Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Polymarket Perps against Gate−0.045%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$390.387% of the position

Long on Gate Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 7 days+0.016%+$2 · spread now −0.045%, 7d avg −0.081%

Together, before fees+0.080%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.037% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.081%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GOOGL_USDT	357.66	0	get 0.0000% / 8h	4h 35m	$3.6M	$7.4M	100x
Short	Polymarket Perps GOOG-USD	357.50	0.0050	get 0.0006% / 1h	35m 30s	$686K	$429K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Gate. 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 GatebpFee Polymarket PerpsbpOrdersPrice spread, now −0.045%Rate

Funding earned: $10.5
Price spread: −0.045% → −0.081%: $3.65
Slippage, 4 orders: −$15.66
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$24.5
Costs to cover: 0.387%
Break-even: 23.3 days

Slippage from Gate: live order book, 3 min ago; Polymarket Perps: live order book, 22 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 Gate live order book, 3 min ago	1.26 bp	10.8 bp −$11	20.7 bp −$207	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 22 min ago	1.40 bp	5.4 bp −$5	5.6 bp −$56	7.4 bp −$739	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
Coinbase International GOOGL-PERP-INTX	−0.0048%	1h	357.54	−0.034%	$526K	$1.1M	10x	as long as short
Gate GOOGL_USDTlong	0.0000%	8h	357.66	long leg	$3.6M	$7.4M	100x
Variational Omni GOOGL	0.0000%	8h	357.72	+0.017%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.79	+0.036%	$23K	$435K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.78	+0.034%	$2K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.51	−0.042%	$24K	$155K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.88	+0.062%	$115K	$221K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.86	+0.056%	$2.7M	$86K	10x	as long as short
Bitget GOOGLUSDT	+0.0005%	8h	357.80	+0.039%	$17.5M	$9.6M	100x	as long as short
Aftermath Perps GOOGLUSD	+0.0013%	1h	357.62	−0.010%	$144K	$49K	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	357.79	+0.036%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.151%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.44	−0.062%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.74	+0.022%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0050%	1h	357.66	0.000%	$1.3M	$4.2M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.52	−0.039%	$99.0M	$20.5M	20x	as long as short
Polymarket Perps GOOG-USDshort	+0.0050%	1h	357.50	−0.045%	$686K	$429K	10x
SoDEX GOOGL-USD	+0.0050%	1h	357.54	−0.034%	$154	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.40	−0.073%	$2.3M	$4.9M	15x	as long as short
Hotstuff GOOGL-PERP	+0.0056%	1h	357.55	−0.031%	$33K	—	20x	as long as short
Aster GOOGLUSDT	+0.0057%	8h	357.88	+0.062%	$366K	$457K	20x	as long as short
Binance GOOGLUSDT	+0.0077%	8h	357.79	+0.036%	$73.1M	$141.3M	50x	as long as short
Extended GOOGL-USD	+0.0080%	1h	357.70	+0.011%	$426K	$1.8M	20x	as long as short
Nado GOOGL-PERP	+0.0094%	1h	357.51	−0.042%	$558K	$80K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.70	+0.012%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.33	−0.092%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.48	−0.050%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.49	−0.048%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.62	−0.013%	$25K	—	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0107%	8h	357.67	+0.003%	$293	$253	5x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.58	−0.022%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0113%	8h	357.71	+0.014%	$13.8M	$12.4M	50x	as long as short
Bybit GOOGLUSDT	+0.0186%	8h	357.86	+0.056%	$12.0M	$7.6M	100x	as long as short
BloFin GOOGL-USDT	+0.0195%	8h	357.74	+0.022%	$695K	$234K	20x	as long as short
Lighter GOOGL	+0.0296%	1h	357.77	+0.031%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0572%	4h	357.70	+0.011%	$209K	$1.2M	10x	as long as short