Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.032%
Price spread now: Arcus against Deribit0.000%7-day average −0.018% · 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−$30as in the Price arb table
costs, in and out, $10k−$310.314% of the position
Funding, last 4 days (all we have)−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now 0.000%, 7d avg −0.018%
=The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit GOOGL_USDC-PERPETUAL | 356.90 | 0 | get 0.0000% / 1h | 52m 27s | $24K | $156K | 10x |
| Short | Arcus GOOGL-USD | 356.90 | 0.0040 | get 0.0005% / 1h | 52m 27s | $207K | $278K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Deribit. 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
- $8.46
- Price spread: 0.000% → −0.018%
- $1.85
- Slippage, 4 orders
- −$19.92
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$21.11
- Costs to cover
- 0.314%
- Break-even
- 24.5 days
Slippage from Deribit: live order book, 56 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 Deribit live order book, 56 min ago | 0.14 bp | 9.2 bp −$9 | 11.3 bp −$113 | 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-INTX | −0.0024% | 1h | 356.88 | −0.006% | $519K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0004% | 1h | 356.98 | +0.021% | $557K | $86K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.09 | +0.053% | $13.6M | $12.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.03 | +0.036% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.23 | +0.092% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.09 | +0.054% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.15 | +0.071% | $24K | $444K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.17 | +0.076% | $2K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUALlong | 0.0000% | 1h | 356.90 | long leg | $24K | $156K | 10x | |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.32 | +0.118% | $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 | +0.106% | $2.7M | $87K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0024% | 1h | 357.22 | +0.090% | $144K | $46K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.09 | +0.053% | $1.4M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.062% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0038% | 1h | 357.03 | +0.036% | $1.3M | $4.2M | 10x | as long as short |
| Aster GOOGLUSDT | +0.0040% | 8h | 357.32 | +0.117% | $365K | $424K | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0040% | 1h | 356.92 | +0.006% | $33K | — | 20x | as long as short |
| Arcus GOOGL-USDshort | +0.0040% | 1h | 356.90 | 0.000% | $207K | $278K | 10x | |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.23 | +0.092% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.95 | +0.014% | $98.1M | $21.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.98 | +0.022% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.91 | +0.003% | $158 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.84 | −0.017% | $2.3M | $4.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0056% | 8h | 357.11 | +0.058% | $293 | $253 | 5x | as long as short |
| Binance GOOGLUSDT | +0.0061% | 8h | 357.17 | +0.076% | $72.1M | $143.6M | 50x | as long as short |
| Extended GOOGL-USD | +0.0064% | 1h | 357.07 | +0.049% | $422K | $1.2M | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 357.09 | +0.053% | $137K | $36K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.96 | +0.018% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.71 | −0.053% | $3.0M | $109K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.00 | +0.028% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.97 | +0.020% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.03 | +0.037% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0176% | 1h | 357.16 | +0.073% | $2.0M | $1.3M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0181% | 8h | 357.13 | +0.064% | $690K | $235K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0182% | 8h | 357.19 | +0.081% | $12.0M | $7.5M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0833% | 4h | 357.10 | +0.055% | $208K | $1.2M | 10x | as long as short |
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
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