Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0058%/8h= +6.4% APRpaid last 24h +0.034%

Price spread now: Aster against Aftermath Perps+0.009%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$630.634% of the position

Long on Aftermath Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.075%+$8 on $10k

Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.009%, 7d avg +0.063%

Together, before fees+0.081%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.054% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread +0.009% now, against its 7-day average of +0.063%). If the spread goes back, that is −$5 on $10k: about 3.1 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps GOOGLUSD	357.72	0.0027	pay 0.0003% / 1h	55m 07s	$144K	$48K	10x
Short	Aster GOOGLUSDT	357.75	0.0086	get 0.0086% / 8h	3h 55m	$366K	$426K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aftermath Perps. 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 Aftermath PerpsbpFee AsterbpOrdersPrice spread, now +0.009%Rate

Funding earned: $12.26
Price spread: +0.009% → +0.063%: −$5.39
Slippage, 4 orders: −$46.36
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$56.49
Costs to cover: 0.634%
Break-even: 39.2 days

Slippage from Aftermath Perps: live order book, 64 min ago; Aster: live order book, 62 min ago.

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 Aftermath Perps live order book, 64 min ago	2.63 bp	19.9 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 62 min ago	2.37 bp	9.3 bp −$9	10.8 bp −$108	doesn't fit	doesn't fit

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
Gate GOOGL_USDT	0.0000%	8h	357.46	−0.073%	$3.6M	$7.3M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.68	−0.011%	$17.4M	$9.6M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.61	−0.031%	$308	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.72	0.000%	$115K	$220K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.71	−0.003%	$2.7M	$86K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.36	−0.101%	$524K	$1.1M	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0025%	8h	357.65	−0.020%	$23K	$432K	10x	as long as short
Variational Omni GOOGL	+0.0025%	8h	357.62	−0.027%	$4.8M	$2.3M	—	as long as short
Aftermath Perps GOOGLUSDlong	+0.0027%	1h	357.72	long leg	$144K	$48K	10x
Lighter RH GOOGL	+0.0032%	1h	357.62	−0.028%	$1.3M	$2.1M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.168%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.37	−0.098%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.55	−0.048%	—	$5K	25x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.38	−0.095%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.40	−0.090%	$144	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.31	−0.115%	$2.3M	$4.8M	15x	as long as short
Hotstuff GOOGL-PERP	+0.0056%	1h	357.39	−0.092%	$33K	—	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0058%	1h	357.36	−0.101%	$24K	$155K	10x	as long as short
Nado GOOGL-PERP	+0.0063%	1h	357.31	−0.115%	$557K	$80K	20x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.56	−0.045%	$1.3M	$4.2M	10x	as long as short
Aster GOOGLUSDTshort	+0.0086%	8h	357.75	+0.009%	$366K	$426K	20x
tradeXYZ xyz:GOOGL	+0.0099%	1h	357.39	−0.092%	$99.1M	$20.5M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.60	−0.035%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.21	−0.143%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.38	−0.095%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.45	−0.076%	$10K	$10K	20x	as long as short
Extended GOOGL-USD	+0.0104%	1h	357.52	−0.056%	$423K	$1.8M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.50	−0.061%	$25K	—	10x	as long as short
Binance GOOGLUSDT	+0.0105%	8h	357.63	−0.025%	$72.7M	$141.2M	50x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.49	−0.064%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0115%	8h	357.62	−0.028%	$13.8M	$12.4M	50x	as long as short
Paradex GOOGL-USD-PERP	+0.0115%	8h	357.51	−0.059%	$293	$253	5x	as long as short
BloFin GOOGL-USDT	+0.0225%	8h	357.68	−0.011%	$696K	$234K	20x	as long as short
Bybit GOOGLUSDT	+0.0239%	8h	357.71	−0.003%	$12.0M	$7.5M	100x	as long as short
Lighter GOOGL	+0.0320%	1h	357.62	−0.028%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0716%	4h	357.64	−0.023%	$209K	$1.2M	10x	as long as short