Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.003%

Price spread now: Aster against Aevo+0.074%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.074% dearer against Aevo than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo GOOGL-PERP	357.33	0.0104	pay 0.0013% / 1h	51m 18s	$25K	—	10x
Short	Aster GOOGLUSDT	357.59	0	get 0.0000% / 8h	7h 51m	$366K	$422K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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 AevobpFee AsterbpOrdersPrice spread, now +0.074%Rate

Funding earned: −$21.84
Price spread: +0.074% → 0.000%: $7.42
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: −$38.42
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Aster: live order book, 46 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 Aevo no order-book sample	—	—	—	—	—
Sell Aster live order book, 46 min ago	2.52 bp	7.6 bp −$8	11.2 bp −$112	doesn't fit	doesn't fit

Aevo: 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	−0.0080%	1h	357.25	−0.022%	$512K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0040%	1h	357.28	−0.013%	$33K	—	20x	as long as short
Aster GOOGLUSDTshort	0.0000%	8h	357.59	+0.074%	$366K	$422K	20x
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.50	+0.048%	$13.5M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.35	+0.006%	$3.6M	$7.0M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.56	+0.065%	$17.3M	$9.6M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.23	−0.029%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.47	+0.039%	$23K	$442K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.50	+0.048%	$2K	$3.9M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.61	+0.079%	$115K	$209K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex GOOGLUSDT	0.0000%	4h	357.60	+0.076%	$2.7M	$88K	10x	as long as short
Extended GOOGL-USD	+0.0016%	1h	357.41	+0.023%	$427K	$2.5M	20x	as long as short
Binance GOOGLUSDT	+0.0018%	8h	357.50	+0.048%	$72.1M	$141.5M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0028%	1h	357.44	+0.032%	$144K	$44K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.36	+0.009%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.058%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.42	+0.026%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.22	−0.030%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.44	+0.031%	—	$5K	25x	as long as short
edgeX GOOGLUSDC	+0.0047%	4h	357.38	+0.013%	$209K	$1.2M	10x	as long as short
KuCoin GOOGLUSDTM	+0.0047%	8h	357.01	−0.089%	$3.0M	$126K	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.13	−0.055%	$685K	$415K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.33	+0.001%	$124	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.20	−0.036%	$2.3M	$4.4M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0053%	8h	357.33	+0.002%	$293	$253	5x	as long as short
Nado GOOGL-PERP	+0.0070%	1h	357.18	−0.041%	$549K	$88K	20x	as long as short
BloFin GOOGL-USDT	+0.0072%	8h	357.51	+0.051%	$689K	$234K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0086%	1h	357.30	−0.008%	$98.3M	$21.2M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.01	−0.089%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.10	−0.064%	$42K	$25K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.21	−0.033%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.38	+0.015%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERPlong	+0.0104%	1h	357.33	long leg	$25K	—	10x
Bybit GOOGLUSDT	+0.0112%	8h	357.55	+0.062%	$11.5M	$7.7M	100x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0170%	1h	357.37	+0.012%	$24K	$157K	10x	as long as short
Lighter GOOGL	+0.0232%	1h	357.48	+0.043%	$2.0M	$1.3M	20x	as long as short