Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.4% APRpaid last 24h −0.013%

Price spread now: Aftermath Perps against Variational Omni−0.044%7-day average −0.042% · you buy dearer than you sell

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

Long on Variational Omni Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.048%−$5 on $10k

Price spread, last 3 days (all we have)+0.038%+$4 · spread now −0.044%, 7d avg −0.042%

Together, before fees−0.010%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.042%, so right now this pair is about funding alone: −$1 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	356.59	0.0047	pay 0.0047% / 8h	48m 09s	$4.7M	$2.6M	—
Short	Aftermath Perps GOOGLUSD	356.43	0.0015	get 0.0002% / 1h	48m 09s	$144K	$54K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$6.62
Price spread: −0.044% → −0.042%: −$0.15
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$15.76
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Aftermath Perps: live order book, 31 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 Variational Omni RFQ quote, 1 min ago	2.62 bp	doesn't fit	7.5 bp −$75	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 31 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
Gate GOOGL_USDT	0.0000%	8h	356.55	−0.011%	$3.6M	$7.5M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.61	+0.005%	$1K	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.84	+0.070%	$115K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.69	+0.028%	$2.7M	$66K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0008%	1h	356.28	−0.087%	$530K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSDshort	+0.0015%	1h	356.43	−0.044%	$144K	$54K	10x
Hotstuff GOOGL-PERP	+0.0016%	1h	356.41	−0.051%	$33K	—	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.67	+0.022%	$1.4M	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.149%	$128K	$45K	30x	as long as short
GRVT GOOGL_USDT_Perp	+0.0045%	8h	356.59	0.000%	$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	356.58	−0.003%	—	$5K	25x	as long as short
Variational Omni GOOGLlong	+0.0047%	8h	356.59	long leg	$4.7M	$2.6M	—
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.47	−0.034%	$98.2M	$24.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.45	−0.039%	$683K	$437K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.44	−0.042%	$182	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.26	−0.093%	$2.3M	$4.9M	15x	as long as short
QFEX GOOGL-USD	+0.0060%	1h	356.60	+0.003%	$1.3M	$4.9M	10x	as long as short
Bybit GOOGLUSDT	+0.0086%	8h	356.70	+0.031%	$11.5M	$7.7M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0087%	8h	356.54	−0.015%	$292	$253	5x	as long as short
Nado GOOGL-PERP	+0.0095%	1h	356.31	−0.077%	$559K	$82K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.26	−0.092%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.29	−0.084%	$3.0M	$66K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.38	−0.059%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.52	−0.020%	$10K	$10K	20x	as long as short
Aster GOOGLUSDT	+0.0102%	8h	356.74	+0.043%	$362K	$455K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.53	−0.016%	$25K	—	10x	as long as short
Bitget GOOGLUSDT	+0.0108%	8h	356.69	+0.028%	$16.9M	$9.3M	100x	as long as short
Extended GOOGL-USD	+0.0120%	1h	356.61	+0.006%	$421K	$1.6M	20x	as long as short
Binance GOOGLUSDT	+0.0123%	8h	356.68	+0.025%	$73.0M	$142.6M	50x	as long as short
OKX GOOGL-USDT-SWAP	+0.0132%	8h	356.73	+0.039%	$13.9M	$12.9M	50x	as long as short
Phoenix GOOGL	+0.0157%	1h	356.41	−0.051%	$137K	$48K	20x	as long as short
BloFin GOOGL-USDT	+0.0243%	8h	356.61	+0.005%	$692K	$236K	20x	as long as short
Arcus GOOGL-USD	+0.0250%	1h	356.46	−0.037%	$202K	$271K	10x	as long as short
edgeX GOOGLUSDC	+0.0319%	4h	356.59	−0.001%	$208K	$1.2M	10x	as long as short
Lighter GOOGL	+0.0320%	1h	356.68	+0.025%	$2.1M	$1.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0367%	1h	356.51	−0.023%	$22K	$151K	10x	as long as short