Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h −0.005%

Price spread now: Aevo against Variational Omni−0.005%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GOOGL	357.30	0	get 0.0000% / 8h	2h 13m	$4.7M	$2.4M	—
Short	Aevo GOOGL-PERP	357.28	0.0104	get 0.0013% / 1h	13m 55s	$25K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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 Variational OmnibpFee AevobpOrdersPrice spread, now −0.005%Rate

Funding earned: $21.84
Price spread: −0.005% → 0.000%: −$0.55
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: $5.29
Costs to cover: 0.160%
Break-even: 5.3 days

Slippage unknown: Variational Omni: RFQ quote, just now; 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 Variational Omni RFQ quote, just now	2.63 bp	doesn't fit	8.3 bp −$83	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
Deribit GOOGL_USDC-PERPETUAL	−0.0170%	1h	357.06	−0.066%	$24K	$156K	10x	as long as short
Nado GOOGL-PERP	−0.0019%	1h	357.24	−0.014%	$557K	$86K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.42	+0.035%	$13.7M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.29	−0.002%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.37	+0.021%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGLlong	0.0000%	8h	357.30	long leg	$4.7M	$2.4M	—
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.37	+0.021%	$23K	$447K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.45	+0.043%	$2K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.54	+0.068%	$115K	$214K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.40	+0.029%	$2.7M	$88K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	356.88	−0.116%	$519K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0020%	1h	357.15	−0.040%	$144K	$47K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.43	+0.037%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.049%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.10	−0.055%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.49	+0.054%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.34	+0.012%	$1.3M	$4.3M	10x	as long as short
Aster GOOGLUSDT	+0.0050%	8h	357.53	+0.065%	$366K	$426K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.21	−0.024%	$98.3M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.13	−0.046%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.19	−0.030%	$161	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.08	−0.060%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0059%	8h	357.39	+0.025%	$293	$253	5x	as long as short
Binance GOOGLUSDT	+0.0069%	8h	357.44	+0.039%	$72.1M	$143.8M	50x	as long as short
Extended GOOGL-USD	+0.0072%	1h	357.34	+0.012%	$422K	$1.2M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.17	−0.034%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.85	−0.125%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.18	−0.032%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.23	−0.018%	$10K	$11K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	357.41	+0.032%	$2.0M	$1.3M	20x	as long as short
Aevo GOOGL-PERPshort	+0.0104%	1h	357.28	−0.005%	$25K	—	10x
Phoenix GOOGL	+0.0134%	1h	357.16	−0.038%	$137K	$36K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0136%	1h	357.18	−0.032%	$33K	—	20x	as long as short
BloFin GOOGL-USDT	+0.0190%	8h	357.37	+0.021%	$690K	$236K	20x	as long as short
Bybit GOOGLUSDT	+0.0201%	8h	357.50	+0.057%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0434%	4h	357.34	+0.012%	$208K	$1.2M	10x	as long as short