Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.013%

Price spread now: Polymarket Perps against Aster−0.195%7-day average −0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$450.446% of the position

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.195%, 7d avg −0.080%

Together, before fees+0.139%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.115% cheaper against Aster than usual: you would sell low and buy high (spread −0.195% now, against its 7-day average of −0.080%). If the spread goes back, that is −$11 on $10k: about 7.6 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.001% in total) that is about years.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster GOOGLUSDT	357.82	0	get 0.0000% / 8h	7h 48m	$367K	$422K	20x
Short	Polymarket Perps GOOG-USD	357.12	0.0050	get 0.0006% / 1h	48m 56s	$685K	$415K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket 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 Polymarket PerpsbpOrdersPrice spread, now −0.195%Rate

Funding earned: $10.5
Price spread: −0.195% → −0.080%: −$11.47
Slippage, 4 orders: −$28.59
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$45.56
Costs to cover: 0.446%
Break-even: 37.4 days

Slippage from Aster: live order book, 48 min ago; Polymarket Perps: live order book, 49 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, 48 min ago	2.52 bp	23.6 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 49 min ago	2.24 bp	6.2 bp −$6	6.2 bp −$62	7.6 bp −$758	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
Coinbase International GOOGL-PERP-INTX	−0.0080%	1h	357.25	−0.159%	$512K	$1.1M	10x	as long as short
Aster GOOGLUSDTlong	0.0000%	8h	357.82	long leg	$367K	$422K	20x
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.66	−0.044%	$13.5M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.50	−0.089%	$3.6M	$7.0M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.68	−0.039%	$17.3M	$9.6M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.45	−0.104%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.47	−0.098%	$23K	$442K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.46	−0.100%	$1K	$3.9M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.26	−0.156%	$24K	$157K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.57	−0.069%	$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	−0.083%	$2.7M	$88K	10x	as long as short
Extended GOOGL-USD	+0.0016%	1h	357.53	−0.082%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDT	+0.0018%	8h	357.66	−0.045%	$72.2M	$141.5M	50x	as long as short
Hotstuff GOOGL-PERP	+0.0024%	1h	357.21	−0.170%	$33K	—	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0028%	1h	357.35	−0.131%	$144K	$44K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.52	−0.083%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.195%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.28	−0.150%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.20	−0.173%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.50	−0.089%	—	$5K	25x	as long as short
edgeX GOOGLUSDC	+0.0047%	4h	357.38	−0.123%	$209K	$1.2M	10x	as long as short
KuCoin GOOGLUSDTM	+0.0047%	8h	357.17	−0.181%	$3.0M	$128K	20x	as long as short
Polymarket Perps GOOG-USDshort	+0.0050%	1h	357.12	−0.195%	$685K	$415K	10x
SoDEX GOOGL-USD	+0.0050%	1h	357.24	−0.162%	$122	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.08	−0.206%	$2.3M	$4.4M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0054%	8h	357.33	−0.136%	$293	$253	5x	as long as short
Nado GOOGL-PERP	+0.0070%	1h	357.22	−0.167%	$549K	$88K	20x	as long as short
BloFin GOOGL-USDT	+0.0071%	8h	357.57	−0.069%	$688K	$234K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0083%	1h	357.40	−0.117%	$98.3M	$21.3M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.01	−0.226%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.05	−0.215%	$42K	$25K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.21	−0.170%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.36	−0.128%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.29	−0.147%	$25K	—	10x	as long as short
Bybit GOOGLUSDT	+0.0119%	8h	357.72	−0.027%	$11.5M	$7.7M	100x	as long as short
Lighter GOOGL	+0.0240%	1h	357.45	−0.103%	$2.0M	$1.3M	20x	as long as short