Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.4% APRpaid last 24h −0.026%

Price spread now: Nado against Binance−0.059%7-day average −0.048% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$360.358% of the position

Long on Binance Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.070%−$7 on $10k

Price spread, last 2 days (all we have)+0.066%+$7 · spread now −0.059%, 7d avg −0.048%

Together, before fees−0.004%+ Points / potential airdropNado: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.048%, 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	Binance GOOGLUSDT	356.26	0.0113	pay 0.0113% / 8h	7h 23m	$72.8M	$142.0M	50x
Short	Nado GOOGL-PERP	356.05	0.0046	get 0.0006% / 1h	23m 06s	$556K	$80K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Binance. 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 BinancebpFee NadobpOrdersPrice spread, now −0.059%Rate

Funding earned: −$14.11
Price spread: −0.059% → −0.048%: −$1.18
Slippage, 4 orders: −$18.79
Fee Binance: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$51.08
Costs to cover: 0.358%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; Nado: live order book, 50 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 Binance live order book, 5 min ago	0.14 bp	5.7 bp −$6	7.1 bp −$71	14.0 bp −$1,397	doesn't fit
Sell Nado live order book, 50 min ago	0.28 bp	14.4 bp −$14	25.3 bp −$253	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
Hotstuff GOOGL-PERP	−0.0032%	1h	356.16	−0.029%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.28	+0.005%	$3.6M	$7.5M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.53	+0.075%	$23K	$452K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.26	−0.001%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.07	−0.054%	$23K	$153K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.43	+0.047%	$114K	$226K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.65	+0.109%	$2.7M	$66K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0014%	1h	356.16	−0.027%	$144K	$52K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.31	+0.013%	$1.4M	$2.3M	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0032%	1h	355.85	−0.116%	$528K	$1.1M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.241%	$128K	$45K	30x	as long as short
Lighter GOOGL	+0.0040%	1h	356.23	−0.009%	$2.1M	$1.1M	20x	as long as short
Nado GOOGL-PERPshort	+0.0046%	1h	356.05	−0.059%	$556K	$80K	20x
Vest GOOGL-USD-PERP	+0.0046%	1h	356.30	+0.011%	—	$5K	25x	as long as short
Variational Omni GOOGL	+0.0049%	8h	356.48	+0.060%	$4.8M	$2.3M	—	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.10	−0.045%	$98.2M	$22.2M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.06	−0.057%	$683K	$441K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.11	−0.043%	$177	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.15	−0.031%	$2.2M	$4.8M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	356.19	−0.020%	$1.3M	$4.7M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0076%	8h	356.26	−0.001%	$292	$253	5x	as long as short
Bitget GOOGLUSDT	+0.0076%	8h	356.42	+0.044%	$17.0M	$9.2M	100x	as long as short
Aster GOOGLUSDT	+0.0092%	8h	356.43	+0.048%	$364K	$458K	20x	as long as short
Bybit GOOGLUSDT	+0.0099%	8h	356.35	+0.025%	$11.5M	$7.7M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.04	−0.064%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	355.91	−0.099%	$3.0M	$64K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.30	+0.011%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.11	−0.043%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.14	−0.036%	$25K	—	10x	as long as short
Extended GOOGL-USD	+0.0112%	1h	356.16	−0.028%	$421K	$1.8M	20x	as long as short
Binance GOOGLUSDTlong	+0.0113%	8h	356.26	long leg	$72.8M	$142.0M	50x
Phoenix GOOGL	+0.0157%	1h	356.41	+0.042%	$137K	$48K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0191%	8h	356.41	+0.042%	$13.8M	$12.7M	50x	as long as short
BloFin GOOGL-USDT	+0.0233%	8h	356.31	+0.013%	$690K	$234K	20x	as long as short
Arcus GOOGL-USD	+0.0306%	1h	356.24	−0.006%	$202K	$271K	10x	as long as short
edgeX GOOGLUSDC	+0.0538%	4h	356.48	+0.060%	$209K	$1.2M	10x	as long as short