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 −0.031%

Price spread now: Gate against Aevo+0.027%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 Gate

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

The price spread pays, funding is against you. Gate is 0.027% dearer against Aevo than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo GOOGL-PERP	357.50	0.0104	pay 0.0013% / 1h	48m 22s	$25K	—	10x
Short	Gate GOOGL_USDT	357.60	0	get 0.0000% / 8h	7h 48m	$3.6M	$7.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.027%Rate

Funding earned: −$21.84
Price spread: +0.027% → 0.000%: $2.73
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$50.11
Costs to cover: 0.310%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Gate: 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 Aevo no order-book sample	—	—	—	—	—
Sell Gate live order book, 5 min ago	1.82 bp	15.1 bp −$15	28.1 bp −$281	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	−0.071%	$512K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.78	+0.079%	$366K	$422K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.73	+0.064%	$13.5M	$12.8M	50x	as long as short
Gate GOOGL_USDTshort	0.0000%	8h	357.60	+0.027%	$3.6M	$7.0M	100x
Bitget GOOGLUSDT	0.0000%	8h	357.77	+0.075%	$17.3M	$9.6M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.45	−0.016%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.47	−0.010%	$23K	$442K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.81	+0.086%	$1K	$3.9M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.57	+0.019%	$115K	$209K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.52	+0.005%	$2.7M	$88K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GOOGL-USD	+0.0016%	1h	357.62	+0.033%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDT	+0.0017%	8h	357.69	+0.054%	$72.2M	$141.5M	50x	as long as short
Hotstuff GOOGL-PERP	+0.0024%	1h	357.21	−0.082%	$33K	—	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0028%	1h	357.40	−0.029%	$144K	$44K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.60	+0.027%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.107%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.66	+0.044%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.44	−0.017%	$208K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.68	+0.050%	—	$5K	25x	as long as short
edgeX GOOGLUSDC	+0.0047%	4h	357.38	−0.035%	$209K	$1.2M	10x	as long as short
KuCoin GOOGLUSDTM	+0.0048%	8h	357.18	−0.090%	$3.0M	$128K	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.25	−0.071%	$685K	$415K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.43	−0.020%	$124	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.08	−0.118%	$2.3M	$4.4M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0054%	8h	357.53	+0.007%	$293	$253	5x	as long as short
Nado GOOGL-PERP	+0.0067%	1h	357.40	−0.029%	$550K	$88K	20x	as long as short
BloFin GOOGL-USDT	+0.0071%	8h	357.57	+0.019%	$688K	$234K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0084%	1h	357.48	−0.006%	$98.3M	$21.3M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.01	−0.138%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.37	−0.038%	$42K	$25K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.21	−0.082%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.57	+0.019%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERPlong	+0.0104%	1h	357.50	long leg	$25K	—	10x
Bybit GOOGLUSDT	+0.0151%	8h	357.72	+0.061%	$11.5M	$7.7M	100x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0198%	1h	357.55	+0.013%	$24K	$157K	10x	as long as short
Lighter GOOGL	+0.0248%	1h	357.67	+0.047%	$2.0M	$1.3M	20x	as long as short