Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0057%/8h= −6.2% APRpaid last 24h +0.021%

Price spread now: Aster against Pacifica+0.111%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.111% dearer against Pacifica than usual: you sell high and buy low (spread +0.111% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica GOOGL	357.05	0.0100	pay 0.0013% / 1h	3m 03s	$42K	$39K	10x
Short	Aster GOOGLUSDT	357.45	0.0043	get 0.0043% / 8h	2h 03m	$366K	$426K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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 PacificabpFee AsterbpOrdersPrice spread, now +0.111%Rate

Funding earned: −$11.94
Price spread: +0.111% → 0.000%: $11.14
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$16.81
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Pacifica: no order-book sample; Aster: live order book, 44 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 Pacifica no order-book sample	—	—	—	—	—
Sell Aster live order book, 44 min ago	3.64 bp	8.5 bp −$8	10.7 bp −$107	doesn't fit	doesn't fit

Pacifica: 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
Nado GOOGL-PERP	−0.0023%	1h	357.09	+0.011%	$557K	$86K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.22	+0.047%	$13.7M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.15	+0.027%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.37	+0.089%	$17.3M	$9.9M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.30	+0.070%	$4.7M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.38	+0.091%	$23K	$445K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.27	+0.061%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.02	−0.009%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.41	+0.100%	$115K	$213K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.42	+0.103%	$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	−0.049%	$519K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0021%	1h	357.27	+0.061%	$145K	$46K	10x	as long as short
Hotstuff GOOGL-PERP	+0.0024%	1h	357.13	+0.021%	$33K	—	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.26	+0.058%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.019%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.08	+0.007%	$207K	$278K	10x	as long as short
Aster GOOGLUSDTshort	+0.0043%	8h	357.45	+0.111%	$366K	$426K	20x
Vest GOOGL-USD-PERP	+0.0046%	1h	357.33	+0.077%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.16	+0.030%	$1.2M	$4.2M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.03	−0.007%	$98.2M	$21.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.04	−0.004%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.00	−0.015%	$158	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.89	−0.046%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0057%	8h	357.21	+0.044%	$293	$253	5x	as long as short
Binance GOOGLUSDT	+0.0064%	8h	357.29	+0.065%	$72.0M	$143.6M	50x	as long as short
Extended GOOGL-USD	+0.0064%	1h	357.18	+0.036%	$422K	$1.2M	20x	as long as short
Pacifica GOOGLlong	+0.0100%	1h	357.05	long leg	$42K	$39K	10x
KuCoin GOOGLUSDTM	+0.0100%	8h	356.82	−0.065%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.12	+0.019%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.09	+0.010%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.12	+0.020%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0112%	1h	357.26	+0.058%	$2.0M	$1.3M	20x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.21	+0.044%	$137K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0184%	8h	357.27	+0.061%	$685K	$236K	20x	as long as short
Bybit GOOGLUSDT	+0.0193%	8h	357.32	+0.075%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0502%	4h	357.31	+0.072%	$208K	$1.2M	10x	as long as short