Funding you earn now, next payment 07:00 UTC+0.0088%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h +0.025%
Price spread now: Arcus against Coinbase International+0.042%7-day average +0.065% · 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−$35as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 4 days (all we have)+0.106%+$11 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.042%, 7d avg +0.065%
=Funding pays, the price is against you. Arcus is 0.023% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.065%). If the spread goes back, that is −$2 on $10k: about 21 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International GOOGL-PERP-INTX | 357.09 | −0.0048 | get 0.0006% / 1h | 20m 11s | $512K | $1.1M | 10x |
| Short | Arcus GOOGL-USD | 357.24 | 0.0040 | get 0.0005% / 1h | 20m 11s | $207K | $279K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Coinbase International. 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
- $18.54
- Price spread: +0.042% → +0.065%
- −$2.29
- Slippage, 4 orders
- −$18.18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$16.43
- Costs to cover
- 0.327%
- Break-even
- 13.2 days
Slippage from Coinbase International: live order book, 3 min ago; Arcus: 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 Coinbase International live order book, 3 min ago | 1.96 bp | 8.1 bp −$8 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 18 min ago | 1.68 bp | 8.9 bp −$9 | 11.1 bp −$111 | 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-INTXlong | −0.0048% | 1h | 357.09 | long leg | $512K | $1.1M | 10x | |
| Nado GOOGL-PERP | −0.0006% | 1h | 357.40 | +0.088% | $550K | $88K | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | −0.0002% | 1h | 357.29 | +0.056% | $24K | $157K | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.49 | +0.112% | $13.6M | $12.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.38 | +0.081% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.61 | +0.146% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.51 | +0.118% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.49 | +0.112% | $23K | $450K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.57 | +0.134% | $1K | $4.0M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.66 | +0.160% | $115K | $210K | 30x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.54 | +0.126% | $2.7M | $88K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0007% | 8h | 357.57 | +0.134% | $366K | $424K | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0023% | 1h | 357.36 | +0.076% | $144K | $45K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0029% | 8h | 357.57 | +0.134% | $72.1M | $143.3M | 50x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.50 | +0.115% | $1.4M | $1.9M | 20x | as long as short |
| Extended GOOGL-USD | +0.0032% | 1h | 357.48 | +0.108% | $427K | $2.5M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.008% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0035% | 1h | 357.47 | +0.106% | $1.3M | $4.1M | 10x | as long as short |
| Arcus GOOGL-USDshort | +0.0040% | 1h | 357.24 | +0.042% | $207K | $279K | 10x | |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.66 | +0.160% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.34 | +0.070% | $98.2M | $21.3M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.28 | +0.053% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.32 | +0.064% | $135 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.11 | +0.006% | $2.3M | $4.6M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0051% | 8h | 357.50 | +0.114% | $293 | $253 | 5x | as long as short |
| KuCoin GOOGLUSDTM | +0.0055% | 8h | 357.07 | −0.006% | $3.0M | $105K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0088% | 8h | 357.56 | +0.132% | $11.5M | $7.9M | 100x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.30 | +0.058% | $42K | $35K | 10x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.29 | +0.056% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.38 | +0.081% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.42 | +0.092% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0112% | 1h | 357.56 | +0.132% | $2.0M | $1.4M | 20x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.25 | +0.045% | $137K | $36K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0116% | 8h | 357.53 | +0.123% | $689K | $236K | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0144% | 1h | 357.27 | +0.050% | $33K | — | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0435% | 4h | 357.34 | +0.071% | $208K | $1.2M | 10x | as long as short |
Coinbase International GOOGL-PERP-INTX
Deribit GOOGL_USDC-PERPETUAL
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aster GOOGLUSDT
Aftermath Perps GOOGLUSD
Binance GOOGLUSDT
Lighter RH GOOGL
Extended GOOGL-USD
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
KuCoin GOOGLUSDTM
Bybit GOOGLUSDT
Pacifica GOOGL
ApeX Omni GOOGLUSDT
Lighter GOOGL
Phoenix GOOGL
BloFin GOOGL-USDT
edgeX GOOGLUSDC