Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against HTX−0.137%7-day average −0.136% · you buy dearer than you sell

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

Long on HTX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.137%, 7d avg −0.136%

Together, before fees+0.041%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.136%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX GOOGL-USDT	358.03	0	get 0.0000% / 8h	5h 43m	$115K	$211K	30x
Short	Ondo Perps GOOGL-USD.P	357.54	0.0050	get 0.0006% / 1h	43m 42s	$2.3M	$4.0M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against HTX. 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 HTXbpFee Ondo PerpsbpOrdersPrice spread, now −0.137%Rate

Funding earned: $10.58
Price spread: −0.137% → −0.136%: −$0.12
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$6.54
Costs to cover: 0.170%
Break-even: 11.3 days

Slippage unknown: HTX: live order book, 1 min ago; Ondo Perps: 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 HTX live order book, 1 min ago	2.79 bp	8.8 bp −$9	10.0 bp −$100	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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 exchanges

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	−0.1600%	1h	354.23	−1.061%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0040%	1h	357.46	−0.159%	$517K	$1.2M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.88	−0.042%	$11.5M	$7.7M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.86	−0.047%	$13.5M	$13.7M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.79	−0.067%	$3.7M	$6.8M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.90	−0.036%	$17.4M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.87	−0.044%	$5.0M	$2.3M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.95	−0.022%	$2K	$3.7M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.69	−0.095%	$29K	$152K	10x	as long as short
HTX GOOGL-USDTlong	0.0000%	8h	358.03	long leg	$115K	$211K	30x

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex GOOGLUSDT	0.0000%	4h	358.01	−0.006%	$2.7M	$114K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0031%	1h	357.85	−0.051%	$144K	$42K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.90	−0.036%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.254%	$128K	$45K	30x	as long as short
Aster GOOGLUSDT	+0.0044%	8h	357.82	−0.058%	$367K	$420K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.92	−0.031%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.69	−0.095%	$98.0M	$21.9M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.78	−0.070%	$685K	$421K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.61	−0.117%	$106	$46K	10x	as long as short
Ondo Perps GOOGL-USD.Pshort	+0.0050%	1h	357.54	−0.137%	$2.3M	$4.0M	15x
Extended GOOGL-USD	+0.0056%	1h	357.83	−0.056%	$426K	$2.4M	20x	as long as short
QFEX GOOGL-USD	+0.0060%	1h	357.84	−0.053%	$1.2M	$4.1M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0060%	8h	357.75	−0.078%	$293	$253	5x	as long as short
Binance GOOGLUSDT	+0.0060%	8h	357.97	−0.018%	$73.1M	$145.5M	50x	as long as short
GRVT GOOGL_USDT_Perp	+0.0066%	8h	357.96	−0.019%	$12K	$463K	10x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.79	−0.066%	$42K	$20K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.67	−0.101%	$3.0M	$256K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.78	−0.070%	$36K	$17K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.66	−0.103%	$10K	$11K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	357.87	−0.045%	$2.0M	$2.1M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.62	−0.115%	$25K	—	10x	as long as short
Nado GOOGL-PERP	+0.0113%	1h	357.65	−0.106%	$552K	$82K	20x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.97	−0.017%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0182%	8h	357.93	−0.028%	$695K	$231K	20x	as long as short
Arcus GOOGL-USD	+0.0199%	1h	357.78	−0.070%	$211K	$213K	10x	as long as short
edgeX GOOGLUSDC	+0.0616%	4h	357.80	−0.064%	$208K	$1.2M	10x	as long as short