Funding you earn now, next payment 00:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.18 per $10,000 · paid last 24h +0.001%
Price spread now: Arcus against Nado+0.015%52s7-day average −0.036% · 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—prices read too far apart to compare
costs, in and out, $10k−$360.360% of the position
Funding, last 3 days (all we have)+0.094%+$9 on $10k
+Price spread, last 3 days (all we have)−0.020%−$2 · spread now +0.015%, 7d avg −0.036%
=Together, before fees+0.074%+ Points / potential airdropNado: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Arcus is 0.051% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.036%. The two prices were read 52 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 | Nado GOOGL-PERP | 356.24 | 0.0109 | pay 0.0014% / 1h | 19m 37s | $559K | $81K | 20x |
| Short | Arcus GOOGL-USD | 356.29 | 0.0250 | get 0.0031% / 1h | 19m 37s | $202K | $271K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $29.42
- Price spread: +0.015% → −0.036%
- $5.09
- Slippage, 4 orders
- −$24.51
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$1.51
- Costs to cover
- 0.360%
- Break-even
- 7.4 days
Slippage from Nado: live order book, 58 min ago; Arcus: live order book, 59 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 Nado live order book, 58 min ago | 0.56 bp | 9.4 bp −$9 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 59 min ago | 2.25 bp | 5.9 bp −$6 | 6.2 bp −$62 | 16.1 bp −$1,606 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GOOGL_USDT | 0.0000% | 8h | 356.39 | +0.043% | $3.6M | $7.5M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.54 | +0.085% | $1K | $4.2M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.26 | +0.006% | $22K | $152K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.64 | +0.113% | $114K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.59 | +0.099% | $2.7M | $66K | 10x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0008% | 1h | 356.40 | +0.046% | $530K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0017% | 1h | 356.38 | +0.041% | $144K | $54K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.56 | +0.090% | $1.4M | $2.5M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.248% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.50 | +0.074% | — | $5K | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT GOOGL_USDT_Perp | +0.0047% | 8h | 356.56 | +0.090% | $23K | $473K | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.26 | +0.006% | $98.2M | $25.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.24 | +0.001% | $683K | $437K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.27 | +0.009% | $182 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.17 | −0.019% | $2.3M | $4.9M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0060% | 1h | 356.43 | +0.054% | $1.3M | $4.9M | 10x | as long as short |
| Variational Omni GOOGL | +0.0061% | 8h | 356.49 | +0.070% | $4.7M | $2.6M | — | as long as short |
| Paradex GOOGL-USD-PERP | +0.0087% | 8h | 356.45 | +0.060% | $292 | $253 | 5x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.20 | −0.010% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.30 | +0.017% | $3.0M | $66K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.39 | +0.043% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.40 | +0.046% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.43 | +0.055% | $25K | — | 10x | as long as short |
| Aster GOOGLUSDT | +0.0108% | 8h | 356.63 | +0.110% | $362K | $455K | 20x | as long as short |
| Nado GOOGL-PERPlong | +0.0109% | 1h | 356.24 | long leg | $559K | $81K | 20x | |
| Bybit GOOGLUSDT | +0.0119% | 8h | 356.58 | +0.096% | $11.5M | $7.8M | 100x | as long as short |
| Extended GOOGL-USD | +0.0128% | 1h | 356.47 | +0.066% | $421K | $1.6M | 20x | as long as short |
| Bitget GOOGLUSDT | +0.0128% | 8h | 356.52 | +0.079% | $16.8M | $9.3M | 100x | as long as short |
| Binance GOOGLUSDT | +0.0129% | 8h | 356.53 | +0.082% | $73.1M | $142.9M | 50x | as long as short |
| Phoenix GOOGL | +0.0157% | 1h | 356.31 | +0.020% | $137K | $48K | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0168% | 1h | 356.27 | +0.009% | $33K | — | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0174% | 8h | 356.57 | +0.093% | $13.9M | $12.8M | 50x | as long as short |
| Arcus GOOGL-USDshort | +0.0250% | 1h | 356.29 | +0.015% | $202K | $271K | 10x | |
| BloFin GOOGL-USDT | +0.0251% | 8h | 356.54 | +0.085% | $692K | $236K | 20x | as long as short |
| Lighter GOOGL | +0.0272% | 1h | 356.53 | +0.082% | $2.1M | $1.1M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0806% | 4h | 356.54 | +0.086% | $210K | $1.2M | 10x | as long as short |
Gate GOOGL_USDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
GRVT GOOGL_USDT_Perp
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Variational Omni GOOGL
Paradex GOOGL-USD-PERP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Aster GOOGLUSDT
Bybit GOOGLUSDT
Extended GOOGL-USD
Bitget GOOGLUSDT
Binance GOOGLUSDT
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT
Lighter GOOGL
edgeX GOOGLUSDC