Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0071%/8h= +7.7% APRpaid last 24h +0.058%

Price spread now: BloFin against Aevo+0.078%53s7-day average — · you sell dearer than you buy

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

Long on Aevo Short on BloFin

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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.078% dearer against Aevo than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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	Aevo GOOGL-PERP	356.62	0.0104	pay 0.0013% / 1h	39m 38s	$25K	—	10x
Short	BloFin GOOGL-USDT	356.90	0.0175	get 0.0175% / 8h	1h 39m	$689K	$235K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aevo. 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 AevobpFee BloFinbpOrdersPrice spread, now +0.078%Rate

Funding earned: $14.81
Price spread: +0.078% → 0.000%: $7.84
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$5.35
Costs to cover: 0.280%
Break-even: 9.5 days

Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 47 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 Aevo no order-book sample	—	—	—	—	—
Sell BloFin live order book, 47 min ago	0.56 bp	7.4 bp −$7	9.2 bp −$92	21.3 bp −$2,130	doesn't fit

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	−0.0024%	1h	356.60	−0.006%	$511K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	356.85	+0.064%	$13.6M	$13.0M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.67	+0.014%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.00	+0.106%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.77	+0.043%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.91	+0.081%	$23K	$445K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.80	+0.050%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.53	−0.025%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.92	+0.084%	$114K	$212K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.02	+0.112%	$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
Aftermath Perps GOOGLUSD	+0.0023%	1h	356.63	+0.002%	$144K	$46K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.67	+0.014%	$1.3M	$2.1M	20x	as long as short
Aster GOOGLUSDT	+0.0033%	8h	357.11	+0.136%	$365K	$424K	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.140%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0038%	1h	356.78	+0.045%	$1.2M	$4.2M	10x	as long as short
Hotstuff GOOGL-PERP	+0.0040%	1h	356.62	0.000%	$33K	—	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.58	−0.011%	$207K	$278K	10x	as long as short
Nado GOOGL-PERP	+0.0042%	1h	356.58	−0.010%	$549K	$90K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.84	+0.062%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.55	−0.020%	$98.0M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.56	−0.017%	$684K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.61	−0.003%	$153	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.46	−0.045%	$2.3M	$4.8M	15x	as long as short
Binance GOOGLUSDT	+0.0054%	8h	356.76	+0.039%	$72.0M	$143.7M	50x	as long as short
Paradex GOOGL-USD-PERP	+0.0054%	8h	356.64	+0.006%	$292	$253	5x	as long as short
Extended GOOGL-USD	+0.0056%	1h	356.67	+0.013%	$423K	$1.2M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.63	+0.003%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.55	−0.021%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.56	−0.017%	$3.0M	$103K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.76	+0.039%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.63	+0.003%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERPlong	+0.0104%	1h	356.62	long leg	$25K	—	10x
Lighter GOOGL	+0.0152%	1h	356.70	+0.022%	$2.0M	$1.3M	20x	as long as short
Bybit GOOGLUSDT	+0.0174%	8h	356.81	+0.053%	$11.9M	$7.5M	100x	as long as short
BloFin GOOGL-USDTshort	+0.0175%	8h	356.90	+0.078%	$689K	$235K	20x
edgeX GOOGLUSDC	+0.0400%	4h	356.88	+0.072%	$208K	$1.2M	10x	as long as short