Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0015%/8h= +1.7% APRpaid last 24h +0.017%

Price spread now: Aftermath Perps against HTX−0.094%7-day average −0.090% · 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−$44as in the Price arb table

costs, in and out, $10k−$430.432% of the position

Long on HTX Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.016%−$2 on $10k

Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.094%, 7d avg −0.090%

Together, before fees−0.042%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.090%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX GOOGL-USDT	356.77	0	get 0.0000% / 8h	47m 11s	$114K	$223K	30x
Short	Aftermath Perps GOOGLUSD	356.43	0.0015	get 0.0002% / 1h	47m 11s	$144K	$54K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against HTX. 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 HTXbpFee Aftermath PerpsbpOrdersPrice spread, now −0.094%Rate

Funding earned: $3.25
Price spread: −0.094% → −0.090%: −$0.46
Slippage, 4 orders: −$22.16
Fee HTX: 6 bp × 2 orders: −$12
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$40.37
Costs to cover: 0.432%
Break-even: 94.1 days

Slippage from HTX: live order book, 29 min ago; Aftermath Perps: live order book, 32 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 HTX live order book, 29 min ago	2.80 bp	8.8 bp −$9	10.5 bp −$105	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 32 min ago	3.39 bp	7.9 bp −$8	16.1 bp −$161	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	−0.0008%	1h	356.43	−0.095%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.57	−0.056%	$3.6M	$7.5M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.69	−0.022%	$1K	$4.2M	20x	as long as short
HTX GOOGL-USDTlong	0.0000%	8h	356.77	long leg	$114K	$223K	30x
Phemex GOOGLUSDT	0.0000%	4h	356.76	−0.003%	$2.7M	$66K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0008%	1h	356.28	−0.137%	$530K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSDshort	+0.0015%	1h	356.43	−0.094%	$144K	$54K	10x
Lighter RH GOOGL	+0.0032%	1h	356.73	−0.011%	$1.4M	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.098%	$128K	$45K	30x	as long as short
GRVT GOOGL_USDT_Perp	+0.0045%	8h	356.58	−0.054%	$23K	$474K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest GOOGL-USD-PERP	+0.0046%	1h	356.55	−0.062%	—	$5K	25x	as long as short
Variational Omni GOOGL	+0.0047%	8h	356.59	−0.050%	$4.7M	$2.6M	—	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.51	−0.073%	$683K	$437K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.49	−0.078%	$183	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.31	−0.129%	$2.3M	$4.9M	15x	as long as short
tradeXYZ xyz:GOOGL	+0.0051%	1h	356.54	−0.064%	$98.2M	$24.7M	20x	as long as short
QFEX GOOGL-USD	+0.0060%	1h	356.58	−0.053%	$1.3M	$4.9M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0087%	8h	356.62	−0.042%	$292	$253	5x	as long as short
Bybit GOOGLUSDT	+0.0087%	8h	356.73	−0.011%	$11.5M	$7.7M	100x	as long as short
Nado GOOGL-PERP	+0.0099%	1h	356.39	−0.105%	$559K	$82K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.32	−0.127%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.29	−0.135%	$3.0M	$66K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.38	−0.109%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.52	−0.070%	$10K	$10K	20x	as long as short
Aster GOOGLUSDT	+0.0103%	8h	356.81	+0.011%	$362K	$455K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.60	−0.047%	$25K	—	10x	as long as short
Bitget GOOGLUSDT	+0.0109%	8h	356.69	−0.022%	$16.9M	$9.3M	100x	as long as short
Binance GOOGLUSDT	+0.0124%	8h	356.70	−0.020%	$73.0M	$142.6M	50x	as long as short
Extended GOOGL-USD	+0.0128%	1h	356.63	−0.038%	$421K	$1.6M	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0134%	8h	356.77	0.000%	$13.9M	$12.9M	50x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0143%	1h	356.55	−0.062%	$23K	$151K	10x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.41	−0.101%	$137K	$48K	20x	as long as short
BloFin GOOGL-USDT	+0.0244%	8h	356.69	−0.022%	$691K	$236K	20x	as long as short
Arcus GOOGL-USD	+0.0250%	1h	356.48	−0.081%	$202K	$271K	10x	as long as short
Lighter GOOGL	+0.0312%	1h	356.75	−0.006%	$2.1M	$1.0M	20x	as long as short
edgeX GOOGLUSDC	+0.0686%	4h	356.57	−0.055%	$208K	$1.2M	10x	as long as short