GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.03 per $10,000 · paid last 24h +0.018%

Price spread now: Arcus against Aftermath Perps−0.056%46s7-day average −0.009% · 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—prices read too far apart to compare

costs, in and out, $10k−$430.429% of the position

Long on Aftermath Perps Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.105%+$11 on $10k

Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.056%, 7d avg −0.009%

Together, before fees+0.135%+$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. Arcus is 0.046% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of −0.009%). If the spread goes back, that is −$5 on $10k: about 5.6 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.105% in total) that is about 35 hours. The two prices were read 46 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	Aftermath Perps GOOGLUSD	357.63	0.0013	pay 0.0002% / 1h	37m 38s	$144K	$49K	10x
Short	Arcus GOOGL-USD	357.43	0.0040	get 0.0005% / 1h	37m 38s	$207K	$277K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Aftermath Perps. 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 Aftermath PerpsbpFee ArcusbpOrdersPrice spread, now −0.056%Rate

Funding earned: $5.83
Price spread: −0.056% → −0.009%: −$4.65
Slippage, 4 orders: −$29.37
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$41.69
Costs to cover: 0.429%
Break-even: 57.0 days

Slippage from Aftermath Perps: live order book, 21 min ago; Arcus: live order book, 21 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 Aftermath Perps live order book, 21 min ago	2.63 bp	19.9 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Arcus live order book, 21 min ago	1.68 bp	9.1 bp −$9	11.0 bp −$110	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	−0.025%	$526K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.64	+0.003%	$3.6M	$7.4M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.71	+0.022%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.81	+0.051%	$23K	$435K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.73	+0.028%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.84	+0.059%	$115K	$221K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.87	+0.067%	$2.7M	$86K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0002%	1h	357.47	−0.044%	$24K	$155K	10x	as long as short
Bitget GOOGLUSDT	+0.0009%	8h	357.78	+0.042%	$17.5M	$9.6M	100x	as long as short
Aftermath Perps GOOGLUSDlong	+0.0013%	1h	357.63	long leg	$144K	$49K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH GOOGL	+0.0032%	1h	357.73	+0.028%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.142%	$128K	$45K	30x	as long as short
Arcus GOOGL-USDshort	+0.0040%	1h	357.43	−0.056%	$207K	$277K	10x
Vest GOOGL-USD-PERP	+0.0046%	1h	357.69	+0.017%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0050%	1h	357.66	+0.009%	$1.3M	$4.2M	10x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.48	−0.042%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.51	−0.033%	$152	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.41	−0.061%	$2.3M	$4.9M	15x	as long as short
tradeXYZ xyz:GOOGL	+0.0052%	1h	357.50	−0.036%	$99.0M	$20.5M	20x	as long as short
Aster GOOGLUSDT	+0.0055%	8h	357.86	+0.065%	$366K	$457K	20x	as long as short
Extended GOOGL-USD	+0.0072%	1h	357.67	+0.013%	$426K	$1.8M	20x	as long as short
Binance GOOGLUSDT	+0.0075%	8h	357.76	+0.037%	$73.1M	$141.3M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.69	+0.016%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.30	−0.092%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.50	−0.036%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.51	−0.033%	$10K	$10K	20x	as long as short
Nado GOOGL-PERP	+0.0101%	1h	357.46	−0.048%	$558K	$80K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0104%	1h	357.50	−0.036%	$33K	—	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.58	−0.013%	$25K	—	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0106%	8h	357.66	+0.010%	$293	$253	5x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.60	−0.008%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0114%	8h	357.67	+0.012%	$13.8M	$12.4M	50x	as long as short
Bybit GOOGLUSDT	+0.0181%	8h	357.84	+0.059%	$12.0M	$7.6M	100x	as long as short
BloFin GOOGL-USDT	+0.0194%	8h	357.75	+0.034%	$697K	$234K	20x	as long as short
Lighter GOOGL	+0.0296%	1h	357.77	+0.039%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0546%	4h	357.75	+0.033%	$209K	$1.2M	10x	as long as short