Omni−0.047%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm boardneeds both histories

Funding pays, the price is against you. Pacifica is 0.047% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GOOGL	357.71	0	get 0.0000% / 8h	7h 11m	$4.8M	$2.4M	—
Short	Pacifica GOOGL	357.54	0.0100	get 0.0013% / 1h	11m 29s	$42K	$25K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.047%Rate

Funding earned: $21
Price spread: −0.047% → 0.000%: −$4.74
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $8.26
Costs to cover: 0.080%
Break-even: 4.2 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Pacifica: 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 Variational Omni RFQ quote, 3 min ago	2.62 bp	doesn't fit	6.0 bp −$60	doesn't fit	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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 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	357.26	−0.127%	$513K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0016%	1h	357.48	−0.065%	$33K	—	20x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.57	−0.041%	$367K	$423K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.85	+0.038%	$13.5M	$13.5M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.75	+0.010%	$3.6M	$7.2M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.93	+0.061%	$17.3M	$9.7M	100x	as long as short
Variational Omni GOOGLlong	0.0000%	8h	357.71	long leg	$4.8M	$2.4M	—
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.57	−0.040%	$23K	$442K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.88	+0.047%	$988	$3.9M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.94	+0.063%	$115K	$209K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex GOOGLUSDT	0.0000%	4h	357.91	+0.055%	$2.7M	$92K	10x	as long as short
Extended GOOGL-USD	+0.0008%	1h	357.79	+0.022%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDT	+0.0009%	8h	357.84	+0.035%	$72.4M	$142.1M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0029%	1h	357.39	−0.091%	$144K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.74	+0.008%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.166%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.76	+0.013%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.64	−0.020%	$210K	$283K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.85	+0.038%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.60	−0.032%	$98.3M	$21.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.44	−0.076%	$686K	$411K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.58	−0.037%	$126	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.60	−0.032%	$2.3M	$4.0M	15x	as long as short
Nado GOOGL-PERP	+0.0059%	1h	357.51	−0.057%	$550K	$86K	20x	as long as short
Bybit GOOGLUSDT	+0.0059%	8h	357.86	+0.041%	$11.5M	$7.4M	100x	as long as short
BloFin GOOGL-USDT	+0.0060%	8h	357.69	−0.006%	$684K	$235K	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0066%	8h	357.70	−0.004%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0071%	8h	357.42	−0.082%	$3.0M	$168K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.46	−0.071%	$137K	$36K	20x	as long as short
Pacifica GOOGLshort	+0.0100%	1h	357.54	−0.047%	$42K	$25K	10x
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.44	−0.076%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.80	+0.024%	$10K	$12K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.70	−0.003%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0200%	1h	357.78	+0.019%	$2.0M	$1.3M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0309%	1h	357.76	+0.013%	$24K	$149K	10x	as long as short
edgeX GOOGLUSDC	+0.0919%	4h	357.58	−0.037%	$209K	$1.2M	10x	as long as short