Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h −0.034%

Price spread now: Aftermath Perps against Aster−0.049%7-day average −0.063% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$660.660% of the position

Long on Aster Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.075%−$7 on $10k

Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.049%, 7d avg −0.063%

Together, before fees−0.052%+ Points / potential airdropAster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.063%, 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	Aster GOOGLUSDT	357.46	0.0044	pay 0.0044% / 8h	2h 04m	$366K	$426K	20x
Short	Aftermath Perps GOOGLUSD	357.28	0.0020	get 0.0003% / 1h	4m 19s	$145K	$47K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Aster. 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 AsterbpFee Aftermath PerpsbpOrdersPrice spread, now −0.049%Rate

Funding earned: −$4.99
Price spread: −0.049% → −0.063%: $1.37
Slippage, 4 orders: −$49
Fee Aster: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$69.62
Costs to cover: 0.660%
Break-even: never at this rate

Slippage from Aster: live order book, 43 min ago; Aftermath Perps: live order book, 45 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 Aster live order book, 43 min ago	3.64 bp	28.0 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 45 min ago	7.90 bp	15.2 bp −$15	doesn't fit	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
Nado GOOGL-PERP	−0.0023%	1h	357.11	−0.097%	$557K	$86K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.28	−0.049%	$13.7M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.17	−0.080%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.37	−0.024%	$17.3M	$9.9M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.30	−0.043%	$4.7M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.38	−0.021%	$23K	$445K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.38	−0.021%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.10	−0.099%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.41	−0.013%	$115K	$214K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.48	+0.007%	$2.7M	$87K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	356.88	−0.161%	$519K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSDshort	+0.0020%	1h	357.28	−0.049%	$145K	$47K	10x
Hotstuff GOOGL-PERP	+0.0024%	1h	357.13	−0.091%	$33K	—	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.28	−0.049%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.094%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.11	−0.097%	$207K	$278K	10x	as long as short
Aster GOOGLUSDTlong	+0.0044%	8h	357.46	long leg	$366K	$426K	20x
Vest GOOGL-USD-PERP	+0.0046%	1h	357.37	−0.024%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.23	−0.063%	$1.2M	$4.2M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.07	−0.108%	$98.2M	$21.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.08	−0.105%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.13	−0.091%	$158	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.03	−0.119%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0057%	8h	357.22	−0.065%	$293	$253	5x	as long as short
Extended GOOGL-USD	+0.0064%	1h	357.20	−0.072%	$422K	$1.2M	20x	as long as short
Binance GOOGLUSDT	+0.0065%	8h	357.29	−0.046%	$72.0M	$143.6M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.06	−0.110%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.83	−0.175%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.16	−0.083%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.09	−0.102%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.22	−0.066%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0112%	1h	357.29	−0.046%	$2.0M	$1.3M	20x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.21	−0.069%	$137K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0185%	8h	357.36	−0.027%	$685K	$236K	20x	as long as short
Bybit GOOGLUSDT	+0.0194%	8h	357.34	−0.032%	$12.0M	$7.6M	100x	as long as short
edgeX GOOGLUSDC	+0.0663%	4h	357.31	−0.040%	$208K	$1.2M	10x	as long as short