Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.5% APRpaid last 24h +0.025%

Price spread now: Bybit against Aevo+0.050%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 Bybit

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—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.050% dearer against Aevo 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).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo GOOGL-PERP	357.65	0.0104	pay 0.0013% / 1h	42m 42s	$25K	—	10x
Short	Bybit GOOGLUSDT	357.83	0.0172	get 0.0172% / 8h	4h 42m	$12.0M	$7.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.050%Rate

Funding earned: $14.38
Price spread: +0.050% → 0.000%: $5
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$7.62
Costs to cover: 0.270%
Break-even: 10.7 days

Slippage unknown: Aevo: no order-book sample; Bybit: live order book, 6 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 Bybit live order book, 6 min ago	0.14 bp	8.0 bp −$8	11.9 bp −$119	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	−0.0048%	1h	357.54	−0.031%	$526K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.67	+0.005%	$3.6M	$7.4M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.71	+0.016%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.78	+0.036%	$23K	$437K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.82	+0.047%	$2K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.94	+0.081%	$115K	$221K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.84	+0.053%	$2.7M	$86K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0002%	1h	357.51	−0.039%	$24K	$155K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0011%	1h	357.63	−0.006%	$144K	$49K	10x	as long as short
Bitget GOOGLUSDT	+0.0024%	8h	357.80	+0.042%	$17.5M	$9.6M	100x	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	+0.033%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.149%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.52	−0.037%	$208K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.74	+0.025%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0050%	1h	357.67	+0.005%	$1.3M	$4.3M	10x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.55	−0.028%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.55	−0.028%	$157	$46K	10x	as long as short
Aster GOOGLUSDT	+0.0050%	8h	357.89	+0.068%	$366K	$457K	20x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.28	−0.104%	$2.3M	$4.9M	15x	as long as short
tradeXYZ xyz:GOOGL	+0.0065%	1h	357.54	−0.031%	$99.1M	$20.7M	20x	as long as short
Binance GOOGLUSDT	+0.0071%	8h	357.79	+0.038%	$73.1M	$141.3M	50x	as long as short
Extended GOOGL-USD	+0.0072%	1h	357.71	+0.015%	$426K	$1.8M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.47	−0.050%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.34	−0.087%	$3.0M	$90K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.40	−0.070%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.62	−0.009%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERPlong	+0.0104%	1h	357.65	long leg	$25K	—	10x
Paradex GOOGL-USD-PERP	+0.0104%	8h	357.67	+0.005%	$293	$253	5x	as long as short
Nado GOOGL-PERP	+0.0105%	1h	357.47	−0.051%	$558K	$80K	20x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.51	−0.039%	$138K	$36K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0112%	1h	357.54	−0.031%	$33K	—	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0116%	8h	357.78	+0.036%	$13.8M	$12.4M	50x	as long as short
Bybit GOOGLUSDTshort	+0.0172%	8h	357.83	+0.050%	$12.0M	$7.6M	100x
BloFin GOOGL-USDT	+0.0190%	8h	357.79	+0.039%	$698K	$234K	20x	as long as short
Lighter GOOGL	+0.0304%	1h	357.76	+0.030%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0712%	4h	357.73	+0.022%	$209K	$1.2M	10x	as long as short