Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0166%/8h= +18.2% APRpaid last 24h +0.177%

Price spread now: edgeX against SoDEX+0.021%45s7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on edgeX

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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and edgeX is 0.021% dearer against SoDEX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX GOOGL-USD	357.44	0.0050	pay 0.0006% / 1h	37m 18s	$137	$46K	10x
Short	edgeX GOOGLUSDC	357.52	0.0216	get 0.0108% / 4h	3h 37m	$208K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against SoDEX. 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 SoDEXbpFee edgeXbpOrdersPrice spread, now +0.021%Rate

Funding earned: $34.82
Price spread: +0.021% → 0.000%: $2.12
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $19.94
Costs to cover: 0.170%
Break-even: 3.0 days

Slippage unknown: SoDEX: no order-book sample; edgeX: live order book, 2 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell edgeX live order book, 2 min ago	3.22 bp	7.9 bp −$8	10.9 bp −$109	doesn't fit	doesn't fit

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
Deribit GOOGL_USDC-PERPETUAL	−0.0142%	1h	357.34	−0.028%	$24K	$155K	10x	as long as short
Nado GOOGL-PERP	−0.0001%	1h	357.49	+0.014%	$558K	$80K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.53	+0.025%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.63	+0.053%	$17.4M	$9.6M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.51	+0.020%	$987	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.73	+0.081%	$115K	$220K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.65	+0.059%	$2.7M	$85K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.11	−0.092%	$522K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0025%	1h	357.30	−0.040%	$144K	$48K	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0027%	8h	357.52	+0.022%	$23K	$440K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GOOGL	+0.0029%	8h	357.51	+0.020%	$4.8M	$2.4M	—	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.68	+0.067%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.090%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.28	−0.045%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.74	+0.084%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.48	+0.011%	$99.2M	$20.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.37	−0.020%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USDlong	+0.0050%	1h	357.44	long leg	$137	$46K	10x
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.17	−0.076%	$2.3M	$4.9M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.52	+0.022%	$1.3M	$4.2M	10x	as long as short
Aster GOOGLUSDT	+0.0084%	8h	357.74	+0.085%	$366K	$426K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0098%	8h	357.62	+0.050%	$13.8M	$12.4M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.61	+0.048%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.16	−0.078%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.42	−0.006%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.48	+0.011%	$10K	$11K	20x	as long as short
Binance GOOGLUSDT	+0.0104%	8h	357.66	+0.061%	$72.3M	$141.9M	50x	as long as short
Paradex GOOGL-USD-PERP	+0.0104%	8h	357.61	+0.046%	$293	$253	5x	as long as short
Extended GOOGL-USD	+0.0104%	1h	357.52	+0.022%	$419K	$1.8M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.48	+0.010%	$25K	—	10x	as long as short
Hotstuff GOOGL-PERP	+0.0120%	1h	357.48	+0.011%	$33K	—	20x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.54	+0.028%	$138K	$36K	20x	as long as short
Lighter GOOGL	+0.0200%	1h	357.66	+0.062%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDCshort	+0.0216%	4h	357.52	+0.021%	$208K	$1.2M	10x
BloFin GOOGL-USDT	+0.0226%	8h	357.58	+0.039%	$693K	$234K	20x	as long as short
Bybit GOOGLUSDT	+0.0236%	8h	357.74	+0.084%	$12.0M	$7.5M	100x	as long as short