GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.004%

Price spread now: Arcus against Phoenix+0.008%49s7-day average −0.007% · 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−$260.261% of the position

Long on Phoenix Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.066%+$7 on $10k

Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.008%, 7d avg −0.007%

Together, before fees+0.102%+$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix GOOGL	358.43	0.0090	pay 0.0011% / 1h	55m 56s	$138K	$36K	20x
Short	Arcus GOOGL-USD	358.46	0.0081	get 0.0010% / 1h	55m 56s	$211K	$283K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Phoenix. 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 PhoenixbpFee ArcusbpOrdersPrice spread, now +0.008%Rate

Funding earned: −$1.79
Price spread: +0.008% → −0.007%: $1.53
Slippage, 4 orders: −$14.56
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$26.32
Costs to cover: 0.261%
Break-even: never at this rate

Slippage from Phoenix: live order book, 30 min ago; Arcus: live order book, 37 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 Phoenix live order book, 30 min ago	2.81 bp	8.4 bp −$8	17.6 bp −$176	doesn't fit	doesn't fit
Sell Arcus live order book, 37 min ago	2.24 bp	4.8 bp −$5	7.2 bp −$72	17.0 bp −$1,696	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	−0.0056%	1h	358.32	−0.031%	$514K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	358.66	+0.064%	$13.5M	$13.5M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.39	−0.011%	$3.6M	$6.7M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.60	+0.047%	$17.3M	$9.4M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	358.62	+0.052%	$5.0M	$2.5M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.68	+0.070%	$1K	$3.8M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.76	+0.092%	$115K	$213K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.82	+0.109%	$2.7M	$98K	10x	as long as short
Aster GOOGLUSDT	+0.0008%	8h	358.42	−0.001%	$368K	$423K	20x	as long as short
Extended GOOGL-USD	+0.0024%	1h	358.42	−0.002%	$424K	$2.5M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GOOGLUSDT	+0.0026%	8h	358.53	+0.028%	$72.7M	$142.2M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0028%	1h	358.40	−0.007%	$145K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.55	+0.033%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.365%	$128K	$45K	30x	as long as short
Bybit GOOGLUSDT	+0.0037%	8h	358.52	+0.025%	$11.5M	$7.4M	100x	as long as short
GRVT GOOGL_USDT_Perp	+0.0043%	8h	358.61	+0.051%	$23K	$451K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	358.68	+0.070%	—	$5K	25x	as long as short
Hotstuff GOOGL-PERP	+0.0048%	1h	358.39	−0.011%	$33K	—	20x	as long as short
QFEX GOOGL-USD	+0.0048%	1h	358.60	+0.047%	$1.3M	$4.1M	10x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	358.49	+0.017%	$686K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	358.48	+0.014%	$127	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	358.20	−0.064%	$2.3M	$4.0M	15x	as long as short
tradeXYZ xyz:GOOGL	+0.0053%	1h	358.39	−0.011%	$98.1M	$21.8M	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0064%	8h	358.57	+0.038%	$294	$253	5x	as long as short
Nado GOOGL-PERP	+0.0067%	1h	358.46	+0.007%	$551K	$81K	20x	as long as short
Arcus GOOGL-USDshort	+0.0081%	1h	358.46	+0.008%	$211K	$283K	10x
Deribit GOOGL_USDC-PERPETUAL	+0.0085%	1h	358.45	+0.006%	$24K	$150K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0086%	8h	358.21	−0.061%	$3.0M	$185K	20x	as long as short
Phoenix GOOGLlong	+0.0090%	1h	358.43	long leg	$138K	$36K	20x
Pacifica GOOGL	+0.0100%	1h	358.63	+0.055%	$42K	$23K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	358.31	−0.033%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.53	+0.028%	$10K	$11K	20x	as long as short
BloFin GOOGL-USDT	+0.0104%	8h	358.58	+0.042%	$685K	$237K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	358.49	+0.016%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0192%	1h	358.61	+0.050%	$2.0M	$1.8M	20x	as long as short
edgeX GOOGLUSDC	+0.0272%	4h	358.55	+0.034%	$209K	$1.2M	10x	as long as short