Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.040%

Price spread now: Binance against Vest−0.029%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Binance

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 airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Binance is 0.029% cheaper against Vest than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 47 hours of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest GOOGL-USD-PERP	356.81	0.0046	pay 0.0006% / 1h	37m 01s	—	$5K	25x
Short	Binance GOOGLUSDT	356.71	0.0094	get 0.0094% / 8h	6h 37m	$72.7M	$141.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Vest. 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 VestbpFee BinancebpOrdersPrice spread, now −0.029%Rate

Funding earned: $10.15
Price spread: −0.029% → 0.000%: −$2.86
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Binance: 5 bp × 2 orders: −$10
Net: −$4.71
Costs to cover: 0.120%
Break-even: 10.3 days

Slippage unknown: Vest: no order-book sample; Binance: live order book, 6 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 Vest no order-book sample	—	—	—	—	—
Sell Binance live order book, 6 min ago	0.14 bp	5.1 bp −$5	7.4 bp −$74	22.9 bp −$2,285	doesn't fit

Vest: 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	−0.0024%	1h	356.40	−0.115%	$529K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	0.0000%	1h	356.64	−0.048%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.68	−0.036%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	356.75	−0.017%	$16.9M	$9.3M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.73	−0.023%	$23K	$436K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.73	−0.022%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.49	−0.090%	$23K	$153K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.83	+0.006%	$114K	$227K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.72	−0.025%	$2.7M	$67K	10x	as long as short
Nado GOOGL-PERP	+0.0002%	1h	356.60	−0.059%	$556K	$80K	20x	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	356.44	−0.103%	$144K	$51K	10x	as long as short
Variational Omni GOOGL	+0.0022%	8h	356.66	−0.042%	$4.7M	$2.4M	—	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.75	−0.017%	$1.4M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.087%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	356.66	−0.042%	$1.3M	$4.5M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.48	−0.092%	$202K	$272K	10x	as long as short
Vest GOOGL-USD-PERPlong	+0.0046%	1h	356.81	long leg	—	$5K	25x
Lighter GOOGL	+0.0048%	1h	356.72	−0.025%	$2.1M	$1.2M	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.62	−0.053%	$98.6M	$22.2M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.42	−0.109%	$683K	$433K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.64	−0.048%	$158	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.40	−0.115%	$2.3M	$4.9M	15x	as long as short
edgeX GOOGLUSDC	+0.0061%	4h	356.68	−0.038%	$209K	$1.2M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0063%	8h	356.75	−0.018%	$293	$253	5x	as long as short
Aster GOOGLUSDT	+0.0073%	8h	356.61	−0.055%	$365K	$458K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.62	−0.053%	$137K	$36K	20x	as long as short
Binance GOOGLUSDTshort	+0.0094%	8h	356.71	−0.029%	$72.7M	$141.5M	50x
Extended GOOGL-USD	+0.0096%	1h	356.61	−0.055%	$421K	$1.8M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.53	−0.079%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.32	−0.137%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.58	−0.064%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.60	−0.059%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.57	−0.068%	$25K	—	10x	as long as short
Bybit GOOGLUSDT	+0.0118%	8h	356.90	+0.025%	$11.6M	$7.6M	100x	as long as short
OKX GOOGL-USDT-SWAP	+0.0182%	8h	356.86	+0.014%	$13.8M	$12.8M	50x	as long as short
BloFin GOOGL-USDT	+0.0215%	8h	356.47	−0.095%	$651K	$234K	20x	as long as short