GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0147%/8h= −16.1% APRnext payment −$0.18 per $10,000 · paid last 24h +0.007%

Price spread now: Deribit against Coinbase International+0.039%7-day average +0.084% · 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−$36as in the Price arb table

costs, in and out, $10k−$310.314% of the position

Long on Coinbase International Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.120%+$12 on $10k

Price spread, last 3 days (all we have)−0.007%−$1 · spread now +0.039%, 7d avg +0.084%

Together, before fees+0.112%+$11 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Deribit is 0.045% cheaper against Coinbase International than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.084%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.120%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International GOOGL-PERP-INTX	356.00	−0.0024	get 0.0003% / 1h	45m 29s	$528K	$1.1M	10x
Short	Deribit GOOGL_USDC-PERPETUAL	356.14	−0.0171	pay 0.0021% / 1h	45m 29s	$23K	$153K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee DeribitbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$30.87
Price spread: +0.039% → +0.084%: −$4.51
Slippage, 4 orders: −$14.37
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$66.75
Costs to cover: 0.314%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 3 min ago; Deribit: live order book, 23 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	1.97 bp	7.6 bp −$8	11.3 bp −$113	doesn't fit	doesn't fit
Sell Deribit live order book, 23 min ago	0.14 bp	3.6 bp −$4	3.7 bp −$37	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
Deribit GOOGL_USDC-PERPETUALshort	−0.0171%	1h	356.14	+0.039%	$23K	$153K	10x
Hotstuff GOOGL-PERP	−0.0104%	1h	356.45	+0.126%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTXlong	−0.0024%	1h	356.00	long leg	$528K	$1.1M	10x
Gate GOOGL_USDT	0.0000%	8h	356.53	+0.149%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	356.57	+0.160%	$16.9M	$9.3M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.45	+0.125%	$23K	$443K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.48	+0.135%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.61	+0.171%	$114K	$227K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.55	+0.154%	$2.7M	$67K	10x	as long as short
Nado GOOGL-PERP	+0.0008%	1h	356.39	+0.110%	$556K	$80K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0009%	1h	356.19	+0.055%	$144K	$51K	10x	as long as short
Variational Omni GOOGL	+0.0020%	8h	356.45	+0.126%	$4.8M	$2.3M	—	as long as short
Lighter GOOGL	+0.0032%	1h	356.54	+0.152%	$2.1M	$1.1M	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.62	+0.174%	$1.4M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.315%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	356.46	+0.129%	$1.3M	$4.5M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.27	+0.076%	$202K	$272K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.56	+0.157%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.47	+0.132%	$98.3M	$22.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.34	+0.096%	$683K	$433K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.39	+0.110%	$161	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.23	+0.065%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0063%	8h	356.53	+0.150%	$292	$253	5x	as long as short
Aster GOOGLUSDT	+0.0074%	8h	356.60	+0.168%	$364K	$458K	20x	as long as short
Bybit GOOGLUSDT	+0.0077%	8h	356.73	+0.205%	$11.6M	$7.5M	100x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.36	+0.101%	$137K	$36K	20x	as long as short
Binance GOOGLUSDT	+0.0095%	8h	356.60	+0.169%	$72.7M	$141.8M	50x	as long as short
Extended GOOGL-USD	+0.0096%	1h	356.51	+0.142%	$421K	$1.8M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.32	+0.089%	$42K	$43K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.15	+0.042%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.25	+0.070%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.43	+0.121%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.37	+0.103%	$25K	—	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0179%	8h	356.70	+0.197%	$13.8M	$12.7M	50x	as long as short
BloFin GOOGL-USDT	+0.0215%	8h	356.47	+0.132%	$651K	$234K	20x	as long as short
edgeX GOOGLUSDC	+0.0635%	4h	356.43	+0.121%	$209K	$1.2M	10x	as long as short