Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0115%/8h= +12.5% APRpaid last 24h +0.058%

Price spread now: BloFin against Aevo+0.040%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 BloFin

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.040% dearer against Aevo than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo GOOGL-PERP	356.26	0.0104	pay 0.0013% / 1h	56m 27s	$25K	—	10x
Short	BloFin GOOGL-USDT	356.40	0.0219	get 0.0219% / 8h	6h 56m	$646K	$234K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.040%Rate

Funding earned: $24.06
Price spread: +0.040% → 0.000%: $4.05
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee BloFin: 6 bp × 2 orders: −$12
Net: $0.1
Costs to cover: 0.280%
Break-even: 7.0 days

Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 10 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 BloFin live order book, 10 min ago	0.14 bp	6.6 bp −$7	7.7 bp −$77	15.7 bp −$1,566	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
Deribit GOOGL_USDC-PERPETUAL	−0.0115%	1h	356.07	−0.052%	$23K	$153K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0024%	1h	356.22	−0.010%	$528K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0012%	1h	356.26	0.000%	$556K	$80K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.35	+0.026%	$3.6M	$7.5M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.45	+0.055%	$23K	$452K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.39	+0.038%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.57	+0.088%	$114K	$227K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.55	+0.083%	$2.7M	$67K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0010%	1h	356.23	−0.008%	$144K	$51K	10x	as long as short
Bitget GOOGLUSDT	+0.0014%	8h	356.44	+0.052%	$16.9M	$9.3M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GOOGL	+0.0027%	8h	356.41	+0.044%	$4.8M	$2.3M	—	as long as short
Lighter GOOGL	+0.0032%	1h	356.37	+0.032%	$2.1M	$1.1M	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.46	+0.057%	$1.4M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.243%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	356.33	+0.021%	$1.3M	$4.6M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.21	−0.013%	$202K	$271K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.45	+0.054%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.18	−0.021%	$98.3M	$22.1M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.18	−0.021%	$683K	$441K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.19	−0.018%	$162	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.22	−0.010%	$2.2M	$4.8M	15x	as long as short
Hotstuff GOOGL-PERP	+0.0056%	1h	356.19	−0.018%	$33K	—	20x	as long as short
Bybit GOOGLUSDT	+0.0058%	8h	356.43	+0.049%	$11.5M	$7.5M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0064%	8h	356.38	+0.035%	$292	$253	5x	as long as short
Aster GOOGLUSDT	+0.0077%	8h	356.51	+0.072%	$364K	$458K	20x	as long as short
Extended GOOGL-USD	+0.0096%	1h	356.32	+0.018%	$421K	$1.8M	20x	as long as short
Binance GOOGLUSDT	+0.0098%	8h	356.40	+0.040%	$72.7M	$142.1M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.39	+0.037%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.08	−0.049%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.25	−0.002%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.22	−0.010%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERPlong	+0.0104%	1h	356.26	long leg	$25K	—	10x
Phoenix GOOGL	+0.0157%	1h	356.30	+0.012%	$137K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0178%	8h	356.53	+0.077%	$13.8M	$12.7M	50x	as long as short
BloFin GOOGL-USDTshort	+0.0219%	8h	356.40	+0.040%	$646K	$234K	20x
edgeX GOOGLUSDC	+0.0774%	4h	356.43	+0.050%	$209K	$1.2M	10x	as long as short