Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.034%

Price spread now: Aster against Aftermath Perps+0.009%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$550.553% of the position

Long on Aftermath Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.075%+$8 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now +0.009%, 7d avg +0.063%

Together, before fees+0.061%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.054% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread +0.009% now, against its 7-day average of +0.063%). If the spread goes back, that is −$5 on $10k: about 11 days of funding at the current rate ($0 a day). At the pace of the last 3 days (+0.075% in total) that is about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps GOOGLUSD	357.58	0.0003	pay 0.0000% / 1h	28m 46s	$144K	$50K	10x
Short	Aster GOOGLUSDT	357.61	0.0019	get 0.0019% / 8h	5h 28m	$366K	$458K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aftermath Perps. 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 Aftermath PerpsbpFee AsterbpOrdersPrice spread, now +0.009%Rate

Funding earned: $3.38
Price spread: +0.009% → +0.063%: −$5.41
Slippage, 4 orders: −$38.32
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$57.35
Costs to cover: 0.553%
Break-even: 125.7 days

Slippage from Aftermath Perps: live order book, 35 min ago; Aster: live order book, 34 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 Aftermath Perps live order book, 35 min ago	4.28 bp	14.1 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 34 min ago	2.80 bp	6.8 bp −$7	8.7 bp −$87	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
Deribit GOOGL_USDC-PERPETUAL	−0.0086%	1h	357.47	−0.030%	$23K	$154K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0064%	1h	357.46	−0.033%	$524K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0054%	1h	357.67	+0.027%	$558K	$81K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.64	+0.018%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.71	+0.038%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.75	+0.049%	$23K	$437K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.83	+0.071%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.92	+0.096%	$115K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.87	+0.082%	$2.7M	$77K	10x	as long as short
Aftermath Perps GOOGLUSDlong	+0.0003%	1h	357.58	long leg	$144K	$50K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit GOOGLUSDT	+0.0014%	8h	357.87	+0.082%	$11.8M	$7.5M	100x	as long as short
Aster GOOGLUSDTshort	+0.0019%	8h	357.61	+0.009%	$366K	$458K	20x
QFEX GOOGL-USD	+0.0028%	1h	357.68	+0.029%	$1.3M	$4.3M	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.72	+0.040%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.128%	$128K	$45K	30x	as long as short
Binance GOOGLUSDT	+0.0040%	8h	357.73	+0.042%	$72.9M	$141.2M	50x	as long as short
Extended GOOGL-USD	+0.0040%	1h	357.63	+0.015%	$426K	$1.8M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0040%	1h	357.61	+0.009%	$33K	—	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.49	−0.024%	$208K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.88	+0.085%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.52	−0.016%	$99.1M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.48	−0.027%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.60	+0.007%	$134	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.49	−0.024%	$2.2M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0053%	8h	357.69	+0.032%	$293	$253	5x	as long as short
Bitget GOOGLUSDT	+0.0076%	8h	357.79	+0.060%	$17.0M	$9.3M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.49	−0.025%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.50	−0.021%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.58	+0.001%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.71	+0.037%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.64	+0.019%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.71	+0.037%	$138K	$36K	20x	as long as short
Lighter GOOGL	+0.0112%	1h	357.74	+0.046%	$2.1M	$1.2M	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0112%	8h	357.78	+0.057%	$13.8M	$12.4M	50x	as long as short
BloFin GOOGL-USDT	+0.0160%	8h	357.69	+0.032%	$697K	$234K	20x	as long as short
edgeX GOOGLUSDC	+0.0514%	4h	357.77	+0.053%	$209K	$1.2M	10x	as long as short