GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.006%

Price spread now: Phoenix against Extended−0.048%48s7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$240.238% of the position

Long on Extended Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.074%+$7 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.048%, 7d avg −0.034%

Together, before fees+0.057%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.034%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 48 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	Extended GOOGL-USD	357.37	0.0112	pay 0.0014% / 1h	44m 38s	$422K	$1.8M	20x
Short	Phoenix GOOGL	357.20	0.0179	get 0.0022% / 1h	44m 38s	$137K	$36K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Extended. 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 ExtendedbpFee PhoenixbpOrdersPrice spread, now −0.048%Rate

Funding earned: $14.08
Price spread: −0.048% → −0.034%: −$1.38
Slippage, 4 orders: −$11.75
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$11.05
Costs to cover: 0.238%
Break-even: 12.5 days

Slippage from Extended: live order book, 4 min ago; Phoenix: live order book, 66 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 Extended live order book, 4 min ago	0.14 bp	3.5 bp −$4	10.4 bp −$104	doesn't fit	doesn't fit
Sell Phoenix live order book, 66 min ago	2.52 bp	8.4 bp −$8	17.2 bp −$172	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
Deribit GOOGL_USDC-PERPETUAL	−0.0002%	1h	357.15	−0.062%	$24K	$155K	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.34	−0.009%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.48	+0.030%	$17.4M	$9.6M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.46	+0.025%	$783	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.53	+0.044%	$115K	$220K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.44	+0.019%	$2.7M	$85K	10x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	356.93	−0.124%	$522K	$1.1M	10x	as long as short
Variational Omni GOOGL	+0.0030%	8h	357.39	+0.006%	$4.8M	$2.4M	—	as long as short
Aftermath Perps GOOGLUSD	+0.0030%	1h	357.13	−0.068%	$144K	$48K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.48	+0.030%	$1.3M	$2.1M	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	−0.071%	$128K	$45K	30x	as long as short
GRVT GOOGL_USDT_Perp	+0.0036%	8h	357.25	−0.034%	$23K	$435K	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.11	−0.073%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.50	+0.036%	—	$5K	25x	as long as short
Nado GOOGL-PERP	+0.0047%	1h	357.27	−0.030%	$557K	$80K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.28	−0.026%	$99.1M	$20.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.23	−0.040%	$685K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.26	−0.031%	$142	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.07	−0.085%	$2.3M	$4.8M	15x	as long as short
QFEX GOOGL-USD	+0.0064%	1h	357.34	−0.009%	$1.3M	$4.2M	10x	as long as short
Aster GOOGLUSDT	+0.0088%	8h	357.57	+0.056%	$366K	$426K	20x	as long as short
Hotstuff GOOGL-PERP	+0.0096%	1h	357.28	−0.026%	$33K	—	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.43	+0.016%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.15	−0.062%	$3.0M	$91K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.19	−0.051%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.25	−0.034%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.32	−0.016%	$25K	—	10x	as long as short
Binance GOOGLUSDT	+0.0108%	8h	357.47	+0.027%	$72.5M	$141.4M	50x	as long as short
OKX GOOGL-USDT-SWAP	+0.0108%	8h	357.45	+0.022%	$13.8M	$12.4M	50x	as long as short
Extended GOOGL-USDlong	+0.0112%	1h	357.37	long leg	$422K	$1.8M	20x
Paradex GOOGL-USD-PERP	+0.0113%	8h	357.42	+0.014%	$293	$253	5x	as long as short
Phoenix GOOGLshort	+0.0179%	1h	357.20	−0.048%	$137K	$36K	20x
BloFin GOOGL-USDT	+0.0228%	8h	357.49	+0.033%	$693K	$234K	20x	as long as short
Bybit GOOGLUSDT	+0.0246%	8h	357.57	+0.055%	$12.0M	$7.5M	100x	as long as short
Lighter GOOGL	+0.0272%	1h	357.48	+0.030%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0629%	4h	357.18	−0.055%	$208K	$1.2M	10x	as long as short