Funding you earn now, next payment 06:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.07 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Phoenix+0.037%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.238% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)+0.027%+$3 · spread now +0.037%, 7d avg +0.034%
=Together, before fees−0.046%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix GOOGL | 356.90 | 0.0090 | pay 0.0011% / 1h | 2m 52s | $137K | $36K | 20x |
| Short | Extended GOOGL-USD | 357.03 | 0.0032 | get 0.0004% / 1h | 2m 52s | $425K | $1.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Phoenix. 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
- −$12.1
- Price spread: +0.037% → +0.034%
- $0.28
- Slippage, 4 orders
- −$11.78
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$35.61
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 33 min ago; Extended: 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 Phoenix live order book, 33 min ago | 2.52 bp | 8.4 bp −$8 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 0.14 bp | 3.5 bp −$4 | 13.5 bp −$135 | 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 | 356.60 | −0.084% | $511K | $1.1M | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.12 | +0.062% | $13.6M | $12.9M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.98 | +0.022% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.20 | +0.084% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.04 | +0.040% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.10 | +0.056% | $23K | $444K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.11 | +0.059% | $1K | $4.0M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.21 | +0.087% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.17 | +0.076% | $2.7M | $88K | 10x | as long as short |
| Nado GOOGL-PERP | +0.0012% | 1h | 356.93 | +0.009% | $549K | $92K | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GOOGLUSDT | +0.0012% | 8h | 357.21 | +0.086% | $365K | $424K | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0019% | 1h | 356.99 | +0.025% | $144K | $45K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.08 | +0.050% | $1.3M | $2.1M | 20x | as long as short |
| Extended GOOGL-USDshort | +0.0032% | 1h | 357.03 | +0.037% | $425K | $1.5M | 20x | |
| Hotstuff GOOGL-PERP | +0.0032% | 1h | 356.95 | +0.014% | $33K | — | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.062% | $128K | $45K | 30x | as long as short |
| Binance GOOGLUSDT | +0.0034% | 8h | 357.14 | +0.069% | $72.0M | $143.7M | 50x | as long as short |
| QFEX GOOGL-USD | +0.0038% | 1h | 357.03 | +0.036% | $1.3M | $4.2M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.82 | −0.022% | $207K | $279K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.21 | +0.087% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.95 | +0.014% | $98.1M | $21.4M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.83 | −0.020% | $684K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.95 | +0.014% | $141 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.81 | −0.025% | $2.3M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0052% | 8h | 357.06 | +0.045% | $293 | $253 | 5x | as long as short |
| KuCoin GOOGLUSDTM | +0.0081% | 8h | 356.59 | −0.087% | $3.0M | $100K | 20x | as long as short |
| Phoenix GOOGLlong | +0.0090% | 1h | 356.90 | long leg | $137K | $36K | 20x | |
| Pacifica GOOGL | +0.0100% | 1h | 356.89 | −0.004% | $42K | $39K | 10x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.88 | −0.006% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.95 | +0.014% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.98 | +0.024% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0112% | 1h | 357.08 | +0.050% | $2.0M | $1.3M | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0124% | 8h | 357.10 | +0.056% | $11.5M | $7.9M | 100x | as long as short |
| BloFin GOOGL-USDT | +0.0134% | 8h | 357.15 | +0.070% | $688K | $236K | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0170% | 1h | 357.04 | +0.039% | $24K | $156K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0253% | 4h | 357.06 | +0.044% | $208K | $1.2M | 10x | as long as short |
Phoenix GOOGL
Extended GOOGL-USD
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aster GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Binance GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
KuCoin GOOGLUSDTM
Pacifica GOOGL
ApeX Omni GOOGLUSDT
Lighter GOOGL
Bybit GOOGLUSDT
BloFin GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
edgeX GOOGLUSDC