GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0092%/8h= −10.1% APRnext payment −$0.11 per $10,000 · paid last 24h 0.000%

Price spread now: Coinbase International against QFEX−0.045%7-day average −0.121% · 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−$19as in the Price arb table

costs, in and out, $10k−$270.269% of the position

Long on QFEX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.004%$0 on $10k

Price spread, last 3 days (all we have)0.000%$0 · spread now −0.045%, 7d avg −0.121%

Together, before fees−0.004%$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Coinbase International is 0.076% dearer against QFEX than usual: you sell high and buy low (spread −0.045% now, against its 7-day average of −0.121%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 4 days (−0.004% in total) that is about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX GOOGL-USD	357.57	0.0028	pay 0.0003% / 1h	54m 17s	$1.3M	$4.4M	10x
Short	Coinbase International GOOGL-PERP-INTX	357.41	−0.0064	pay 0.0008% / 1h	54m 17s	$524K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against QFEX. 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 QFEXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$19.3
Price spread: −0.045% → −0.121%: $7.65
Slippage, 4 orders: −$6.94
Fee QFEX: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$38.59
Costs to cover: 0.269%
Break-even: never at this rate

Slippage from QFEX: live order book, 9 min ago; Coinbase International: live order book, 4 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 QFEX live order book, 9 min ago	1.12 bp	6.1 bp −$6	6.3 bp −$63	12.6 bp −$1,260	doesn't fit
Sell Coinbase International live order book, 4 min ago	0.14 bp	8.2 bp −$8	11.6 bp −$116	doesn't fit	doesn't fit

GOOGL on 35 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-INTXshort	−0.0064%	1h	357.41	−0.045%	$524K	$1.1M	10x
Nado GOOGL-PERP	−0.0055%	1h	357.55	−0.007%	$558K	$80K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.56	−0.003%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.58	+0.002%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.57	−0.001%	$24K	$436K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.68	+0.031%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.39	−0.050%	$23K	$154K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.77	+0.056%	$115K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.64	+0.020%	$2.7M	$74K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0006%	1h	357.27	−0.084%	$144K	$50K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX GOOGL-USDlong	+0.0028%	1h	357.57	long leg	$1.3M	$4.4M	10x
Lighter RH GOOGL	+0.0032%	1h	357.72	+0.042%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.126%	$128K	$45K	30x	as long as short
Bybit GOOGLUSDT	+0.0035%	8h	357.69	+0.034%	$11.7M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	+0.0038%	8h	357.64	+0.020%	$17.0M	$9.3M	100x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.34	−0.064%	$202K	$272K	10x	as long as short
Aster GOOGLUSDT	+0.0041%	8h	357.53	−0.012%	$365K	$458K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.77	+0.056%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.45	−0.034%	$99.0M	$22.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.39	−0.050%	$685K	$431K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.44	−0.036%	$149	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.24	−0.092%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0055%	8h	357.68	+0.030%	$293	$253	5x	as long as short
Binance GOOGLUSDT	+0.0061%	8h	357.68	+0.031%	$72.9M	$141.5M	50x	as long as short
Extended GOOGL-USD	+0.0064%	1h	357.54	−0.007%	$421K	$1.8M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0080%	1h	357.49	−0.022%	$33K	—	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.27	−0.084%	$137K	$36K	20x	as long as short
Lighter GOOGL	+0.0096%	1h	357.73	+0.045%	$2.1M	$1.2M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.42	−0.041%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.23	−0.095%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.42	−0.042%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.46	−0.031%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.47	−0.029%	$25K	—	10x	as long as short
OKX GOOGL-USDT-SWAP	+0.0142%	8h	357.69	+0.034%	$13.8M	$12.5M	50x	as long as short
edgeX GOOGLUSDC	+0.0298%	4h	357.53	−0.011%	$209K	$1.2M	10x	as long as short