Funding arb · Price arb /

GOOGL

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against SunX−0.024%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Aevo

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

Funding pays, the price is against you. Aevo is 0.024% cheaper against SunX than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 18 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX GOOGL-USDT	357.57	0	get 0.0000% / 8h	2m 08s	$1K	$4.0M	20x
Short	Aevo GOOGL-PERP	357.49	0.0104	get 0.0013% / 1h	2m 08s	$25K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against SunX. 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 SunXbpFee AevobpOrdersPrice spread, now −0.024%Rate

Funding earned: $21.84
Price spread: −0.024% → 0.000%: −$2.35
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$4.51
Costs to cover: 0.240%
Break-even: 8.4 days

Slippage unknown: SunX: live order book, 6 min ago; Aevo: no order-book sample. 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 SunX live order book, 6 min ago	44.87 bp	49.3 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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	−0.0048%	1h	357.09	−0.134%	$512K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0004%	1h	357.32	−0.071%	$549K	$88K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.46	−0.031%	$13.6M	$12.9M	50x	as long as short
Hotstuff GOOGL-PERP	0.0000%	1h	357.42	−0.042%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.46	−0.031%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.66	+0.025%	$17.4M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.58	+0.002%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.58	+0.003%	$23K	$449K	10x	as long as short
SunX GOOGL-USDTlong	0.0000%	8h	357.57	long leg	$1K	$4.0M	20x
HTX GOOGL-USDT	0.0000%	8h	357.65	+0.022%	$115K	$210K	30x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex GOOGLUSDT	0.0000%	4h	357.70	+0.036%	$2.7M	$88K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0002%	1h	357.36	−0.059%	$24K	$157K	10x	as long as short
Aster GOOGLUSDT	+0.0004%	8h	357.75	+0.050%	$366K	$422K	20x	as long as short
Extended GOOGL-USD	+0.0024%	1h	357.49	−0.021%	$427K	$2.5M	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0025%	1h	357.66	+0.025%	$144K	$44K	10x	as long as short
Binance GOOGLUSDT	+0.0027%	8h	357.58	+0.003%	$72.1M	$143.2M	50x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.46	−0.031%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.126%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0035%	1h	357.47	−0.028%	$1.3M	$4.2M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.39	−0.050%	$208K	$279K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0044%	8h	357.18	−0.109%	$3.0M	$117K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.70	+0.036%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.36	−0.059%	$98.2M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.38	−0.053%	$686K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.34	−0.064%	$131	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.32	−0.070%	$2.3M	$4.6M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0051%	8h	357.46	−0.031%	$293	$253	5x	as long as short
Bybit GOOGLUSDT	+0.0075%	8h	357.60	+0.008%	$11.5M	$7.8M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.38	−0.052%	$42K	$26K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.32	−0.070%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.34	−0.064%	$10K	$11K	20x	as long as short
BloFin GOOGL-USDT	+0.0103%	8h	357.61	+0.011%	$688K	$236K	20x	as long as short
Aevo GOOGL-PERPshort	+0.0104%	1h	357.49	−0.024%	$25K	—	10x
Phoenix GOOGL	+0.0112%	1h	357.39	−0.050%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0120%	1h	357.54	−0.008%	$2.0M	$1.4M	20x	as long as short
edgeX GOOGLUSDC	+0.0623%	4h	357.57	0.000%	$209K	$1.2M	10x	as long as short