GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.06 per $10,000 · paid last 24h +0.004%

Price spread now: Phoenix against Arcus+0.014%7-day average +0.006% · 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−$36as in the Price arb table

costs, in and out, $10k−$370.367% of the position

Long on Arcus Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.068%−$7 on $10k

Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.014%, 7d avg +0.006%

Together, before fees−0.112%−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus GOOGL-USD	356.58	0.0040	pay 0.0005% / 1h	39m 32s	$207K	$278K	10x
Short	Phoenix GOOGL	356.63	0.0090	get 0.0011% / 1h	39m 32s	$137K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now +0.014%Rate

Funding earned: $10.36
Price spread: +0.014% → +0.006%: $0.82
Slippage, 4 orders: −$25.16
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$25.48
Costs to cover: 0.367%
Break-even: 24.2 days

Slippage from Arcus: live order book, 4 min ago; Phoenix: live order book, 61 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, 4 min ago	2.66 bp	7.9 bp −$8	15.2 bp −$152	doesn't fit	doesn't fit
Sell Phoenix live order book, 61 min ago	3.08 bp	9.2 bp −$9	19.7 bp −$197	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	−0.0024%	1h	356.60	+0.006%	$511K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	356.85	+0.076%	$13.6M	$13.0M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.67	+0.025%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	356.84	+0.073%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.77	+0.054%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.83	+0.071%	$23K	$446K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.80	+0.062%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.53	−0.014%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.92	+0.095%	$114K	$212K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.02	+0.123%	$2.7M	$87K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0023%	1h	356.63	+0.013%	$144K	$46K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.67	+0.025%	$1.3M	$2.1M	20x	as long as short
Aster GOOGLUSDT	+0.0033%	8h	357.11	+0.149%	$365K	$424K	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.151%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0038%	1h	356.73	+0.042%	$1.2M	$4.2M	10x	as long as short
Hotstuff GOOGL-PERP	+0.0040%	1h	356.55	−0.008%	$33K	—	20x	as long as short
Arcus GOOGL-USDlong	+0.0040%	1h	356.58	long leg	$207K	$278K	10x
Nado GOOGL-PERP	+0.0046%	1h	356.49	−0.025%	$549K	$90K	20x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.78	+0.056%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.58	0.000%	$98.0M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.55	−0.008%	$684K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.61	+0.008%	$153	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.46	−0.034%	$2.3M	$4.8M	15x	as long as short
Binance GOOGLUSDT	+0.0054%	8h	356.77	+0.053%	$72.0M	$143.8M	50x	as long as short
Paradex GOOGL-USD-PERP	+0.0054%	8h	356.64	+0.018%	$292	$253	5x	as long as short
Extended GOOGL-USD	+0.0056%	1h	356.67	+0.024%	$423K	$1.2M	20x	as long as short
Phoenix GOOGLshort	+0.0090%	1h	356.63	+0.014%	$137K	$36K	20x
Pacifica GOOGL	+0.0100%	1h	356.55	−0.009%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.56	−0.006%	$3.0M	$103K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.59	+0.003%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.63	+0.014%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.62	+0.011%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0152%	1h	356.70	+0.034%	$2.0M	$1.3M	20x	as long as short
Bybit GOOGLUSDT	+0.0174%	8h	356.84	+0.073%	$11.9M	$7.5M	100x	as long as short
BloFin GOOGL-USDT	+0.0175%	8h	356.90	+0.090%	$689K	$235K	20x	as long as short
edgeX GOOGLUSDC	+0.0924%	4h	356.80	+0.061%	$208K	$1.2M	10x	as long as short