Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.023%

Price spread now: Pacifica against Binance−0.072%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.072% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GOOGLUSDT	357.30	0.0092	pay 0.0092% / 8h	2h 47m	$72.2M	$143.1M	50x
Short	Pacifica GOOGL	357.04	0.0100	get 0.0013% / 1h	47m 40s	$42K	$41K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Binance. 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 BinancebpFee PacificabpOrdersPrice spread, now −0.072%Rate

Funding earned: $1.68
Price spread: −0.072% → 0.000%: −$7.22
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$23.54
Costs to cover: 0.180%
Break-even: 104.8 days

Slippage unknown: Binance: live order book, 10 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 Binance live order book, 10 min ago	0.14 bp	5.6 bp −$6	7.3 bp −$73	24.0 bp −$2,398	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
Gate GOOGL_USDT	0.0000%	8h	357.18	−0.033%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.33	+0.009%	$17.4M	$9.7M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.30	+0.001%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.02	−0.078%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.38	+0.023%	$115K	$216K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.40	+0.029%	$2.7M	$87K	10x	as long as short
Hotstuff GOOGL-PERP	+0.0008%	1h	357.04	−0.072%	$33K	—	20x	as long as short
GRVT GOOGL_USDT_Perp	+0.0008%	8h	357.35	+0.015%	$24K	$447K	10x	as long as short
Variational Omni GOOGL	+0.0014%	8h	357.33	+0.010%	$4.8M	$2.4M	—	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.19	−0.030%	$521K	$1.1M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0023%	1h	357.26	−0.012%	$144K	$47K	10x	as long as short
Nado GOOGL-PERP	+0.0023%	1h	357.02	−0.079%	$557K	$86K	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.20	−0.027%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.050%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.08	−0.061%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.23	−0.019%	—	$5K	25x	as long as short
OKX GOOGL-USDT-SWAP	+0.0047%	8h	357.27	−0.008%	$13.7M	$12.6M	50x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.16	−0.039%	$1.3M	$4.3M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.07	−0.064%	$99.1M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.08	−0.061%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.04	−0.072%	$151	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.93	−0.103%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0067%	8h	357.19	−0.031%	$293	$253	5x	as long as short
Aster GOOGLUSDT	+0.0072%	8h	357.41	+0.033%	$366K	$426K	20x	as long as short
Extended GOOGL-USD	+0.0088%	1h	357.17	−0.036%	$424K	$1.2M	20x	as long as short
Binance GOOGLUSDTlong	+0.0092%	8h	357.30	long leg	$72.2M	$143.1M	50x
Pacifica GOOGLshort	+0.0100%	1h	357.04	−0.072%	$42K	$41K	10x
KuCoin GOOGLUSDTM	+0.0100%	8h	357.05	−0.069%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.16	−0.039%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.17	−0.036%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.15	−0.041%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.21	−0.025%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0144%	1h	357.21	−0.025%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0211%	8h	357.28	−0.005%	$694K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0228%	8h	357.37	+0.020%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0992%	4h	357.35	+0.014%	$208K	$1.2M	10x	as long as short