Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h +0.022%

Price spread now: Binance against Aevo+0.038%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Binance is 0.038% dearer against Aevo than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo GOOGL-PERP	357.09	0.0104	pay 0.0013% / 1h	45m 16s	$25K	—	10x
Short	Binance GOOGLUSDT	357.23	0.0093	get 0.0093% / 8h	2h 45m	$72.3M	$143.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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 AevobpFee BinancebpOrdersPrice spread, now +0.038%Rate

Funding earned: −$2.39
Price spread: +0.038% → 0.000%: $3.78
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: −$24.61
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Binance: live order book, 13 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 Aevo no order-book sample	—	—	—	—	—
Sell Binance live order book, 13 min ago	0.14 bp	5.3 bp −$5	8.6 bp −$86	21.1 bp −$2,105	doesn't fit

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
Gate GOOGL_USDT	0.0000%	8h	357.16	+0.019%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.27	+0.050%	$17.4M	$9.7M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.23	+0.038%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.93	−0.046%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.35	+0.072%	$115K	$215K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.40	+0.086%	$2.7M	$87K	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0010%	8h	357.26	+0.047%	$23K	$448K	10x	as long as short
Variational Omni GOOGL	+0.0015%	8h	357.17	+0.022%	$4.8M	$2.4M	—	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.19	+0.027%	$521K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0024%	1h	357.16	+0.017%	$144K	$47K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH GOOGL	+0.0032%	1h	357.21	+0.033%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.008%	$128K	$45K	30x	as long as short
Nado GOOGL-PERP	+0.0035%	1h	356.99	−0.028%	$557K	$86K	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.01	−0.023%	$207K	$278K	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0045%	8h	357.15	+0.016%	$13.7M	$12.6M	50x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.24	+0.041%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.16	+0.019%	$1.3M	$4.3M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.04	−0.015%	$99.1M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.04	−0.015%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.03	−0.018%	$149	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.93	−0.046%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0067%	8h	357.14	+0.013%	$293	$253	5x	as long as short
Hotstuff GOOGL-PERP	+0.0072%	1h	357.04	−0.015%	$33K	—	20x	as long as short
Aster GOOGLUSDT	+0.0073%	8h	357.40	+0.085%	$366K	$426K	20x	as long as short
Binance GOOGLUSDTshort	+0.0093%	8h	357.23	+0.038%	$72.3M	$143.1M	50x
Extended GOOGL-USD	+0.0096%	1h	357.14	+0.013%	$424K	$1.2M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.02	−0.021%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.04	−0.015%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.01	−0.023%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.13	+0.010%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERPlong	+0.0104%	1h	357.09	long leg	$25K	—	10x
Phoenix GOOGL	+0.0134%	1h	357.02	−0.020%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0152%	1h	357.21	+0.033%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0213%	8h	357.29	+0.055%	$692K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0228%	8h	357.33	+0.066%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0830%	4h	357.24	+0.040%	$208K	$1.2M	10x	as long as short