Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.028%

Price spread now: SunX against Bitget−0.003%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1141.145% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.003%, 7d avg +0.005%

Together, before fees−0.045%−$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GOOGLUSDT	357.53	0	get 0.0000% / 8h	2h 11m	$17.4M	$9.9M	100x
Short	SunX GOOGL-USDT	357.52	0	get 0.0000% / 8h	2h 11m	$1K	$4.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bitget. 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 BitgetbpFee SunXbpOrdersPrice spread, now −0.003%Rate

Funding earned: $0
Price spread: −0.003% → +0.005%: −$0.75
Slippage, 4 orders: −$94.49
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$115.24
Costs to cover: 1.145%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; SunX: live order book, 7 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 Bitget live order book, 3 min ago	0.70 bp	7.5 bp −$8	10.5 bp −$105	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	44.91 bp	49.4 bp −$49	doesn't fit	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
Nado GOOGL-PERP	−0.0022%	1h	357.34	−0.053%	$557K	$86K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.50	−0.008%	$13.7M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.37	−0.045%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDTlong	0.0000%	8h	357.53	long leg	$17.4M	$9.9M	100x
Variational Omni GOOGL	0.0000%	8h	357.30	−0.065%	$4.7M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.32	−0.059%	$23K	$447K	10x	as long as short
SunX GOOGL-USDTshort	0.0000%	8h	357.52	−0.003%	$1K	$4.1M	20x
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.27	−0.073%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.65	+0.034%	$115K	$214K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.51	−0.006%	$2.7M	$87K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	356.88	−0.182%	$519K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0020%	1h	357.20	−0.093%	$144K	$47K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.49	−0.011%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.115%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.17	−0.101%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.61	+0.022%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.40	−0.036%	$1.3M	$4.2M	10x	as long as short
Aster GOOGLUSDT	+0.0048%	8h	357.53	0.000%	$366K	$426K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.26	−0.076%	$98.3M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.22	−0.087%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.28	−0.070%	$160	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.19	−0.095%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0058%	8h	357.45	−0.021%	$293	$253	5x	as long as short
Binance GOOGLUSDT	+0.0068%	8h	357.51	−0.006%	$72.1M	$143.7M	50x	as long as short
Extended GOOGL-USD	+0.0072%	1h	357.42	−0.031%	$422K	$1.2M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.26	−0.075%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.96	−0.159%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.26	−0.076%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.30	−0.064%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.35	−0.050%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0112%	1h	357.49	−0.011%	$2.0M	$1.3M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0112%	1h	357.19	−0.095%	$33K	—	20x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.25	−0.078%	$137K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0188%	8h	357.49	−0.011%	$688K	$236K	20x	as long as short
Bybit GOOGLUSDT	+0.0199%	8h	357.59	+0.017%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0494%	4h	357.41	−0.032%	$208K	$1.2M	10x	as long as short