Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.4% APRpaid last 24h +0.052%

Price spread now: OKX against Vest−0.008%48s7-day average — · you buy dearer than you sell

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

Long on Vest Short on OKX

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 airdropVest: 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: +$2 a day on $10k at the current rate. The two prices were read 48 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	Vest GOOGL-USD-PERP	357.72	0.0046	pay 0.0006% / 1h	33m 45s	—	$5K	25x
Short	OKX GOOGL-USDT-SWAP	357.69	0.0113	get 0.0113% / 8h	4h 33m	$13.8M	$12.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Vest. 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 VestbpFee OKXbpOrdersPrice spread, now −0.008%Rate

Funding earned: $14.11
Price spread: −0.008% → 0.000%: −$0.84
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee OKX: 5 bp × 2 orders: −$10
Net: $1.27
Costs to cover: 0.120%
Break-even: 6.4 days

Slippage unknown: Vest: no order-book sample; OKX: live order book, 5 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 Vest no order-book sample	—	—	—	—	—
Sell OKX live order book, 5 min ago	0.14 bp	5.8 bp −$6	10.0 bp −$100	doesn't fit	doesn't fit

Vest: 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	357.54	−0.050%	$526K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.63	−0.025%	$3.6M	$7.4M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.72	+0.001%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.79	+0.020%	$23K	$435K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.75	+0.008%	$2K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.49	−0.064%	$24K	$155K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.87	+0.042%	$115K	$221K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.83	+0.031%	$2.7M	$86K	10x	as long as short
Bitget GOOGLUSDT	+0.0003%	8h	357.77	+0.014%	$17.5M	$9.6M	100x	as long as short
Aftermath Perps GOOGLUSD	+0.0014%	1h	357.61	−0.030%	$144K	$49K	10x	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	357.77	+0.014%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.168%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.44	−0.078%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERPlong	+0.0046%	1h	357.72	long leg	—	$5K	25x
QFEX GOOGL-USD	+0.0050%	1h	357.66	−0.017%	$1.3M	$4.2M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.51	−0.059%	$99.0M	$20.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.49	−0.064%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.51	−0.059%	$151	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.40	−0.089%	$2.3M	$4.9M	15x	as long as short
Hotstuff GOOGL-PERP	+0.0056%	1h	357.55	−0.048%	$33K	—	20x	as long as short
Aster GOOGLUSDT	+0.0059%	8h	357.88	+0.044%	$366K	$457K	20x	as long as short
Binance GOOGLUSDT	+0.0079%	8h	357.74	+0.006%	$73.1M	$141.3M	50x	as long as short
Extended GOOGL-USD	+0.0080%	1h	357.66	−0.017%	$426K	$1.8M	20x	as long as short
Nado GOOGL-PERP	+0.0092%	1h	357.49	−0.063%	$558K	$80K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.47	−0.070%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.32	−0.112%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.48	−0.067%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.47	−0.070%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.61	−0.031%	$25K	—	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0106%	8h	357.67	−0.014%	$293	$253	5x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.58	−0.039%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAPshort	+0.0113%	8h	357.69	−0.008%	$13.8M	$12.4M	50x
Bybit GOOGLUSDT	+0.0188%	8h	357.82	+0.028%	$12.0M	$7.6M	100x	as long as short
BloFin GOOGL-USDT	+0.0197%	8h	357.74	+0.006%	$695K	$234K	20x	as long as short
Lighter GOOGL	+0.0288%	1h	357.76	+0.011%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0572%	4h	357.70	−0.006%	$209K	$1.2M	10x	as long as short