Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0029%/8h= −3.1% APRpaid last 24h +0.036%

Price spread now: Aster against Polymarket Perps+0.044%7-day average +0.080% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$440.440% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.012%+$1 · spread now +0.044%, 7d avg +0.080%

Together, before fees+0.010%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.036% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.080%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps GOOG-USD	357.45	0.0050	pay 0.0006% / 1h	31m 07s	$686K	$429K	10x
Short	Aster GOOGLUSDT	357.61	0.0021	get 0.0021% / 8h	5h 31m	$366K	$458K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Polymarket 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 Polymarket PerpsbpFee AsterbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$6.02
Price spread: +0.044% → +0.080%: −$3.56
Slippage, 4 orders: −$27.99
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$53.57
Costs to cover: 0.440%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 32 min ago; Aster: live order book, 31 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 Polymarket Perps live order book, 32 min ago	1.54 bp	7.4 bp −$7	9.0 bp −$90	10.0 bp −$998	doesn't fit
Sell Aster live order book, 31 min ago	2.80 bp	6.8 bp −$7	8.7 bp −$87	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
Coinbase International GOOGL-PERP-INTX	−0.0064%	1h	357.46	+0.003%	$524K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0055%	1h	357.55	+0.029%	$558K	$80K	20x	as long as short
Hotstuff GOOGL-PERP	−0.0032%	1h	357.53	+0.022%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.64	+0.053%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.71	+0.073%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.78	+0.093%	$23K	$437K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.78	+0.092%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.54	+0.025%	$23K	$154K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.86	+0.115%	$115K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.82	+0.104%	$2.7M	$76K	10x	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	+0.0003%	1h	357.67	+0.060%	$144K	$50K	10x	as long as short
Bybit GOOGLUSDT	+0.0012%	8h	357.92	+0.131%	$11.8M	$7.5M	100x	as long as short
Aster GOOGLUSDTshort	+0.0021%	8h	357.61	+0.044%	$366K	$458K	20x
QFEX GOOGL-USD	+0.0028%	1h	357.66	+0.059%	$1.3M	$4.3M	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.75	+0.084%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.092%	$128K	$45K	30x	as long as short
Extended GOOGL-USD	+0.0040%	1h	357.68	+0.063%	$426K	$1.8M	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.50	+0.014%	$208K	$277K	10x	as long as short
Binance GOOGLUSDT	+0.0041%	8h	357.81	+0.101%	$72.9M	$141.2M	50x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.80	+0.098%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.58	+0.036%	$99.1M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USDlong	+0.0050%	1h	357.45	long leg	$686K	$429K	10x
SoDEX GOOGL-USD	+0.0050%	1h	357.54	+0.025%	$138	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.56	+0.031%	$2.2M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0053%	8h	357.67	+0.061%	$293	$253	5x	as long as short
Bitget GOOGLUSDT	+0.0077%	8h	357.79	+0.095%	$17.0M	$9.3M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.47	+0.006%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.49	+0.011%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.63	+0.050%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.63	+0.050%	$10K	$10K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	357.77	+0.090%	$2.1M	$1.2M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.55	+0.028%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.64	+0.053%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0115%	8h	357.74	+0.081%	$13.8M	$12.4M	50x	as long as short
BloFin GOOGL-USDT	+0.0161%	8h	357.69	+0.067%	$697K	$234K	20x	as long as short
edgeX GOOGLUSDC	+0.0514%	4h	357.77	+0.088%	$209K	$1.2M	10x	as long as short