Funding arb · Price arb /

GOOGL

RWAall GOOGL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h −0.005%

Price spread now: Aevo against Variational Omni−0.033%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Aevo

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 airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.033% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni GOOGL	357.30	0	get 0.0000% / 8h	2h 04m	$4.7M	$2.4M	—
Short	Aevo GOOGL-PERP	357.18	0.0104	get 0.0013% / 1h	4m 01s	$25K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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 Variational OmnibpFee AevobpOrdersPrice spread, now −0.033%Rate

Funding earned: $21.84
Price spread: −0.033% → 0.000%: −$3.31
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: $2.53
Costs to cover: 0.160%
Break-even: 6.2 days

Slippage unknown: Variational Omni: RFQ quote, just now; 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 Variational Omni RFQ quote, just now	2.62 bp	doesn't fit	7.9 bp −$79	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
Nado GOOGL-PERP	−0.0023%	1h	357.11	−0.055%	$557K	$86K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.28	−0.006%	$13.7M	$12.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.17	−0.037%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.37	+0.019%	$17.3M	$9.9M	100x	as long as short
Variational Omni GOOGLlong	0.0000%	8h	357.30	long leg	$4.7M	$2.4M	—
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.38	+0.022%	$23K	$445K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.30	−0.001%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.06	−0.068%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.30	−0.001%	$115K	$213K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.48	+0.050%	$2.7M	$87K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	356.88	−0.118%	$519K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0020%	1h	357.28	−0.006%	$145K	$47K	10x	as long as short
Hotstuff GOOGL-PERP	+0.0024%	1h	357.13	−0.048%	$33K	—	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.28	−0.006%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.051%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.11	−0.054%	$207K	$278K	10x	as long as short
Aster GOOGLUSDT	+0.0044%	8h	357.45	+0.040%	$366K	$426K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.37	+0.019%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.23	−0.020%	$1.2M	$4.2M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.05	−0.071%	$98.2M	$21.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.08	−0.062%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.05	−0.071%	$158	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.03	−0.076%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0057%	8h	357.22	−0.023%	$293	$253	5x	as long as short
Extended GOOGL-USD	+0.0064%	1h	357.19	−0.032%	$422K	$1.2M	20x	as long as short
Binance GOOGLUSDT	+0.0065%	8h	357.28	−0.006%	$72.0M	$143.6M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.06	−0.067%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.83	−0.132%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.16	−0.040%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.09	−0.059%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERPshort	+0.0104%	1h	357.18	−0.033%	$25K	—	10x
Lighter GOOGL	+0.0112%	1h	357.29	−0.003%	$2.0M	$1.3M	20x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.21	−0.026%	$137K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0185%	8h	357.36	+0.016%	$685K	$236K	20x	as long as short
Bybit GOOGLUSDT	+0.0194%	8h	357.32	+0.005%	$12.0M	$7.6M	100x	as long as short
edgeX GOOGLUSDC	+0.0663%	4h	357.31	+0.003%	$208K	$1.2M	10x	as long as short