Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0070%/8h= +7.6% APRpaid last 24h +0.013%

Price spread now: Orderly against Aftermath Perps−0.018%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 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	357.48	0.0030	pay 0.0004% / 1h	38m 11s	$144K	$44K	10x
Short	Orderly PERP_GOOGL_USDC	357.42	0.0100	get 0.0100% / 8h	7h 38m	$10K	$11K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.018%Rate

Funding earned: $14.67
Price spread: −0.018% → 0.000%: −$1.77
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$2.1
Costs to cover: 0.150%
Break-even: 8.0 days

Slippage unknown: Aftermath Perps: live order book, 61 min ago; Orderly: no order-book sample. 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 Aftermath Perps live order book, 61 min ago	8.66 bp	13.2 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	357.34	−0.040%	$518K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.61	+0.035%	$366K	$422K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.46	−0.006%	$13.5M	$12.9M	50x	as long as short
Hotstuff GOOGL-PERP	0.0000%	1h	357.27	−0.060%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.40	−0.023%	$3.6M	$7.1M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.57	+0.024%	$17.3M	$9.6M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.24	−0.069%	$4.8M	$2.4M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.59	+0.030%	$1K	$3.9M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.31	−0.048%	$24K	$153K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.60	+0.033%	$115K	$209K	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	357.52	+0.010%	$2.7M	$91K	10x	as long as short
Binance GOOGLUSDT	+0.0022%	8h	357.49	+0.002%	$72.2M	$141.3M	50x	as long as short
Extended GOOGL-USD	+0.0024%	1h	357.40	−0.023%	$424K	$2.5M	20x	as long as short
Aftermath Perps GOOGLUSDlong	+0.0030%	1h	357.48	long leg	$144K	$44K	10x
GRVT GOOGL_USDT_Perp	+0.0031%	8h	357.73	+0.069%	$23K	$427K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.41	−0.020%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.102%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.42	−0.018%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.29	−0.054%	$209K	$280K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.57	+0.024%	—	$5K	25x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.38	−0.029%	$686K	$415K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.30	−0.051%	$115	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.19	−0.082%	$2.3M	$4.2M	15x	as long as short
tradeXYZ xyz:GOOGL	+0.0054%	1h	357.28	−0.057%	$98.3M	$21.3M	20x	as long as short
KuCoin GOOGLUSDTM	+0.0057%	8h	357.13	−0.099%	$3.0M	$141K	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0058%	8h	357.44	−0.012%	$293	$253	5x	as long as short
Nado GOOGL-PERP	+0.0067%	1h	357.32	−0.047%	$549K	$88K	20x	as long as short
BloFin GOOGL-USDT	+0.0084%	8h	357.61	+0.035%	$686K	$234K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.07	−0.116%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.19	−0.083%	$42K	$26K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.10	−0.107%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDCshort	+0.0100%	8h	357.42	−0.018%	$10K	$11K	20x
Aevo GOOGL-PERP	+0.0104%	1h	357.32	−0.047%	$25K	—	10x	as long as short
Bybit GOOGLUSDT	+0.0111%	8h	357.50	+0.005%	$11.5M	$7.7M	100x	as long as short
Lighter GOOGL	+0.0232%	1h	357.45	−0.009%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0489%	4h	357.33	−0.042%	$208K	$1.2M	10x	as long as short