GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0521%/8h= −57.0% APRnext payment −$0.65 per $10,000 · paid last 24h −0.011%

Price spread now: Aftermath Perps against Deribit−0.045%7-day average −0.009% · 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−$42as in the Price arb table

costs, in and out, $10k−$390.387% of the position

Long on Deribit Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.162%−$16 on $10k

Price spread, last 3 days (all we have)−0.015%−$1 · spread now −0.045%, 7d avg −0.009%

Together, before fees−0.176%−$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Aftermath Perps is 0.036% cheaper against Deribit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.009%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.162% in total (about -18.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.65 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	Deribit GOOGL_USDC-PERPETUAL	356.43	0.0536	pay 0.0067% / 1h	24m 14s	$22K	$151K	10x
Short	Aftermath Perps GOOGLUSD	356.27	0.0015	get 0.0002% / 1h	24m 14s	$144K	$54K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Deribit. 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 DeribitbpFee Aftermath PerpsbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$109.35
Price spread: −0.045% → −0.009%: −$3.58
Slippage, 4 orders: −$22.73
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$151.66
Costs to cover: 0.387%
Break-even: never at this rate

Slippage from Deribit: live order book, 59 min ago; Aftermath Perps: 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 Deribit live order book, 59 min ago	0.14 bp	10.3 bp −$10	13.8 bp −$138	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 60 min ago	6.67 bp	11.2 bp −$11	21.1 bp −$211	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-INTX	−0.0024%	1h	356.19	−0.067%	$530K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0016%	1h	356.26	−0.048%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.41	−0.006%	$3.6M	$7.5M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	356.53	+0.028%	$977	$4.2M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	356.67	+0.067%	$115K	$224K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	356.55	+0.034%	$2.7M	$64K	10x	as long as short
Variational Omni GOOGL	+0.0008%	8h	356.52	+0.025%	$4.6M	$2.5M	—	as long as short
GRVT GOOGL_USDT_Perp	+0.0012%	8h	356.44	+0.003%	$23K	$484K	10x	as long as short
Aftermath Perps GOOGLUSDshort	+0.0015%	1h	356.27	−0.045%	$144K	$54K	10x
Lighter RH GOOGL	+0.0032%	1h	356.53	+0.028%	$1.4M	$2.5M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.194%	$128K	$45K	30x	as long as short
QFEX GOOGL-USD	+0.0045%	1h	356.48	+0.014%	$1.3M	$4.8M	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	356.37	−0.017%	—	$5K	25x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	356.27	−0.045%	$683K	$437K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	356.28	−0.042%	$185	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.17	−0.073%	$2.3M	$4.9M	15x	as long as short
Bybit GOOGLUSDT	+0.0051%	8h	356.60	+0.048%	$11.5M	$7.7M	100x	as long as short
tradeXYZ xyz:GOOGL	+0.0053%	1h	356.27	−0.045%	$98.1M	$24.9M	20x	as long as short
Aster GOOGLUSDT	+0.0073%	8h	356.75	+0.091%	$362K	$455K	20x	as long as short
Bitget GOOGLUSDT	+0.0085%	8h	356.56	+0.036%	$16.9M	$9.2M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0088%	8h	356.45	+0.006%	$292	$253	5x	as long as short
OKX GOOGL-USDT-SWAP	+0.0092%	8h	356.53	+0.028%	$13.8M	$12.8M	50x	as long as short
Extended GOOGL-USD	+0.0096%	1h	356.47	+0.012%	$421K	$1.6M	20x	as long as short
Binance GOOGLUSDT	+0.0099%	8h	356.53	+0.028%	$73.0M	$142.3M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.40	−0.008%	$42K	$45K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.17	−0.073%	$3.0M	$67K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.08	−0.098%	$21K	$9K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.46	+0.008%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.42	−0.003%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0135%	1h	356.36	−0.020%	$137K	$48K	20x	as long as short
Nado GOOGL-PERP	+0.0135%	1h	356.14	−0.081%	$557K	$82K	20x	as long as short
Arcus GOOGL-USD	+0.0169%	1h	356.33	−0.028%	$202K	$271K	10x	as long as short
BloFin GOOGL-USDT	+0.0216%	8h	356.56	+0.036%	$690K	$235K	20x	as long as short
Lighter GOOGL	+0.0272%	1h	356.54	+0.031%	$2.0M	$1.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUALlong	+0.0536%	1h	356.43	long leg	$22K	$151K	10x
edgeX GOOGLUSDC	+0.0803%	4h	356.45	+0.006%	$208K	$1.2M	10x	as long as short