Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0024%/8h= −2.6% APRpaid last 24h +0.036%

Price spread now: Aster against Polymarket Perps−0.009%7-day average +0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$440.440% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.065%+$6 · spread now −0.009%, 7d avg +0.080%

Together, before fees+0.063%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.089% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.080%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps GOOG-USD	357.68	0.0050	pay 0.0006% / 1h	4m 16s	$686K	$429K	10x
Short	Aster GOOGLUSDT	357.65	0.0026	get 0.0026% / 8h	5h 04m	$366K	$457K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Polymarket 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 Polymarket PerpsbpFee AsterbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$4.96
Price spread: −0.009% → +0.080%: −$8.86
Slippage, 4 orders: −$27.99
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$57.8
Costs to cover: 0.440%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 59 min ago; Aster: live order book, 58 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 Polymarket Perps live order book, 59 min ago	1.54 bp	7.4 bp −$7	9.0 bp −$90	10.0 bp −$998	doesn't fit
Sell Aster live order book, 58 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
Hotstuff GOOGL-PERP	−0.0072%	1h	357.70	+0.006%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0064%	1h	357.46	−0.062%	$524K	$1.1M	10x	as long as short
Nado GOOGL-PERP	−0.0013%	1h	357.65	−0.009%	$558K	$80K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.83	+0.042%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.92	+0.066%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.95	+0.075%	$23K	$435K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.98	+0.084%	$2K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.99	+0.087%	$115K	$222K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.99	+0.087%	$2.7M	$81K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0005%	1h	357.62	−0.017%	$144K	$49K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GOOGLUSDTshort	+0.0026%	8h	357.65	−0.009%	$366K	$457K	20x
QFEX GOOGL-USD	+0.0028%	1h	357.89	+0.059%	$1.3M	$4.3M	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.93	+0.070%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.157%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.65	−0.008%	$208K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.87	+0.053%	—	$5K	25x	as long as short
Binance GOOGLUSDT	+0.0047%	8h	357.91	+0.064%	$73.0M	$141.3M	50x	as long as short
Extended GOOGL-USD	+0.0048%	1h	357.82	+0.039%	$426K	$1.8M	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.70	+0.006%	$99.1M	$21.1M	20x	as long as short
Polymarket Perps GOOG-USDlong	+0.0050%	1h	357.68	long leg	$686K	$429K	10x
SoDEX GOOGL-USD	+0.0050%	1h	357.66	−0.006%	$151	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.61	−0.020%	$2.3M	$4.9M	15x	as long as short
Bitget GOOGLUSDT	+0.0062%	8h	357.95	+0.075%	$17.5M	$9.6M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0073%	8h	357.86	+0.050%	$293	$253	5x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.84	+0.045%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.47	−0.059%	$3.0M	$69K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.65	−0.008%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.83	+0.042%	$10K	$10K	20x	as long as short
Bybit GOOGLUSDT	+0.0101%	8h	358.09	+0.115%	$12.0M	$7.6M	100x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.79	+0.030%	$25K	—	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0107%	8h	357.90	+0.062%	$13.8M	$12.4M	50x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.80	+0.034%	$138K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0166%	8h	357.99	+0.087%	$697K	$234K	20x	as long as short
Lighter GOOGL	+0.0168%	1h	357.97	+0.081%	$2.1M	$1.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0169%	1h	357.75	+0.020%	$24K	$155K	10x	as long as short
edgeX GOOGLUSDC	+0.0853%	4h	357.90	+0.060%	$209K	$1.2M	10x	as long as short