Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SoDEX against Ondo Perps+0.031%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.031% dearer against Ondo Perps than usual: you sell high and buy low, +$3 on $10k if it 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	Ondo Perps GOOGL-USD.P	357.40	0.0050	pay 0.0006% / 1h	34m 09s	$2.3M	$4.9M	15x
Short	SoDEX GOOGL-USD	357.51	0.0050	get 0.0006% / 1h	34m 09s	$151	$46K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Ondo Perps. 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 Ondo PerpsbpFee SoDEXbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$0.08
Price spread: +0.031% → 0.000%: $3.08
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$10.01
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; SoDEX: 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Ondo Perps and SoDEX: 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	−0.0048%	1h	357.54	+0.039%	$526K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.63	+0.064%	$3.6M	$7.4M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.72	+0.090%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.79	+0.109%	$23K	$435K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.75	+0.098%	$2K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.49	+0.025%	$24K	$155K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.87	+0.132%	$115K	$221K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.83	+0.120%	$2.7M	$86K	10x	as long as short
Bitget GOOGLUSDT	+0.0003%	8h	357.80	+0.112%	$17.5M	$9.6M	100x	as long as short
Aftermath Perps GOOGLUSD	+0.0014%	1h	357.61	+0.059%	$144K	$49K	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	357.77	+0.104%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.078%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.44	+0.011%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.72	+0.090%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0050%	1h	357.66	+0.073%	$1.3M	$4.2M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.51	+0.031%	$99.0M	$20.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.49	+0.025%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USDshort	+0.0050%	1h	357.51	+0.031%	$151	$46K	10x
Ondo Perps GOOGL-USD.Plong	+0.0050%	1h	357.40	long leg	$2.3M	$4.9M	15x
Hotstuff GOOGL-PERP	+0.0056%	1h	357.55	+0.042%	$33K	—	20x	as long as short
Aster GOOGLUSDT	+0.0058%	8h	357.88	+0.134%	$366K	$457K	20x	as long as short
Binance GOOGLUSDT	+0.0078%	8h	357.75	+0.098%	$73.1M	$141.3M	50x	as long as short
Extended GOOGL-USD	+0.0080%	1h	357.66	+0.073%	$426K	$1.8M	20x	as long as short
Nado GOOGL-PERP	+0.0092%	1h	357.49	+0.026%	$558K	$80K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.70	+0.084%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.31	−0.025%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.48	+0.022%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.47	+0.020%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.61	+0.058%	$25K	—	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0106%	8h	357.67	+0.076%	$293	$253	5x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.58	+0.050%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0113%	8h	357.71	+0.087%	$13.8M	$12.4M	50x	as long as short
Bybit GOOGLUSDT	+0.0187%	8h	357.84	+0.123%	$12.0M	$7.6M	100x	as long as short
BloFin GOOGL-USDT	+0.0197%	8h	357.74	+0.095%	$695K	$234K	20x	as long as short
Lighter GOOGL	+0.0288%	1h	357.76	+0.101%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0572%	4h	357.70	+0.084%	$209K	$1.2M	10x	as long as short