Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.022%

Price spread now: Variational Omni against Vest+0.055%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Variational Omni

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 · Variational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.055% dearer against Vest than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest GOOGL-USD-PERP	356.28	0.0046	pay 0.0006% / 1h	21m 32s	—	$5K	25x
Short	Variational Omni GOOGL	356.48	0.0049	get 0.0049% / 8h	7h 21m	$4.8M	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.055%Rate

Funding earned: $0.61
Price spread: +0.055% → 0.000%: $5.51
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $4.12
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 3 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 Variational Omni RFQ quote, 3 min ago	2.62 bp	doesn't fit	10.6 bp −$106	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
Hotstuff GOOGL-PERP	−0.0016%	1h	356.08	−0.056%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.21	−0.020%	$3.6M	$7.5M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.53	+0.070%	$23K	$452K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.28	0.000%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.06	−0.062%	$23K	$153K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.35	+0.020%	$114K	$226K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.45	+0.048%	$2.7M	$66K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0014%	1h	356.13	−0.041%	$144K	$52K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.31	+0.008%	$1.4M	$2.3M	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0032%	1h	355.85	−0.121%	$528K	$1.1M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.236%	$128K	$45K	30x	as long as short
Lighter GOOGL	+0.0040%	1h	356.24	−0.011%	$2.1M	$1.1M	20x	as long as short
Vest GOOGL-USD-PERPlong	+0.0046%	1h	356.28	long leg	—	$5K	25x
Nado GOOGL-PERP	+0.0047%	1h	356.09	−0.054%	$555K	$80K	20x	as long as short
Variational Omni GOOGLshort	+0.0049%	8h	356.48	+0.055%	$4.8M	$2.3M	—
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.08	−0.056%	$98.2M	$22.2M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.07	−0.059%	$683K	$441K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.10	−0.051%	$177	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	355.90	−0.107%	$2.2M	$4.8M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	356.19	−0.025%	$1.3M	$4.7M	10x	as long as short
Bitget GOOGLUSDT	+0.0069%	8h	356.42	+0.039%	$17.0M	$9.2M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0075%	8h	356.22	−0.018%	$292	$253	5x	as long as short
Aster GOOGLUSDT	+0.0089%	8h	356.41	+0.036%	$364K	$458K	20x	as long as short
Bybit GOOGLUSDT	+0.0094%	8h	356.36	+0.022%	$11.5M	$7.7M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.04	−0.068%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	355.91	−0.104%	$3.0M	$64K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.09	−0.053%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.13	−0.042%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.15	−0.037%	$25K	—	10x	as long as short
Binance GOOGLUSDT	+0.0110%	8h	356.30	+0.006%	$72.8M	$142.0M	50x	as long as short
Extended GOOGL-USD	+0.0112%	1h	356.22	−0.017%	$421K	$1.8M	20x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.09	−0.053%	$137K	$48K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0190%	8h	356.37	+0.025%	$13.8M	$12.7M	50x	as long as short
BloFin GOOGL-USDT	+0.0233%	8h	356.31	+0.008%	$690K	$234K	20x	as long as short
Arcus GOOGL-USD	+0.0306%	1h	356.14	−0.039%	$202K	$271K	10x	as long as short
edgeX GOOGLUSDC	+0.0908%	4h	356.25	−0.007%	$209K	$1.2M	10x	as long as short