Funding you earn now, next payment 22:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.07 per $10,000 · paid last 24h −0.013%
Price spread now: Aftermath Perps against Arcus+0.007%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 3 days (all we have)−0.095%−$10 on $10k
+Price spread, last 3 days (all we have)+0.020%+$2 · spread now +0.007%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus GOOGL-USD | 355.94 | 0.0071 | pay 0.0009% / 1h | 10m 01s | $202K | $303K | 10x |
| Short | Aftermath Perps GOOGLUSD | 355.96 | 0.0017 | get 0.0002% / 1h | 10m 01s | $144K | $55K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Arcus. 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
- −$11.45
- Price spread: +0.007% → +0.010%
- −$0.34
- Slippage, 4 orders
- −$20.45
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$45.74
- Costs to cover
- 0.339%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 14 min ago; Aftermath Perps: live order book, 14 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 Arcus live order book, 14 min ago | 1.54 bp | 5.4 bp −$5 | 9.7 bp −$97 | 19.2 bp −$1,923 | doesn't fit |
| Sell Aftermath Perps live order book, 14 min ago | 6.67 bp | 11.2 bp −$11 | 21.1 bp −$211 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0032% | 1h | 355.79 | −0.042% | $523K | $1.1M | 10x | as long as short |
| Aster GOOGLUSDT | 0.0000% | 8h | 355.90 | −0.010% | $361K | $455K | 20x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 356.16 | +0.062% | $11.5M | $7.7M | 100x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.01 | +0.020% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 356.13 | +0.052% | $4.6M | $2.6M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.17 | +0.063% | $23K | $509K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.13 | +0.053% | $1K | $4.2M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.01 | +0.020% | $22K | $151K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.22 | +0.079% | $114K | $223K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.20 | +0.073% | $2.7M | $64K | 10x | 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 | +0.0016% | 1h | 356.10 | +0.046% | $422K | $1.6M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0017% | 8h | 356.14 | +0.056% | $72.8M | $141.5M | 50x | as long as short |
| Aftermath Perps GOOGLUSDshort | +0.0017% | 1h | 355.96 | +0.007% | $144K | $55K | 10x | |
| Lighter RH GOOGL | +0.0032% | 1h | 356.25 | +0.087% | $1.4M | $2.6M | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0033% | 8h | 356.15 | +0.059% | $13.8M | $12.9M | 50x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.332% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0043% | 1h | 356.05 | +0.031% | $1.3M | $4.7M | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.24 | +0.084% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 355.97 | +0.008% | $97.9M | $25.4M | 20x | as long as short |
| Bitget GOOGLUSDT | +0.0050% | 8h | 356.10 | +0.045% | $17.0M | $9.2M | 100x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.02 | +0.022% | $683K | $438K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 355.95 | +0.003% | $190 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 355.77 | −0.048% | $2.3M | $4.9M | 15x | as long as short |
| Hotstuff GOOGL-PERP | +0.0056% | 1h | 355.94 | 0.000% | $33K | — | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0063% | 8h | 356.12 | +0.051% | $689K | $235K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0066% | 8h | 356.12 | +0.050% | $292 | $253 | 5x | as long as short |
| Arcus GOOGL-USDlong | +0.0071% | 1h | 355.94 | long leg | $202K | $303K | 10x | |
| Nado GOOGL-PERP | +0.0085% | 1h | 355.92 | −0.005% | $556K | $81K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 355.89 | −0.013% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 355.78 | −0.045% | $3.0M | $68K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 355.86 | −0.022% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.09 | +0.042% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.01 | +0.019% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 356.05 | +0.031% | $137K | $48K | 20x | as long as short |
| Lighter GOOGL | +0.0192% | 1h | 356.21 | +0.076% | $2.0M | $1.0M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0416% | 4h | 356.18 | +0.067% | $208K | $1.2M | 10x | as long as short |
Aftermath Perps GOOGLUSD
Coinbase International GOOGL-PERP-INTX
Aster GOOGLUSDT
Bybit GOOGLUSDT
Gate GOOGL_USDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Extended GOOGL-USD
Binance GOOGLUSDT
Lighter RH GOOGL
OKX GOOGL-USDT-SWAP
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Bitget GOOGLUSDT
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
BloFin GOOGL-USDT
Paradex GOOGL-USD-PERP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Lighter GOOGL
edgeX GOOGLUSDC