Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against Gate−0.028%7-day average — · you buy dearer than you sell

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

Long on Gate 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 0.028% cheaper against Gate than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 21 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	Gate GOOGL_USDT	357.70	0	get 0.0000% / 8h	7h 46m	$3.6M	$7.0M	100x
Short	Aevo GOOGL-PERP	357.60	0.0104	get 0.0013% / 1h	46m 54s	$25K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Gate. 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 GatebpFee AevobpOrdersPrice spread, now −0.028%Rate

Funding earned: $21.84
Price spread: −0.028% → 0.000%: −$2.75
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$11.91
Costs to cover: 0.310%
Break-even: 10.8 days

Slippage unknown: Gate: live order book, 2 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 Gate live order book, 2 min ago	1.68 bp	11.3 bp −$11	20.1 bp −$201	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
Coinbase International GOOGL-PERP-INTX	−0.0080%	1h	357.25	−0.126%	$512K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0032%	1h	357.52	−0.050%	$33K	—	20x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.89	+0.052%	$367K	$422K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.80	+0.028%	$13.5M	$12.8M	50x	as long as short
Gate GOOGL_USDTlong	0.0000%	8h	357.70	long leg	$3.6M	$7.0M	100x
Bitget GOOGLUSDT	0.0000%	8h	357.89	+0.053%	$17.4M	$9.6M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.45	−0.071%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.43	−0.076%	$23K	$442K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.81	+0.031%	$1K	$3.9M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.97	+0.075%	$115K	$209K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex GOOGLUSDT	0.0000%	4h	357.73	+0.008%	$2.7M	$88K	10x	as long as short
edgeX GOOGLUSDC	+0.0003%	4h	357.37	−0.092%	$208K	$1.2M	10x	as long as short
Extended GOOGL-USD	+0.0016%	1h	357.74	+0.010%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDT	+0.0019%	8h	357.83	+0.036%	$72.2M	$141.5M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0028%	1h	357.49	−0.059%	$144K	$44K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.74	+0.011%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.162%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.71	+0.003%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.53	−0.048%	$209K	$280K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.81	+0.031%	—	$5K	25x	as long as short
KuCoin GOOGLUSDTM	+0.0049%	8h	357.32	−0.106%	$3.0M	$131K	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.37	−0.092%	$686K	$415K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.59	−0.031%	$125	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.47	−0.064%	$2.3M	$4.4M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0056%	8h	357.64	−0.018%	$293	$253	5x	as long as short
Nado GOOGL-PERP	+0.0074%	1h	357.46	−0.068%	$550K	$88K	20x	as long as short
BloFin GOOGL-USDT	+0.0075%	8h	357.62	−0.022%	$688K	$234K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0086%	1h	357.64	−0.017%	$98.4M	$21.3M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.13	−0.159%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.47	−0.064%	$42K	$25K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.30	−0.112%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.64	−0.017%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERPshort	+0.0104%	1h	357.60	−0.028%	$25K	—	10x
Bybit GOOGLUSDT	+0.0185%	8h	357.87	+0.048%	$11.5M	$7.7M	100x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0197%	1h	357.70	0.000%	$24K	$157K	10x	as long as short
Lighter GOOGL	+0.0256%	1h	357.80	+0.028%	$2.0M	$1.3M	20x	as long as short