Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0039%/8h= +4.3% APRpaid last 24h −0.001%

Price spread now: Aevo against Binance−0.051%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.051% cheaper against Binance than usual: you would sell low and buy high (spread −0.051% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 4.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance GOOGLUSDT	357.82	0.0065	pay 0.0065% / 8h	5h 27m	$73.2M	$146.1M	50x
Short	Aevo GOOGL-PERP	357.64	0.0104	get 0.0013% / 1h	27m 54s	$25K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.051%Rate

Funding earned: $8.18
Price spread: −0.051% → 0.000%: −$5.07
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$22.9
Costs to cover: 0.260%
Break-even: 26.6 days

Slippage unknown: Binance: live order book, 8 min ago; Aevo: 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 Binance live order book, 8 min ago	0.14 bp	6.3 bp −$6	8.2 bp −$82	27.2 bp −$2,721	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.1600%	1h	357.47	−0.098%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0040%	1h	357.33	−0.137%	$530K	$1.2M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.71	−0.031%	$11.6M	$7.9M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.80	−0.006%	$13.5M	$13.7M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.67	−0.042%	$3.7M	$6.9M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.82	0.000%	$17.4M	$10.0M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.82	0.000%	$5.0M	$2.3M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.82	0.000%	$2K	$3.7M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.95	+0.036%	$115K	$211K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.90	+0.022%	$2.7M	$116K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0031%	1h	357.68	−0.040%	$144K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.75	−0.019%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.196%	$128K	$45K	30x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.77	−0.014%	—	$5K	25x	as long as short
Aster GOOGLUSDT	+0.0049%	8h	357.81	−0.002%	$367K	$420K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.55	−0.075%	$98.0M	$21.9M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.67	−0.042%	$685K	$426K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.55	−0.075%	$109	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.50	−0.089%	$2.3M	$4.0M	15x	as long as short
GRVT GOOGL_USDT_Perp	+0.0054%	8h	357.91	+0.025%	$12K	$467K	10x	as long as short
QFEX GOOGL-USD	+0.0060%	1h	357.72	−0.028%	$1.2M	$4.1M	10x	as long as short
Extended GOOGL-USD	+0.0064%	1h	357.70	−0.034%	$428K	$2.4M	20x	as long as short
Binance GOOGLUSDTlong	+0.0065%	8h	357.82	long leg	$73.2M	$146.1M	50x
Paradex GOOGL-USD-PERP	+0.0065%	8h	357.66	−0.044%	$293	$253	5x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.42	−0.112%	$42K	$20K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.40	−0.117%	$3.0M	$276K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.54	−0.078%	$36K	$17K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.68	−0.039%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERPshort	+0.0104%	1h	357.64	−0.051%	$25K	—	10x
Nado GOOGL-PERP	+0.0112%	1h	357.53	−0.080%	$552K	$83K	20x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.69	−0.036%	$138K	$36K	20x	as long as short
Lighter GOOGL	+0.0144%	1h	357.76	−0.017%	$2.0M	$2.2M	20x	as long as short
BloFin GOOGL-USDT	+0.0184%	8h	357.88	+0.017%	$693K	$232K	20x	as long as short
Arcus GOOGL-USD	+0.0199%	1h	357.55	−0.075%	$212K	$226K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0281%	1h	357.68	−0.039%	$29K	$151K	10x	as long as short
edgeX GOOGLUSDC	+0.0967%	4h	357.81	−0.002%	$208K	$1.2M	10x	as long as short