GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0253%/8h= +27.7% APRnext payment +$0.32 per $10,000 · paid last 24h +0.020%

Price spread now: Arcus against Polymarket Perps−0.006%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$180.178% of the position

Long on Polymarket Perps Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.066%+$7 on $10k

Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.006%, 7d avg +0.005%

Together, before fees+0.249%+$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.066% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.32 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps GOOG-USD	357.38	0.0050	pay 0.0006% / 1h	58m 06s	$684K	$440K	10x
Short	Arcus GOOGL-USD	357.36	0.0303	get 0.0038% / 1h	58m 06s	$212K	$222K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Polymarket Perps. 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 Polymarket PerpsbpFee ArcusbpOrdersPrice spread, now −0.006%Rate

Funding earned: $53.07
Price spread: −0.006% → +0.005%: −$1.09
Slippage, 4 orders: −$5.27
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $34.22
Costs to cover: 0.178%
Break-even: 2.5 days

Slippage from Polymarket Perps: live order book, 48 min ago; Arcus: live order book, 48 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 Polymarket Perps live order book, 48 min ago	1.96 bp	6.2 bp −$6	8.8 bp −$88	doesn't fit	doesn't fit
Sell Arcus live order book, 48 min ago	0.42 bp	2.7 bp −$3	9.1 bp −$91	18.9 bp −$1,888	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	−0.0016%	1h	357.33	−0.014%	$530K	$1.2M	10x	as long as short
Bybit GOOGLUSDT	0.0000%	8h	357.50	+0.034%	$11.6M	$7.8M	100x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.50	+0.034%	$13.4M	$13.8M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.43	+0.014%	$3.7M	$6.2M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.58	+0.056%	$17.4M	$9.9M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.72	+0.095%	$5.0M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.77	+0.109%	$12K	$467K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.74	+0.101%	$1K	$3.7M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.33	−0.014%	$29K	$151K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.72	+0.095%	$115K	$212K	30x	as long as short

Show all 36 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex GOOGLUSDT	0.0000%	4h	357.71	+0.092%	$2.7M	$116K	10x	as long as short
Nado GOOGL-PERP	+0.0030%	1h	357.37	−0.001%	$553K	$83K	20x	as long as short
Aster GOOGLUSDT	+0.0032%	8h	357.56	+0.050%	$367K	$420K	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.60	+0.062%	$1.4M	$1.9M	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0032%	1h	357.53	+0.042%	$144K	$41K	10x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.073%	$128K	$45K	30x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.61	+0.064%	—	$5K	25x	as long as short
Extended GOOGL-USD	+0.0048%	1h	357.45	+0.021%	$427K	$2.8M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0048%	1h	357.45	+0.020%	$33K	—	20x	as long as short
Binance GOOGLUSDT	+0.0049%	8h	357.58	+0.056%	$73.0M	$146.0M	50x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.34	−0.011%	$98.0M	$21.6M	20x	as long as short
Polymarket Perps GOOG-USDlong	+0.0050%	1h	357.38	long leg	$684K	$440K	10x
SoDEX GOOGL-USD	+0.0050%	1h	357.33	−0.014%	$107	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.33	−0.014%	$2.3M	$4.0M	15x	as long as short
QFEX GOOGL-USD	+0.0060%	1h	357.40	+0.006%	$1.2M	$4.1M	10x	as long as short
Paradex GOOGL-USD-PERP	+0.0060%	8h	357.45	+0.020%	$293	$253	5x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.27	−0.032%	$42K	$20K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.30	−0.022%	$3.0M	$312K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.56	+0.050%	$36K	$17K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.39	+0.003%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.37	−0.002%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0134%	1h	357.62	+0.067%	$138K	$36K	20x	as long as short
Lighter GOOGL	+0.0168%	1h	357.51	+0.036%	$2.0M	$2.1M	20x	as long as short
BloFin GOOGL-USDT	+0.0169%	8h	357.86	+0.134%	$694K	$231K	20x	as long as short
Arcus GOOGL-USDshort	+0.0303%	1h	357.36	−0.006%	$212K	$222K	10x
edgeX GOOGLUSDC	+0.0657%	4h	357.72	+0.096%	$208K	$1.2M	10x	as long as short