Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%

Price spread now: SunX against Bitget+0.020%7-day average +0.005% · you sell dearer than you buy

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1141.141% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.020%, 7d avg +0.005%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GOOGLUSDT	357.97	0	get 0.0000% / 8h	3h 14m	$17.5M	$9.7M	100x
Short	SunX GOOGL-USDT	358.04	0	get 0.0000% / 8h	3h 14m	$2K	$4.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bitget. 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 BitgetbpFee SunXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $0
Price spread: +0.020% → +0.005%: $1.48
Slippage, 4 orders: −$94.1
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$112.62
Costs to cover: 1.141%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; SunX: live order book, 4 min ago.

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 Bitget live order book, 5 min ago	0.84 bp	7.4 bp −$7	9.6 bp −$96	22.2 bp −$2,216	doesn't fit
Sell SunX live order book, 4 min ago	44.83 bp	49.3 bp −$49	doesn't fit	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
Gate GOOGL_USDT	0.0000%	8h	357.86	−0.031%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDTlong	0.0000%	8h	357.97	long leg	$17.5M	$9.7M	100x
SunX GOOGL-USDTshort	0.0000%	8h	358.04	+0.020%	$2K	$4.1M	20x
HTX GOOGL-USDT	0.0000%	8h	358.00	+0.008%	$115K	$217K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.00	+0.008%	$2.7M	$86K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.67	−0.084%	$522K	$1.1M	10x	as long as short
Nado GOOGL-PERP	+0.0017%	1h	357.70	−0.076%	$558K	$86K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0022%	1h	357.79	−0.051%	$144K	$48K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0030%	1h	357.66	−0.087%	$24K	$156K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.90	−0.020%	$1.3M	$2.1M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GOOGL_USDT_Perp	+0.0033%	8h	358.02	+0.014%	$24K	$444K	10x	as long as short
Variational Omni GOOGL	+0.0033%	8h	357.99	+0.006%	$4.8M	$2.4M	—	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.237%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.73	−0.067%	$208K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.92	−0.014%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.68	−0.081%	$99.2M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.70	−0.075%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.71	−0.073%	$148	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.64	−0.092%	$2.3M	$4.9M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.89	−0.022%	$1.3M	$4.2M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0068%	8h	357.87	−0.028%	$293	$253	5x	as long as short
OKX GOOGL-USDT-SWAP	+0.0082%	8h	357.90	−0.020%	$13.8M	$12.5M	50x	as long as short
Hotstuff GOOGL-PERP	+0.0088%	1h	357.81	−0.045%	$33K	—	20x	as long as short
Aster GOOGLUSDT	+0.0090%	8h	357.68	−0.080%	$366K	$426K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.95	−0.006%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.48	−0.137%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.70	−0.075%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.82	−0.042%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.83	−0.038%	$25K	—	10x	as long as short
Binance GOOGLUSDT	+0.0109%	8h	357.92	−0.014%	$72.6M	$142.6M	50x	as long as short
Extended GOOGL-USD	+0.0112%	1h	357.82	−0.041%	$419K	$1.2M	20x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.75	−0.061%	$138K	$36K	20x	as long as short
Lighter GOOGL	+0.0208%	1h	357.89	−0.022%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0229%	8h	358.03	+0.017%	$694K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0247%	8h	358.01	+0.011%	$12.1M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0533%	4h	357.99	+0.005%	$209K	$1.2M	10x	as long as short