GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0134%/8h= −14.6% APRnext payment −$0.17 per $10,000 · paid last 24h +0.005%

Price spread now: Coinbase International against Deribit−0.014%7-day average −0.084% · 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−$21as in the Price arb table

costs, in and out, $10k−$280.284% of the position

Long on Deribit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.112%−$11 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.014%, 7d avg −0.084%

Together, before fees−0.129%−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.070% dearer against Deribit than usual: you sell high and buy low (spread −0.014% now, against its 7-day average of −0.084%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit GOOGL_USDC-PERPETUAL	357.59	0.0086	pay 0.0011% / 1h	19m 29s	$24K	$155K	10x
Short	Coinbase International GOOGL-PERP-INTX	357.54	−0.0048	pay 0.0006% / 1h	19m 29s	$526K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.014%Rate

Funding earned: −$28.07
Price spread: −0.014% → −0.084%: $6.96
Slippage, 4 orders: −$11.44
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$49.55
Costs to cover: 0.284%
Break-even: never at this rate

Slippage from Deribit: live order book, 39 min ago; Coinbase International: live order book, 4 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, 39 min ago	0.14 bp	3.6 bp −$4	5.4 bp −$54	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	2.52 bp	8.0 bp −$8	10.1 bp −$101	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-INTXshort	−0.0048%	1h	357.54	−0.014%	$526K	$1.1M	10x
Gate GOOGL_USDT	0.0000%	8h	357.62	+0.008%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.78	+0.053%	$17.4M	$9.6M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.72	+0.036%	$23K	$434K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.81	+0.062%	$905	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.93	+0.095%	$115K	$221K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.86	+0.076%	$2.7M	$86K	10x	as long as short
Variational Omni GOOGL	+0.0004%	8h	357.76	+0.047%	$4.8M	$2.3M	—	as long as short
Aftermath Perps GOOGLUSD	+0.0018%	1h	357.57	−0.005%	$144K	$49K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.75	+0.045%	$1.3M	$2.1M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.131%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.46	−0.036%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.74	+0.042%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0050%	1h	357.66	+0.020%	$1.3M	$4.2M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.53	−0.017%	$99.1M	$20.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.49	−0.028%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.58	−0.003%	$145	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.41	−0.050%	$2.3M	$4.9M	15x	as long as short
Aster GOOGLUSDT	+0.0070%	8h	357.90	+0.085%	$366K	$457K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0080%	1h	357.53	−0.017%	$33K	—	20x	as long as short
Nado GOOGL-PERP	+0.0085%	1h	357.49	−0.027%	$558K	$81K	20x	as long as short
Deribit GOOGL_USDC-PERPETUALlong	+0.0086%	1h	357.59	long leg	$24K	$155K	10x
Extended GOOGL-USD	+0.0088%	1h	357.66	+0.018%	$426K	$1.8M	20x	as long as short
Binance GOOGLUSDT	+0.0089%	8h	357.75	+0.045%	$73.0M	$141.2M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.47	−0.035%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.33	−0.073%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.50	−0.025%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.66	+0.020%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.69	+0.028%	$25K	—	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0109%	8h	357.65	+0.018%	$293	$253	5x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.56	−0.008%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0113%	8h	357.73	+0.039%	$13.8M	$12.4M	50x	as long as short
BloFin GOOGL-USDT	+0.0208%	8h	357.80	+0.059%	$695K	$234K	20x	as long as short
Bybit GOOGLUSDT	+0.0210%	8h	357.88	+0.081%	$12.0M	$7.6M	100x	as long as short
Lighter GOOGL	+0.0280%	1h	357.76	+0.048%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0683%	4h	357.70	+0.031%	$209K	$1.2M	10x	as long as short