Funding you earn now, next payment 00:00 UTC−0.0200%/8h= −21.8% APRnext payment −$0.25 per $10,000 · paid last 24h −0.011%
Price spread now: tradeXYZ against Arcus−0.014%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$330.328% of the position
Funding, last 3 days (all we have)−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)−0.045%−$5 · spread now −0.014%, 7d avg −0.019%
=Together, before fees−0.117%+ Points / potential airdroptradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$6 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 | 356.34 | 0.0250 | pay 0.0031% / 1h | 13m 34s | $202K | $271K | 10x |
| Short | tradeXYZ xyz:GOOGL | 356.29 | 0.0050 | get 0.0006% / 1h | 13m 34s | $98.2M | $25.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$41.9
- Price spread: −0.014% → −0.019%
- $0.54
- Slippage, 4 orders
- −$10.34
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$74.21
- Costs to cover
- 0.328%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 65 min ago; tradeXYZ: live order book, 6 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, 65 min ago | 2.25 bp | 5.8 bp −$6 | 10.7 bp −$107 | 21.5 bp −$2,154 | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 0.14 bp | 11.0 bp −$11 | 13.4 bp −$134 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GOOGL_USDT | 0.0000% | 8h | 356.44 | +0.028% | $3.6M | $7.5M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.57 | +0.065% | $1K | $4.2M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.69 | +0.098% | $115K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.61 | +0.076% | $2.7M | $66K | 10x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0008% | 1h | 356.24 | −0.028% | $530K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0018% | 1h | 356.38 | +0.013% | $144K | $53K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.58 | +0.067% | $1.4M | $2.5M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.219% | $128K | $45K | 30x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0043% | 8h | 356.58 | +0.066% | $23K | $472K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.48 | +0.039% | — | $5K | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOOGLshort | +0.0050% | 1h | 356.29 | −0.014% | $98.2M | $25.5M | 20x | |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.30 | −0.011% | $683K | $437K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.29 | −0.014% | $178 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.16 | −0.051% | $2.3M | $4.9M | 15x | as long as short |
| Variational Omni GOOGL | +0.0059% | 8h | 356.56 | +0.063% | $4.7M | $2.6M | — | as long as short |
| QFEX GOOGL-USD | +0.0060% | 1h | 356.49 | +0.042% | $1.3M | $4.9M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0088% | 8h | 356.49 | +0.042% | $292 | $253 | 5x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.20 | −0.040% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.32 | −0.006% | $3.0M | $66K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.35 | +0.003% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.42 | +0.022% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.48 | +0.038% | $25K | — | 10x | as long as short |
| Aster GOOGLUSDT | +0.0109% | 8h | 356.72 | +0.106% | $363K | $457K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0111% | 1h | 356.26 | −0.023% | $559K | $81K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0126% | 8h | 356.64 | +0.084% | $11.5M | $7.8M | 100x | as long as short |
| Extended GOOGL-USD | +0.0128% | 1h | 356.53 | +0.055% | $422K | $1.6M | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0128% | 1h | 356.27 | −0.020% | $33K | — | 20x | as long as short |
| Binance GOOGLUSDT | +0.0129% | 8h | 356.61 | +0.076% | $73.1M | $143.0M | 50x | as long as short |
| Bitget GOOGLUSDT | +0.0132% | 8h | 356.57 | +0.065% | $16.9M | $9.3M | 100x | as long as short |
| Phoenix GOOGL | +0.0157% | 1h | 356.32 | −0.006% | $137K | $48K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0179% | 8h | 356.59 | +0.070% | $13.8M | $12.9M | 50x | as long as short |
| edgeX GOOGLUSDC | +0.0206% | 4h | 356.57 | +0.063% | $210K | $1.2M | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0249% | 8h | 356.63 | +0.081% | $692K | $236K | 20x | as long as short |
| Arcus GOOGL-USDlong | +0.0250% | 1h | 356.34 | long leg | $202K | $271K | 10x | |
| Lighter GOOGL | +0.0264% | 1h | 356.54 | +0.056% | $2.1M | $1.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0368% | 1h | 356.43 | +0.025% | $23K | $152K | 10x | as long as short |
tradeXYZ xyz:GOOGL
Gate GOOGL_USDT
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
GRVT GOOGL_USDT_Perp
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Variational Omni GOOGL
Paradex GOOGL-USD-PERP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Aster GOOGLUSDT
Bybit GOOGLUSDT
Extended GOOGL-USD
Binance GOOGLUSDT
Bitget GOOGLUSDT
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
edgeX GOOGLUSDC
BloFin GOOGL-USDT
Lighter GOOGL
Deribit GOOGL_USDC-PERPETUAL