Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0035%/8h= −3.9% APRpaid last 24h −0.022%

Price spread now: Gate against Nado+0.017%7-day average +0.015% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$500.498% of the position

Long on Nado Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.010%+$1 on $10k

Price spread, last 4 days (all we have)+0.067%+$7 · spread now +0.017%, 7d avg +0.015%

Together, before fees+0.077%+ Points / potential airdropNado: Active · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado GOOGL-PERP	357.02	0.0035	pay 0.0004% / 1h	44m 14s	$557K	$86K	20x
Short	Gate GOOGL_USDT	357.08	0	get 0.0000% / 8h	2h 44m	$3.6M	$7.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Nado. 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 NadobpFee GatebpOrdersPrice spread, now +0.017%Rate

Funding earned: −$7.42
Price spread: +0.017% → +0.015%: $0.19
Slippage, 4 orders: −$27.76
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$57
Costs to cover: 0.498%
Break-even: never at this rate

Slippage from Nado: live order book, 4 min ago; Gate: 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 Nado live order book, 4 min ago	0.28 bp	10.6 bp −$11	22.7 bp −$227	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.68 bp	13.2 bp −$13	20.2 bp −$202	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_USDTshort	0.0000%	8h	357.08	+0.017%	$3.6M	$7.4M	100x
Bitget GOOGLUSDT	0.0000%	8h	357.30	+0.079%	$17.4M	$9.7M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.22	+0.056%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.88	−0.039%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.35	+0.093%	$115K	$216K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.29	+0.076%	$2.7M	$87K	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0010%	8h	357.26	+0.067%	$23K	$448K	10x	as long as short
Variational Omni GOOGL	+0.0015%	8h	357.17	+0.043%	$4.8M	$2.4M	—	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.19	+0.048%	$521K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0024%	1h	357.16	+0.038%	$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	357.16	+0.039%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.028%	$128K	$45K	30x	as long as short
Nado GOOGL-PERPlong	+0.0035%	1h	357.02	long leg	$557K	$86K	20x
Arcus GOOGL-USD	+0.0040%	1h	357.00	−0.005%	$207K	$278K	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0044%	8h	357.15	+0.037%	$13.7M	$12.6M	50x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.18	+0.045%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.16	+0.039%	$1.3M	$4.3M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.97	−0.014%	$99.1M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.96	−0.017%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.00	−0.005%	$149	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.93	−0.025%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0067%	8h	357.16	+0.040%	$293	$253	5x	as long as short
Hotstuff GOOGL-PERP	+0.0072%	1h	357.02	0.000%	$33K	—	20x	as long as short
Aster GOOGLUSDT	+0.0073%	8h	357.35	+0.091%	$366K	$426K	20x	as long as short
Binance GOOGLUSDT	+0.0093%	8h	357.20	+0.051%	$72.3M	$143.1M	50x	as long as short
Extended GOOGL-USD	+0.0096%	1h	357.11	+0.026%	$424K	$1.2M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.02	−0.001%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.99	−0.008%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.01	−0.003%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.13	+0.031%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.08	+0.016%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.02	0.000%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0160%	1h	357.16	+0.039%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0213%	8h	357.29	+0.076%	$692K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0229%	8h	357.30	+0.079%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0830%	4h	357.24	+0.061%	$208K	$1.2M	10x	as long as short