Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0091%/8h= +10.0% APRpaid last 24h +0.073%

Price spread now: BloFin against Aftermath Perps+0.044%7-day average +0.062% · 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−$43as in the Price arb table

costs, in and out, $10k−$420.416% of the position

Long on Aftermath Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.194%+$19 on $10k

Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.044%, 7d avg +0.062%

Together, before fees+0.233%+$23 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.062%, 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	Aftermath Perps GOOGLUSD	357.37	0.0022	pay 0.0003% / 1h	18m 49s	$144K	$45K	10x
Short	BloFin GOOGL-USDT	357.53	0.0114	get 0.0114% / 8h	18m 49s	$689K	$236K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.044%Rate

Funding earned: $19.13
Price spread: +0.044% → +0.062%: −$1.73
Slippage, 4 orders: −$20.62
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$24.23
Costs to cover: 0.416%
Break-even: 15.9 days

Slippage from Aftermath Perps: live order book, 20 min ago; BloFin: live order book, 63 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, 20 min ago	8.66 bp	13.2 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 63 min ago	0.70 bp	7.3 bp −$7	8.7 bp −$87	16.8 bp −$1,677	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
Deribit GOOGL_USDC-PERPETUAL	−0.0058%	1h	357.24	−0.037%	$24K	$157K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0048%	1h	357.09	−0.079%	$512K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0006%	1h	357.39	+0.006%	$550K	$88K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.50	+0.036%	$13.6M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.38	+0.002%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.65	+0.078%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.51	+0.039%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.54	+0.047%	$23K	$450K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.59	+0.061%	$1K	$4.0M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.68	+0.086%	$115K	$210K	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	357.60	+0.064%	$2.7M	$88K	10x	as long as short
Aster GOOGLUSDT	+0.0006%	8h	357.66	+0.082%	$366K	$422K	20x	as long as short
Aftermath Perps GOOGLUSDlong	+0.0022%	1h	357.37	long leg	$144K	$45K	10x
Binance GOOGLUSDT	+0.0028%	8h	357.57	+0.056%	$72.1M	$143.3M	50x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.50	+0.036%	$1.4M	$1.9M	20x	as long as short
Extended GOOGL-USD	+0.0032%	1h	357.48	+0.031%	$427K	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.071%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0035%	1h	357.47	+0.027%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.26	−0.031%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.65	+0.078%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.33	−0.012%	$98.2M	$21.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.28	−0.026%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.34	−0.009%	$135	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.11	−0.073%	$2.3M	$4.6M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0051%	8h	357.52	+0.040%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0053%	8h	357.05	−0.090%	$3.0M	$105K	20x	as long as short
Bybit GOOGLUSDT	+0.0087%	8h	357.54	+0.047%	$11.5M	$7.9M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.28	−0.027%	$42K	$26K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.29	−0.023%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.40	+0.008%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.41	+0.010%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0112%	1h	357.56	+0.053%	$2.0M	$1.4M	20x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.25	−0.034%	$137K	$36K	20x	as long as short
BloFin GOOGL-USDTshort	+0.0114%	8h	357.53	+0.044%	$689K	$236K	20x
Hotstuff GOOGL-PERP	+0.0144%	1h	357.34	−0.009%	$33K	—	20x	as long as short
edgeX GOOGLUSDC	+0.0435%	4h	357.34	−0.008%	$208K	$1.2M	10x	as long as short