Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h −0.026%

Price spread now: Pacifica against Bybit−0.075%7-day average — · you buy dearer than you sell

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

Long on Bybit 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 0.075% cheaper against Bybit 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	Bybit GOOGLUSDT	357.24	0.0109	pay 0.0109% / 8h	50m 29s	$11.5M	$7.9M	100x
Short	Pacifica GOOGL	356.97	0.0100	get 0.0013% / 1h	50m 29s	$42K	$37K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Bybit. 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 BybitbpFee PacificabpOrdersPrice spread, now −0.075%Rate

Funding earned: −$1.83
Price spread: −0.075% → 0.000%: −$7.46
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$28.29
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 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 Bybit live order book, 3 min ago	0.42 bp	8.3 bp −$8	12.7 bp −$127	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
Hotstuff GOOGL-PERP	−0.0064%	1h	356.96	−0.078%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0048%	1h	356.60	−0.179%	$511K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0006%	1h	357.03	−0.057%	$549K	$91K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.23	−0.003%	$13.6M	$12.9M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.07	−0.048%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.18	−0.017%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.10	−0.040%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.04	−0.055%	$23K	$448K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.16	−0.022%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.93	−0.087%	$24K	$157K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX GOOGL-USDT	0.0000%	8h	357.29	+0.014%	$115K	$210K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.19	−0.014%	$2.7M	$88K	10x	as long as short
Aster GOOGLUSDT	+0.0008%	8h	357.29	+0.013%	$365K	$424K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0022%	1h	357.09	−0.041%	$144K	$45K	10x	as long as short
Binance GOOGLUSDT	+0.0030%	8h	357.23	−0.004%	$72.0M	$143.5M	50x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.15	−0.025%	$1.3M	$1.9M	20x	as long as short
Extended GOOGL-USD	+0.0032%	1h	357.12	−0.035%	$425K	$2.2M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.034%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0035%	1h	357.14	−0.028%	$1.3M	$4.2M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.87	−0.104%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.29	+0.014%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.05	−0.053%	$98.1M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.95	−0.081%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.96	−0.078%	$132	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.83	−0.115%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0051%	8h	357.15	−0.024%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0068%	8h	356.81	−0.120%	$3.0M	$101K	20x	as long as short
Pacifica GOOGLshort	+0.0100%	1h	356.97	−0.075%	$42K	$37K	10x
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.88	−0.101%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.03	−0.059%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.00	−0.068%	$25K	—	10x	as long as short
Bybit GOOGLUSDTlong	+0.0109%	8h	357.24	long leg	$11.5M	$7.9M	100x
Phoenix GOOGL	+0.0112%	1h	356.99	−0.070%	$137K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0120%	8h	357.13	−0.031%	$689K	$236K	20x	as long as short
Lighter GOOGL	+0.0128%	1h	357.21	−0.008%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0191%	4h	357.05	−0.054%	$208K	$1.2M	10x	as long as short