Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h +0.026%

Price spread now: Aster against Coinbase International+0.127%7-day average +0.141% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$480.484% of the position

Long on Coinbase International Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.051%+$5 on $10k

Price spread, last 3 days (all we have)−0.264%−$26 · spread now +0.127%, 7d avg +0.141%

Together, before fees−0.213%+ Points / potential airdropAster: Stage 5 · farm board−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.141%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.051%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International GOOGL-PERP-INTX	355.46	0.0024	pay 0.0003% / 1h	19m 09s	$525K	$1.1M	10x
Short	Aster GOOGLUSDT	355.91	0	get 0.0000% / 8h	3h 19m	$361K	$455K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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 Coinbase InternationalbpFee AsterbpOrdersPrice spread, now +0.127%Rate

Funding earned: −$5.04
Price spread: +0.127% → +0.141%: −$1.35
Slippage, 4 orders: −$30.43
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$54.82
Costs to cover: 0.484%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; Aster: live order book, 8 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 Coinbase International live order book, 4 min ago	2.95 bp	8.8 bp −$9	11.3 bp −$113	doesn't fit	doesn't fit
Sell Aster live order book, 8 min ago	2.95 bp	7.7 bp −$8	10.5 bp −$105	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
Aster GOOGLUSDTshort	0.0000%	8h	355.91	+0.127%	$361K	$455K	20x
Bybit GOOGLUSDT	0.0000%	8h	356.02	+0.158%	$11.4M	$7.6M	100x	as long as short
Gate GOOGL_USDT	0.0000%	8h	355.70	+0.068%	$3.6M	$7.4M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	355.82	+0.100%	$4.3M	$2.3M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	355.84	+0.106%	$23K	$528K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	355.82	+0.101%	$890	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	355.98	+0.146%	$114K	$225K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	355.90	+0.124%	$2.7M	$63K	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0012%	8h	355.90	+0.124%	$13.8M	$12.8M	50x	as long as short
Binance GOOGLUSDT	+0.0014%	8h	355.83	+0.104%	$72.6M	$140.4M	50x	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	+0.0014%	1h	355.69	+0.065%	$144K	$55K	10x	as long as short
Extended GOOGL-USD	+0.0016%	1h	355.79	+0.092%	$422K	$1.6M	20x	as long as short
Coinbase International GOOGL-PERP-INTXlong	+0.0024%	1h	355.46	long leg	$525K	$1.1M	10x
Lighter RH GOOGL	+0.0032%	1h	355.87	+0.115%	$1.4M	$2.7M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0032%	1h	355.69	+0.065%	$33K	—	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.467%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0041%	1h	355.75	+0.082%	$1.3M	$4.7M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	355.90	+0.124%	—	$3K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	355.69	+0.065%	$97.9M	$25.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	355.69	+0.065%	$682K	$438K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	355.65	+0.053%	$210	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	355.53	+0.020%	$2.2M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0051%	8h	355.80	+0.097%	$292	$253	5x	as long as short
Nado GOOGL-PERP	+0.0052%	1h	355.60	+0.039%	$554K	$80K	20x	as long as short
BloFin GOOGL-USDT	+0.0056%	8h	355.85	+0.110%	$690K	$234K	20x	as long as short
Bitget GOOGLUSDT	+0.0065%	8h	355.87	+0.115%	$17.0M	$9.1M	100x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0087%	1h	355.78	+0.090%	$22K	$150K	10x	as long as short
Phoenix GOOGL	+0.0090%	1h	355.79	+0.093%	$137K	$48K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	355.55	+0.026%	$43K	$44K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	355.64	+0.051%	$3.0M	$67K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	355.62	+0.045%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	355.73	+0.076%	$10K	$10K	20x	as long as short
Arcus GOOGL-USD	+0.0103%	1h	355.61	+0.042%	$201K	$303K	10x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	355.71	+0.070%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0120%	1h	355.89	+0.121%	$2.0M	$1.0M	20x	as long as short
edgeX GOOGLUSDC	+0.0278%	4h	355.87	+0.115%	$207K	$1.2M	10x	as long as short