GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.10 per $10,000 · paid last 24h +0.036%

Price spread now: Arcus against Deribit+0.014%7-day average −0.018% · 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−$20as in the Price arb table

costs, in and out, $10k−$230.229% of the position

Long on Deribit Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.014%−$1 on $10k

Price spread, last 4 days (all we have)−0.266%−$27 · spread now +0.014%, 7d avg −0.018%

Together, before fees−0.280%−$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Arcus is 0.032% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit GOOGL_USDC-PERPETUAL	358.22	0	get 0.0000% / 1h	55m 26s	$24K	$150K	10x
Short	Arcus GOOGL-USD	358.27	0.0081	get 0.0010% / 1h	55m 26s	$211K	$283K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Deribit. 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 DeribitbpFee ArcusbpOrdersPrice spread, now +0.014%Rate

Funding earned: $17.01
Price spread: +0.014% → −0.018%: $3.17
Slippage, 4 orders: −$11.4
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$2.72
Costs to cover: 0.229%
Break-even: 8.1 days

Slippage from Deribit: live order book, 38 min ago; Arcus: live order book, 38 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 Deribit live order book, 38 min ago	0.14 bp	10.0 bp −$10	11.6 bp −$116	doesn't fit	doesn't fit
Sell Arcus live order book, 38 min ago	2.24 bp	4.8 bp −$5	7.2 bp −$72	17.0 bp −$1,696	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	−0.0056%	1h	358.32	+0.028%	$514K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	358.46	+0.067%	$13.5M	$13.5M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.31	+0.025%	$3.6M	$6.7M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.44	+0.061%	$17.4M	$9.4M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	358.62	+0.110%	$5.0M	$2.5M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.68	+0.128%	$1K	$3.8M	20x	as long as short
Deribit GOOGL_USDC-PERPETUALlong	0.0000%	1h	358.22	long leg	$24K	$150K	10x
HTX GOOGL-USDT	0.0000%	8h	358.76	+0.151%	$115K	$213K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.82	+0.167%	$2.7M	$98K	10x	as long as short
Aster GOOGLUSDT	+0.0009%	8h	358.35	+0.035%	$368K	$423K	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit GOOGLUSDT	+0.0021%	8h	358.46	+0.067%	$11.5M	$7.4M	100x	as long as short
Extended GOOGL-USD	+0.0024%	1h	358.34	+0.032%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDT	+0.0028%	8h	358.44	+0.061%	$72.7M	$142.2M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0028%	1h	358.45	+0.063%	$145K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.41	+0.053%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.307%	$128K	$45K	30x	as long as short
GRVT GOOGL_USDT_Perp	+0.0043%	8h	358.59	+0.103%	$23K	$451K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	358.51	+0.081%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0048%	1h	358.34	+0.033%	$1.3M	$4.1M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	358.25	+0.008%	$98.0M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	358.26	+0.011%	$686K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	358.24	+0.006%	$128	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	358.20	−0.006%	$2.3M	$4.0M	15x	as long as short
Nado GOOGL-PERP	+0.0058%	1h	358.31	+0.026%	$551K	$81K	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0063%	8h	358.42	+0.056%	$294	$253	5x	as long as short
Arcus GOOGL-USDshort	+0.0081%	1h	358.27	+0.014%	$211K	$283K	10x
KuCoin GOOGLUSDTM	+0.0087%	8h	358.16	−0.017%	$3.0M	$185K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	358.43	+0.059%	$138K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	358.44	+0.061%	$42K	$23K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	358.37	+0.042%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.34	+0.033%	$10K	$11K	20x	as long as short
BloFin GOOGL-USDT	+0.0104%	8h	358.58	+0.100%	$685K	$237K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	358.23	+0.003%	$25K	—	10x	as long as short
Hotstuff GOOGL-PERP	+0.0160%	1h	358.35	+0.036%	$33K	—	20x	as long as short
Lighter GOOGL	+0.0176%	1h	358.50	+0.078%	$2.0M	$1.8M	20x	as long as short
edgeX GOOGLUSDC	+0.0180%	4h	358.50	+0.077%	$209K	$1.2M	10x	as long as short