Funding you earn now, next payment 06:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.023%
Price spread now: Arcus against Coinbase International+0.006%7-day average +0.065% · 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−$41as in the Price arb table
costs, in and out, $10k−$350.346% of the position
Funding, last 4 days (all we have)+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.006%, 7d avg +0.065%
=Funding pays, the price is against you. Arcus is 0.059% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.006% now, against its 7-day average of +0.065%). If the spread goes back, that is −$6 on $10k: about 3.1 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International GOOGL-PERP-INTX | 356.88 | −0.0024 | get 0.0003% / 1h | 52m 29s | $519K | $1.1M | 10x |
| Short | Arcus GOOGL-USD | 356.90 | 0.0040 | get 0.0005% / 1h | 52m 29s | $207K | $278K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $13.5
- Price spread: +0.006% → +0.065%
- −$5.93
- Slippage, 4 orders
- −$20.1
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$27.03
- Costs to cover
- 0.346%
- Break-even
- 21.0 days
Slippage from Coinbase International: live order book, 1 min ago; Arcus: live order book, 56 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 Coinbase International live order book, 1 min ago | 1.96 bp | 8.3 bp −$8 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 56 min ago | 2.10 bp | 9.6 bp −$10 | 11.3 bp −$113 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTXlong | −0.0024% | 1h | 356.88 | long leg | $519K | $1.1M | 10x | |
| Nado GOOGL-PERP | −0.0004% | 1h | 356.98 | +0.027% | $557K | $86K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.09 | +0.059% | $13.6M | $12.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.03 | +0.042% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.23 | +0.098% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.09 | +0.060% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.15 | +0.077% | $24K | $444K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.17 | +0.081% | $2K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.90 | +0.006% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.32 | +0.123% | $115K | $212K | 30x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.28 | +0.112% | $2.7M | $87K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0024% | 1h | 357.22 | +0.095% | $144K | $46K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.09 | +0.059% | $1.4M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.067% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0038% | 1h | 357.03 | +0.042% | $1.3M | $4.2M | 10x | as long as short |
| Aster GOOGLUSDT | +0.0040% | 8h | 357.32 | +0.122% | $365K | $424K | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0040% | 1h | 356.92 | +0.011% | $33K | — | 20x | as long as short |
| Arcus GOOGL-USDshort | +0.0040% | 1h | 356.90 | +0.006% | $207K | $278K | 10x | |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.23 | +0.098% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.95 | +0.020% | $98.1M | $21.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.98 | +0.028% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.91 | +0.008% | $158 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.84 | −0.011% | $2.3M | $4.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0056% | 8h | 357.11 | +0.063% | $293 | $253 | 5x | as long as short |
| Binance GOOGLUSDT | +0.0061% | 8h | 357.17 | +0.081% | $72.1M | $143.6M | 50x | as long as short |
| Extended GOOGL-USD | +0.0064% | 1h | 357.07 | +0.054% | $422K | $1.2M | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 357.09 | +0.059% | $137K | $36K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.96 | +0.023% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.71 | −0.048% | $3.0M | $109K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.00 | +0.034% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.97 | +0.025% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.03 | +0.043% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0176% | 1h | 357.16 | +0.078% | $2.0M | $1.3M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0181% | 8h | 357.13 | +0.070% | $690K | $235K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0182% | 8h | 357.19 | +0.087% | $12.0M | $7.5M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0833% | 4h | 357.10 | +0.061% | $208K | $1.2M | 10x | as long as short |
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Aster GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Binance GOOGLUSDT
Extended GOOGL-USD
Phoenix GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC