Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.014%

Price spread now: Extended against Orderly+0.001%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_GOOGL_USDC	357.82	0.0100	pay 0.0100% / 8h	3h 14m	$10K	$11K	20x
Short	Extended GOOGL-USD	357.82	0.0112	get 0.0014% / 1h	14m 10s	$419K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Orderly. 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 OrderlybpFee ExtendedbpOrdersPrice spread, now +0.001%Rate

Funding earned: $2.52
Price spread: +0.001% → 0.000%: $0.11
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$8.37
Costs to cover: 0.110%
Break-even: 30.3 days

Slippage unknown: Orderly: no order-book sample; Extended: live order book, 4 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 Orderly no order-book sample	—	—	—	—	—
Sell Extended live order book, 4 min ago	0.14 bp	3.5 bp −$4	13.8 bp −$138	doesn't fit	doesn't fit

Orderly: 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
Gate GOOGL_USDT	0.0000%	8h	357.86	+0.011%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.97	+0.042%	$17.5M	$9.7M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.04	+0.061%	$2K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.00	+0.050%	$115K	$217K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.00	+0.050%	$2.7M	$86K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.67	−0.042%	$522K	$1.1M	10x	as long as short
Nado GOOGL-PERP	+0.0017%	1h	357.70	−0.034%	$558K	$86K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0022%	1h	357.79	−0.010%	$144K	$48K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0030%	1h	357.66	−0.045%	$24K	$156K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.90	+0.022%	$1.3M	$2.1M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GOOGL_USDT_Perp	+0.0033%	8h	358.02	+0.056%	$24K	$444K	10x	as long as short
Variational Omni GOOGL	+0.0033%	8h	357.99	+0.048%	$4.8M	$2.4M	—	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.196%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.73	−0.025%	$208K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.92	+0.028%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.68	−0.039%	$99.2M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.70	−0.034%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.71	−0.031%	$148	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.64	−0.050%	$2.3M	$4.9M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.89	+0.020%	$1.3M	$4.2M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0068%	8h	357.87	+0.014%	$293	$253	5x	as long as short
OKX GOOGL-USDT-SWAP	+0.0082%	8h	357.90	+0.022%	$13.8M	$12.5M	50x	as long as short
Hotstuff GOOGL-PERP	+0.0088%	1h	357.81	−0.003%	$33K	—	20x	as long as short
Aster GOOGLUSDT	+0.0090%	8h	357.68	−0.038%	$366K	$426K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.95	+0.036%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.48	−0.095%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.70	−0.034%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDClong	+0.0100%	8h	357.82	long leg	$10K	$11K	20x
Aevo GOOGL-PERP	+0.0104%	1h	357.83	+0.004%	$25K	—	10x	as long as short
Binance GOOGLUSDT	+0.0109%	8h	357.92	+0.028%	$72.6M	$142.6M	50x	as long as short
Extended GOOGL-USDshort	+0.0112%	1h	357.82	+0.001%	$419K	$1.2M	20x
Phoenix GOOGL	+0.0179%	1h	357.75	−0.020%	$138K	$36K	20x	as long as short
Lighter GOOGL	+0.0208%	1h	357.89	+0.020%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0229%	8h	358.03	+0.059%	$694K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0247%	8h	358.01	+0.053%	$12.1M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0533%	4h	357.99	+0.047%	$209K	$1.2M	10x	as long as short