GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.014%

Price spread now: Nado against Phoenix−0.037%7-day average +0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$440.436% of the position

Long on Phoenix Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.051%−$5 on $10k

Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.037%, 7d avg +0.031%

Together, before fees+0.009%+ Points / potential airdropNado: Active · farm board+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.068% cheaper against Phoenix than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.031%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix GOOGL	357.64	0.0112	pay 0.0014% / 1h	15m 27s	$138K	$36K	20x
Short	Nado GOOGL-PERP	357.51	0.0079	get 0.0010% / 1h	15m 27s	$558K	$81K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.037%Rate

Funding earned: −$6.86
Price spread: −0.037% → +0.031%: −$6.79
Slippage, 4 orders: −$29.61
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$57.26
Costs to cover: 0.436%
Break-even: never at this rate

Slippage from Phoenix: live order book, 35 min ago; Nado: live order book, 43 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, 35 min ago	2.52 bp	8.4 bp −$8	17.2 bp −$172	doesn't fit	doesn't fit
Sell Nado live order book, 43 min ago	0.14 bp	15.4 bp −$15	27.7 bp −$277	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	−0.0048%	1h	357.54	−0.028%	$526K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.63	−0.003%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.80	+0.045%	$17.5M	$9.6M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.77	+0.036%	$23K	$432K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.79	+0.042%	$826	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.54	−0.028%	$24K	$155K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.90	+0.073%	$115K	$221K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.80	+0.045%	$2.7M	$86K	10x	as long as short
Variational Omni GOOGL	+0.0006%	8h	357.73	+0.026%	$4.8M	$2.3M	—	as long as short
Aftermath Perps GOOGLUSD	+0.0019%	1h	357.61	−0.007%	$144K	$48K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH GOOGL	+0.0032%	1h	357.77	+0.036%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.145%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.46	−0.050%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.74	+0.028%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0050%	1h	357.66	+0.006%	$1.3M	$4.2M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.53	−0.031%	$99.1M	$20.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.47	−0.048%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.55	−0.025%	$147	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.38	−0.073%	$2.3M	$4.9M	15x	as long as short
edgeX GOOGLUSDC	+0.0058%	4h	357.73	+0.024%	$209K	$1.2M	10x	as long as short
Hotstuff GOOGL-PERP	+0.0064%	1h	357.54	−0.028%	$33K	—	20x	as long as short
Aster GOOGLUSDT	+0.0071%	8h	357.93	+0.080%	$366K	$426K	20x	as long as short
Nado GOOGL-PERPshort	+0.0079%	1h	357.51	−0.037%	$558K	$81K	20x
Extended GOOGL-USD	+0.0088%	1h	357.66	+0.006%	$426K	$1.8M	20x	as long as short
Binance GOOGLUSDT	+0.0090%	8h	357.77	+0.037%	$73.0M	$141.2M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.47	−0.048%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.31	−0.092%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.49	−0.042%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.61	−0.008%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.63	−0.004%	$25K	—	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0106%	8h	357.66	+0.006%	$293	$253	5x	as long as short
Phoenix GOOGLlong	+0.0112%	1h	357.64	long leg	$138K	$36K	20x
OKX GOOGL-USDT-SWAP	+0.0112%	8h	357.75	+0.031%	$13.8M	$12.4M	50x	as long as short
BloFin GOOGL-USDT	+0.0209%	8h	357.78	+0.039%	$696K	$234K	20x	as long as short
Bybit GOOGLUSDT	+0.0212%	8h	357.84	+0.056%	$12.0M	$7.5M	100x	as long as short
Lighter GOOGL	+0.0272%	1h	357.78	+0.039%	$2.0M	$1.3M	20x	as long as short