Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0058%/8h= −6.3% APRpaid last 24h −0.007%

Price spread now: Polymarket Perps against Paradex−0.066%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.066% cheaper against Paradex than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex GOOGL-USD-PERP	357.54	0.0108	pay 0.0108% / 8h	3h 40m	$293	$253	5x
Short	Polymarket Perps GOOG-USD	357.31	0.0050	get 0.0006% / 1h	40m 33s	$685K	$429K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Paradex. 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 ParadexbpFee Polymarket PerpsbpOrdersPrice spread, now −0.066%Rate

Funding earned: −$12.15
Price spread: −0.066% → 0.000%: −$6.55
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$30.7
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Polymarket Perps: live order book, 12 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 Paradex no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 12 min ago	1.68 bp	5.7 bp −$6	6.6 bp −$66	8.0 bp −$801	doesn't fit

Paradex: 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	357.41	−0.038%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.56	+0.004%	$17.4M	$9.6M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.61	+0.018%	$966	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.32	−0.063%	$24K	$155K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.68	+0.038%	$115K	$220K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.55	+0.002%	$2.7M	$85K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.11	−0.121%	$522K	$1.1M	10x	as long as short
Nado GOOGL-PERP	+0.0018%	1h	357.43	−0.032%	$558K	$80K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0027%	1h	357.19	−0.098%	$144K	$48K	10x	as long as short
Variational Omni GOOGL	+0.0029%	8h	357.51	−0.009%	$4.8M	$2.4M	—	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	357.54	−0.001%	$1.3M	$2.1M	20x	as long as short
GRVT GOOGL_USDT_Perp	+0.0032%	8h	357.44	−0.029%	$23K	$436K	10x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.119%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.21	−0.093%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.66	+0.032%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.38	−0.046%	$99.1M	$20.5M	20x	as long as short
Polymarket Perps GOOG-USDshort	+0.0050%	1h	357.31	−0.066%	$685K	$429K	10x
SoDEX GOOGL-USD	+0.0050%	1h	357.34	−0.057%	$142	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.17	−0.105%	$2.3M	$4.9M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.44	−0.029%	$1.3M	$4.2M	10x	as long as short
Aster GOOGLUSDT	+0.0089%	8h	357.75	+0.059%	$366K	$426K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.49	−0.014%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.15	−0.110%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.26	−0.080%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.43	−0.032%	$10K	$11K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0101%	8h	357.50	−0.012%	$13.8M	$12.4M	50x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.38	−0.046%	$25K	—	10x	as long as short
Binance GOOGLUSDT	+0.0108%	8h	357.54	−0.002%	$72.5M	$141.6M	50x	as long as short
Paradex GOOGL-USD-PERPlong	+0.0108%	8h	357.54	long leg	$293	$253	5x
Extended GOOGL-USD	+0.0112%	1h	357.42	−0.035%	$419K	$1.8M	20x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.33	−0.060%	$137K	$36K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0224%	1h	357.36	−0.052%	$33K	—	20x	as long as short
BloFin GOOGL-USDT	+0.0228%	8h	357.52	−0.007%	$693K	$234K	20x	as long as short
Lighter GOOGL	+0.0232%	1h	357.52	−0.007%	$2.0M	$1.3M	20x	as long as short
Bybit GOOGLUSDT	+0.0240%	8h	357.62	+0.021%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0523%	4h	357.44	−0.029%	$208K	$1.2M	10x	as long as short