Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.051%

Price spread now: OKX against SoDEX+0.017%7-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 OKX

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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX GOOGL-USD	357.12	0.0050	pay 0.0006% / 1h	14m 37s	$150	$46K	10x
Short	OKX GOOGL-USDT-SWAP	357.18	0.0165	get 0.0165% / 8h	6h 14m	$13.8M	$12.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.017%Rate

Funding earned: $24.22
Price spread: +0.017% → 0.000%: $1.68
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: $7.9
Costs to cover: 0.180%
Break-even: 4.7 days

Slippage unknown: SoDEX: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago	0.14 bp	6.1 bp −$6	11.1 bp −$111	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 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
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.92	−0.056%	$523K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0022%	1h	357.09	−0.009%	$557K	$81K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.14	+0.006%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.15	+0.008%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.05	−0.020%	$23K	$438K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.25	+0.036%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.03	−0.025%	$23K	$154K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.18	+0.017%	$115K	$228K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.21	+0.025%	$2.7M	$73K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0006%	1h	356.86	−0.072%	$144K	$51K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GOOGLUSDT	+0.0011%	8h	357.23	+0.031%	$17.0M	$9.3M	100x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.23	+0.031%	$1.3M	$2.4M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	0.000%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.13	+0.003%	$1.3M	$4.4M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.96	−0.045%	$202K	$272K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.33	+0.059%	—	$5K	25x	as long as short
Hotstuff GOOGL-PERP	+0.0048%	1h	357.08	−0.011%	$33K	—	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.08	−0.011%	$98.9M	$22.6M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.91	−0.059%	$684K	$431K	10x	as long as short
SoDEX GOOGL-USDlong	+0.0050%	1h	357.12	long leg	$150	$46K	10x
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.86	−0.073%	$2.3M	$4.9M	15x	as long as short
Aster GOOGLUSDT	+0.0054%	8h	357.13	+0.002%	$365K	$458K	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0058%	8h	357.17	+0.013%	$293	$253	5x	as long as short
Extended GOOGL-USD	+0.0072%	1h	357.14	+0.005%	$421K	$1.8M	20x	as long as short
Binance GOOGLUSDT	+0.0074%	8h	357.23	+0.031%	$72.8M	$141.5M	50x	as long as short
Lighter GOOGL	+0.0080%	1h	357.22	+0.028%	$2.1M	$1.2M	20x	as long as short
Bybit GOOGLUSDT	+0.0089%	8h	357.28	+0.045%	$11.6M	$7.5M	100x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.14	+0.006%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.96	−0.044%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.77	−0.098%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.01	−0.031%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.10	−0.006%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.04	−0.023%	$25K	—	10x	as long as short
OKX GOOGL-USDT-SWAPshort	+0.0165%	8h	357.18	+0.017%	$13.8M	$12.8M	50x
edgeX GOOGLUSDC	+0.0399%	4h	357.01	−0.029%	$208K	$1.2M	10x	as long as short