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: Aftermath Perps against Arcus+0.056%46s7-day average +0.009% · you sell dearer than you buy

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 Arcus Short on Aftermath Perps

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

The price spread pays, funding is against you. Aftermath Perps is 0.046% dearer against Arcus than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.009%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.6 days. 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	Arcus GOOGL-USD	357.43	0.0040	pay 0.0005% / 1h	37m 34s	$207K	$277K	10x
Short	Aftermath Perps GOOGLUSD	357.63	0.0013	get 0.0002% / 1h	37m 34s	$144K	$49K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Arcus. 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 ArcusbpFee Aftermath PerpsbpOrdersPrice spread, now +0.056%Rate

Funding earned: −$5.83
Price spread: +0.056% → +0.009%: $4.65
Slippage, 4 orders: −$29.37
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$44.06
Costs to cover: 0.429%
Break-even: never at this rate

Slippage from Arcus: live order book, 21 min ago; Aftermath Perps: live order book, 22 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 Arcus live order book, 21 min ago	1.68 bp	6.8 bp −$7	15.5 bp −$155	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 22 min ago	2.63 bp	7.1 bp −$7	17.2 bp −$172	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	+0.031%	$526K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.64	+0.059%	$3.6M	$7.4M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.71	+0.078%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.81	+0.106%	$23K	$435K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.73	+0.084%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.84	+0.115%	$115K	$221K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.87	+0.123%	$2.7M	$86K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0002%	1h	357.47	+0.011%	$24K	$155K	10x	as long as short
Bitget GOOGLUSDT	+0.0009%	8h	357.78	+0.098%	$17.5M	$9.6M	100x	as long as short
Aftermath Perps GOOGLUSDshort	+0.0013%	1h	357.63	+0.056%	$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	+0.084%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.087%	$128K	$45K	30x	as long as short
Arcus GOOGL-USDlong	+0.0040%	1h	357.43	long leg	$207K	$277K	10x
Vest GOOGL-USD-PERP	+0.0046%	1h	357.69	+0.073%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0050%	1h	357.66	+0.064%	$1.3M	$4.2M	10x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.48	+0.014%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.51	+0.022%	$152	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.41	−0.006%	$2.3M	$4.9M	15x	as long as short
tradeXYZ xyz:GOOGL	+0.0052%	1h	357.50	+0.020%	$99.0M	$20.5M	20x	as long as short
Aster GOOGLUSDT	+0.0055%	8h	357.86	+0.121%	$366K	$457K	20x	as long as short
Extended GOOGL-USD	+0.0072%	1h	357.67	+0.068%	$426K	$1.8M	20x	as long as short
Binance GOOGLUSDT	+0.0075%	8h	357.76	+0.093%	$73.1M	$141.3M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.69	+0.071%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.30	−0.036%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.50	+0.020%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.51	+0.022%	$10K	$10K	20x	as long as short
Nado GOOGL-PERP	+0.0101%	1h	357.46	+0.007%	$558K	$80K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0104%	1h	357.50	+0.020%	$33K	—	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.58	+0.043%	$25K	—	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0106%	8h	357.66	+0.065%	$293	$253	5x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.60	+0.048%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0114%	8h	357.67	+0.067%	$13.8M	$12.4M	50x	as long as short
Bybit GOOGLUSDT	+0.0181%	8h	357.84	+0.115%	$12.0M	$7.6M	100x	as long as short
BloFin GOOGL-USDT	+0.0194%	8h	357.75	+0.090%	$697K	$234K	20x	as long as short
Lighter GOOGL	+0.0296%	1h	357.77	+0.095%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0546%	4h	357.75	+0.089%	$209K	$1.2M	10x	as long as short