Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: SunX against Vest+0.017%49s7-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 SunX

What this pair did over the last

the charts below follow

Funding, last 3 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 49 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	Vest GOOGL-USD-PERP	357.21	0.0046	pay 0.0006% / 1h	46m 29s	—	$5K	25x
Short	SunX GOOGL-USDT	357.27	0	get 0.0000% / 8h	2h 46m	$1K	$4.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.017%Rate

Funding earned: −$9.59
Price spread: +0.017% → 0.000%: $1.68
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee SunX: 4 bp × 2 orders: −$8
Net: −$17.91
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; SunX: live order book, 12 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 SunX live order book, 12 min ago	44.88 bp	49.4 bp −$49	doesn't fit	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
Gate GOOGL_USDT	0.0000%	8h	357.16	−0.014%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.27	+0.017%	$17.4M	$9.7M	100x	as long as short
SunX GOOGL-USDTshort	0.0000%	8h	357.27	+0.017%	$1K	$4.1M	20x
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.97	−0.067%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.31	+0.028%	$115K	$215K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.40	+0.053%	$2.7M	$87K	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0008%	8h	357.35	+0.039%	$24K	$447K	10x	as long as short
Variational Omni GOOGL	+0.0014%	8h	357.33	+0.034%	$4.8M	$2.4M	—	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.19	−0.006%	$521K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0023%	1h	357.16	−0.015%	$144K	$47K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH GOOGL	+0.0032%	1h	357.21	0.000%	$1.3M	$2.1M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0032%	1h	357.01	−0.056%	$33K	—	20x	as long as short
Nado GOOGL-PERP	+0.0033%	1h	356.99	−0.061%	$557K	$86K	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.025%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.03	−0.050%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERPlong	+0.0046%	1h	357.21	long leg	—	$5K	25x
OKX GOOGL-USDT-SWAP	+0.0046%	8h	357.18	−0.008%	$13.7M	$12.5M	50x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.16	−0.014%	$1.3M	$4.3M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.04	−0.048%	$99.1M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.02	−0.053%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.01	−0.056%	$149	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.93	−0.078%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0067%	8h	357.15	−0.018%	$293	$253	5x	as long as short
Aster GOOGLUSDT	+0.0073%	8h	357.39	+0.049%	$366K	$426K	20x	as long as short
Extended GOOGL-USD	+0.0088%	1h	357.13	−0.022%	$424K	$1.2M	20x	as long as short
Binance GOOGLUSDT	+0.0092%	8h	357.23	+0.006%	$72.3M	$143.1M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.00	−0.059%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.03	−0.050%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.16	−0.014%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.13	−0.022%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.12	−0.025%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.21	0.000%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0144%	1h	357.19	−0.006%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0212%	8h	357.29	+0.022%	$694K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0228%	8h	357.33	+0.034%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0457%	4h	357.23	+0.006%	$208K	$1.2M	10x	as long as short