GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0170%/8h= +18.7% APRnext payment +$0.21 per $10,000 · paid last 24h +0.036%

Price spread now: Arcus against Deribit+0.008%7-day average −0.017% · 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−$250.245% of the position

Long on Deribit Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.013%−$1 on $10k

Price spread, last 4 days (all we have)−0.147%−$15 · spread now +0.008%, 7d avg −0.017%

Together, before fees−0.160%−$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Arcus is 0.026% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit GOOGL_USDC-PERPETUAL	358.47	0.0029	pay 0.0004% / 1h	56m 56s	$29K	$152K	10x
Short	Arcus GOOGL-USD	358.50	0.0199	get 0.0025% / 1h	56m 56s	$211K	$245K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Deribit. 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 DeribitbpFee ArcusbpOrdersPrice spread, now +0.008%Rate

Funding earned: $35.78
Price spread: +0.008% → −0.017%: $2.57
Slippage, 4 orders: −$13.03
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $13.83
Costs to cover: 0.245%
Break-even: 4.3 days

Slippage from Deribit: live order book, 54 min ago; Arcus: live order book, 54 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 Deribit live order book, 54 min ago	0.14 bp	3.6 bp −$4	5.6 bp −$56	doesn't fit	doesn't fit
Sell Arcus live order book, 54 min ago	2.65 bp	6.3 bp −$6	7.0 bp −$70	16.8 bp −$1,676	doesn't fit

GOOGL on 36 exchanges

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	−0.1600%	1h	357.90	−0.159%	$33K	—	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0040%	1h	358.38	−0.025%	$530K	$1.2M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	358.53	+0.017%	$11.6M	$7.7M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	358.46	−0.003%	$13.6M	$13.6M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.43	−0.011%	$3.7M	$6.7M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.53	+0.017%	$17.4M	$9.7M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.67	+0.056%	$1K	$3.7M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.78	+0.086%	$115K	$211K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.89	+0.117%	$2.7M	$114K	10x	as long as short
Variational Omni GOOGL	+0.0011%	8h	359.14	+0.187%	$5.0M	$2.3M	—	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0027%	1h	358.71	+0.067%	$145K	$42K	10x	as long as short
Deribit GOOGL_USDC-PERPETUALlong	+0.0029%	1h	358.47	long leg	$29K	$152K	10x
Lighter RH GOOGL	+0.0032%	1h	358.62	+0.042%	$1.3M	$1.7M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.377%	$128K	$45K	30x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	358.75	+0.078%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	358.32	−0.042%	$98.1M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	358.43	−0.011%	$686K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	358.45	−0.006%	$113	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	358.30	−0.047%	$2.3M	$3.9M	15x	as long as short
QFEX GOOGL-USD	+0.0060%	1h	358.64	+0.047%	$1.3M	$4.1M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0061%	8h	358.59	+0.033%	$294	$253	5x	as long as short
Aster GOOGLUSDT	+0.0065%	8h	358.46	−0.002%	$368K	$420K	20x	as long as short
Nado GOOGL-PERP	+0.0067%	1h	358.45	−0.006%	$553K	$82K	20x	as long as short
Binance GOOGLUSDT	+0.0085%	8h	358.52	+0.014%	$73.2M	$144.5M	50x	as long as short
Extended GOOGL-USD	+0.0088%	1h	358.39	−0.022%	$426K	$2.4M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	358.36	−0.030%	$42K	$20K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	358.35	−0.033%	$3.0M	$241K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	358.70	+0.064%	$27K	$13K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.54	+0.020%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	358.53	+0.018%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0120%	1h	358.58	+0.031%	$2.0M	$2.1M	20x	as long as short
Phoenix GOOGL	+0.0134%	1h	358.95	+0.134%	$138K	$36K	20x	as long as short
GRVT GOOGL_USDT_Perp	+0.0172%	8h	359.28	+0.226%	$24K	$450K	10x	as long as short
Arcus GOOGL-USDshort	+0.0199%	1h	358.50	+0.008%	$211K	$245K	10x
BloFin GOOGL-USDT	+0.0205%	8h	358.74	+0.075%	$690K	$242K	20x	as long as short
edgeX GOOGLUSDC	+0.0388%	4h	359.09	+0.173%	$210K	$1.2M	10x	as long as short