Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: tradeXYZ against Ondo Perps+0.045%7-day average +0.029% · you sell dearer than you buy

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

Long on Ondo Perps Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days+0.079%+$8 · spread now +0.045%, 7d avg +0.029%

Together, before fees+0.086%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps GOOGL-USD.P	357.58	0.0050	pay 0.0006% / 1h	1m 05s	$2.3M	$4.9M	15x
Short	tradeXYZ xyz:GOOGL	357.74	0.0050	get 0.0006% / 1h	1m 05s	$99.1M	$21.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$0.08
Price spread: +0.045% → +0.029%: $1.57
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$21.51
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 9 min ago. 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 tradeXYZ live order book, 9 min ago	0.14 bp	9.5 bp −$10	12.4 bp −$124	doesn't fit	doesn't fit

Ondo Perps: 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
Hotstuff GOOGL-PERP	−0.0088%	1h	357.71	+0.036%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0064%	1h	357.46	−0.034%	$524K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0008%	1h	357.64	+0.017%	$558K	$80K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.84	+0.073%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.90	+0.090%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.93	+0.098%	$23K	$436K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.97	+0.109%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.67	+0.025%	$24K	$155K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.01	+0.120%	$115K	$222K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.03	+0.126%	$2.7M	$81K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0006%	1h	357.62	+0.012%	$144K	$50K	10x	as long as short
QFEX GOOGL-USD	+0.0028%	1h	357.83	+0.070%	$1.3M	$4.3M	10x	as long as short
Aster GOOGLUSDT	+0.0029%	8h	357.74	+0.044%	$366K	$457K	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.99	+0.115%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.129%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.64	+0.017%	$208K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.90	+0.089%	—	$5K	25x	as long as short
Extended GOOGL-USD	+0.0048%	1h	357.89	+0.087%	$426K	$1.8M	20x	as long as short
tradeXYZ xyz:GOOGLshort	+0.0050%	1h	357.74	+0.045%	$99.1M	$21.1M	20x
Polymarket Perps GOOG-USD	+0.0050%	1h	357.70	+0.034%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.73	+0.042%	$152	$46K	10x	as long as short
Binance GOOGLUSDT	+0.0050%	8h	358.02	+0.123%	$73.1M	$141.4M	50x	as long as short
Ondo Perps GOOGL-USD.Plong	+0.0050%	1h	357.58	long leg	$2.3M	$4.9M	15x
Bitget GOOGLUSDT	+0.0060%	8h	357.99	+0.115%	$17.5M	$9.6M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0077%	8h	357.84	+0.072%	$293	$253	5x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.84	+0.073%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.48	−0.028%	$3.0M	$72K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.61	+0.008%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.84	+0.073%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.81	+0.064%	$25K	—	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0108%	8h	357.92	+0.095%	$13.8M	$12.4M	50x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.78	+0.056%	$138K	$36K	20x	as long as short
Bybit GOOGLUSDT	+0.0115%	8h	358.13	+0.154%	$12.0M	$7.6M	100x	as long as short
BloFin GOOGL-USDT	+0.0170%	8h	357.94	+0.101%	$697K	$234K	20x	as long as short
Lighter GOOGL	+0.0176%	1h	358.02	+0.123%	$2.1M	$1.2M	20x	as long as short
edgeX GOOGLUSDC	+0.0510%	4h	357.91	+0.094%	$209K	$1.2M	10x	as long as short