Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.12 per $10,000 · paid last 24h −0.004%
Price spread now: Deribit against Arcus+0.031%7-day average +0.020% · 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−$22as in the Price arb table
costs, in and out, $10k−$230.231% of the position
Funding, last 3 days (all we have)+0.038%+$4 on $10k
+Price spread, last 3 days (all we have)+0.108%+$11 · spread now +0.031%, 7d avg +0.020%
=The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: +$3 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 | 356.03 | 0.0071 | pay 0.0009% / 1h | 4m 42s | $202K | $303K | 10x |
| Short | Deribit GOOGL_USDC-PERPETUAL | 356.14 | 0.0171 | get 0.0021% / 1h | 4m 42s | $22K | $151K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $21
- Price spread: +0.031% → +0.020%
- $1.08
- Slippage, 4 orders
- −$11.63
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$1.06
- Costs to cover
- 0.231%
- Break-even
- 7.4 days
Slippage from Arcus: live order book, 19 min ago; Deribit: live order book, 19 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, 19 min ago | 1.54 bp | 5.4 bp −$5 | 9.7 bp −$97 | 19.2 bp −$1,923 | doesn't fit |
| Sell Deribit live order book, 19 min ago | 0.14 bp | 3.6 bp −$4 | 7.0 bp −$70 | 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 | −0.0048% | 1h | 356.00 | −0.008% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0032% | 1h | 355.79 | −0.067% | $523K | $1.1M | 10x | as long as short |
| Aster GOOGLUSDT | 0.0000% | 8h | 356.08 | +0.014% | $362K | $455K | 20x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 356.26 | +0.065% | $11.5M | $7.7M | 100x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.11 | +0.022% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 356.24 | +0.059% | $4.6M | $2.6M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.17 | +0.041% | $23K | $507K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.23 | +0.056% | $1K | $4.2M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.29 | +0.073% | $114K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.27 | +0.067% | $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 | 356.22 | +0.053% | $422K | $1.6M | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0017% | 1h | 355.98 | −0.013% | $144K | $55K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0023% | 8h | 356.26 | +0.063% | $72.9M | $141.5M | 50x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.26 | +0.065% | $1.4M | $2.6M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.306% | $128K | $45K | 30x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0041% | 8h | 356.33 | +0.084% | $13.8M | $12.9M | 50x | as long as short |
| QFEX GOOGL-USD | +0.0043% | 1h | 356.18 | +0.042% | $1.3M | $4.7M | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.18 | +0.042% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.00 | −0.008% | $97.9M | $25.3M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.04 | +0.003% | $683K | $438K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 355.99 | −0.011% | $189 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 355.80 | −0.065% | $2.3M | $4.9M | 15x | as long as short |
| Bitget GOOGLUSDT | +0.0052% | 8h | 356.13 | +0.028% | $16.9M | $9.2M | 100x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0066% | 8h | 356.16 | +0.035% | $292 | $253 | 5x | as long as short |
| Arcus GOOGL-USDlong | +0.0071% | 1h | 356.03 | long leg | $202K | $303K | 10x | |
| BloFin GOOGL-USDT | +0.0080% | 8h | 356.15 | +0.034% | $688K | $235K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0087% | 1h | 355.92 | −0.031% | $556K | $81K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 355.89 | −0.040% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 355.79 | −0.067% | $3.0M | $68K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 355.90 | −0.037% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.10 | +0.020% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.04 | +0.004% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 355.95 | −0.022% | $137K | $48K | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUALshort | +0.0171% | 1h | 356.14 | +0.031% | $22K | $151K | 10x | |
| Lighter GOOGL | +0.0200% | 1h | 356.25 | +0.062% | $2.0M | $1.0M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0398% | 4h | 356.14 | +0.032% | $208K | $1.2M | 10x | as long as short |
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
Aster GOOGLUSDT
Bybit GOOGLUSDT
Gate GOOGL_USDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Extended GOOGL-USD
Aftermath Perps GOOGLUSD
Binance GOOGLUSDT
Lighter RH GOOGL
Injective GOOGL/USDC PERP
OKX GOOGL-USDT-SWAP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Bitget GOOGLUSDT
Paradex GOOGL-USD-PERP
BloFin GOOGL-USDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Lighter GOOGL
edgeX GOOGLUSDC