GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.08 per $10,000 · paid last 24h +0.004%

Price spread now: Phoenix against Extended−0.137%88s7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$240.238% of the position

Long on Extended Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.072%+$7 on $10k

Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.137%, 7d avg −0.034%

Together, before fees+0.120%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.103% cheaper against Extended than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of −0.034%). If the spread goes back, that is −$10 on $10k: about 5.3 days of funding at the current rate (+$2 a day). The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended GOOGL-USD	357.56	0.0024	pay 0.0003% / 1h	35m 56s	$424K	$2.5M	20x
Short	Phoenix GOOGL	357.07	0.0090	get 0.0011% / 1h	35m 56s	$137K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.137%Rate

Funding earned: $13.77
Price spread: −0.137% → −0.034%: −$10.34
Slippage, 4 orders: −$11.75
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$20.33
Costs to cover: 0.238%
Break-even: 17.3 days

Slippage from Extended: live order book, 3 min ago; Phoenix: live order book, 55 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, 3 min ago	0.14 bp	3.5 bp −$4	12.5 bp −$125	doesn't fit	doesn't fit
Sell Phoenix live order book, 55 min ago	2.52 bp	8.4 bp −$8	17.2 bp −$172	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-INTX	−0.0080%	1h	357.28	−0.078%	$517K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.79	+0.065%	$367K	$422K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.58	+0.006%	$13.5M	$12.9M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.49	−0.019%	$3.6M	$7.1M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.77	+0.059%	$17.3M	$9.6M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.24	−0.091%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.57	+0.003%	$23K	$431K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.55	−0.003%	$1K	$3.9M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.45	−0.031%	$24K	$148K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.75	+0.053%	$115K	$209K	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	357.69	+0.036%	$2.7M	$91K	10x	as long as short
Binance GOOGLUSDT	+0.0022%	8h	357.64	+0.022%	$72.3M	$141.3M	50x	as long as short
Extended GOOGL-USDlong	+0.0024%	1h	357.56	long leg	$424K	$2.5M	20x
Aftermath Perps GOOGLUSD	+0.0030%	1h	357.48	−0.023%	$144K	$44K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.60	+0.011%	$1.4M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.123%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0039%	1h	357.45	−0.031%	$1.3M	$4.1M	10x	as long as short
Hotstuff GOOGL-PERP	+0.0040%	1h	357.30	−0.073%	$33K	—	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.35	−0.059%	$209K	$280K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.65	+0.025%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.45	−0.031%	$98.4M	$21.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.31	−0.070%	$685K	$415K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.43	−0.036%	$117	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.18	−0.106%	$2.3M	$4.2M	15x	as long as short
KuCoin GOOGLUSDTM	+0.0057%	8h	357.23	−0.092%	$3.0M	$142K	20x	as long as short
Nado GOOGL-PERP	+0.0058%	1h	357.40	−0.044%	$550K	$88K	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0058%	8h	357.53	−0.008%	$293	$253	5x	as long as short
Bybit GOOGLUSDT	+0.0073%	8h	357.63	+0.020%	$11.5M	$7.6M	100x	as long as short
Phoenix GOOGLshort	+0.0090%	1h	357.07	−0.137%	$137K	$36K	20x
BloFin GOOGL-USDT	+0.0090%	8h	357.63	+0.020%	$686K	$233K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.38	−0.051%	$42K	$26K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.21	−0.098%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.52	−0.011%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.45	−0.030%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0208%	1h	357.65	+0.025%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0385%	4h	357.49	−0.018%	$209K	$1.2M	10x	as long as short