Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0525%/8h= −57.5% APRpaid last 24h −0.160%

Price spread now: Aevo against edgeX+0.046%7-day average — · you sell dearer than you buy

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

Long on edgeX 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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.046% dearer against edgeX than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX GOOGLUSDC	357.18	0.0629	pay 0.0314% / 4h	3h 43m	$208K	$1.2M	10x
Short	Aevo GOOGL-PERP	357.34	0.0104	get 0.0013% / 1h	43m 14s	$25K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against edgeX. 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 edgeXbpFee AevobpOrdersPrice spread, now +0.046%Rate

Funding earned: −$110.24
Price spread: +0.046% → 0.000%: $4.56
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$130.68
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 1 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 edgeX live order book, 1 min ago	3.22 bp	7.9 bp −$8	11.0 bp −$110	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
Gate GOOGL_USDT	0.0000%	8h	357.36	+0.051%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.52	+0.096%	$17.4M	$9.6M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.50	+0.091%	$797	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.21	+0.009%	$24K	$155K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.52	+0.096%	$115K	$220K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.52	+0.096%	$2.7M	$85K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	356.93	−0.069%	$522K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0028%	1h	357.14	−0.010%	$144K	$48K	10x	as long as short
Variational Omni GOOGL	+0.0030%	8h	357.39	+0.060%	$4.8M	$2.4M	—	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.52	+0.096%	$1.3M	$2.1M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT GOOGL_USDT_Perp	+0.0032%	8h	357.44	+0.074%	$23K	$436K	10x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.016%	$128K	$45K	30x	as long as short
Nado GOOGL-PERP	+0.0035%	1h	357.33	+0.043%	$557K	$80K	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.13	−0.013%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.53	+0.099%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.30	+0.035%	$99.1M	$20.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.23	+0.015%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.31	+0.037%	$142	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.07	−0.030%	$2.3M	$4.8M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.38	+0.057%	$1.3M	$4.2M	10x	as long as short
Aster GOOGLUSDT	+0.0088%	8h	357.60	+0.120%	$366K	$426K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0096%	1h	357.28	+0.029%	$33K	—	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.43	+0.071%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.15	−0.007%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.24	+0.018%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.34	+0.046%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERPshort	+0.0104%	1h	357.34	+0.046%	$25K	—	10x
OKX GOOGL-USDT-SWAP	+0.0106%	8h	357.45	+0.077%	$13.8M	$12.4M	50x	as long as short
Binance GOOGLUSDT	+0.0108%	8h	357.52	+0.098%	$72.5M	$141.4M	50x	as long as short
Extended GOOGL-USD	+0.0112%	1h	357.42	+0.068%	$422K	$1.8M	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0112%	8h	357.46	+0.080%	$293	$253	5x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.33	+0.043%	$137K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0228%	8h	357.49	+0.088%	$693K	$234K	20x	as long as short
Bybit GOOGLUSDT	+0.0246%	8h	357.64	+0.130%	$12.0M	$7.5M	100x	as long as short
Lighter GOOGL	+0.0264%	1h	357.50	+0.091%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDClong	+0.0629%	4h	357.18	long leg	$208K	$1.2M	10x