Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h +0.201%

Price spread now: edgeX against SunX−0.027%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1151.146% of the position

Long on SunX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 3 days (all we have)−0.042%−$4 · spread now −0.027%, 7d avg −0.018%

Together, before fees−0.001%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, 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	SunX GOOGL-USDT	356.77	0	get 0.0000% / 8h	6h 34m	$1K	$4.1M	20x
Short	edgeX GOOGLUSDC	356.68	0.0061	get 0.0031% / 4h	2h 34m	$209K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against SunX. 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 SunXbpFee edgeXbpOrdersPrice spread, now −0.027%Rate

Funding earned: $12.83
Price spread: −0.027% → −0.018%: −$0.88
Slippage, 4 orders: −$97.58
Fee SunX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$102.62
Costs to cover: 1.146%
Break-even: 63.0 days

Slippage from SunX: live order book, 4 min ago; edgeX: live order book, 4 min ago.

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 SunX live order book, 4 min ago	44.71 bp	49.2 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	3.36 bp	8.1 bp −$8	11.3 bp −$113	doesn't fit	doesn't fit

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	−0.0086%	1h	356.53	−0.067%	$23K	$153K	10x	as long as short
Hotstuff GOOGL-PERP	−0.0024%	1h	356.77	0.000%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.40	−0.104%	$529K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0005%	1h	356.71	−0.016%	$556K	$80K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.78	+0.003%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	356.75	−0.006%	$16.9M	$9.2M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.73	−0.012%	$23K	$436K	10x	as long as short
SunX GOOGL-USDTlong	0.0000%	8h	356.77	long leg	$1K	$4.1M	20x
HTX GOOGL-USDT	0.0000%	8h	356.95	+0.050%	$115K	$227K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.87	+0.028%	$2.7M	$67K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0008%	1h	356.50	−0.077%	$144K	$51K	10x	as long as short
Variational Omni GOOGL	+0.0017%	8h	356.74	−0.008%	$4.7M	$2.4M	—	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.89	+0.034%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.098%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	356.77	0.000%	$1.3M	$4.5M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.54	−0.064%	$202K	$272K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.94	+0.048%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.77	0.000%	$98.7M	$22.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.54	−0.064%	$684K	$433K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.74	−0.008%	$158	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.51	−0.073%	$2.3M	$4.9M	15x	as long as short
Lighter GOOGL	+0.0056%	1h	356.87	+0.028%	$2.1M	$1.2M	20x	as long as short
edgeX GOOGLUSDCshort	+0.0061%	4h	356.68	−0.027%	$209K	$1.2M	10x
Paradex GOOGL-USD-PERP	+0.0062%	8h	356.84	+0.019%	$293	$253	5x	as long as short
Aster GOOGLUSDT	+0.0070%	8h	356.72	−0.014%	$365K	$458K	20x	as long as short
Extended GOOGL-USD	+0.0088%	1h	356.78	+0.002%	$421K	$1.8M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.62	−0.042%	$137K	$36K	20x	as long as short
Binance GOOGLUSDT	+0.0091%	8h	356.87	+0.028%	$72.8M	$141.4M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.61	−0.045%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.43	−0.095%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.57	−0.056%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.70	−0.020%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.66	−0.031%	$25K	—	10x	as long as short
Bybit GOOGLUSDT	+0.0127%	8h	357.00	+0.064%	$11.6M	$7.4M	100x	as long as short
OKX GOOGL-USDT-SWAP	+0.0182%	8h	356.94	+0.048%	$13.8M	$12.8M	50x	as long as short
BloFin GOOGL-USDT	+0.0215%	8h	356.47	−0.084%	$651K	$234K	20x	as long as short