Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%

Price spread now: SunX against Aevo+0.043%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 SunX

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. SunX is 0.043% dearer against Aevo than usual: you sell high and buy low (spread +0.043% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo GOOGL-PERP	356.91	0.0104	pay 0.0013% / 1h	20m 37s	$25K	—	10x
Short	SunX GOOGL-USDT	357.06	0	get 0.0000% / 8h	7h 20m	$1K	$3.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.043%Rate

Funding earned: −$21.84
Price spread: +0.043% → 0.000%: $4.33
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee SunX: 4 bp × 2 orders: −$8
Net: −$41.51
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago	44.69 bp	49.2 bp −$49	doesn't fit	doesn't fit	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
Coinbase International GOOGL-PERP-INTX	−0.0080%	1h	356.42	−0.136%	$513K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.14	+0.065%	$367K	$423K	20x	as long as short
Extended GOOGL-USD	0.0000%	1h	357.05	+0.042%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDT	0.0000%	8h	357.15	+0.067%	$72.3M	$142.0M	50x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.11	+0.057%	$11.5M	$7.4M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.08	+0.049%	$13.5M	$13.2M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.95	+0.012%	$3.6M	$7.1M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.07	+0.046%	$17.3M	$9.7M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.07	+0.047%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.76	−0.041%	$23K	$442K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX GOOGL-USDTshort	0.0000%	8h	357.06	+0.043%	$1K	$3.9M	20x
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.94	+0.010%	$24K	$149K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.22	+0.088%	$115K	$209K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.01	+0.029%	$2.7M	$91K	10x	as long as short
Hotstuff GOOGL-PERP	+0.0016%	1h	356.83	−0.021%	$33K	—	20x	as long as short
BloFin GOOGL-USDT	+0.0021%	8h	357.11	+0.057%	$691K	$234K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0029%	1h	356.69	−0.062%	$144K	$44K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.05	+0.040%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.060%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	356.95	+0.012%	$1.3M	$4.1M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.90	−0.002%	$209K	$282K	10x	as long as short
Nado GOOGL-PERP	+0.0043%	1h	356.82	−0.024%	$549K	$88K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.10	+0.054%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.90	−0.002%	$98.1M	$21.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.74	−0.046%	$684K	$414K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.77	−0.038%	$125	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.80	−0.030%	$2.3M	$4.0M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0056%	8h	357.02	+0.031%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0059%	8h	356.78	−0.035%	$3.0M	$159K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.68	−0.063%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.00	+0.026%	$42K	$25K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.73	−0.049%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.99	+0.024%	$10K	$12K	20x	as long as short
Aevo GOOGL-PERPlong	+0.0104%	1h	356.91	long leg	$25K	—	10x
Lighter GOOGL	+0.0184%	1h	357.08	+0.049%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0820%	4h	356.71	−0.055%	$208K	$1.2M	10x	as long as short