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 0.000%

Price spread now: SunX against Gate+0.014%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$127as in the Funding arb table

Net, price: spread back to 7d avg − costs−$123as in the Price arb table

costs, in and out, $10k−$1231.228% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$4 on $10k

Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.014%, 7d avg +0.021%

Together, before fees−0.020%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate GOOGL_USDT	357.18	0	get 0.0000% / 8h	2h 44m	$3.6M	$7.4M	100x
Short	SunX GOOGL-USDT	357.23	0	get 0.0000% / 8h	2h 44m	$1K	$4.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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 GatebpFee SunXbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → +0.021%: −$0.65
Slippage, 4 orders: −$99.76
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$123.42
Costs to cover: 1.228%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; SunX: live order book, 4 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 Gate live order book, 4 min ago	1.68 bp	11.2 bp −$11	22.4 bp −$224	doesn't fit	doesn't fit
Sell SunX live order book, 4 min ago	44.64 bp	49.2 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
Gate GOOGL_USDTlong	0.0000%	8h	357.18	long leg	$3.6M	$7.4M	100x
Bitget GOOGLUSDT	0.0000%	8h	357.30	+0.034%	$17.4M	$9.7M	100x	as long as short
SunX GOOGL-USDTshort	0.0000%	8h	357.23	+0.014%	$1K	$4.1M	20x
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.93	−0.070%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.35	+0.048%	$115K	$215K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.40	+0.062%	$2.7M	$87K	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0010%	8h	357.26	+0.022%	$23K	$448K	10x	as long as short
Variational Omni GOOGL	+0.0015%	8h	357.17	−0.002%	$4.8M	$2.4M	—	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.19	+0.003%	$521K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0024%	1h	357.16	−0.007%	$144K	$47K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH GOOGL	+0.0032%	1h	357.26	+0.022%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.017%	$128K	$45K	30x	as long as short
Nado GOOGL-PERP	+0.0035%	1h	356.99	−0.053%	$557K	$86K	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.00	−0.050%	$207K	$278K	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0045%	8h	357.15	−0.008%	$13.7M	$12.6M	50x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.24	+0.017%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.16	−0.006%	$1.3M	$4.3M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.04	−0.039%	$99.1M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.04	−0.039%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.03	−0.042%	$149	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.93	−0.070%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0067%	8h	357.16	−0.005%	$293	$253	5x	as long as short
Hotstuff GOOGL-PERP	+0.0072%	1h	357.04	−0.039%	$33K	—	20x	as long as short
Aster GOOGLUSDT	+0.0073%	8h	357.42	+0.068%	$366K	$426K	20x	as long as short
Binance GOOGLUSDT	+0.0093%	8h	357.27	+0.025%	$72.3M	$143.1M	50x	as long as short
Extended GOOGL-USD	+0.0096%	1h	357.18	+0.001%	$424K	$1.2M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.02	−0.046%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.06	−0.034%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.01	−0.048%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.13	−0.014%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.09	−0.024%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.02	−0.045%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0160%	1h	357.25	+0.020%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0213%	8h	357.29	+0.031%	$692K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0229%	8h	357.35	+0.048%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0830%	4h	357.24	+0.016%	$208K	$1.2M	10x	as long as short