Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.013%

Price spread now: Ondo Perps against Aster−0.036%7-day average −0.107% · you buy dearer than you sell

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

Long on Aster Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.098%−$10 · spread now −0.036%, 7d avg −0.107%

Together, before fees−0.105%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Ondo Perps is 0.071% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.107%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster GOOGLUSDT	357.32	0.0029	pay 0.0029% / 8h	4h 48m	$367K	$420K	20x
Short	Ondo Perps GOOGL-USD.P	357.19	0.0050	get 0.0006% / 1h	48m 28s	$2.3M	$3.9M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.036%Rate

Funding earned: $4.48
Price spread: −0.036% → −0.107%: $7.06
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$1.46
Costs to cover: 0.130%
Break-even: 9.3 days

Slippage unknown: Aster: live order book, 57 min ago; Ondo Perps: 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 Aster live order book, 57 min ago	2.51 bp	27.9 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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 exchanges

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
Hotstuff GOOGL-PERP	−0.0072%	1h	357.34	+0.006%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0016%	1h	357.07	−0.070%	$529K	$1.2M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.25	−0.019%	$11.6M	$7.8M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.26	−0.017%	$13.4M	$13.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.13	−0.053%	$3.7M	$6.3M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.33	+0.003%	$17.4M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.44	+0.034%	$4.9M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.51	+0.053%	$12K	$463K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.16	−0.045%	$1K	$3.6M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.91	−0.114%	$29K	$150K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX GOOGL-USDT	0.0000%	8h	357.25	−0.019%	$115K	$212K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.44	+0.034%	$2.7M	$116K	10x	as long as short
Aster GOOGLUSDTlong	+0.0029%	8h	357.32	long leg	$367K	$420K	20x
Lighter RH GOOGL	+0.0032%	1h	357.27	−0.014%	$1.4M	$1.9M	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0032%	1h	357.16	−0.044%	$144K	$41K	10x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.056%	$128K	$45K	30x	as long as short
Nado GOOGL-PERP	+0.0038%	1h	357.03	−0.082%	$550K	$86K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.26	−0.017%	—	$5K	25x	as long as short
Binance GOOGLUSDT	+0.0046%	8h	357.24	−0.022%	$72.9M	$146.0M	50x	as long as short
Extended GOOGL-USD	+0.0048%	1h	357.12	−0.056%	$428K	$2.9M	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.99	−0.092%	$97.9M	$21.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.09	−0.064%	$719K	$523K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.96	−0.100%	$103	$46K	10x	as long as short
Ondo Perps GOOGL-USD.Pshort	+0.0050%	1h	357.19	−0.036%	$2.3M	$3.9M	15x
Paradex GOOGL-USD-PERP	+0.0058%	8h	357.12	−0.057%	$293	$253	5x	as long as short
QFEX GOOGL-USD	+0.0066%	1h	357.17	−0.042%	$1.3M	$4.0M	10x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.90	−0.119%	$42K	$17K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.03	−0.081%	$3.0M	$322K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.27	−0.014%	$36K	$17K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.06	−0.073%	$10K	$11K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	357.21	−0.031%	$2.0M	$2.2M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.09	−0.065%	$25K	—	10x	as long as short
BloFin GOOGL-USDT	+0.0169%	8h	357.20	−0.033%	$691K	$230K	20x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.26	−0.017%	$137K	$60K	20x	as long as short
Arcus GOOGL-USD	+0.0303%	1h	357.02	−0.084%	$212K	$217K	10x	as long as short
edgeX GOOGLUSDC	+0.0526%	4h	357.47	+0.043%	$208K	$1.2M	10x	as long as short