Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0008%/8h= −0.8% APRpaid last 24h +0.036%

Price spread now: Aster against Ondo Perps+0.130%7-day average +0.109% · you sell dearer than you buy

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

Long on Ondo Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.130%, 7d avg +0.109%

Together, before fees−0.014%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.020% dearer against Ondo Perps than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.109%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps GOOGL-USD.P	356.89	0.0050	pay 0.0006% / 1h	59m 35s	$2.3M	$4.8M	15x
Short	Aster GOOGLUSDT	357.35	0.0043	get 0.0043% / 8h	5h 59m	$365K	$458K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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 Ondo PerpsbpFee AsterbpOrdersPrice spread, now +0.130%Rate

Funding earned: −$1.6
Price spread: +0.130% → +0.109%: $2.04
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$12.56
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 3 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Aster live order book, 3 min ago	2.80 bp	6.8 bp −$7	8.7 bp −$87	doesn't fit	doesn't fit

Ondo Perps: 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 35 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
Deribit GOOGL_USDC-PERPETUAL	−0.0506%	1h	356.97	+0.022%	$23K	$154K	10x	as long as short
Nado GOOGL-PERP	−0.0032%	1h	357.28	+0.110%	$557K	$80K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	357.00	+0.031%	$524K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.34	+0.126%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.29	+0.113%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.19	+0.084%	$23K	$436K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.43	+0.151%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.56	+0.188%	$115K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.45	+0.157%	$2.7M	$73K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0007%	1h	357.02	+0.036%	$144K	$51K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget GOOGLUSDT	+0.0023%	8h	357.47	+0.163%	$17.0M	$9.3M	100x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.49	+0.168%	$1.3M	$2.4M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.064%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.35	+0.129%	$1.3M	$4.4M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.08	+0.053%	$202K	$272K	10x	as long as short
Aster GOOGLUSDTshort	+0.0043%	8h	357.35	+0.130%	$365K	$458K	20x
Vest GOOGL-USD-PERP	+0.0046%	1h	357.53	+0.179%	—	$5K	25x	as long as short
Hotstuff GOOGL-PERP	+0.0048%	1h	357.27	+0.106%	$33K	—	20x	as long as short
Bybit GOOGLUSDT	+0.0049%	8h	357.45	+0.157%	$11.6M	$7.4M	100x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.28	+0.109%	$99.0M	$22.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.16	+0.076%	$685K	$433K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.20	+0.087%	$149	$46K	10x	as long as short
Ondo Perps GOOGL-USD.Plong	+0.0050%	1h	356.89	long leg	$2.3M	$4.8M	15x
Paradex GOOGL-USD-PERP	+0.0055%	8h	357.45	+0.156%	$293	$253	5x	as long as short
Binance GOOGLUSDT	+0.0063%	8h	357.47	+0.163%	$72.8M	$141.5M	50x	as long as short
Extended GOOGL-USD	+0.0064%	1h	357.38	+0.136%	$421K	$1.8M	20x	as long as short
Lighter GOOGL	+0.0088%	1h	357.50	+0.171%	$2.1M	$1.2M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.09	+0.056%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.20	+0.087%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.01	+0.034%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.02	+0.036%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.29	+0.112%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.23	+0.096%	$25K	—	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0148%	8h	357.42	+0.149%	$13.8M	$12.5M	50x	as long as short
edgeX GOOGLUSDC	+0.0797%	4h	357.12	+0.063%	$208K	$1.2M	10x	as long as short