Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0024%/8h= +2.6% APRpaid last 24h −0.034%

Price spread now: tradeXYZ against Aster−0.081%7-day average −0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs−$59as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$590.589% of the position

Long on Aster Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.045%−$4 · spread now −0.081%, 7d avg −0.090%

Together, before fees−0.045%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.090%, 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	357.11	0.0026	pay 0.0026% / 8h	1h 26m	$365K	$424K	20x
Short	tradeXYZ xyz:GOOGL	356.82	0.0050	get 0.0006% / 1h	26m 22s	$98.1M	$21.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.081%Rate

Funding earned: $4.99
Price spread: −0.081% → −0.090%: $0.93
Slippage, 4 orders: −$32.91
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$53
Costs to cover: 0.589%
Break-even: 81.4 days

Slippage from Aster: live order book, 16 min ago; tradeXYZ: live order book, 3 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	13.99 bp	22.2 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.14 bp	9.1 bp −$9	doesn't fit	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
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.60	−0.142%	$511K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	356.94	−0.047%	$13.6M	$13.0M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.87	−0.067%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.03	−0.022%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.79	−0.088%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.82	−0.082%	$23K	$447K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.94	−0.047%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.76	−0.098%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.05	−0.016%	$115K	$211K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.96	−0.042%	$2.7M	$87K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0020%	1h	356.60	−0.143%	$144K	$46K	10x	as long as short
Aster GOOGLUSDTlong	+0.0026%	8h	357.11	long leg	$365K	$424K	20x
Nado GOOGL-PERP	+0.0031%	1h	356.83	−0.078%	$549K	$92K	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.93	−0.050%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.003%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0038%	1h	356.93	−0.050%	$1.3M	$4.2M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.63	−0.134%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.10	−0.002%	—	$5K	25x	as long as short
Binance GOOGLUSDT	+0.0046%	8h	356.99	−0.033%	$72.0M	$143.8M	50x	as long as short
Extended GOOGL-USD	+0.0048%	1h	356.89	−0.061%	$423K	$1.2M	20x	as long as short
tradeXYZ xyz:GOOGLshort	+0.0050%	1h	356.82	−0.081%	$98.1M	$21.4M	20x
Polymarket Perps GOOG-USD	+0.0050%	1h	356.75	−0.100%	$684K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.79	−0.089%	$151	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.60	−0.142%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0053%	8h	356.96	−0.041%	$293	$253	5x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.69	−0.117%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.79	−0.089%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.59	−0.145%	$3.0M	$103K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.75	−0.100%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.81	−0.084%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.81	−0.084%	$25K	—	10x	as long as short
Hotstuff GOOGL-PERP	+0.0112%	1h	356.81	−0.084%	$33K	—	20x	as long as short
Lighter GOOGL	+0.0128%	1h	356.95	−0.044%	$2.0M	$1.3M	20x	as long as short
Bybit GOOGLUSDT	+0.0154%	8h	356.97	−0.039%	$11.5M	$7.9M	100x	as long as short
BloFin GOOGL-USDT	+0.0168%	8h	356.95	−0.044%	$690K	$236K	20x	as long as short
edgeX GOOGLUSDC	+0.0854%	4h	356.87	−0.068%	$208K	$1.2M	10x	as long as short