Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0026%/8h= +2.8% APRpaid last 24h −0.011%

Price spread now: Aftermath Perps against Bitget−0.022%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$440.437% of the position

Long on Bitget Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.050%−$5 on $10k

Price spread, last 4 days (all we have)−0.087%−$9 · spread now −0.022%, 7d avg −0.056%

Together, before fees−0.136%−$14 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 Aftermath Perps is 0.034% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget GOOGLUSDT	357.49	0	get 0.0000% / 8h	7h 57m	$17.3M	$9.8M	100x
Short	Aftermath Perps GOOGLUSD	357.41	0.0026	get 0.0003% / 1h	57m 11s	$144K	$44K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now −0.022%Rate

Funding earned: $5.42
Price spread: −0.022% → −0.056%: $3.38
Slippage, 4 orders: −$22.66
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$34.86
Costs to cover: 0.437%
Break-even: 52.1 days

Slippage from Bitget: live order book, 1 min ago; Aftermath Perps: live order book, 42 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 Bitget live order book, 1 min ago	0.84 bp	8.1 bp −$8	12.2 bp −$122	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 42 min ago	8.66 bp	14.5 bp −$14	21.5 bp −$215	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
Hotstuff GOOGL-PERP	−0.0144%	1h	356.97	−0.145%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0080%	1h	356.87	−0.173%	$512K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.56	+0.019%	$366K	$422K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.41	−0.022%	$13.5M	$12.9M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.35	−0.039%	$3.6M	$7.0M	100x	as long as short
Bitget GOOGLUSDTlong	0.0000%	8h	357.49	long leg	$17.3M	$9.8M	100x
Variational Omni GOOGL	0.0000%	8h	357.49	−0.001%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.31	−0.050%	$24K	$447K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.48	−0.003%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.24	−0.070%	$24K	$157K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX GOOGL-USDT	0.0000%	8h	357.62	+0.036%	$115K	$209K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.54	+0.014%	$2.7M	$88K	10x	as long as short
Binance GOOGLUSDT	+0.0022%	8h	357.35	−0.039%	$72.1M	$142.9M	50x	as long as short
Extended GOOGL-USD	+0.0024%	1h	357.40	−0.026%	$427K	$2.5M	20x	as long as short
Aftermath Perps GOOGLUSDshort	+0.0026%	1h	357.41	−0.022%	$144K	$44K	10x
Lighter RH GOOGL	+0.0032%	1h	357.32	−0.048%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.103%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.24	−0.070%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.22	−0.076%	$207K	$279K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0045%	8h	356.96	−0.148%	$3.0M	$120K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.40	−0.025%	—	$5K	25x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.13	−0.101%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.07	−0.117%	$129	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.02	−0.131%	$2.3M	$4.6M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0052%	8h	357.31	−0.051%	$293	$253	5x	as long as short
tradeXYZ xyz:GOOGL	+0.0075%	1h	357.21	−0.078%	$98.3M	$21.5M	20x	as long as short
BloFin GOOGL-USDT	+0.0088%	8h	357.45	−0.011%	$693K	$235K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.11	−0.107%	$42K	$25K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.08	−0.115%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.30	−0.053%	$10K	$11K	20x	as long as short
Nado GOOGL-PERP	+0.0101%	1h	357.19	−0.084%	$549K	$88K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.30	−0.053%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.32	−0.048%	$137K	$36K	20x	as long as short
Bybit GOOGLUSDT	+0.0144%	8h	357.43	−0.017%	$11.5M	$7.8M	100x	as long as short
Lighter GOOGL	+0.0232%	1h	357.41	−0.022%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0687%	4h	357.42	−0.019%	$208K	$1.2M	10x	as long as short