Funding you earn now, next payment 02:00 UTC+0.0177%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.013%
Price spread now: Phoenix against Nado−0.015%57s7-day average −0.031% · 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−$410.412% of the position
Funding, last 3 days (all we have)+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.015%, 7d avg −0.031%
=Together, before fees+0.021%+ Points / potential airdropNado: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. The two prices were read 57 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 | Nado GOOGL-PERP | 357.59 | −0.0065 | get 0.0008% / 1h | 46m 31s | $558K | $80K | 20x |
| Short | Phoenix GOOGL | 357.54 | 0.0112 | get 0.0014% / 1h | 46m 31s | $138K | $36K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Nado. 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
- $37.08
- Price spread: −0.015% → −0.031%
- $1.67
- Slippage, 4 orders
- −$27.21
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$2.46
- Costs to cover
- 0.412%
- Break-even
- 7.5 days
Slippage from Nado: live order book, 17 min ago; Phoenix: live order book, 9 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 Nado live order book, 17 min ago | 0.14 bp | 10.3 bp −$10 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 9 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 | −0.0617% | 1h | 357.24 | −0.099% | $23K | $154K | 10x | as long as short |
| Nado GOOGL-PERPlong | −0.0065% | 1h | 357.59 | long leg | $558K | $80K | 20x | |
| Coinbase International GOOGL-PERP-INTX | −0.0064% | 1h | 357.29 | −0.085% | $523K | $1.1M | 10x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.64 | +0.013% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.62 | +0.006% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.65 | +0.015% | $23K | $437K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.71 | +0.033% | $1K | $4.1M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.88 | +0.080% | $115K | $223K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.75 | +0.044% | $2.7M | $75K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0005% | 1h | 357.43 | −0.046% | $144K | $50K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit GOOGLUSDT | +0.0020% | 8h | 357.80 | +0.058% | $11.8M | $7.5M | 100x | as long as short |
| QFEX GOOGL-USD | +0.0028% | 1h | 357.62 | +0.008% | $1.3M | $4.4M | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.75 | +0.044% | $1.3M | $2.3M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.132% | $128K | $45K | 30x | as long as short |
| Aster GOOGLUSDT | +0.0034% | 8h | 357.63 | +0.010% | $366K | $458K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.43 | −0.045% | $207K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.84 | +0.069% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.54 | −0.015% | $99.0M | $22.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.40 | −0.054% | $685K | $431K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.54 | −0.015% | $144 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.39 | −0.057% | $2.2M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0054% | 8h | 357.70 | +0.031% | $293 | $253 | 5x | as long as short |
| Binance GOOGLUSDT | +0.0054% | 8h | 357.74 | +0.041% | $72.9M | $141.5M | 50x | as long as short |
| Extended GOOGL-USD | +0.0056% | 1h | 357.65 | +0.017% | $421K | $1.8M | 20x | as long as short |
| Bitget GOOGLUSDT | +0.0058% | 8h | 357.74 | +0.041% | $17.0M | $9.3M | 100x | as long as short |
| Hotstuff GOOGL-PERP | +0.0072% | 1h | 357.54 | −0.015% | $33K | — | 20x | as long as short |
| Lighter GOOGL | +0.0088% | 1h | 357.78 | +0.053% | $2.1M | $1.2M | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.50 | −0.026% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.35 | −0.068% | $3.0M | $65K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.57 | −0.006% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.56 | −0.009% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.56 | −0.009% | $25K | — | 10x | as long as short |
| Phoenix GOOGLshort | +0.0112% | 1h | 357.54 | −0.015% | $138K | $36K | 20x | |
| OKX GOOGL-USDT-SWAP | +0.0132% | 8h | 357.71 | +0.033% | $13.8M | $12.4M | 50x | as long as short |
| BloFin GOOGL-USDT | +0.0175% | 8h | 357.69 | +0.027% | — | $234K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0789% | 4h | 357.68 | +0.024% | $209K | $1.2M | 10x | as long as short |
Phoenix GOOGL
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Bybit GOOGLUSDT
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
Bitget GOOGLUSDT
Lighter GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT
edgeX GOOGLUSDC