Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0093%/8hnext payment −$0.93 per $10,000 · paid last 24h −0.037%

Price spread now: Aster against BloFin−0.062%112s7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$430.432% of the position

Long on BloFin Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.243%−$24 on $10k

Price spread, last 3 days (all we have)+0.019%+$2 · spread now −0.062%, 7d avg +0.001%

Together, before fees−0.225%+ Points / potential airdropAster: Stage 5 · farm board−$22 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.062% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.001%). Swap the legs. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin GOOGL-USDT	356.51	0.0105	pay 0.0105% / 8h	4h 21m	$700K	$221K	20x
Short	Aster GOOGLUSDT	356.29	0.0012	get 0.0012% / 8h	4h 21m	$362K	$482K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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 BloFinbpFee AsterbpOrdersPrice spread, now −0.062%Rate

Funding earned: −$19.6
Price spread: −0.062% → +0.001%: −$6.22
Slippage, 4 orders: −$23.23
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$69.05
Costs to cover: 0.432%
Break-even: never at this rate

Slippage from BloFin: live order book, 9 min ago; Aster: live order book, 10 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 BloFin live order book, 9 min ago	0.14 bp	6.4 bp −$6	6.4 bp −$64	12.1 bp −$1,211	doesn't fit
Sell Aster live order book, 10 min ago	3.09 bp	8.5 bp −$8	11.2 bp −$112	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
Hotstuff GOOGL-PERP	−0.0016%	1h	356.23	−0.079%	$33K	—	20x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	356.61	+0.028%	$11.3M	$7.1M	100x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.45	−0.017%	$3.6M	$7.2M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.68	+0.049%	$4.3M	$2.3M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.54	+0.010%	$23K	$524K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.46	−0.014%	$2K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.42	−0.025%	$23K	$149K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.53	+0.006%	$114K	$226K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.53	+0.006%	$2.7M	$60K	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0011%	8h	356.57	+0.017%	$13.8M	$12.5M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GOOGLUSDTshort	+0.0012%	8h	356.29	−0.062%	$362K	$482K	20x
Extended GOOGL-USD	+0.0024%	1h	356.35	−0.045%	$418K	$1.6M	20x	as long as short
Binance GOOGLUSDT	+0.0024%	8h	356.60	+0.025%	$73.0M	$136.1M	50x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.46	−0.014%	$1.4M	$2.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.171%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0035%	1h	356.38	−0.036%	$1.3M	$4.5M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.68	+0.048%	—	$3K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.46	−0.014%	$98.3M	$25.0M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.34	−0.048%	$691K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.29	−0.062%	$214	$43K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.25	−0.073%	$2.2M	$4.7M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0050%	8h	356.42	−0.026%	$292	$253	5x	as long as short
Nado GOOGL-PERP	+0.0056%	1h	356.28	−0.064%	$556K	$78K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0064%	1h	355.22	−0.362%	$518K	$1.0M	10x	as long as short
edgeX GOOGLUSDC	+0.0071%	4h	356.58	+0.019%	$208K	$1.2M	10x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.34	−0.048%	$137K	$48K	20x	as long as short
Bitget GOOGLUSDT	+0.0092%	8h	356.55	+0.011%	$17.1M	$8.6M	100x	as long as short
Aftermath Perps GOOGLUSD	+0.0095%	1h	356.40	−0.030%	$144K	$55K	10x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.39	−0.034%	$44K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.10	−0.115%	$3.0M	$68K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.62	+0.031%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.55	+0.011%	$11K	$9K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	356.49	−0.006%	$2.0M	$1.2M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.37	−0.040%	$25K	—	10x	as long as short
BloFin GOOGL-USDTlong	+0.0105%	8h	356.51	long leg	$700K	$221K	20x
Arcus GOOGL-USD	+0.0316%	1h	356.33	−0.050%	$202K	$302K	10x	as long as short