GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0229%/8h= −25.1% APRnext payment −$0.29 per $10,000 · paid last 24h −0.017%

Price spread now: Hotstuff against Phoenix+0.025%53s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

The price spread pays, funding is against you. Hotstuff is 0.025% dearer against Phoenix than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 9 hours. The two prices were read 53 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	Phoenix GOOGL	356.09	0.0157	pay 0.0020% / 1h	36m 34s	$137K	$48K	20x
Short	Hotstuff GOOGL-PERP	356.18	−0.0072	pay 0.0009% / 1h	36m 34s	$33K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now +0.025%Rate

Funding earned: −$48.12
Price spread: +0.025% → 0.000%: $2.53
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$57.6
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 29 min ago; Hotstuff: no order-book sample. Net counts fees only.

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, 29 min ago	2.53 bp	8.4 bp −$8	17.2 bp −$172	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hotstuff GOOGL-PERPshort	−0.0072%	1h	356.18	+0.025%	$33K	—	20x
Deribit GOOGL_USDC-PERPETUAL	−0.0059%	1h	356.05	−0.011%	$23K	$153K	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.34	+0.070%	$3.6M	$7.5M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.22	+0.036%	$23K	$467K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.39	+0.084%	$1K	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.55	+0.129%	$115K	$225K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.44	+0.098%	$2.7M	$66K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0017%	1h	356.03	−0.018%	$144K	$52K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.41	+0.090%	$1.4M	$2.3M	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0032%	1h	355.85	−0.067%	$528K	$1.1M	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.289%	$128K	$45K	30x	as long as short
Lighter GOOGL	+0.0040%	1h	356.35	+0.073%	$2.1M	$1.1M	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.35	+0.073%	—	$5K	25x	as long as short
Nado GOOGL-PERP	+0.0047%	1h	356.15	+0.016%	$559K	$81K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.24	+0.042%	$98.2M	$22.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.18	+0.025%	$683K	$442K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.09	0.000%	$169	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.02	−0.020%	$2.2M	$4.9M	15x	as long as short
Variational Omni GOOGL	+0.0063%	8h	356.18	+0.025%	$4.8M	$2.7M	—	as long as short
QFEX GOOGL-USD	+0.0064%	1h	356.29	+0.056%	$1.3M	$4.8M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0084%	8h	356.34	+0.069%	$292	$253	5x	as long as short
Bitget GOOGLUSDT	+0.0099%	8h	356.42	+0.093%	$17.0M	$9.3M	100x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.33	+0.067%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	355.92	−0.048%	$3.0M	$66K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	355.99	−0.028%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.19	+0.028%	$10K	$10K	20x	as long as short
Aster GOOGLUSDT	+0.0100%	8h	356.45	+0.101%	$364K	$457K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.19	+0.028%	$25K	—	10x	as long as short
Bybit GOOGLUSDT	+0.0109%	8h	356.45	+0.101%	$11.5M	$7.7M	100x	as long as short
Extended GOOGL-USD	+0.0120%	1h	356.34	+0.071%	$424K	$2.0M	20x	as long as short
Binance GOOGLUSDT	+0.0121%	8h	356.42	+0.092%	$72.9M	$143.0M	50x	as long as short
Phoenix GOOGLlong	+0.0157%	1h	356.09	long leg	$137K	$48K	20x
OKX GOOGL-USDT-SWAP	+0.0195%	8h	356.50	+0.115%	$13.8M	$12.8M	50x	as long as short
BloFin GOOGL-USDT	+0.0241%	8h	356.36	+0.076%	$691K	$234K	20x	as long as short
Arcus GOOGL-USD	+0.0306%	1h	356.05	−0.011%	$202K	$271K	10x	as long as short
edgeX GOOGLUSDC	+0.0825%	4h	356.13	+0.011%	$208K	$1.2M	10x	as long as short