Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.015%

Price spread now: SoDEX against KuCoin+0.078%7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. SoDEX is 0.078% dearer against KuCoin than usual: you sell high and buy low (spread +0.078% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 24 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin GOOGLUSDTM	356.95	0.0061	pay 0.0061% / 8h	31m 39s	$3.0M	$101K	20x
Short	SoDEX GOOGL-USD	357.23	0.0050	get 0.0006% / 1h	31m 39s	$139	$46K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against KuCoin. 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 KuCoinbpFee SoDEXbpOrdersPrice spread, now +0.078%Rate

Funding earned: −$2.31
Price spread: +0.078% → 0.000%: $7.84
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$14.47
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 6 min ago; SoDEX: 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 KuCoin live order book, 6 min ago	6.86 bp	87.1 bp −$87	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Coinbase International GOOGL-PERP-INTX	−0.0048%	1h	357.09	+0.039%	$512K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.41	+0.129%	$13.6M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.33	+0.106%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.55	+0.168%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.35	+0.111%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.40	+0.126%	$23K	$449K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.43	+0.134%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.23	+0.078%	$24K	$157K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.55	+0.168%	$115K	$210K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.50	+0.154%	$2.7M	$88K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado GOOGL-PERP	+0.0004%	1h	357.34	+0.111%	$550K	$91K	20x	as long as short
Aster GOOGLUSDT	+0.0012%	8h	357.42	+0.131%	$365K	$424K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0023%	1h	357.27	+0.090%	$144K	$45K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.35	+0.112%	$1.4M	$1.9M	20x	as long as short
Extended GOOGL-USD	+0.0032%	1h	357.28	+0.092%	$427K	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.048%	$128K	$45K	30x	as long as short
Binance GOOGLUSDT	+0.0033%	8h	357.43	+0.135%	$72.1M	$143.4M	50x	as long as short
QFEX GOOGL-USD	+0.0035%	1h	357.36	+0.115%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.20	+0.070%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.53	+0.162%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.24	+0.081%	$98.2M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.21	+0.073%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USDshort	+0.0050%	1h	357.23	+0.078%	$139	$46K	10x
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.13	+0.050%	$2.3M	$4.7M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0051%	8h	357.35	+0.112%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTMlong	+0.0061%	8h	356.95	long leg	$3.0M	$101K	20x
Bybit GOOGLUSDT	+0.0100%	8h	357.45	+0.140%	$11.5M	$7.9M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.19	+0.068%	$42K	$35K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.25	+0.084%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.30	+0.098%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.31	+0.101%	$25K	—	10x	as long as short
Hotstuff GOOGL-PERP	+0.0112%	1h	357.27	+0.090%	$33K	—	20x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.08	+0.036%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0128%	1h	357.41	+0.129%	$2.0M	$1.4M	20x	as long as short
BloFin GOOGL-USDT	+0.0142%	8h	357.46	+0.143%	$688K	$236K	20x	as long as short
edgeX GOOGLUSDC	+0.0627%	4h	357.28	+0.093%	$208K	$1.2M	10x	as long as short