Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0020%/8h= −2.1% APRpaid last 24h −0.014%

Price spread now: Paradex against Arcus+0.055%7-day average — · you sell dearer than you buy

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

Long on Arcus Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Paradex is 0.055% dearer against Arcus than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus GOOGL-USD	358.91	0.0081	pay 0.0010% / 1h	5m 10s	$211K	$279K	10x
Short	Paradex GOOGL-USD-PERP	359.11	0.0061	get 0.0061% / 8h	6h 05m	$294	$253	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Arcus. 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 ArcusbpFee ParadexbpOrdersPrice spread, now +0.055%Rate

Funding earned: −$4.11
Price spread: +0.055% → 0.000%: $5.5
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$7.11
Costs to cover: 0.085%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 46 min ago; Paradex: no order-book sample. 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 Arcus live order book, 46 min ago	2.65 bp	4.9 bp −$5	10.7 bp −$107	20.9 bp −$2,085	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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 exchanges

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
Hotstuff GOOGL-PERP	−0.1600%	1h	358.53	−0.106%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0056%	1h	358.76	−0.042%	$516K	$1.1M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	359.02	+0.031%	$11.5M	$7.5M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	359.01	+0.028%	$13.5M	$13.5M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.90	−0.003%	$3.7M	$6.8M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	359.09	+0.050%	$17.5M	$9.4M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	359.00	+0.025%	$883	$3.7M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	358.86	−0.014%	$25K	$148K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	359.08	+0.047%	$115K	$211K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	359.19	+0.078%	$2.7M	$109K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GOOGL	+0.0014%	8h	359.10	+0.053%	$5.0M	$2.3M	—	as long as short
Aftermath Perps GOOGLUSD	+0.0028%	1h	358.90	−0.003%	$145K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.98	+0.020%	$1.3M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.499%	$128K	$45K	30x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	359.15	+0.067%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0048%	1h	359.02	+0.031%	$1.3M	$4.1M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	358.85	−0.017%	$98.3M	$21.6M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	358.95	+0.011%	$687K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	358.83	−0.022%	$112	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	358.77	−0.039%	$2.3M	$3.9M	15x	as long as short
Paradex GOOGL-USD-PERPshort	+0.0061%	8h	359.11	+0.055%	$294	$253	5x
Aster GOOGLUSDT	+0.0067%	8h	359.02	+0.032%	$369K	$420K	20x	as long as short
Nado GOOGL-PERP	+0.0071%	1h	358.96	+0.015%	$553K	$81K	20x	as long as short
Arcus GOOGL-USDlong	+0.0081%	1h	358.91	long leg	$211K	$279K	10x
Binance GOOGLUSDT	+0.0088%	8h	359.06	+0.041%	$73.0M	$142.3M	50x	as long as short
Extended GOOGL-USD	+0.0088%	1h	358.96	+0.013%	$426K	$2.4M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	359.06	+0.042%	$42K	$20K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	358.79	−0.033%	$3.0M	$233K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	359.03	+0.033%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.91	0.000%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	358.92	+0.002%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0134%	1h	358.97	+0.017%	$138K	$36K	20x	as long as short
Lighter GOOGL	+0.0176%	1h	358.97	+0.017%	$2.0M	$2.2M	20x	as long as short
GRVT GOOGL_USDT_Perp	+0.0203%	8h	359.30	+0.108%	$23K	$447K	10x	as long as short
BloFin GOOGL-USDT	+0.0208%	8h	359.02	+0.031%	$690K	$241K	20x	as long as short
edgeX GOOGLUSDC	+0.0701%	4h	359.15	+0.068%	$210K	$1.2M	10x	as long as short