GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0523%/8h= −57.3% APRnext payment −$2.62 per $10,000 · paid last 24h −0.192%

Price spread now: Phemex against edgeX+0.031%7-day average +0.036% · you sell dearer than you buy

Net, funding: paid 7d − costs−$113as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$1011.009% of the position

Long on edgeX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 4 days (all we have)+0.111%+$11 · spread now +0.031%, 7d avg +0.036%

Together, before fees−0.010%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.62 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	edgeX GOOGLUSDC	357.44	0.0523	pay 0.0262% / 4h	3h 41m	$208K	$1.2M	10x
Short	Phemex GOOGLUSDT	357.55	0	get 0.0000% / 4h	3h 41m	$2.7M	$85K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against edgeX. 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 edgeXbpFee PhemexbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$109.9
Price spread: +0.031% → +0.036%: −$0.57
Slippage, 4 orders: −$79.94
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$211.41
Costs to cover: 1.009%
Break-even: never at this rate

Slippage from edgeX: live order book, 3 min ago; Phemex: live order book, 2 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 edgeX live order book, 3 min ago	3.22 bp	7.9 bp −$8	11.0 bp −$110	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	1.68 bp	42.1 bp −$42	doesn't fit	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	357.41	−0.009%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.59	+0.042%	$17.4M	$9.6M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.61	+0.047%	$966	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.32	−0.034%	$24K	$155K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.68	+0.067%	$115K	$220K	30x	as long as short
Phemex GOOGLUSDTshort	0.0000%	4h	357.55	+0.031%	$2.7M	$85K	10x
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.11	−0.092%	$522K	$1.1M	10x	as long as short
Nado GOOGL-PERP	+0.0026%	1h	357.43	−0.002%	$558K	$80K	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0027%	1h	357.19	−0.069%	$144K	$48K	10x	as long as short
Variational Omni GOOGL	+0.0030%	8h	357.39	−0.013%	$4.8M	$2.4M	—	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH GOOGL	+0.0032%	1h	357.53	+0.025%	$1.3M	$2.1M	20x	as long as short
GRVT GOOGL_USDT_Perp	+0.0032%	8h	357.44	0.000%	$23K	$436K	10x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.090%	$128K	$45K	30x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.20	−0.067%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.64	+0.056%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.37	−0.020%	$99.1M	$20.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.32	−0.034%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.34	−0.028%	$142	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.16	−0.078%	$2.3M	$4.9M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.45	+0.003%	$1.3M	$4.2M	10x	as long as short
Aster GOOGLUSDT	+0.0089%	8h	357.77	+0.093%	$366K	$426K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.49	+0.015%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.15	−0.081%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.26	−0.050%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.43	−0.003%	$10K	$11K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0103%	8h	357.48	+0.011%	$13.8M	$12.4M	50x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.38	−0.017%	$25K	—	10x	as long as short
Binance GOOGLUSDT	+0.0108%	8h	357.53	+0.025%	$72.5M	$141.5M	50x	as long as short
Paradex GOOGL-USD-PERP	+0.0109%	8h	357.55	+0.030%	$293	$253	5x	as long as short
Extended GOOGL-USD	+0.0112%	1h	357.42	−0.006%	$419K	$1.8M	20x	as long as short
Hotstuff GOOGL-PERP	+0.0168%	1h	357.41	−0.009%	$33K	—	20x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.33	−0.031%	$137K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0228%	8h	357.52	+0.022%	$693K	$234K	20x	as long as short
Lighter GOOGL	+0.0232%	1h	357.52	+0.022%	$2.0M	$1.3M	20x	as long as short
Bybit GOOGLUSDT	+0.0243%	8h	357.62	+0.050%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDClong	+0.0523%	4h	357.44	long leg	$208K	$1.2M	10x