Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.033%

Price spread now: Binance against SunX+0.014%7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$108as in the Price arb table

costs, in and out, $10k−$1091.091% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.112%+$11 on $10k

Price spread, last 4 days (all we have)0.000%$0 · spread now +0.014%, 7d avg −0.001%

Together, before fees+0.112%+$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX GOOGL-USDT	357.06	0	get 0.0000% / 8h	7h 21m	$1K	$3.9M	20x
Short	Binance GOOGLUSDT	357.11	0	get 0.0000% / 8h	7h 21m	$72.3M	$142.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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 SunXbpFee BinancebpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → −0.001%: $1.55
Slippage, 4 orders: −$91.09
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$107.54
Costs to cover: 1.091%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; Binance: live order book, 7 min ago.

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 SunX live order book, 7 min ago	44.69 bp	49.2 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.14 bp	5.2 bp −$5	6.8 bp −$68	21.0 bp −$2,098	doesn't fit

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	−0.0080%	1h	356.42	−0.179%	$513K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.16	+0.028%	$367K	$423K	20x	as long as short
Extended GOOGL-USD	0.0000%	1h	357.03	−0.007%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDTshort	0.0000%	8h	357.11	+0.014%	$72.3M	$142.0M	50x
Bybit GOOGLUSDT	0.0000%	8h	357.08	+0.006%	$11.5M	$7.4M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	356.96	−0.028%	$13.5M	$13.2M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.91	−0.042%	$3.6M	$7.1M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.07	+0.003%	$17.3M	$9.7M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.77	−0.082%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.76	−0.084%	$23K	$442K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX GOOGL-USDTlong	0.0000%	8h	357.06	long leg	$1K	$3.9M	20x
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.94	−0.034%	$24K	$149K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.22	+0.045%	$115K	$209K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.01	−0.014%	$2.7M	$91K	10x	as long as short
Hotstuff GOOGL-PERP	+0.0016%	1h	356.83	−0.064%	$33K	—	20x	as long as short
BloFin GOOGL-USDT	+0.0021%	8h	357.11	+0.014%	$691K	$234K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0029%	1h	356.69	−0.105%	$144K	$44K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.04	−0.006%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.017%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	356.95	−0.031%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.84	−0.062%	$209K	$282K	10x	as long as short
Nado GOOGL-PERP	+0.0043%	1h	356.82	−0.067%	$549K	$88K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.10	+0.011%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.87	−0.053%	$98.1M	$21.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.74	−0.090%	$684K	$414K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.77	−0.081%	$125	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.76	−0.084%	$2.3M	$4.0M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0056%	8h	356.96	−0.027%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0059%	8h	356.65	−0.115%	$3.0M	$159K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.68	−0.106%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.86	−0.056%	$42K	$25K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.73	−0.092%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.99	−0.020%	$10K	$12K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.91	−0.043%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0184%	1h	357.08	+0.006%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0820%	4h	356.71	−0.099%	$208K	$1.2M	10x	as long as short