GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0111%/8h= +12.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.022%

Price spread now: Phoenix against Aftermath Perps+0.015%63s7-day average −0.005% · 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—prices read too far apart to compare

costs, in and out, $10k−$480.482% of the position

Long on Aftermath Perps Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.058%+$6 on $10k

Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.015%, 7d avg −0.005%

Together, before fees+0.006%+$1 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Phoenix is 0.020% dearer against Aftermath Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.005%. The two prices were read 63 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	Aftermath Perps GOOGLUSD	357.16	0.0023	pay 0.0003% / 1h	45m 57s	$144K	$47K	10x
Short	Phoenix GOOGL	357.21	0.0134	get 0.0017% / 1h	45m 57s	$137K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Aftermath 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 Aftermath PerpsbpFee PhoenixbpOrdersPrice spread, now +0.015%Rate

Funding earned: $23.28
Price spread: +0.015% → −0.005%: $2.02
Slippage, 4 orders: −$32.21
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$22.91
Costs to cover: 0.482%
Break-even: 13.9 days

Slippage from Aftermath Perps: live order book, 3 min ago; Phoenix: live order book, 60 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 Aftermath Perps live order book, 3 min ago	7.90 bp	14.4 bp −$14	25.2 bp −$252	doesn't fit	doesn't fit
Sell Phoenix live order book, 60 min ago	3.08 bp	9.3 bp −$9	20.1 bp −$201	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	357.15	−0.001%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.27	+0.032%	$17.4M	$9.7M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.27	+0.032%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.96	−0.055%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.30	+0.041%	$115K	$215K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.40	+0.069%	$2.7M	$87K	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0008%	8h	357.35	+0.055%	$24K	$447K	10x	as long as short
Variational Omni GOOGL	+0.0015%	8h	357.17	+0.005%	$4.8M	$2.4M	—	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.19	+0.010%	$521K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSDlong	+0.0023%	1h	357.16	long leg	$144K	$47K	10x

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH GOOGL	+0.0032%	1h	357.21	+0.015%	$1.3M	$2.1M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0032%	1h	357.01	−0.041%	$33K	—	20x	as long as short
Nado GOOGL-PERP	+0.0033%	1h	356.99	−0.046%	$557K	$86K	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.010%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.03	−0.035%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.21	+0.015%	—	$5K	25x	as long as short
OKX GOOGL-USDT-SWAP	+0.0046%	8h	357.15	−0.001%	$13.7M	$12.5M	50x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.16	+0.001%	$1.3M	$4.3M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.04	−0.032%	$99.1M	$20.7M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.02	−0.038%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.02	−0.038%	$149	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.93	−0.063%	$2.3M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0067%	8h	357.15	−0.002%	$293	$253	5x	as long as short
Aster GOOGLUSDT	+0.0073%	8h	357.40	+0.069%	$366K	$426K	20x	as long as short
Binance GOOGLUSDT	+0.0092%	8h	357.23	+0.021%	$72.3M	$143.1M	50x	as long as short
Extended GOOGL-USD	+0.0096%	1h	357.14	−0.006%	$424K	$1.2M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.00	−0.044%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.04	−0.032%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.16	+0.001%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.13	−0.007%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.10	−0.017%	$25K	—	10x	as long as short
Phoenix GOOGLshort	+0.0134%	1h	357.21	+0.015%	$137K	$36K	20x
Lighter GOOGL	+0.0152%	1h	357.21	+0.015%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0212%	8h	357.29	+0.038%	$694K	$235K	20x	as long as short
Bybit GOOGLUSDT	+0.0228%	8h	357.34	+0.052%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0457%	4h	357.23	+0.022%	$208K	$1.2M	10x	as long as short