Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0058%/8h= +6.4% APRpaid last 24h −0.023%

Price spread now: Pacifica against Binance−0.063%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Pacifica is 0.063% cheaper against Binance than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 3.6 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GOOGLUSDT	357.00	0.0042	pay 0.0042% / 8h	1h 19m	$72.0M	$143.7M	50x
Short	Pacifica GOOGL	356.78	0.0100	get 0.0013% / 1h	19m 46s	$42K	$39K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.063%Rate

Funding earned: $12.23
Price spread: −0.063% → 0.000%: −$6.26
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$12.03
Costs to cover: 0.180%
Break-even: 13.9 days

Slippage unknown: Binance: live order book, 8 min ago; Pacifica: 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 Binance live order book, 8 min ago	0.14 bp	5.6 bp −$6	8.5 bp −$85	30.3 bp −$3,031	doesn't fit
Sell Pacifica no order-book sample	—	—	—	—	—

Pacifica: 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	356.60	−0.112%	$511K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	356.97	−0.008%	$13.6M	$13.1M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.86	−0.039%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.04	+0.011%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.92	−0.022%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.98	−0.005%	$23K	$447K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.00	0.000%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.79	−0.059%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.13	+0.036%	$115K	$211K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.08	+0.022%	$2.7M	$88K	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	+0.0019%	1h	356.75	−0.071%	$144K	$46K	10x	as long as short
Aster GOOGLUSDT	+0.0021%	8h	357.07	+0.019%	$365K	$424K	20x	as long as short
Nado GOOGL-PERP	+0.0022%	1h	356.82	−0.050%	$549K	$92K	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.91	−0.025%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.034%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0038%	1h	356.92	−0.022%	$1.3M	$4.2M	10x	as long as short
Extended GOOGL-USD	+0.0040%	1h	356.88	−0.033%	$423K	$1.2M	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.72	−0.078%	$207K	$278K	10x	as long as short
Binance GOOGLUSDTlong	+0.0042%	8h	357.00	long leg	$72.0M	$143.7M	50x
Vest GOOGL-USD-PERP	+0.0046%	1h	357.07	+0.020%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.80	−0.056%	$98.0M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.72	−0.078%	$684K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.78	−0.062%	$150	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.61	−0.109%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0053%	8h	356.96	−0.012%	$293	$253	5x	as long as short
edgeX GOOGLUSDC	+0.0062%	4h	356.95	−0.014%	$208K	$1.2M	10x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.89	−0.031%	$137K	$36K	20x	as long as short
Pacifica GOOGLshort	+0.0100%	1h	356.78	−0.063%	$42K	$39K	10x
KuCoin GOOGLUSDTM	+0.0100%	8h	356.59	−0.115%	$3.0M	$100K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.83	−0.048%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.82	−0.050%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.84	−0.045%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0120%	1h	356.95	−0.014%	$2.0M	$1.3M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0128%	1h	356.80	−0.056%	$33K	—	20x	as long as short
Bybit GOOGLUSDT	+0.0142%	8h	356.99	−0.003%	$11.5M	$7.9M	100x	as long as short
BloFin GOOGL-USDT	+0.0163%	8h	356.99	−0.003%	$689K	$236K	20x	as long as short