GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1000%/8h= +109.5% APRnext payment +$5.00 per $10,000 · paid last 24h +0.165%

Price spread now: edgeX against Phemex−0.052%78s7-day average −0.036% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as 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−$960.956% of the position

Long on Phemex Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 3 days (all we have)−0.089%−$9 · spread now −0.052%, 7d avg −0.036%

Together, before fees−0.143%+ Points / potential airdropedgeX: Active · farm board−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: +$30 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.053% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.00 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	Phemex GOOGLUSDT	356.38	0	get 0.0000% / 4h	1h 47m	$2.7M	$64K	10x
Short	edgeX GOOGLUSDC	356.20	0.1000	get 0.0500% / 4h	1h 47m	$208K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Phemex. 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 PhemexbpFee edgeXbpOrdersPrice spread, now −0.052%Rate

Funding earned: $209.99
Price spread: −0.052% → −0.036%: −$1.6
Slippage, 4 orders: −$74.58
Fee Phemex: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $112.82
Costs to cover: 0.956%
Break-even: 3.2 days

Slippage from Phemex: live order book, 6 min ago; edgeX: live order book, 1 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 Phemex live order book, 6 min ago	1.40 bp	39.4 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 1 min ago	3.23 bp	7.9 bp −$8	11.2 bp −$112	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	−0.0024%	1h	356.19	−0.053%	$530K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0016%	1h	356.26	−0.034%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.28	−0.028%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.19	−0.052%	$4.6M	$2.5M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.26	−0.034%	$23K	$504K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.44	+0.017%	$1K	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.54	+0.045%	$114K	$224K	30x	as long as short
Phemex GOOGLUSDTlong	0.0000%	4h	356.38	long leg	$2.7M	$64K	10x
Aftermath Perps GOOGLUSD	+0.0018%	1h	356.07	−0.088%	$144K	$55K	10x	as long as short
Bybit GOOGLUSDT	+0.0023%	8h	356.48	+0.028%	$11.5M	$7.7M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GOOGLUSDT	+0.0024%	8h	356.45	+0.020%	$362K	$455K	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.42	+0.011%	$1.4M	$2.5M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.208%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0045%	1h	356.36	−0.006%	$1.3M	$4.8M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.36	−0.006%	—	$5K	25x	as long as short
Extended GOOGL-USD	+0.0048%	1h	356.34	−0.012%	$421K	$1.6M	20x	as long as short
Binance GOOGLUSDT	+0.0048%	8h	356.40	+0.006%	$73.0M	$142.2M	50x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.18	−0.056%	$683K	$438K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.20	−0.051%	$187	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.04	−0.095%	$2.3M	$5.0M	15x	as long as short
tradeXYZ xyz:GOOGL	+0.0056%	1h	356.21	−0.048%	$98.0M	$25.2M	20x	as long as short
Bitget GOOGLUSDT	+0.0064%	8h	356.42	+0.011%	$16.9M	$9.2M	100x	as long as short
OKX GOOGL-USDT-SWAP	+0.0066%	8h	356.39	+0.003%	$13.8M	$12.8M	50x	as long as short
Paradex GOOGL-USD-PERP	+0.0085%	8h	356.36	−0.005%	$292	$253	5x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.06	−0.090%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	355.94	−0.123%	$3.0M	$68K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	355.97	−0.115%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.24	−0.039%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.24	−0.041%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0135%	1h	356.14	−0.067%	$137K	$48K	20x	as long as short
Nado GOOGL-PERP	+0.0137%	1h	356.10	−0.078%	$558K	$81K	20x	as long as short
BloFin GOOGL-USDT	+0.0167%	8h	356.16	−0.062%	$689K	$235K	20x	as long as short
Arcus GOOGL-USD	+0.0169%	1h	356.15	−0.065%	$202K	$271K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0199%	1h	356.23	−0.042%	$22K	$151K	10x	as long as short
Lighter GOOGL	+0.0248%	1h	356.42	+0.011%	$2.0M	$1.0M	20x	as long as short
edgeX GOOGLUSDCshort	+0.1000%	4h	356.20	−0.052%	$208K	$1.2M	10x