GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0134%/8h= +14.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.033%

Price spread now: Phoenix against Deribit−0.006%70s7-day average −0.012% · 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—prices read too far apart to compare

costs, in and out, $10k−$310.312% of the position

Long on Deribit Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.039%−$4 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.006%, 7d avg −0.012%

Together, before fees−0.108%−$11 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 70 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	Deribit GOOGL_USDC-PERPETUAL	357.09	0	get 0.0000% / 1h	24m 16s	$24K	$156K	10x
Short	Phoenix GOOGL	357.07	0.0134	get 0.0017% / 1h	24m 16s	$137K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.006%Rate

Funding earned: $28.19
Price spread: −0.006% → −0.012%: $0.65
Slippage, 4 orders: −$17.19
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$2.35
Costs to cover: 0.312%
Break-even: 7.6 days

Slippage from Deribit: live order book, 24 min ago; Phoenix: live order book, 16 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, 24 min ago	0.14 bp	9.2 bp −$9	11.3 bp −$113	doesn't fit	doesn't fit
Sell Phoenix live order book, 16 min ago	3.08 bp	9.2 bp −$9	19.7 bp −$197	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
Nado GOOGL-PERP	−0.0008%	1h	357.15	+0.018%	$557K	$86K	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.19	+0.028%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.33	+0.067%	$17.3M	$9.9M	100x	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.06	−0.008%	$23K	$444K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.35	+0.073%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUALlong	0.0000%	1h	357.09	long leg	$24K	$156K	10x
HTX GOOGL-USDT	0.0000%	8h	357.43	+0.095%	$115K	$214K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.36	+0.076%	$2.7M	$87K	10x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.24	+0.041%	$4.8M	$2.4M	—	as long as short
OKX GOOGL-USDT-SWAP	+0.0012%	8h	357.28	+0.053%	$13.7M	$12.9M	50x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.04	−0.014%	$519K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0021%	1h	356.97	−0.034%	$144K	$47K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.27	+0.050%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	+0.008%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.93	−0.045%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.38	+0.081%	—	$5K	25x	as long as short
QFEX GOOGL-USD	+0.0047%	1h	357.23	+0.039%	$1.3M	$4.3M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.08	−0.003%	$98.2M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.04	−0.014%	$685K	$430K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.08	−0.003%	$160	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.90	−0.053%	$2.3M	$4.8M	15x	as long as short
Aster GOOGLUSDT	+0.0057%	8h	357.41	+0.090%	$366K	$426K	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0061%	8h	357.27	+0.049%	$293	$253	5x	as long as short
Binance GOOGLUSDT	+0.0077%	8h	357.32	+0.064%	$72.1M	$143.8M	50x	as long as short
Extended GOOGL-USD	+0.0080%	1h	357.23	+0.039%	$424K	$1.2M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.25	+0.046%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.01	−0.022%	$3.0M	$106K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.03	−0.017%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.12	+0.008%	$10K	$11K	20x	as long as short
Lighter GOOGL	+0.0104%	1h	357.28	+0.053%	$2.0M	$1.3M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.16	+0.020%	$25K	—	10x	as long as short
Hotstuff GOOGL-PERP	+0.0128%	1h	357.12	+0.008%	$33K	—	20x	as long as short
Phoenix GOOGLshort	+0.0134%	1h	357.07	−0.006%	$137K	$36K	20x
BloFin GOOGL-USDT	+0.0198%	8h	357.32	+0.064%	$687K	$236K	20x	as long as short
Bybit GOOGLUSDT	+0.0210%	8h	357.39	+0.084%	$12.0M	$7.6M	100x	as long as short
edgeX GOOGLUSDC	+0.0623%	4h	357.09	0.000%	$208K	$1.2M	10x	as long as short