Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0603%/8h= +66.1% APRpaid last 24h +0.175%

Price spread now: edgeX against Aftermath Perps+0.014%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$440.438% of the position

Long on Aftermath Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.603%+$60 on $10k

Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.014%, 7d avg +0.040%

Together, before fees+0.613%+ Points / potential airdropedgeX: Active · farm board+$61 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.026% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread +0.014% now, against its 7-day average of +0.040%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps GOOGLUSD	357.23	0.0024	pay 0.0003% / 1h	34m 46s	$144K	$45K	10x
Short	edgeX GOOGLUSDC	357.28	0.0627	get 0.0313% / 4h	34m 46s	$208K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Aftermath Perps. 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 Aftermath PerpsbpFee edgeXbpOrdersPrice spread, now +0.014%Rate

Funding earned: $126.68
Price spread: +0.014% → +0.040%: −$2.59
Slippage, 4 orders: −$25.84
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $80.25
Costs to cover: 0.438%
Break-even: 2.6 days

Slippage from Aftermath Perps: live order book, 4 min ago; edgeX: live order book, 4 min ago.

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 Aftermath Perps live order book, 4 min ago	8.66 bp	13.2 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	3.36 bp	8.1 bp −$8	11.3 bp −$113	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
Coinbase International GOOGL-PERP-INTX	−0.0048%	1h	356.60	−0.177%	$511K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.45	+0.061%	$13.6M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.30	+0.019%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.56	+0.092%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.35	+0.032%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.42	+0.053%	$23K	$449K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.43	+0.055%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.12	−0.031%	$24K	$157K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.56	+0.092%	$115K	$210K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.44	+0.058%	$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
Nado GOOGL-PERP	+0.0011%	1h	357.26	+0.007%	$549K	$91K	20x	as long as short
Aster GOOGLUSDT	+0.0014%	8h	357.53	+0.084%	$366K	$424K	20x	as long as short
Aftermath Perps GOOGLUSDlong	+0.0024%	1h	357.23	long leg	$144K	$45K	10x
Lighter RH GOOGL	+0.0032%	1h	357.46	+0.064%	$1.4M	$1.9M	20x	as long as short
Extended GOOGL-USD	+0.0032%	1h	357.44	+0.058%	$427K	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.031%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0035%	1h	357.36	+0.036%	$1.3M	$4.1M	10x	as long as short
Binance GOOGLUSDT	+0.0036%	8h	357.54	+0.086%	$72.1M	$143.4M	50x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.12	−0.031%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.50	+0.075%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.33	+0.027%	$98.2M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.17	−0.018%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.22	−0.004%	$142	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.03	−0.057%	$2.3M	$4.7M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0051%	8h	357.38	+0.040%	$293	$253	5x	as long as short
KuCoin GOOGLUSDTM	+0.0064%	8h	357.03	−0.057%	$3.0M	$101K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.17	−0.016%	$42K	$35K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.13	−0.029%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.25	+0.005%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.29	+0.016%	$25K	—	10x	as long as short
Bybit GOOGLUSDT	+0.0105%	8h	357.53	+0.083%	$11.5M	$7.9M	100x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.08	−0.043%	$137K	$36K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0120%	1h	357.22	−0.004%	$33K	—	20x	as long as short
BloFin GOOGL-USDT	+0.0144%	8h	357.46	+0.064%	$687K	$236K	20x	as long as short
Lighter GOOGL	+0.0152%	1h	357.50	+0.075%	$2.0M	$1.4M	20x	as long as short
edgeX GOOGLUSDCshort	+0.0627%	4h	357.28	+0.014%	$208K	$1.2M	10x