Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0102%/8h= −11.2% APRpaid last 24h +0.005%

Price spread now: Variational Omni against Aevo+0.020%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 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 airdropVariational Omni: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo GOOGL-PERP	356.88	0.0104	pay 0.0013% / 1h	20m 59s	$25K	—	10x
Short	Variational Omni GOOGL	356.95	0.0002	get 0.0002% / 8h	6h 20m	$4.8M	$2.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.020%Rate

Funding earned: −$21.42
Price spread: +0.020% → 0.000%: $1.99
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$35.42
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aevo: 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 Aevo no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 3 min ago	2.62 bp	doesn't fit	9.5 bp −$95	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 35 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
Deribit GOOGL_USDC-PERPETUAL	−0.0058%	1h	356.77	−0.030%	$23K	$154K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.57	−0.086%	$532K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0012%	1h	356.93	+0.014%	$557K	$81K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.86	−0.005%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.00	+0.034%	$16.9M	$9.3M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.89	+0.003%	$23K	$437K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.00	+0.034%	$953	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.14	+0.073%	$115K	$228K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.06	+0.051%	$2.7M	$72K	10x	as long as short
Variational Omni GOOGLshort	+0.0002%	8h	356.95	+0.020%	$4.8M	$2.4M	—

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0008%	1h	356.67	−0.059%	$144K	$51K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.07	+0.054%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.068%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	356.88	+0.001%	$1.3M	$4.5M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.70	−0.050%	$202K	$272K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.14	+0.073%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.87	−0.002%	$98.8M	$22.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.75	−0.036%	$684K	$434K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.86	−0.005%	$156	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.48	−0.111%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0059%	8h	357.01	+0.037%	$293	$253	5x	as long as short
Aster GOOGLUSDT	+0.0061%	8h	356.97	+0.024%	$365K	$458K	20x	as long as short
Lighter GOOGL	+0.0080%	1h	357.07	+0.054%	$2.1M	$1.2M	20x	as long as short
Extended GOOGL-USD	+0.0080%	1h	356.91	+0.010%	$421K	$1.8M	20x	as long as short
Binance GOOGLUSDT	+0.0082%	8h	357.01	+0.037%	$72.8M	$141.5M	50x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.83	−0.013%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.87	−0.002%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.58	−0.083%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.77	−0.030%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.91	+0.009%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERPlong	+0.0104%	1h	356.88	long leg	$25K	—	10x
Bybit GOOGLUSDT	+0.0118%	8h	357.01	+0.037%	$11.6M	$7.4M	100x	as long as short
OKX GOOGL-USDT-SWAP	+0.0175%	8h	356.96	+0.023%	$13.8M	$12.7M	50x	as long as short
Hotstuff GOOGL-PERP	+0.0192%	1h	356.86	−0.005%	$33K	—	20x	as long as short
edgeX GOOGLUSDC	+0.0776%	4h	356.83	−0.014%	$208K	$1.2M	10x	as long as short