GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0186%/8h= +20.3% APRnext payment +$0.23 per $10,000 · paid last 24h −0.013%

Price spread now: Arcus against Extended−0.072%7-day average −0.034% · 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−$28as in the Price arb table

costs, in and out, $10k−$250.245% of the position

Long on Extended Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.053%+$5 on $10k

Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.072%, 7d avg −0.034%

Together, before fees+0.145%+ Points / potential airdropExtended: Active · farm board+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Arcus is 0.038% cheaper against Extended than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.034%). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.053% in total) that is about 2.4 days.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.053% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GOOGL-USD	356.41	0.0120	pay 0.0015% / 1h	32m 11s	$421K	$2.0M	20x
Short	Arcus GOOGL-USD	356.15	0.0306	get 0.0038% / 1h	32m 11s	$202K	$271K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Extended. 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 ExtendedbpFee ArcusbpOrdersPrice spread, now −0.072%Rate

Funding earned: $38.99
Price spread: −0.072% → −0.034%: −$3.77
Slippage, 4 orders: −$15.02
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $10.7
Costs to cover: 0.245%
Break-even: 5.1 days

Slippage from Extended: live order book, 1 min ago; Arcus: live order book, 41 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 Extended live order book, 1 min ago	0.14 bp	3.5 bp −$4	12.5 bp −$125	doesn't fit	doesn't fit
Sell Arcus live order book, 41 min ago	1.82 bp	5.7 bp −$6	6.0 bp −$60	15.9 bp −$1,589	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
Hotstuff GOOGL-PERP	−0.0048%	1h	356.29	−0.033%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.38	−0.008%	$3.6M	$7.5M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.39	−0.004%	$23K	$467K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.52	+0.032%	$1K	$4.2M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.29	−0.033%	$23K	$153K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.63	+0.063%	$114K	$225K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.45	+0.012%	$2.7M	$66K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0015%	1h	356.12	−0.080%	$144K	$52K	10x	as long as short
Lighter GOOGL	+0.0032%	1h	356.42	+0.004%	$2.1M	$1.1M	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.49	+0.023%	$1.4M	$2.3M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International GOOGL-PERP-INTX	+0.0032%	1h	355.85	−0.156%	$528K	$1.1M	10x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.200%	$128K	$45K	30x	as long as short
Nado GOOGL-PERP	+0.0042%	1h	356.32	−0.025%	$558K	$80K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.50	+0.026%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.23	−0.050%	$98.2M	$22.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.30	−0.030%	$683K	$441K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.26	−0.041%	$166	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.10	−0.086%	$2.2M	$5.0M	15x	as long as short
Variational Omni GOOGL	+0.0057%	8h	356.37	−0.010%	$4.8M	$2.7M	—	as long as short
QFEX GOOGL-USD	+0.0064%	1h	356.42	+0.004%	$1.3M	$4.7M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0081%	8h	356.49	+0.022%	$292	$253	5x	as long as short
Bitget GOOGLUSDT	+0.0090%	8h	356.50	+0.026%	$17.0M	$9.3M	100x	as long as short
Aster GOOGLUSDT	+0.0099%	8h	356.64	+0.065%	$365K	$457K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.30	−0.031%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	355.99	−0.117%	$3.0M	$66K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.18	−0.064%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.33	−0.022%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.37	−0.011%	$25K	—	10x	as long as short
Bybit GOOGLUSDT	+0.0110%	8h	356.53	+0.035%	$11.5M	$7.7M	100x	as long as short
Binance GOOGLUSDT	+0.0120%	8h	356.48	+0.021%	$72.9M	$142.3M	50x	as long as short
Extended GOOGL-USDlong	+0.0120%	1h	356.41	long leg	$421K	$2.0M	20x
Phoenix GOOGL	+0.0157%	1h	356.21	−0.055%	$137K	$48K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0192%	8h	356.41	+0.001%	$13.8M	$12.7M	50x	as long as short
BloFin GOOGL-USDT	+0.0241%	8h	356.40	−0.002%	$690K	$234K	20x	as long as short
Arcus GOOGL-USDshort	+0.0306%	1h	356.15	−0.072%	$202K	$271K	10x
edgeX GOOGLUSDC	+0.0581%	4h	356.41	+0.002%	$209K	$1.2M	10x	as long as short