Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.015%

Price spread now: GRVT against Aevo+0.046%49s7-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 GRVT

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 airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT is 0.046% dearer against Aevo than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 35 hours. The two prices were read 49 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	Aevo GOOGL-PERP	357.02	0.0104	pay 0.0013% / 1h	55m 41s	$25K	—	10x
Short	GRVT GOOGL_USDT_Perp	357.18	0	get 0.0000% / 8h	1h 55m	$23K	$444K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$21.84
Price spread: +0.046% → 0.000%: $4.58
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$42.26
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; GRVT: live order book, 52 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 GRVT live order book, 52 min ago	1.40 bp	7.8 bp −$8	10.1 bp −$101	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	−0.0024%	1h	356.88	−0.038%	$519K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0001%	1h	356.93	−0.025%	$557K	$86K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.12	+0.029%	$13.7M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.02	+0.001%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.26	+0.068%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.09	+0.021%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perpshort	0.0000%	8h	357.18	+0.046%	$23K	$444K	10x
SunX GOOGL-USDT	0.0000%	8h	357.16	+0.040%	$2K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.87	−0.041%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.25	+0.065%	$115K	$212K	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	357.30	+0.079%	$2.7M	$87K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0023%	1h	357.22	+0.057%	$145K	$46K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.09	+0.020%	$1.4M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.029%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0038%	1h	357.09	+0.020%	$1.2M	$4.2M	10x	as long as short
Aster GOOGLUSDT	+0.0040%	8h	357.27	+0.070%	$365K	$424K	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.93	−0.024%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.24	+0.063%	—	$5K	25x	as long as short
Hotstuff GOOGL-PERP	+0.0048%	1h	356.99	−0.008%	$33K	—	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.88	−0.038%	$98.1M	$21.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.96	−0.016%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.89	−0.036%	$157	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.86	−0.044%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0056%	8h	357.06	+0.013%	$293	$253	5x	as long as short
Binance GOOGLUSDT	+0.0061%	8h	357.14	+0.036%	$72.1M	$143.6M	50x	as long as short
Extended GOOGL-USD	+0.0064%	1h	357.06	+0.011%	$422K	$1.2M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.89	−0.034%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.70	−0.089%	$3.0M	$107K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.00	−0.005%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.96	−0.016%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERPlong	+0.0104%	1h	357.02	long leg	$25K	—	10x
Phoenix GOOGL	+0.0134%	1h	357.09	+0.020%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0176%	1h	357.11	+0.026%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0181%	8h	357.29	+0.077%	$689K	$236K	20x	as long as short
Bybit GOOGLUSDT	+0.0185%	8h	357.15	+0.037%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0802%	4h	357.22	+0.057%	$208K	$1.2M	10x	as long as short