Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h +0.027%

Price spread now: Aevo against GRVT−0.028%49s7-day average — · you buy dearer than you sell

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

Long on GRVT 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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.028% cheaper against GRVT 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 37 hours of funding at the current rate (+$2 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT GOOGL_USDT_Perp	358.59	0.0043	pay 0.0043% / 8h	6h 55m	$23K	$451K	10x
Short	Aevo GOOGL-PERP	358.49	0.0104	get 0.0013% / 1h	55m 35s	$25K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against GRVT. 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 GRVTbpFee AevobpOrdersPrice spread, now −0.028%Rate

Funding earned: $12.81
Price spread: −0.028% → 0.000%: −$2.83
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$15.02
Costs to cover: 0.250%
Break-even: 15.2 days

Slippage unknown: GRVT: live order book, 37 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 GRVT live order book, 37 min ago	0.28 bp	7.9 bp −$8	12.2 bp −$122	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	−0.0056%	1h	358.32	−0.075%	$514K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	358.46	−0.036%	$13.5M	$13.5M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.33	−0.073%	$3.6M	$6.7M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.46	−0.036%	$17.4M	$9.4M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	358.62	+0.007%	$5.0M	$2.5M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.68	+0.025%	$1K	$3.8M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.76	+0.047%	$115K	$213K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.82	+0.064%	$2.7M	$98K	10x	as long as short
Aster GOOGLUSDT	+0.0009%	8h	358.35	−0.066%	$368K	$423K	20x	as long as short
Bybit GOOGLUSDT	+0.0021%	8h	358.47	−0.034%	$11.5M	$7.4M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GOOGL-USD	+0.0024%	1h	358.37	−0.061%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDT	+0.0028%	8h	358.45	−0.039%	$72.7M	$142.2M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0028%	1h	358.40	−0.052%	$145K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.41	−0.050%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.410%	$128K	$45K	30x	as long as short
GRVT GOOGL_USDT_Perplong	+0.0043%	8h	358.59	long leg	$23K	$451K	10x
Vest GOOGL-USD-PERP	+0.0046%	1h	358.51	−0.022%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0048%	1h	358.34	−0.070%	$1.3M	$4.1M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	358.31	−0.078%	$98.1M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	358.26	−0.092%	$686K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	358.48	−0.031%	$127	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	358.20	−0.109%	$2.3M	$4.0M	15x	as long as short
Nado GOOGL-PERP	+0.0058%	1h	358.31	−0.078%	$551K	$81K	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0063%	8h	358.42	−0.047%	$294	$253	5x	as long as short
Arcus GOOGL-USD	+0.0081%	1h	358.27	−0.089%	$211K	$283K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0085%	1h	358.45	−0.039%	$24K	$150K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0087%	8h	358.19	−0.112%	$3.0M	$185K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	358.43	−0.045%	$138K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	358.44	−0.043%	$42K	$23K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	358.37	−0.061%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.53	−0.017%	$10K	$11K	20x	as long as short
BloFin GOOGL-USDT	+0.0104%	8h	358.58	−0.003%	$685K	$237K	20x	as long as short
Aevo GOOGL-PERPshort	+0.0104%	1h	358.49	−0.028%	$25K	—	10x
Hotstuff GOOGL-PERP	+0.0160%	1h	358.35	−0.067%	$33K	—	20x	as long as short
Lighter GOOGL	+0.0176%	1h	358.50	−0.025%	$2.0M	$1.8M	20x	as long as short
edgeX GOOGLUSDC	+0.0180%	4h	358.50	−0.026%	$209K	$1.2M	10x	as long as short