Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.003%

Price spread now: Aevo against Bitget−0.060%7-day average — · you buy dearer than you sell

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

Long on Bitget 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 0.060% cheaper against Bitget than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 46 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GOOGLUSDT	357.68	0	get 0.0000% / 8h	3h 54m	$17.4M	$9.6M	100x
Short	Aevo GOOGL-PERP	357.46	0.0104	get 0.0013% / 1h	54m 10s	$25K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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 BitgetbpFee AevobpOrdersPrice spread, now −0.060%Rate

Funding earned: $21.84
Price spread: −0.060% → 0.000%: −$6.03
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$12.19
Costs to cover: 0.280%
Break-even: 10.9 days

Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago	0.70 bp	7.5 bp −$8	10.2 bp −$102	doesn't fit	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 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	357.48	−0.056%	$3.6M	$7.3M	100x	as long as short
Bitget GOOGLUSDTlong	0.0000%	8h	357.68	long leg	$17.4M	$9.6M	100x
SunX GOOGL-USDT	0.0000%	8h	357.61	−0.020%	$468	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.68	0.000%	$115K	$220K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.71	+0.008%	$2.7M	$86K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.36	−0.089%	$524K	$1.1M	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0025%	8h	357.65	−0.008%	$23K	$432K	10x	as long as short
Variational Omni GOOGL	+0.0025%	8h	357.62	−0.016%	$4.8M	$2.3M	—	as long as short
Aftermath Perps GOOGLUSD	+0.0028%	1h	357.69	+0.002%	$144K	$48K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.57	−0.031%	$1.3M	$2.1M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.157%	$128K	$45K	30x	as long as short
Hotstuff GOOGL-PERP	+0.0040%	1h	357.36	−0.089%	$33K	—	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.35	−0.092%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.50	−0.050%	—	$5K	25x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.35	−0.092%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.34	−0.095%	$144	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.27	−0.115%	$2.3M	$4.8M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.53	−0.042%	$1.3M	$4.2M	10x	as long as short
Nado GOOGL-PERP	+0.0071%	1h	357.27	−0.115%	$557K	$80K	20x	as long as short
Aster GOOGLUSDT	+0.0086%	8h	357.72	+0.010%	$366K	$426K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.58	−0.028%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.18	−0.140%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.38	−0.084%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.45	−0.064%	$10K	$10K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0101%	1h	357.34	−0.095%	$99.1M	$20.4M	20x	as long as short
Extended GOOGL-USD	+0.0104%	1h	357.48	−0.055%	$423K	$1.8M	20x	as long as short
Aevo GOOGL-PERPshort	+0.0104%	1h	357.46	−0.060%	$25K	—	10x
Binance GOOGLUSDT	+0.0106%	8h	357.61	−0.020%	$72.7M	$141.2M	50x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.49	−0.053%	$138K	$36K	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0115%	8h	357.49	−0.053%	$293	$253	5x	as long as short
OKX GOOGL-USDT-SWAP	+0.0116%	8h	357.61	−0.020%	$13.8M	$12.4M	50x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0170%	1h	357.34	−0.095%	$24K	$155K	10x	as long as short
BloFin GOOGL-USDT	+0.0225%	8h	357.68	0.000%	$696K	$234K	20x	as long as short
Bybit GOOGLUSDT	+0.0241%	8h	357.66	−0.006%	$12.0M	$7.5M	100x	as long as short
Lighter GOOGL	+0.0328%	1h	357.57	−0.031%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0716%	4h	357.64	−0.012%	$209K	$1.2M	10x	as long as short