Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0573%/8h= +62.8% APRpaid last 24h +0.177%

Price spread now: edgeX against SoDEX+0.053%45s7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on edgeX

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 airdropedgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and edgeX is 0.053% dearer against SoDEX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX GOOGL-USD	357.38	0.0050	pay 0.0006% / 1h	3m 26s	$134	$46K	10x
Short	edgeX GOOGLUSDC	357.57	0.0623	get 0.0312% / 4h	3m 26s	$209K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against SoDEX. 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 SoDEXbpFee edgeXbpOrdersPrice spread, now +0.053%Rate

Funding earned: $120.39
Price spread: +0.053% → 0.000%: $5.33
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $108.72
Costs to cover: 0.170%
Break-even: 0.7 days

Slippage unknown: SoDEX: no order-book sample; edgeX: live order book, just now. 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 SoDEX no order-book sample	—	—	—	—	—
Sell edgeX live order book, just now	3.22 bp	8.0 bp −$8	11.4 bp −$114	doesn't fit	doesn't fit

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	357.09	−0.081%	$512K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0007%	1h	357.32	−0.016%	$549K	$88K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.63	+0.070%	$13.6M	$12.8M	50x	as long as short
Hotstuff GOOGL-PERP	0.0000%	1h	357.39	+0.003%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.49	+0.031%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.73	+0.098%	$17.4M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.58	+0.055%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.58	+0.056%	$23K	$449K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.61	+0.064%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.35	−0.008%	$24K	$157K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX GOOGL-USDT	0.0000%	8h	357.75	+0.104%	$115K	$210K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.70	+0.090%	$2.7M	$88K	10x	as long as short
Aster GOOGLUSDT	+0.0003%	8h	357.73	+0.097%	$366K	$422K	20x	as long as short
Extended GOOGL-USD	+0.0024%	1h	357.53	+0.041%	$427K	$2.5M	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0024%	1h	357.66	+0.078%	$144K	$44K	10x	as long as short
Binance GOOGLUSDT	+0.0026%	8h	357.62	+0.067%	$72.1M	$143.2M	50x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.45	+0.020%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.073%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0035%	1h	357.54	+0.045%	$1.3M	$4.2M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.39	+0.003%	$208K	$279K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0043%	8h	357.19	−0.053%	$3.0M	$114K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.70	+0.090%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.40	+0.006%	$98.2M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.36	−0.006%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USDlong	+0.0050%	1h	357.38	long leg	$134	$46K	10x
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.32	−0.017%	$2.3M	$4.6M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0051%	8h	357.45	+0.020%	$293	$253	5x	as long as short
Bybit GOOGLUSDT	+0.0075%	8h	357.61	+0.064%	$11.5M	$7.8M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.34	−0.011%	$42K	$26K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.32	−0.017%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.35	−0.008%	$10K	$11K	20x	as long as short
BloFin GOOGL-USDT	+0.0102%	8h	357.60	+0.062%	$688K	$236K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.45	+0.020%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.39	+0.003%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0120%	1h	357.53	+0.042%	$2.0M	$1.4M	20x	as long as short
edgeX GOOGLUSDCshort	+0.0623%	4h	357.57	+0.053%	$209K	$1.2M	10x