Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.036%

Price spread now: Pacifica against OKX−0.051%7-day average — · you buy dearer than you sell

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

Long on OKX 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 0.051% cheaper against OKX than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 41 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX GOOGL-USDT-SWAP	356.86	0	get 0.0000% / 8h	1h 42m	$13.6M	$13.0M	50x
Short	Pacifica GOOGL	356.68	0.0100	get 0.0013% / 1h	42m 10s	$42K	$39K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against OKX. 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 OKXbpFee PacificabpOrdersPrice spread, now −0.051%Rate

Funding earned: $21
Price spread: −0.051% → 0.000%: −$5.07
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$2.07
Costs to cover: 0.180%
Break-even: 7.7 days

Slippage unknown: OKX: live order book, 1 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 OKX live order book, 1 min ago	0.14 bp	6.4 bp −$6	10.5 bp −$105	doesn't fit	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	−0.073%	$511K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0008%	1h	356.68	−0.050%	$33K	—	20x	as long as short
OKX GOOGL-USDT-SWAPlong	0.0000%	8h	356.86	long leg	$13.6M	$13.0M	50x
Gate GOOGL_USDT	0.0000%	8h	356.77	−0.025%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.00	+0.039%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.94	+0.023%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.01	+0.042%	$23K	$444K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.92	+0.017%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.65	−0.059%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.06	+0.056%	$115K	$212K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex GOOGLUSDT	0.0000%	4h	357.06	+0.056%	$2.7M	$87K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0023%	1h	356.68	−0.051%	$144K	$46K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.81	−0.014%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.073%	$128K	$45K	30x	as long as short
Nado GOOGL-PERP	+0.0034%	1h	356.65	−0.059%	$549K	$90K	20x	as long as short
Aster GOOGLUSDT	+0.0034%	8h	357.17	+0.087%	$365K	$424K	20x	as long as short
QFEX GOOGL-USD	+0.0038%	1h	356.82	−0.011%	$1.2M	$4.2M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.65	−0.059%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.91	+0.014%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.68	−0.050%	$98.0M	$21.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.66	−0.056%	$684K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.64	−0.062%	$153	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.39	−0.132%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0054%	8h	356.79	−0.021%	$293	$253	5x	as long as short
Binance GOOGLUSDT	+0.0055%	8h	356.91	+0.014%	$72.0M	$143.7M	50x	as long as short
Extended GOOGL-USD	+0.0056%	1h	356.84	−0.005%	$423K	$1.2M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.69	−0.048%	$137K	$36K	20x	as long as short
Pacifica GOOGLshort	+0.0100%	1h	356.68	−0.051%	$42K	$39K	10x
KuCoin GOOGLUSDTM	+0.0100%	8h	356.59	−0.076%	$3.0M	$103K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.76	−0.028%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.70	−0.045%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.77	−0.024%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0144%	1h	356.86	0.000%	$2.0M	$1.3M	20x	as long as short
Bybit GOOGLUSDT	+0.0174%	8h	356.98	+0.034%	$11.9M	$7.5M	100x	as long as short
BloFin GOOGL-USDT	+0.0175%	8h	356.89	+0.008%	$689K	$235K	20x	as long as short
edgeX GOOGLUSDC	+0.0400%	4h	356.88	+0.005%	$208K	$1.2M	10x	as long as short