Settings8H · net · $10k
Funding arb · Price arb /

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0579%/8h= +63.4% APRpaid last 24h +0.177%
Price spread now: edgeX against Polymarket Perps−0.046%64s7-day average +0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.291% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 7 days+0.125%+$12 · spread now −0.046%, 7d avg +0.061%
Together, before fees+0.138%+ Points / potential airdropedgeX: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.107% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.061%). If the spread goes back, that is −$11 on $10k: about 15 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.013% in total) that is about 57 days. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.013% in total (about 0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps GOOG-USD357.340.0050pay 0.0006% / 1h41m 49s$685K$429K10x
ShortedgeX GOOGLUSDC357.180.0629get 0.0314% / 4h3h 41m$208K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Polymarket 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

Funding earned
$121.58
Price spread: −0.046% → +0.061%
−$10.66
Slippage, 4 orders
−$12.06
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$81.86
Costs to cover
0.291%
Break-even
2.3 days
Slippage from Polymarket Perps: live order book, 11 min ago; edgeX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 11 min ago1.68 bp7.5 bp −$78.4 bp −$849.5 bp −$955doesn't fit
Sell edgeX live order book, 2 min ago3.22 bp8.0 bp −$811.2 bp −$112doesn't fitdoesn't fit

GOOGL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GOOGL_USDT0.0000%8h357.50+0.045%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.64+0.084%$17.4M$9.6M100xas long as short
SunX GOOGL-USDT0.0000%8h357.53+0.053%$829$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.38+0.011%$24K$155K10xas long as short
HTX GOOGL-USDT0.0000%8h357.75+0.115%$115K$220K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.63+0.081%$2.7M$85K10xas long as short
Coinbase International GOOGL-PERP-INTX+0.0016%1h356.93−0.115%$522K$1.1M10xas long as short
Aftermath Perps GOOGLUSD+0.0027%1h357.16−0.049%$144K$48K10xas long as short
Variational Omni GOOGL+0.0030%8h357.39+0.015%$4.8M$2.4Mas long as short
Nado GOOGL-PERP+0.0030%1h357.35+0.004%$557K$80K20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH GOOGL+0.0032%1h357.53+0.053%$1.3M$2.1M20xas long as short
GRVT GOOGL_USDT_Perp+0.0032%8h357.44+0.028%$23K$436K10xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.062%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.16−0.050%$207K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.62+0.078%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.37+0.008%$99.1M$20.5M20xas long as short
Polymarket Perps GOOG-USDlong+0.0050%1h357.34long leg$685K$429K10x
SoDEX GOOGL-USD+0.0050%1h357.37+0.008%$142$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.07−0.076%$2.3M$4.8M15xas long as short
QFEX GOOGL-USD+0.0064%1h357.40+0.017%$1.3M$4.2M10xas long as short
Aster GOOGLUSDT+0.0088%8h357.80+0.127%$366K$426K20xas long as short
Pacifica GOOGL+0.0100%1h357.43+0.025%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.15−0.053%$3.0M$91K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.24−0.028%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.46+0.034%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.50+0.045%$25K10xas long as short
OKX GOOGL-USDT-SWAP+0.0105%8h357.59+0.070%$13.8M$12.4M50xas long as short
Binance GOOGLUSDT+0.0108%8h357.52+0.050%$72.5M$141.5M50xas long as short
Paradex GOOGL-USD-PERP+0.0111%8h357.50+0.046%$293$2535xas long as short
Extended GOOGL-USD+0.0112%1h357.53+0.053%$422K$1.8M20xas long as short
Hotstuff GOOGL-PERP+0.0128%1h357.32−0.006%$33K20xas long as short
Phoenix GOOGL+0.0179%1h357.33−0.003%$137K$36K20xas long as short
BloFin GOOGL-USDT+0.0228%8h357.49+0.042%$693K$234K20xas long as short
Lighter GOOGL+0.0240%1h357.56+0.062%$2.0M$1.3M20xas long as short
Bybit GOOGLUSDT+0.0245%8h357.73+0.109%$12.0M$7.5M100xas long as short
edgeX GOOGLUSDCshort+0.0629%4h357.18−0.046%$208K$1.2M10x