Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0026%/8h= +2.9% APRpaid last 24h 0.000%

Price spread now: Aftermath Perps against Variational Omni−0.067%7-day average −0.041% · you buy dearer than you sell

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

Long on Variational Omni Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.052%−$5 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.067%, 7d avg −0.041%

Together, before fees+0.012%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aftermath Perps is 0.026% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.041%). If the spread goes back, that is −$3 on $10k: about 3.3 days of funding at the current rate (+$1 a day). Mind the row above: over the last 4 days funding on this pair cost −0.052%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GOOGL	358.09	0.0004	pay 0.0004% / 8h	5h 47m	$5.0M	$2.3M	—
Short	Aftermath Perps GOOGLUSD	357.85	0.0030	get 0.0004% / 1h	47m 16s	$144K	$42K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee Aftermath PerpsbpOrdersPrice spread, now −0.067%Rate

Funding earned: $5.47
Price spread: −0.067% → −0.041%: −$2.55
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$6.08
Costs to cover: 0.090%
Break-even: 14.8 days

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Aftermath Perps: live order book, 65 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 Variational Omni RFQ quote, 5 min ago	2.61 bp	doesn't fit	6.8 bp −$68	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 65 min ago	5.23 bp	14.4 bp −$14	doesn't fit	doesn't fit	doesn't fit

GOOGL on 36 exchanges

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	−0.1600%	1h	357.90	−0.054%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0040%	1h	357.46	−0.177%	$517K	$1.2M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.91	−0.051%	$11.5M	$7.7M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.91	−0.051%	$13.5M	$13.7M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.72	−0.104%	$3.7M	$6.8M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.87	−0.062%	$17.4M	$9.8M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.87	−0.062%	$1K	$3.7M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.63	−0.129%	$29K	$152K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.13	+0.010%	$115K	$211K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.02	−0.021%	$2.7M	$114K	10x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GOOGLlong	+0.0004%	8h	358.09	long leg	$5.0M	$2.3M	—
Aftermath Perps GOOGLUSDshort	+0.0030%	1h	357.85	−0.067%	$144K	$42K	10x
Lighter RH GOOGL	+0.0032%	1h	357.89	−0.057%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.272%	$128K	$45K	30x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.81	−0.079%	—	$5K	25x	as long as short
Aster GOOGLUSDT	+0.0048%	8h	358.08	−0.004%	$368K	$420K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.47	−0.174%	$97.9M	$21.9M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.57	−0.146%	$685K	$421K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.58	−0.143%	$111	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.74	−0.099%	$2.3M	$3.9M	15x	as long as short
edgeX GOOGLUSDC	+0.0051%	4h	358.14	+0.012%	$209K	$1.2M	10x	as long as short
QFEX GOOGL-USD	+0.0060%	1h	357.80	−0.082%	$1.2M	$4.1M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0060%	8h	357.67	−0.119%	$293	$253	5x	as long as short
Extended GOOGL-USD	+0.0064%	1h	357.83	−0.073%	$426K	$2.4M	20x	as long as short
Binance GOOGLUSDT	+0.0066%	8h	358.01	−0.023%	$73.1M	$145.4M	50x	as long as short
GRVT GOOGL_USDT_Perp	+0.0087%	8h	358.09	−0.001%	$12K	$459K	10x	as long as short
Lighter GOOGL	+0.0088%	1h	357.86	−0.065%	$2.0M	$2.1M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.76	−0.094%	$42K	$20K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.78	−0.088%	$3.0M	$253K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.99	−0.029%	$36K	$17K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.79	−0.085%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.81	−0.078%	$25K	—	10x	as long as short
Nado GOOGL-PERP	+0.0112%	1h	357.56	−0.149%	$551K	$82K	20x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.97	−0.035%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0188%	8h	357.98	−0.032%	$693K	$231K	20x	as long as short
Arcus GOOGL-USD	+0.0199%	1h	357.70	−0.110%	$211K	$204K	10x	as long as short