Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.4% APRnext payment +$1.13 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against Binance−0.009%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days+0.003%$0 · spread now −0.009%, 7d avg +0.006%
=The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GOOGLUSDT | 356.82 | 0.0050 | pay 0.0050% / 8h | 1h 32m | $72.0M | $143.9M | 50x |
| Short | Bybit GOOGLUSDT | 356.79 | 0.0164 | get 0.0164% / 8h | 1h 32m | $11.6M | $7.9M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $23.81
- Price spread: −0.009% → +0.006%
- −$1.5
- Slippage, 4 orders
- −$7.42
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$6.11
- Costs to cover
- 0.284%
- Break-even
- 8.8 days
Slippage from Binance: live order book, 11 min ago; Bybit: live order book, 6 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 Binance live order book, 11 min ago | 0.14 bp | 6.3 bp −$6 | 8.4 bp −$84 | 24.7 bp −$2,470 | doesn't fit |
| Sell Bybit live order book, 6 min ago | 0.42 bp | 8.6 bp −$9 | 11.0 bp −$110 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0024% | 1h | 356.60 | −0.062% | $511K | $1.1M | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 356.71 | −0.031% | $13.6M | $13.0M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.63 | −0.053% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 356.83 | +0.003% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 356.61 | −0.058% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.77 | −0.014% | $23K | $446K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.76 | −0.017% | $1K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.48 | −0.095% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.89 | +0.019% | $114K | $212K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.72 | −0.028% | $2.7M | $87K | 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 | +0.0022% | 1h | 356.60 | −0.063% | $144K | $46K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0029% | 8h | 356.90 | +0.021% | $365K | $424K | 20x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.72 | −0.028% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.084% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0038% | 1h | 356.71 | −0.031% | $1.2M | $4.2M | 10x | as long as short |
| Nado GOOGL-PERP | +0.0040% | 1h | 356.59 | −0.066% | $548K | $92K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.45 | −0.104% | $207K | $278K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.83 | +0.003% | — | $5K | 25x | as long as short |
| Extended GOOGL-USD | +0.0048% | 1h | 356.73 | −0.025% | $423K | $1.2M | 20x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.61 | −0.059% | $98.0M | $21.4M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.58 | −0.067% | $684K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.57 | −0.070% | $151 | $46K | 10x | as long as short |
| Binance GOOGLUSDTlong | +0.0050% | 8h | 356.82 | long leg | $72.0M | $143.9M | 50x | |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.32 | −0.140% | $2.3M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0054% | 8h | 356.72 | −0.029% | $293 | $253 | 5x | as long as short |
| Hotstuff GOOGL-PERP | +0.0080% | 1h | 356.58 | −0.067% | $33K | — | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 356.50 | −0.090% | $137K | $36K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.58 | −0.067% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.59 | −0.065% | $3.0M | $103K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.49 | −0.093% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.59 | −0.065% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.60 | −0.061% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0136% | 1h | 356.75 | −0.020% | $2.0M | $1.3M | 20x | as long as short |
| Bybit GOOGLUSDTshort | +0.0164% | 8h | 356.79 | −0.009% | $11.6M | $7.9M | 100x | |
| BloFin GOOGL-USDT | +0.0171% | 8h | 356.76 | −0.017% | $689K | $235K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0221% | 4h | 356.65 | −0.047% | $208K | $1.2M | 10x | as long as short |
Binance GOOGLUSDT
Bybit GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Aster GOOGLUSDT
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Extended GOOGL-USD
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Phoenix GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
BloFin GOOGL-USDT
edgeX GOOGLUSDC