Alphabet (GOOGL)

Perp: GOOGL on INTX · Hedge: GOOGL (Stock)

Funding (ann.)

-27.0%

Basis

+0.65%

Open interest

$1,362,626

Status

delayed

Research note: meets research condition

Funding rate — annualized, 12077 settlement snapshots

Timezone: UTC · Units: % annualized · Source: dellserver funding-arb daemon (delayed export) · Last update: 2026-10-31T11:45:05+00:00

Basis — (perp mark − hedge) / hedge

Timezone: UTC · Units: % · Source: dellserver funding-arb daemon (delayed export) · Last update: 2026-10-31T11:45:05+00:00

Open interest — historical liquidity

Timezone: UTC · Units: USD notional · Source: dellserver funding-arb daemon (delayed export) · Last update: 2026-10-31T11:45:05+00:00

Persistence

3% of snapshots over the trailing 168h met the research condition: FR <= -20% APR, 7-day window.

Opened	Direction	Status	Net P&L	All-in P&L	Close reason
2026-10-21 16:48 UTC	short_hl_long_ib	open	+$26.32	—	—
2026-10-01 14:30 UTC	short_hl_long_ib	closed	+$32.24	+$51.06	emergency FR=-96%
2026-08-24 14:49 UTC	short_hl_long_ib	closed	+$65.81	+$73.94	max hold 30d exceeded
2026-07-23 14:48 UTC	short_hl_long_ib	closed	+$145.00	—	max hold 30d exceeded

The hedge leg only trades during its market's own hours; the perp trades 24/7 — see Methodology for how naked-leg windows are handled.
Funding and basis figures are delayed, not real-time — see the status strip at the top of every page.