Funding you earn now, next payment 22:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.03 per $10,000 · paid last 24h −0.006%
Price spread now: Polymarket Perps against Arcus+0.011%7-day average −0.007% · 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−$20as in the Price arb table
costs, in and out, $10k−$220.223% of the position
Funding, last 3 days (all we have)−0.059%−$6 on $10k
+Price spread, last 4 days (all we have)−0.289%−$29 · spread now +0.011%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$1 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 | 356.00 | 0.0071 | pay 0.0009% / 1h | 4m 52s | $202K | $303K | 10x |
| Short | Polymarket Perps GOOG-USD | 356.04 | 0.0050 | get 0.0006% / 1h | 4m 52s | $683K | $438K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket 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
- −$4.49
- Price spread: +0.011% → −0.007%
- $1.87
- Slippage, 4 orders
- −$9.83
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$24.95
- Costs to cover
- 0.223%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 19 min ago; Polymarket Perps: live order book, 18 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 Polymarket Perps live order book, 18 min ago | 1.26 bp | 5.3 bp −$5 | 6.8 bp −$68 | 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 | −0.059% | $523K | $1.1M | 10x | as long as short |
| Hotstuff GOOGL-PERP | −0.0016% | 1h | 355.98 | −0.006% | $33K | — | 20x | as long as short |
| Aster GOOGLUSDT | 0.0000% | 8h | 356.08 | +0.023% | $362K | $455K | 20x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 356.26 | +0.073% | $11.5M | $7.7M | 100x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.09 | +0.025% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 356.24 | +0.067% | $4.6M | $2.6M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.17 | +0.049% | $23K | $507K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.23 | +0.065% | $1K | $4.2M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.29 | +0.081% | $114K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.27 | +0.076% | $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 | 356.21 | +0.060% | $422K | $1.6M | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0017% | 1h | 355.98 | −0.005% | $144K | $55K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0020% | 8h | 356.25 | +0.070% | $72.9M | $141.5M | 50x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.25 | +0.070% | $1.4M | $2.6M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.315% | $128K | $45K | 30x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0038% | 8h | 356.22 | +0.062% | $13.8M | $12.9M | 50x | as long as short |
| QFEX GOOGL-USD | +0.0043% | 1h | 356.11 | +0.031% | $1.3M | $4.7M | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.18 | +0.051% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.00 | 0.000% | $97.9M | $25.3M | 20x | as long as short |
| Polymarket Perps GOOG-USDshort | +0.0050% | 1h | 356.04 | +0.011% | $683K | $438K | 10x | |
| SoDEX GOOGL-USD | +0.0050% | 1h | 355.99 | −0.003% | $189 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 355.80 | −0.056% | $2.3M | $4.9M | 15x | as long as short |
| Bitget GOOGLUSDT | +0.0051% | 8h | 356.13 | +0.037% | $16.9M | $9.2M | 100x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0065% | 8h | 356.17 | +0.047% | $292 | $253 | 5x | as long as short |
| Arcus GOOGL-USDlong | +0.0071% | 1h | 356.00 | long leg | $202K | $303K | 10x | |
| BloFin GOOGL-USDT | +0.0080% | 8h | 356.15 | +0.042% | $688K | $235K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0087% | 1h | 355.92 | −0.023% | $556K | $81K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 355.89 | −0.031% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 355.79 | −0.059% | $3.0M | $68K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 355.90 | −0.028% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.10 | +0.028% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.04 | +0.013% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 355.95 | −0.014% | $137K | $48K | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0171% | 1h | 356.14 | +0.039% | $22K | $151K | 10x | as long as short |
| Lighter GOOGL | +0.0200% | 1h | 356.25 | +0.070% | $2.0M | $1.0M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0398% | 4h | 356.14 | +0.041% | $208K | $1.2M | 10x | as long as short |
Polymarket Perps GOOG-USD
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
SoDEX GOOGL-USD
Bitget GOOGLUSDT
Paradex GOOGL-USD-PERP
BloFin GOOGL-USDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Deribit GOOGL_USDC-PERPETUAL
Lighter GOOGL
edgeX GOOGLUSDC