Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: HTX against Vest+0.050%7-day average — · you sell dearer than you buy

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

Long on Vest Short on HTX

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 airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. HTX is 0.050% dearer against Vest than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest GOOGL-USD-PERP	358.59	0.0046	pay 0.0006% / 1h	57m 08s	—	$5K	25x
Short	HTX GOOGL-USDT	358.77	0	get 0.0000% / 8h	6h 57m	$115K	$213K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Vest. 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 VestbpFee HTXbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$9.59
Price spread: +0.050% → 0.000%: $5.02
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee HTX: 6 bp × 2 orders: −$12
Net: −$18.57
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; HTX: live order book, 34 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 Vest no order-book sample	—	—	—	—	—
Sell HTX live order book, 34 min ago	2.80 bp	8.8 bp −$9	16.0 bp −$160	doesn't fit	doesn't fit

Vest: 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	−0.0056%	1h	358.32	−0.075%	$514K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	358.67	+0.022%	$13.5M	$13.5M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.55	−0.011%	$3.7M	$6.7M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.72	+0.036%	$17.4M	$9.3M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	358.44	−0.042%	$4.8M	$2.4M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.54	−0.014%	$1K	$3.8M	20x	as long as short
HTX GOOGL-USDTshort	0.0000%	8h	358.77	+0.050%	$115K	$213K	30x
Phemex GOOGLUSDT	0.0000%	4h	358.78	+0.053%	$2.7M	$97K	10x	as long as short
Aster GOOGLUSDT	+0.0008%	8h	358.37	−0.062%	$368K	$423K	20x	as long as short
Extended GOOGL-USD	+0.0024%	1h	358.46	−0.036%	$424K	$2.5M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GOOGLUSDT	+0.0026%	8h	358.61	+0.006%	$72.7M	$142.3M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0028%	1h	358.46	−0.035%	$145K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.52	−0.020%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.410%	$128K	$45K	30x	as long as short
GRVT GOOGL_USDT_Perp	+0.0043%	8h	358.61	+0.007%	$23K	$451K	10x	as long as short
Vest GOOGL-USD-PERPlong	+0.0046%	1h	358.59	long leg	—	$5K	25x
Bybit GOOGLUSDT	+0.0047%	8h	358.61	+0.006%	$11.5M	$7.4M	100x	as long as short
Hotstuff GOOGL-PERP	+0.0048%	1h	358.35	−0.067%	$33K	—	20x	as long as short
QFEX GOOGL-USD	+0.0048%	1h	358.46	−0.036%	$1.3M	$4.1M	10x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	358.34	−0.070%	$686K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	358.39	−0.056%	$127	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	358.20	−0.109%	$2.3M	$4.0M	15x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0057%	1h	358.41	−0.050%	$24K	$149K	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0064%	8h	358.44	−0.043%	$294	$253	5x	as long as short
Nado GOOGL-PERP	+0.0066%	1h	358.32	−0.076%	$551K	$81K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0066%	1h	358.49	−0.028%	$98.1M	$21.8M	20x	as long as short
Arcus GOOGL-USD	+0.0081%	1h	358.33	−0.073%	$211K	$283K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0085%	8h	358.22	−0.103%	$3.0M	$183K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	358.43	−0.045%	$138K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	358.48	−0.032%	$42K	$23K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	358.31	−0.078%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.44	−0.042%	$10K	$11K	20x	as long as short
BloFin GOOGL-USDT	+0.0104%	8h	358.58	−0.003%	$685K	$237K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	358.39	−0.054%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0184%	1h	358.57	−0.006%	$2.0M	$1.7M	20x	as long as short
edgeX GOOGLUSDC	+0.0272%	4h	358.55	−0.011%	$209K	$1.2M	10x	as long as short