GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.006%

Price spread now: Phoenix against Extended−0.053%48s7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$250.248% of the position

Long on Extended Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.072%+$7 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now −0.053%, 7d avg −0.033%

Together, before fees+0.056%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.033%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 48 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	Extended GOOGL-USD	358.80	0.0064	pay 0.0008% / 1h	16m 28s	$424K	$2.4M	20x
Short	Phoenix GOOGL	358.61	0.0134	get 0.0017% / 1h	16m 28s	$138K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Extended. 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 ExtendedbpFee PhoenixbpOrdersPrice spread, now −0.053%Rate

Funding earned: $14.69
Price spread: −0.053% → −0.033%: −$1.98
Slippage, 4 orders: −$12.83
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$12.12
Costs to cover: 0.248%
Break-even: 12.8 days

Slippage from Extended: live order book, 5 min ago; Phoenix: live order book, 28 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 Extended live order book, 5 min ago	0.14 bp	3.5 bp −$4	10.7 bp −$107	doesn't fit	doesn't fit
Sell Phoenix live order book, 28 min ago	3.07 bp	8.9 bp −$9	19.1 bp −$191	doesn't fit	doesn't fit

GOOGL on 36 exchanges

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	358.00	−0.223%	$516K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	358.94	+0.039%	$13.5M	$13.5M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.71	−0.025%	$3.7M	$6.8M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.97	+0.047%	$17.5M	$9.4M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	358.85	+0.014%	$5.0M	$2.4M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.96	+0.044%	$1K	$3.7M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.99	+0.053%	$115K	$210K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	359.04	+0.067%	$2.7M	$106K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0001%	1h	358.71	−0.025%	$25K	$148K	10x	as long as short
Bybit GOOGLUSDT	+0.0007%	8h	358.86	+0.017%	$11.5M	$7.5M	100x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps GOOGLUSD	+0.0030%	1h	358.65	−0.041%	$145K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.84	+0.011%	$1.3M	$1.9M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.468%	$128K	$45K	30x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	358.93	+0.036%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0048%	1h	358.80	0.000%	$1.3M	$4.1M	10x	as long as short
Aster GOOGLUSDT	+0.0049%	8h	358.53	−0.074%	$368K	$420K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	358.65	−0.042%	$98.3M	$21.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	358.74	−0.017%	$687K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	358.66	−0.039%	$110	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	358.47	−0.092%	$2.3M	$3.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0062%	8h	358.78	−0.005%	$294	$253	5x	as long as short
Extended GOOGL-USDlong	+0.0064%	1h	358.80	long leg	$424K	$2.4M	20x
Binance GOOGLUSDT	+0.0068%	8h	358.91	+0.030%	$73.3M	$141.4M	50x	as long as short
Nado GOOGL-PERP	+0.0080%	1h	358.70	−0.028%	$552K	$81K	20x	as long as short
Arcus GOOGL-USD	+0.0081%	1h	358.66	−0.039%	$211K	$279K	10x	as long as short
Hotstuff GOOGL-PERP	+0.0096%	1h	358.66	−0.039%	$33K	—	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	358.55	−0.069%	$42K	$20K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	358.47	−0.092%	$3.0M	$222K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	358.52	−0.078%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.82	+0.005%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	358.76	−0.011%	$25K	—	10x	as long as short
Phoenix GOOGLshort	+0.0134%	1h	358.61	−0.053%	$138K	$36K	20x
GRVT GOOGL_USDT_Perp	+0.0145%	8h	358.89	+0.024%	$23K	$447K	10x	as long as short
BloFin GOOGL-USDT	+0.0187%	8h	358.91	+0.030%	$688K	$240K	20x	as long as short
Lighter GOOGL	+0.0192%	1h	358.85	+0.014%	$2.0M	$2.2M	20x	as long as short
edgeX GOOGLUSDC	+0.0260%	4h	358.82	+0.007%	$209K	$1.2M	10x	as long as short