Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0015%/8h= +1.6% APRpaid last 24h −0.013%

Price spread now: SoDEX against Aster−0.098%7-day average — · you buy dearer than you sell

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

Long on Aster Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Funding pays, the price is against you. SoDEX is 0.098% cheaper against Aster than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 22 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster GOOGLUSDT	357.59	0.0035	pay 0.0035% / 8h	4h 05m	$369K	$41K	20x
Short	SoDEX GOOGL-USD	357.24	0.0050	get 0.0006% / 1h	5m 19s	$85	$46K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Aster. 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 AsterbpFee SoDEXbpOrdersPrice spread, now −0.098%Rate

Funding earned: $3.12
Price spread: −0.098% → 0.000%: −$9.77
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$22.65
Costs to cover: 0.160%
Break-even: 57.7 days

Slippage unknown: Aster: live order book, 35 min ago; SoDEX: 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 Aster live order book, 35 min ago	3.50 bp	28.7 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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 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
Coinbase International GOOGL-PERP-INTX	−0.0016%	1h	356.94	−0.182%	$531K	$1.2M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.41	−0.050%	$11.7M	$7.6M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.42	−0.047%	$13.4M	$13.3M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.33	−0.073%	$3.7M	$6.3M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.36	−0.063%	$5.0M	$2.3M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.42	−0.046%	$12K	$451K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.48	−0.031%	$2K	$3.4M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.56	−0.008%	$115K	$211K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.55	−0.011%	$2.7M	$116K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.40	−0.053%	$1.4M	$1.9M	20x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0033%	1h	357.31	−0.079%	$144K	$40K	10x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.131%	$128K	$45K	30x	as long as short
Aster GOOGLUSDTlong	+0.0035%	8h	357.59	long leg	$369K	$41K	20x
Vest GOOGL-USD-PERP	+0.0046%	1h	357.42	−0.047%	—	$5K	25x	as long as short
Extended GOOGL-USD	+0.0048%	1h	357.29	−0.083%	$423K	$2.9M	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.23	−0.101%	$98.0M	$20.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.27	−0.089%	$719K	$508K	10x	as long as short
SoDEX GOOGL-USDshort	+0.0050%	1h	357.24	−0.098%	$85	$46K	10x
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.98	−0.170%	$2.3M	$3.6M	15x	as long as short
Binance GOOGLUSDT	+0.0052%	8h	357.44	−0.042%	$73.0M	$141.1M	50x	as long as short
Bitget GOOGLUSDT	+0.0052%	8h	357.38	−0.059%	$18.1M	$9.4M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0058%	8h	357.26	−0.093%	$293	—	5x	as long as short
QFEX GOOGL-USD	+0.0066%	1h	357.30	−0.081%	$1.2M	$4.0M	10x	as long as short
Nado GOOGL-PERP	+0.0086%	1h	357.17	−0.116%	$549K	$85K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.06	−0.148%	$42K	$17K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.02	−0.159%	$3.0M	$369K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.14	−0.126%	$36K	$17K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.28	−0.087%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.27	−0.089%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0120%	1h	357.35	−0.067%	$2.0M	$2.2M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0136%	1h	357.24	−0.098%	$33K	—	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0142%	1h	357.21	−0.106%	$29K	$143K	10x	as long as short
BloFin GOOGL-USDT	+0.0171%	8h	357.50	−0.025%	$688K	$226K	20x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.34	−0.070%	$137K	$60K	20x	as long as short
edgeX GOOGLUSDC	+0.0186%	4h	357.38	−0.060%	$207K	$1.2M	10x	as long as short
Arcus GOOGL-USD	+0.0303%	1h	357.22	−0.103%	$212K	$204K	10x	as long as short