Funding you earn now, next payment 07:00 UTC−0.0060%/8h= −6.5% APRnext payment −$0.07 per $10,000 · paid last 24h +0.004%
Price spread now: Arcus against ApeX Omni−0.028%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Arcus is 0.028% cheaper against ApeX Omni than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 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 | ApeX Omni GOOGLUSDT | 356.99 | 0.0100 | pay 0.0013% / 1h | 50m 31s | $22K | $10K | 50x |
| Short | Arcus GOOGL-USD | 356.89 | 0.0040 | get 0.0005% / 1h | 50m 31s | $207K | $278K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$12.54
- Price spread: −0.028% → 0.000%
- −$2.8
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$29.84
- Costs to cover
- 0.145%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Arcus: live order book, 58 min ago. 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 ApeX Omni no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 58 min ago | 2.10 bp | 9.6 bp −$10 | 11.3 bp −$113 | doesn't fit | doesn't fit |
ApeX Omni: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0024% | 1h | 356.88 | −0.031% | $519K | $1.1M | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.06 | +0.020% | $13.7M | $12.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.98 | −0.003% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.21 | +0.062% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.10 | +0.030% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.18 | +0.053% | $24K | $444K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.15 | +0.045% | $2K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.81 | −0.050% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.24 | +0.070% | $115K | $212K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.25 | +0.073% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERP | +0.0002% | 1h | 356.93 | −0.018% | $554K | $88K | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0026% | 1h | 357.22 | +0.064% | $144K | $46K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.08 | +0.025% | $1.4M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.036% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0038% | 1h | 357.03 | +0.011% | $1.2M | $4.2M | 10x | as long as short |
| Aster GOOGLUSDT | +0.0040% | 8h | 357.27 | +0.077% | $365K | $424K | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0040% | 1h | 356.95 | −0.011% | $33K | — | 20x | as long as short |
| Arcus GOOGL-USDshort | +0.0040% | 1h | 356.89 | −0.028% | $207K | $278K | 10x | |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.20 | +0.059% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.90 | −0.025% | $98.1M | $21.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.95 | −0.011% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.91 | −0.022% | $158 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.84 | −0.042% | $2.3M | $4.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0055% | 8h | 357.06 | +0.019% | $293 | $253 | 5x | as long as short |
| Binance GOOGLUSDT | +0.0061% | 8h | 357.15 | +0.045% | $72.1M | $143.6M | 50x | as long as short |
| Extended GOOGL-USD | +0.0064% | 1h | 357.05 | +0.018% | $422K | $1.2M | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 356.93 | −0.017% | $137K | $36K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.91 | −0.024% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.68 | −0.087% | $3.0M | $103K | 20x | as long as short |
| ApeX Omni GOOGLUSDTlong | +0.0100% | 1h | 356.99 | long leg | $22K | $10K | 50x | |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.91 | −0.022% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.00 | +0.004% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0176% | 1h | 357.13 | +0.039% | $2.0M | $1.3M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0181% | 8h | 357.15 | +0.045% | $690K | $235K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0181% | 8h | 357.17 | +0.050% | $12.0M | $7.5M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0703% | 4h | 357.11 | +0.034% | $208K | $1.2M | 10x | as long as short |
ApeX Omni GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Aster GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Binance GOOGLUSDT
Extended GOOGL-USD
Phoenix GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
Lighter GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC