Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.017%

Price spread now: Aster against Arcus+0.050%7-day average +0.073% · 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−$53as in the Price arb table

costs, in and out, $10k−$500.505% of the position

Long on Arcus Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.042%−$4 on $10k

Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.050%, 7d avg +0.073%

Together, before fees−0.032%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.023% cheaper against Arcus than usual: you would sell low and buy high (spread +0.050% now, against its 7-day average of +0.073%). If the spread goes back, that is −$2 on $10k: about 46 hours of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus GOOGL-USD	357.35	0.0040	pay 0.0005% / 1h	2m 26s	$207K	$279K	10x
Short	Aster GOOGLUSDT	357.53	0.0080	get 0.0080% / 8h	3h 02m	$366K	$426K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Arcus. 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 ArcusbpFee AsterbpOrdersPrice spread, now +0.050%Rate

Funding earned: $8.37
Price spread: +0.050% → +0.073%: −$2.29
Slippage, 4 orders: −$37.96
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$44.38
Costs to cover: 0.505%
Break-even: 44.1 days

Slippage from Arcus: live order book, 51 min ago; Aster: live order book, 50 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 Arcus live order book, 51 min ago	1.12 bp	7.0 bp −$7	16.6 bp −$166	doesn't fit	doesn't fit
Sell Aster live order book, 50 min ago	3.08 bp	9.5 bp −$10	11.7 bp −$117	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	357.45	+0.028%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.65	+0.084%	$17.5M	$9.7M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.62	+0.076%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.40	+0.014%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.44	+0.025%	$115K	$216K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.68	+0.092%	$2.7M	$87K	10x	as long as short
Nado GOOGL-PERP	+0.0005%	1h	357.46	+0.032%	$558K	$86K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.67	+0.090%	$522K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0022%	1h	357.52	+0.047%	$144K	$47K	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0023%	8h	357.66	+0.087%	$24K	$442K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GOOGL	+0.0029%	8h	357.57	+0.062%	$4.8M	$2.4M	—	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.56	+0.059%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.064%	$128K	$45K	30x	as long as short
Arcus GOOGL-USDlong	+0.0040%	1h	357.35	long leg	$207K	$279K	10x
Vest GOOGL-USD-PERP	+0.0046%	1h	357.72	+0.104%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.40	+0.014%	$99.2M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.39	+0.011%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.41	+0.017%	$155	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.18	−0.048%	$2.3M	$4.9M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.52	+0.048%	$1.3M	$4.2M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0064%	8h	357.59	+0.066%	$293	$253	5x	as long as short
OKX GOOGL-USDT-SWAP	+0.0065%	8h	357.53	+0.050%	$13.7M	$12.5M	50x	as long as short
Aster GOOGLUSDTshort	+0.0080%	8h	357.53	+0.050%	$366K	$426K	20x
Binance GOOGLUSDT	+0.0099%	8h	357.59	+0.067%	$72.3M	$142.9M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.43	+0.022%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.50	+0.042%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.44	+0.025%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.49	+0.039%	$10K	$11K	20x	as long as short
Extended GOOGL-USD	+0.0104%	1h	357.49	+0.038%	$419K	$1.2M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.49	+0.039%	$25K	—	10x	as long as short
edgeX GOOGLUSDC	+0.0117%	4h	357.55	+0.055%	$208K	$1.2M	10x	as long as short
Hotstuff GOOGL-PERP	+0.0144%	1h	357.42	+0.020%	$33K	—	20x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.50	+0.042%	$138K	$36K	20x	as long as short
Lighter GOOGL	+0.0184%	1h	357.58	+0.064%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0221%	8h	357.61	+0.073%	$693K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0236%	8h	357.69	+0.095%	$12.0M	$7.5M	100x	as long as short