GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0954%/8h= −104.4% APRnext payment −$4.77 per $10,000 · paid last 24h −0.192%

Price spread now: Phemex against edgeX+0.023%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$840.840% of the position

Long on edgeX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 4 days (all we have)+0.118%+$12 · spread now +0.023%, 7d avg +0.036%

Together, before fees−0.003%+ Points / potential airdropedgeX: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$29 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.77 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX GOOGLUSDC	357.60	0.0954	pay 0.0477% / 4h	3h 04m	$208K	$1.2M	10x
Short	Phemex GOOGLUSDT	357.68	0	get 0.0000% / 4h	3h 04m	$2.7M	$87K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against edgeX. 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 edgeXbpFee PhemexbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$200.26
Price spread: +0.023% → +0.036%: −$1.3
Slippage, 4 orders: −$62.97
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$285.53
Costs to cover: 0.840%
Break-even: never at this rate

Slippage from edgeX: live order book, 4 min ago; Phemex: live order book, 4 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 edgeX live order book, 4 min ago	3.22 bp	8.1 bp −$8	11.2 bp −$112	doesn't fit	doesn't fit
Sell Phemex live order book, 4 min ago	1.12 bp	38.6 bp −$39	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
Gate GOOGL_USDT	0.0000%	8h	357.49	−0.030%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.63	+0.009%	$17.5M	$9.7M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.61	+0.004%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.40	−0.055%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.65	+0.015%	$115K	$216K	30x	as long as short
Phemex GOOGLUSDTshort	0.0000%	4h	357.68	+0.023%	$2.7M	$87K	10x
Nado GOOGL-PERP	+0.0008%	1h	357.40	−0.055%	$557K	$86K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.67	+0.021%	$522K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0022%	1h	357.50	−0.027%	$144K	$47K	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0026%	8h	357.63	+0.009%	$24K	$442K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GOOGL	+0.0029%	8h	357.57	−0.007%	$4.8M	$2.4M	—	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.59	−0.002%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.133%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.37	−0.063%	$207K	$279K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.67	+0.021%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.41	−0.052%	$99.2M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.37	−0.063%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.40	−0.055%	$155	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.18	−0.117%	$2.3M	$4.9M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.52	−0.021%	$1.3M	$4.2M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0065%	8h	357.53	−0.020%	$293	$253	5x	as long as short
OKX GOOGL-USDT-SWAP	+0.0068%	8h	357.56	−0.010%	$13.7M	$12.5M	50x	as long as short
Aster GOOGLUSDT	+0.0083%	8h	357.53	−0.019%	$366K	$426K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.39	−0.057%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.47	−0.035%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.44	−0.044%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.49	−0.030%	$10K	$11K	20x	as long as short
Binance GOOGLUSDT	+0.0103%	8h	357.61	+0.004%	$72.4M	$142.9M	50x	as long as short
Extended GOOGL-USD	+0.0104%	1h	357.52	−0.022%	$419K	$1.2M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0104%	1h	357.40	−0.055%	$33K	—	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.46	−0.039%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.50	−0.027%	$138K	$36K	20x	as long as short
Lighter GOOGL	+0.0192%	1h	357.61	+0.004%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0223%	8h	357.67	+0.021%	$693K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0241%	8h	357.72	+0.034%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDClong	+0.0954%	4h	357.60	long leg	$208K	$1.2M	10x