Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.017%
Price spread now: tradeXYZ against Arcus+0.022%7-day average −0.016% · 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−$34as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 4 days (all we have)−0.077%−$8 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.022%, 7d avg −0.016%
=Together, before fees−0.136%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and tradeXYZ is 0.038% dearer against Arcus than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.016%. Mind the row above: over the last 4 days funding on this pair cost −0.077%, 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 | 357.20 | 0.0040 | pay 0.0005% / 1h | 31m 02s | $207K | $279K | 10x |
| Short | tradeXYZ xyz:GOOGL | 357.28 | 0.0050 | get 0.0006% / 1h | 31m 02s | $98.2M | $21.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $2.04
- Price spread: +0.022% → −0.016%
- $3.8
- Slippage, 4 orders
- −$14.91
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$31.56
- Costs to cover
- 0.374%
- Break-even
- 115.2 days
Slippage from Arcus: live order book, 7 min ago; tradeXYZ: live order book, 9 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, 7 min ago | 1.68 bp | 8.6 bp −$9 | 16.2 bp −$162 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.56 bp | 10.1 bp −$10 | doesn't fit | 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 | 357.09 | −0.031% | $512K | $1.1M | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.46 | +0.073% | $13.6M | $12.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.35 | +0.042% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.57 | +0.104% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.35 | +0.041% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.40 | +0.056% | $23K | $449K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.49 | +0.081% | $1K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.24 | +0.011% | $24K | $157K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.64 | +0.123% | $115K | $210K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.50 | +0.084% | $2.7M | $88K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERP | +0.0002% | 1h | 357.24 | +0.013% | $549K | $91K | 20x | as long as short |
| Aster GOOGLUSDT | +0.0012% | 8h | 357.42 | +0.062% | $365K | $424K | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0023% | 1h | 357.30 | +0.028% | $144K | $45K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.35 | +0.042% | $1.4M | $1.9M | 20x | as long as short |
| Extended GOOGL-USD | +0.0032% | 1h | 357.40 | +0.057% | $427K | $2.5M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.022% | $128K | $45K | 30x | as long as short |
| Binance GOOGLUSDT | +0.0033% | 8h | 357.50 | +0.084% | $72.1M | $143.4M | 50x | as long as short |
| QFEX GOOGL-USD | +0.0035% | 1h | 357.36 | +0.045% | $1.3M | $4.1M | 10x | as long as short |
| Arcus GOOGL-USDlong | +0.0040% | 1h | 357.20 | long leg | $207K | $279K | 10x | |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.55 | +0.098% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGLshort | +0.0050% | 1h | 357.28 | +0.022% | $98.2M | $21.4M | 20x | |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.25 | +0.014% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.28 | +0.022% | $139 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.13 | −0.020% | $2.3M | $4.7M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0051% | 8h | 357.35 | +0.042% | $293 | $253 | 5x | as long as short |
| KuCoin GOOGLUSDTM | +0.0061% | 8h | 356.98 | −0.062% | $3.0M | $102K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0100% | 8h | 357.48 | +0.078% | $11.5M | $7.9M | 100x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.19 | −0.002% | $42K | $35K | 10x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.29 | +0.025% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.26 | +0.017% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.29 | +0.024% | $25K | — | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0112% | 1h | 357.27 | +0.020% | $33K | — | 20x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.26 | +0.017% | $137K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0128% | 1h | 357.41 | +0.059% | $2.0M | $1.4M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0134% | 8h | 357.45 | +0.070% | $688K | $236K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0708% | 4h | 357.40 | +0.057% | $208K | $1.2M | 10x | as long as short |
tradeXYZ xyz:GOOGL
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aster GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Extended GOOGL-USD
Injective GOOGL/USDC PERP
Binance GOOGLUSDT
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
KuCoin GOOGLUSDTM
Bybit GOOGLUSDT
Pacifica GOOGL
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Lighter GOOGL
BloFin GOOGL-USDT
edgeX GOOGLUSDC