Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.018%

Price spread now: Paradex against Injective+0.151%7-day average — · you sell dearer than you buy

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

Long on Injective Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.151% dearer against Injective than usual: you sell high and buy low: +$15 more if the spread 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	Injective GOOGL/USDC PERP	357.12	0.0033	pay 0.0004% / 1h	50m 52s	$128K	$45K	30x
Short	Paradex GOOGL-USD-PERP	357.66	0.0054	get 0.0054% / 8h	5h 50m	$293	$253	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Injective. 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 InjectivebpFee ParadexbpOrdersPrice spread, now +0.151%Rate

Funding earned: $4.44
Price spread: +0.151% → 0.000%: $15.11
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Paradex: 2 bp × 2 orders: −$4
Net: $15.53
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Injective: live order book, 13 min ago; Paradex: 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 Injective live order book, 13 min ago	9.38 bp	9.4 bp −$9	9.4 bp −$94	57275.7 bp −$5.73M	326377.9 bp −$163.19M
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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 35 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
Nado GOOGL-PERP	−0.0067%	1h	357.54	+0.119%	$558K	$80K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0064%	1h	357.29	+0.048%	$523K	$1.1M	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	−0.0030%	1h	357.36	+0.067%	$23K	$154K	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.57	+0.126%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.62	+0.139%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.60	+0.134%	$23K	$437K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.68	+0.157%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.76	+0.179%	$115K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.71	+0.165%	$2.7M	$75K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0005%	1h	357.38	+0.072%	$144K	$50K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff GOOGL-PERP	+0.0016%	1h	357.42	+0.084%	$33K	—	20x	as long as short
Bybit GOOGLUSDT	+0.0025%	8h	357.72	+0.168%	$11.8M	$7.5M	100x	as long as short
QFEX GOOGL-USD	+0.0028%	1h	357.55	+0.120%	$1.3M	$4.4M	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.67	+0.154%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERPlong	+0.0033%	1h	357.12	long leg	$128K	$45K	30x
Aster GOOGLUSDT	+0.0039%	8h	357.57	+0.125%	$365K	$458K	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.37	+0.070%	$202K	$272K	10x	as long as short
Bitget GOOGLUSDT	+0.0045%	8h	357.68	+0.157%	$17.0M	$9.3M	100x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.77	+0.182%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.47	+0.098%	$99.0M	$22.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.39	+0.076%	$685K	$431K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.51	+0.109%	$149	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.24	+0.034%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERPshort	+0.0054%	8h	357.66	+0.151%	$293	$253	5x
Extended GOOGL-USD	+0.0056%	1h	357.58	+0.127%	$421K	$1.8M	20x	as long as short
Binance GOOGLUSDT	+0.0058%	8h	357.68	+0.158%	$72.9M	$141.5M	50x	as long as short
Lighter GOOGL	+0.0088%	1h	357.69	+0.160%	$2.1M	$1.2M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.40	+0.080%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.16	+0.011%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.46	+0.095%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.50	+0.106%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.51	+0.109%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.47	+0.098%	$137K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0138%	8h	357.67	+0.154%	$13.8M	$12.4M	50x	as long as short
edgeX GOOGLUSDC	+0.0644%	4h	357.54	+0.118%	$209K	$1.2M	10x	as long as short