Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0024%/8h= +2.7% APRpaid last 24h +0.003%

Price spread now: Extended against Aster−0.049%7-day average −0.038% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$370.370% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.010%+$1 on $10k

Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.049%, 7d avg −0.038%

Together, before fees−0.044%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster GOOGLUSDT	356.68	0.0112	pay 0.0112% / 8h	7h 56m	$365K	$457K	20x
Short	Extended GOOGL-USD	356.50	0.0136	get 0.0017% / 1h	56m 22s	$422K	$1.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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 AsterbpFee ExtendedbpOrdersPrice spread, now −0.049%Rate

Funding earned: $5.12
Price spread: −0.049% → −0.038%: −$1.13
Slippage, 4 orders: −$23.99
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$33
Costs to cover: 0.370%
Break-even: 52.2 days

Slippage from Aster: live order book, 16 min ago; Extended: live order book, 2 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 Aster live order book, 16 min ago	2.94 bp	22.4 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.14 bp	3.5 bp −$4	10.1 bp −$101	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	356.50	−0.050%	$3.6M	$7.5M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.67	−0.002%	$1K	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.74	+0.017%	$115K	$224K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.68	0.000%	$2.7M	$66K	10x	as long as short
Hotstuff GOOGL-PERP	+0.0008%	1h	356.33	−0.098%	$33K	—	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0019%	1h	356.38	−0.085%	$144K	$53K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0031%	1h	356.35	−0.092%	$22K	$152K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.53	−0.042%	$1.4M	$2.3M	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0032%	1h	356.24	−0.123%	$530K	$1.1M	10x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.124%	$128K	$45K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GOOGL_USDT_Perp	+0.0042%	8h	356.64	−0.011%	$23K	$471K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.53	−0.042%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.28	−0.112%	$98.2M	$25.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.42	−0.073%	$683K	$437K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.25	−0.120%	$180	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.20	−0.134%	$2.3M	$4.9M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	356.55	−0.036%	$1.3M	$4.9M	10x	as long as short
Variational Omni GOOGL	+0.0064%	8h	356.63	−0.015%	$4.8M	$2.7M	—	as long as short
Pacifica GOOGL	+0.0100%	1h	356.28	−0.113%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.20	−0.134%	$3.0M	$66K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.42	−0.073%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.47	−0.059%	$10K	$10K	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0102%	8h	356.57	−0.030%	$292	$253	5x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.39	−0.081%	$25K	—	10x	as long as short
Aster GOOGLUSDTlong	+0.0112%	8h	356.68	long leg	$365K	$457K	20x
Binance GOOGLUSDT	+0.0132%	8h	356.55	−0.036%	$73.1M	$142.8M	50x	as long as short
Extended GOOGL-USDshort	+0.0136%	1h	356.50	−0.049%	$422K	$1.6M	20x
Bitget GOOGLUSDT	+0.0142%	8h	356.65	−0.008%	$16.9M	$9.1M	100x	as long as short
Nado GOOGL-PERP	+0.0145%	1h	356.32	−0.101%	$560K	$81K	20x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.32	−0.101%	$137K	$48K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0199%	8h	356.60	−0.022%	$13.8M	$12.9M	50x	as long as short
Lighter GOOGL	+0.0200%	1h	356.50	−0.050%	$2.1M	$1.1M	20x	as long as short
BloFin GOOGL-USDT	+0.0252%	8h	356.55	−0.036%	$688K	$235K	20x	as long as short
Arcus GOOGL-USD	+0.0306%	1h	356.45	−0.064%	$202K	$271K	10x	as long as short
Bybit GOOGLUSDT	+0.0351%	8h	356.61	−0.019%	$11.5M	$7.7M	100x	as long as short
edgeX GOOGLUSDC	+0.0706%	4h	356.60	−0.021%	$210K	$1.2M	10x	as long as short