Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0089%/8h= +9.7% APRpaid last 24h +0.007%

Price spread now: Paradex against Coinbase International+0.047%7-day average — · you sell dearer than you buy

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

Long on Coinbase International 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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.047% dearer against Coinbase International than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International GOOGL-PERP-INTX	356.22	−0.0024	get 0.0003% / 1h	58m 41s	$528K	$1.1M	10x
Short	Paradex GOOGL-USD-PERP	356.39	0.0065	get 0.0065% / 8h	6h 58m	$292	$253	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Coinbase International. 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 Coinbase InternationalbpFee ParadexbpOrdersPrice spread, now +0.047%Rate

Funding earned: $18.66
Price spread: +0.047% → 0.000%: $4.66
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $9.32
Costs to cover: 0.140%
Break-even: 3.5 days

Slippage unknown: Coinbase International: live order book, 5 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 Coinbase International live order book, 5 min ago	1.97 bp	7.8 bp −$8	10.8 bp −$108	doesn't fit	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 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
Deribit GOOGL_USDC-PERPETUAL	−0.0171%	1h	356.06	−0.045%	$23K	$153K	10x	as long as short
Coinbase International GOOGL-PERP-INTXlong	−0.0024%	1h	356.22	long leg	$528K	$1.1M	10x
Gate GOOGL_USDT	0.0000%	8h	356.35	+0.036%	$3.6M	$7.5M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.44	+0.061%	$23K	$452K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.48	+0.073%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.57	+0.098%	$114K	$227K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.47	+0.070%	$2.7M	$67K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0010%	1h	356.22	−0.001%	$144K	$52K	10x	as long as short
Bitget GOOGLUSDT	+0.0018%	8h	356.45	+0.065%	$16.9M	$9.3M	100x	as long as short
Variational Omni GOOGL	+0.0027%	8h	356.41	+0.054%	$4.8M	$2.3M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter GOOGL	+0.0032%	1h	356.37	+0.042%	$2.1M	$1.1M	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.47	+0.070%	$1.4M	$2.3M	20x	as long as short
Nado GOOGL-PERP	+0.0032%	1h	356.30	+0.022%	$556K	$80K	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.253%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.24	+0.006%	$202K	$271K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.50	+0.079%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.19	−0.008%	$98.3M	$22.0M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.22	0.000%	$683K	$441K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.21	−0.003%	$170	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.22	0.000%	$2.2M	$4.8M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	356.33	+0.031%	$1.3M	$4.6M	10x	as long as short
Hotstuff GOOGL-PERP	+0.0064%	1h	356.19	−0.008%	$33K	—	20x	as long as short
Paradex GOOGL-USD-PERPshort	+0.0065%	8h	356.39	+0.047%	$292	$253	5x
Bybit GOOGLUSDT	+0.0067%	8h	356.46	+0.067%	$11.5M	$7.5M	100x	as long as short
Aster GOOGLUSDT	+0.0078%	8h	356.56	+0.096%	$364K	$458K	20x	as long as short
Extended GOOGL-USD	+0.0096%	1h	356.34	+0.034%	$421K	$1.8M	20x	as long as short
Binance GOOGLUSDT	+0.0099%	8h	356.42	+0.056%	$72.7M	$142.1M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.21	−0.003%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.15	−0.020%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.17	−0.014%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.28	+0.017%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.32	+0.028%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.30	+0.022%	$137K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0178%	8h	356.50	+0.079%	$13.8M	$12.7M	50x	as long as short
BloFin GOOGL-USDT	+0.0219%	8h	356.49	+0.076%	$647K	$234K	20x	as long as short
edgeX GOOGLUSDC	+0.0952%	4h	356.41	+0.054%	$209K	$1.2M	10x	as long as short