Funding you earn now, next payment 03:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.03 per $10,000 · paid last 24h −0.002%
Price spread now: QFEX against Aftermath Perps+0.073%50s7-day average +0.046% · you sell dearer than you buy
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−$390.387% of the position
Funding, last 3 days (all we have)+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.073%, 7d avg +0.046%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and QFEX is 0.027% dearer against Aftermath Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.046%. The two prices were read 50 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 | Aftermath Perps GOOGLUSD | 357.63 | 0.0005 | pay 0.0001% / 1h | 9m 40s | $144K | $49K | 10x |
| Short | QFEX GOOGL-USD | 357.89 | 0.0028 | get 0.0003% / 1h | 9m 40s | $1.3M | $4.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Aftermath 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
- $4.8
- Price spread: +0.073% → +0.046%
- $2.74
- Slippage, 4 orders
- −$19.75
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$31.2
- Costs to cover
- 0.387%
- Break-even
- 52.5 days
Slippage from Aftermath Perps: live order book, 54 min ago; QFEX: live order book, 4 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 Aftermath Perps live order book, 54 min ago | 4.28 bp | 14.1 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 2.24 bp | 7.2 bp −$7 | 7.5 bp −$75 | 13.0 bp −$1,303 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOOGL-PERP | −0.0104% | 1h | 357.73 | +0.029% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0064% | 1h | 357.46 | −0.047% | $524K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0029% | 1h | 357.71 | +0.022% | $558K | $80K | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.84 | +0.059% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.88 | +0.069% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.85 | +0.063% | $23K | $433K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.99 | +0.101% | $2K | $4.1M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 358.01 | +0.107% | $115K | $223K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 358.06 | +0.121% | $2.7M | $80K | 10x | as long as short |
| Aftermath Perps GOOGLUSDlong | +0.0005% | 1h | 357.63 | long leg | $144K | $49K | 10x |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GOOGLUSDT | +0.0020% | 8h | 357.78 | +0.042% | $366K | $457K | 20x | as long as short |
| QFEX GOOGL-USDshort | +0.0028% | 1h | 357.89 | +0.073% | $1.3M | $4.3M | 10x | |
| Lighter RH GOOGL | +0.0032% | 1h | 357.95 | +0.090% | $1.3M | $2.3M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.142% | $128K | $45K | 30x | as long as short |
| Binance GOOGLUSDT | +0.0040% | 8h | 357.98 | +0.100% | $72.9M | $141.1M | 50x | as long as short |
| Extended GOOGL-USD | +0.0040% | 1h | 357.89 | +0.072% | $426K | $1.8M | 20x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.63 | +0.001% | $208K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.92 | +0.082% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.75 | +0.034% | $99.1M | $21.0M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.68 | +0.015% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.75 | +0.034% | $152 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.57 | −0.016% | $2.3M | $4.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0060% | 8h | 357.88 | +0.070% | $293 | $253 | 5x | as long as short |
| Bitget GOOGLUSDT | +0.0063% | 8h | 357.98 | +0.098% | $17.5M | $9.6M | 100x | as long as short |
| Bybit GOOGLUSDT | +0.0070% | 8h | 358.09 | +0.129% | $11.9M | $7.5M | 100x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.90 | +0.076% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.50 | −0.036% | $3.0M | $66K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.59 | −0.011% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.85 | +0.062% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.83 | +0.057% | $25K | — | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0105% | 8h | 357.95 | +0.090% | $13.8M | $12.4M | 50x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.70 | +0.020% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0152% | 1h | 357.99 | +0.101% | $2.1M | $1.2M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0152% | 8h | 357.99 | +0.101% | $700K | $234K | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0169% | 1h | 357.82 | +0.054% | $24K | $154K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0417% | 4h | 357.85 | +0.062% | $209K | $1.2M | 10x | as long as short |
Aftermath Perps GOOGLUSD
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aster GOOGLUSDT
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Binance GOOGLUSDT
Extended GOOGL-USD
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Bitget GOOGLUSDT
Bybit GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
OKX GOOGL-USDT-SWAP
Phoenix GOOGL
Lighter GOOGL
BloFin GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
edgeX GOOGLUSDC