Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0069%/8hnext payment +$0.09 per $10,000 · paid last 24h +0.019%

Price spread now: Aevo against QFEX+0.001%46s7-day average — · you sell dearer than you buy

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

Long on QFEX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 46 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	QFEX GOOGL-USD	356.43	0.0035	pay 0.0004% / 1h	22m 33s	$1.3M	$4.5M	10x
Short	Aevo GOOGL-PERP	356.43	0.0104	get 0.0013% / 1h	22m 33s	$25K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against QFEX. 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 QFEXbpFee AevobpOrdersPrice spread, now +0.001%Rate

Funding earned: $14.58
Price spread: +0.001% → 0.000%: $0.1
Slippage, 4 orders: no order book: not counted
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$11.31
Costs to cover: 0.260%
Break-even: 12.4 days

Slippage unknown: QFEX: live order book, 10 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 QFEX live order book, 10 min ago	0.98 bp	6.0 bp −$6	6.0 bp −$60	8.8 bp −$879	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
Bybit GOOGLUSDT	0.0000%	8h	356.47	+0.011%	$11.3M	$7.1M	100x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.38	−0.014%	$3.6M	$7.2M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.68	+0.071%	$4.3M	$2.3M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.77	+0.096%	$23K	$521K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.49	+0.017%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.42	−0.003%	$23K	$149K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.61	+0.051%	$114K	$226K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.65	+0.062%	$2.7M	$59K	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0012%	8h	356.43	0.000%	$13.8M	$12.5M	50x	as long as short
Aster GOOGLUSDT	+0.0013%	8h	356.39	−0.012%	$362K	$482K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GOOGL-USD	+0.0024%	1h	356.40	−0.008%	$418K	$1.6M	20x	as long as short
Binance GOOGLUSDT	+0.0025%	8h	356.42	−0.002%	$73.1M	$135.8M	50x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.47	+0.011%	$1.4M	$2.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.194%	$128K	$45K	30x	as long as short
QFEX GOOGL-USDlong	+0.0035%	1h	356.43	long leg	$1.3M	$4.5M	10x
Vest GOOGL-USD-PERP	+0.0046%	1h	356.60	+0.048%	—	$3K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.34	−0.025%	$98.3M	$25.0M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.28	−0.042%	$690K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.40	−0.008%	$213	$43K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.31	−0.034%	$2.2M	$4.7M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0050%	8h	356.45	+0.006%	$292	$253	5x	as long as short
Nado GOOGL-PERP	+0.0056%	1h	356.44	+0.002%	$556K	$78K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0064%	1h	355.22	−0.339%	$518K	$1.0M	10x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.34	−0.025%	$137K	$48K	20x	as long as short
Bitget GOOGLUSDT	+0.0093%	8h	356.46	+0.008%	$17.1M	$8.6M	100x	as long as short
Aftermath Perps GOOGLUSD	+0.0096%	1h	356.38	−0.014%	$144K	$55K	10x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.47	+0.011%	$44K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.13	−0.084%	$3.0M	$68K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.62	+0.053%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.47	+0.011%	$11K	$9K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	356.56	+0.036%	$2.0M	$1.2M	20x	as long as short
Aevo GOOGL-PERPshort	+0.0104%	1h	356.43	+0.001%	$25K	—	10x
BloFin GOOGL-USDT	+0.0105%	8h	356.51	+0.022%	$700K	$221K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0176%	1h	356.39	−0.011%	$33K	—	20x	as long as short
Arcus GOOGL-USD	+0.0316%	1h	356.34	−0.025%	$202K	$302K	10x	as long as short
edgeX GOOGLUSDC	+0.0834%	4h	356.80	+0.103%	$208K	$1.1M	10x	as long as short