Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0254%/8h= +27.8% APRpaid last 24h +0.136%

Price spread now: edgeX against Variational Omni+0.025%104s7-day average −0.029% · you sell dearer than you buy

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

Long on Variational Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.448%+$45 on $10k

Price spread, last 7 days−0.025%−$2 · spread now +0.025%, 7d avg −0.029%

Together, before fees+0.423%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$42 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and edgeX is 0.054% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.029%. The two prices were read 104 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	Variational Omni GOOGL	356.57	0.0056	pay 0.0056% / 8h	35m 49s	$4.7M	$2.6M	—
Short	edgeX GOOGLUSDC	356.66	0.0310	get 0.0155% / 4h	35m 49s	$210K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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 Variational OmnibpFee edgeXbpOrdersPrice spread, now +0.025%Rate

Funding earned: $53.37
Price spread: +0.025% → −0.029%: $5.35
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $49.73
Costs to cover: 0.090%
Break-even: 0.5 days

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; edgeX: live order book, 3 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 Variational Omni RFQ quote, 3 min ago	2.62 bp	doesn't fit	9.9 bp −$99	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	3.22 bp	8.0 bp −$8	11.1 bp −$111	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
Gate GOOGL_USDT	0.0000%	8h	356.50	−0.021%	$3.6M	$7.5M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.61	+0.010%	$1K	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.77	+0.055%	$115K	$224K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.76	+0.052%	$2.7M	$66K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0008%	1h	356.40	−0.049%	$530K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0016%	1h	356.42	−0.043%	$144K	$54K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.64	+0.019%	$1.4M	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.153%	$128K	$45K	30x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.49	−0.024%	—	$5K	25x	as long as short
GRVT GOOGL_USDT_Perp	+0.0047%	8h	356.59	+0.004%	$23K	$474K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps GOOG-USD	+0.0050%	1h	356.36	−0.060%	$683K	$437K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.33	−0.068%	$200	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.24	−0.094%	$2.3M	$4.9M	15x	as long as short
Variational Omni GOOGLlong	+0.0056%	8h	356.57	long leg	$4.7M	$2.6M	—
tradeXYZ xyz:GOOGL	+0.0059%	1h	356.37	−0.057%	$98.9M	$25.2M	20x	as long as short
QFEX GOOGL-USD	+0.0060%	1h	356.51	−0.018%	$1.3M	$4.9M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0088%	8h	356.52	−0.014%	$292	$253	5x	as long as short
Bybit GOOGLUSDT	+0.0098%	8h	356.63	+0.016%	$11.5M	$7.7M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.25	−0.090%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.32	−0.071%	$3.0M	$66K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.35	−0.063%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.59	+0.004%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.52	−0.014%	$25K	—	10x	as long as short
Aster GOOGLUSDT	+0.0108%	8h	356.75	+0.050%	$363K	$455K	20x	as long as short
Nado GOOGL-PERP	+0.0111%	1h	356.30	−0.077%	$559K	$82K	20x	as long as short
Bitget GOOGLUSDT	+0.0118%	8h	356.68	+0.030%	$16.9M	$9.3M	100x	as long as short
Extended GOOGL-USD	+0.0128%	1h	356.56	−0.005%	$421K	$1.6M	20x	as long as short
Binance GOOGLUSDT	+0.0129%	8h	356.63	+0.015%	$73.1M	$142.8M	50x	as long as short
Hotstuff GOOGL-PERP	+0.0136%	1h	356.35	−0.063%	$33K	—	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0151%	8h	356.69	+0.033%	$13.9M	$12.9M	50x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.49	−0.024%	$137K	$48K	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0171%	1h	356.43	−0.040%	$23K	$152K	10x	as long as short
BloFin GOOGL-USDT	+0.0249%	8h	356.65	+0.021%	$692K	$236K	20x	as long as short
Arcus GOOGL-USD	+0.0250%	1h	356.39	−0.052%	$202K	$271K	10x	as long as short
Lighter GOOGL	+0.0296%	1h	356.63	+0.016%	$2.1M	$1.1M	20x	as long as short
edgeX GOOGLUSDCshort	+0.0310%	4h	356.66	+0.025%	$210K	$1.2M	10x