Funding you earn now, next payment 02:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.019%
Price spread now: Arcus against Ondo Perps0.000%7-day average +0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)+0.041%+$4 · spread now 0.000%, 7d avg +0.036%
=Together, before fees+0.115%+ Points / potential airdropOndo Perps: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Arcus is 0.036% cheaper against Ondo Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.036%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.074%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps GOOGL-USD.P | 356.51 | 0.0050 | pay 0.0006% / 1h | 34m 48s | $2.3M | $4.9M | 15x |
| Short | Arcus GOOGL-USD | 356.51 | 0.0040 | get 0.0005% / 1h | 34m 48s | $202K | $272K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Ondo Perps. 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
- −$2.13
- Price spread: 0.000% → +0.036%
- −$3.6
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$15.22
- Costs to cover
- 0.095%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Arcus: live order book, 34 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 34 min ago | 2.11 bp | 8.5 bp −$8 | 10.5 bp −$105 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0086% | 1h | 356.53 | +0.006% | $23K | $153K | 10x | as long as short |
| Hotstuff GOOGL-PERP | −0.0024% | 1h | 356.72 | +0.059% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0024% | 1h | 356.40 | −0.031% | $529K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0002% | 1h | 356.65 | +0.039% | $556K | $80K | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.78 | +0.076% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 356.75 | +0.067% | $16.9M | $9.2M | 100x | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.73 | +0.061% | $23K | $436K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.77 | +0.073% | $1K | $4.1M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.95 | +0.123% | $115K | $227K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.87 | +0.101% | $2.7M | $67K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps GOOGLUSD | +0.0008% | 1h | 356.50 | −0.004% | $144K | $51K | 10x | as long as short |
| Variational Omni GOOGL | +0.0017% | 8h | 356.74 | +0.064% | $4.7M | $2.4M | — | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.89 | +0.107% | $1.3M | $2.3M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.171% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0039% | 1h | 356.67 | +0.045% | $1.3M | $4.5M | 10x | as long as short |
| Arcus GOOGL-USDshort | +0.0040% | 1h | 356.51 | 0.000% | $202K | $272K | 10x | |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.89 | +0.107% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.78 | +0.076% | $98.7M | $22.3M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.53 | +0.006% | $683K | $433K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.74 | +0.065% | $158 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.Plong | +0.0050% | 1h | 356.51 | long leg | $2.3M | $4.9M | 15x | |
| Lighter GOOGL | +0.0056% | 1h | 356.86 | +0.098% | $2.1M | $1.2M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0061% | 4h | 356.68 | +0.046% | $209K | $1.2M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0062% | 8h | 356.79 | +0.079% | $293 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0071% | 8h | 356.72 | +0.060% | $365K | $458K | 20x | as long as short |
| Extended GOOGL-USD | +0.0088% | 1h | 356.72 | +0.058% | $421K | $1.8M | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 356.62 | +0.031% | $137K | $36K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0092% | 8h | 356.85 | +0.096% | $72.8M | $141.5M | 50x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.56 | +0.014% | $42K | $43K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.43 | −0.022% | $3.0M | $65K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.57 | +0.017% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.70 | +0.053% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.66 | +0.042% | $25K | — | 10x | as long as short |
| Bybit GOOGLUSDT | +0.0126% | 8h | 357.00 | +0.137% | $11.6M | $7.4M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0183% | 8h | 356.94 | +0.121% | $13.8M | $12.8M | 50x | as long as short |
| BloFin GOOGL-USDT | +0.0215% | 8h | 356.47 | −0.011% | $651K | $234K | 20x | as long as short |
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Bitget GOOGLUSDT
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Variational Omni GOOGL
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Lighter GOOGL
edgeX GOOGLUSDC
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Extended GOOGL-USD
Phoenix GOOGL
Binance GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT