Funding you earn now, next payment 00:00 UTC−0.0083%/8h= −9.1% APRnext payment −$0.83 per $10,000 · paid last 24h −0.040%
Price spread now: Gate against Binance−0.048%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$360.364% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 2 days (all we have)+0.044%+$4 · spread now −0.048%, 7d avg −0.023%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.024% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GOOGLUSDT | 356.50 | 0.0083 | pay 0.0083% / 8h | 1h 28m | $73.0M | $142.2M | 50x |
| Short | Gate GOOGL_USDT | 356.33 | 0 | get 0.0000% / 8h | 1h 28m | $3.6M | $7.5M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$17.38
- Price spread: −0.048% → −0.023%
- −$2.42
- Slippage, 4 orders
- −$11.39
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$56.19
- Costs to cover
- 0.364%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Gate: live order book, 5 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, 14 min ago | 0.14 bp | 5.6 bp −$6 | 8.0 bp −$80 | 18.9 bp −$1,891 | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.39 bp | 13.8 bp −$14 | 20.8 bp −$208 | 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 | 356.19 | −0.087% | $530K | $1.1M | 10x | as long as short |
| Gate GOOGL_USDTshort | 0.0000% | 8h | 356.33 | −0.048% | $3.6M | $7.5M | 100x | |
| Variational Omni GOOGL | 0.0000% | 8h | 356.38 | −0.034% | $4.6M | $2.5M | — | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.49 | −0.003% | $1K | $4.2M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.75 | +0.070% | $114K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.55 | +0.014% | $2.7M | $64K | 10x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0006% | 8h | 356.41 | −0.025% | $23K | $484K | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0008% | 1h | 356.24 | −0.073% | $33K | — | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0015% | 1h | 356.15 | −0.098% | $144K | $54K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.48 | −0.006% | $1.4M | $2.5M | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.174% | $128K | $45K | 30x | as long as short |
| Bybit GOOGLUSDT | +0.0040% | 8h | 356.47 | −0.008% | $11.5M | $7.7M | 100x | as long as short |
| QFEX GOOGL-USD | +0.0045% | 1h | 356.37 | −0.036% | $1.3M | $4.8M | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.41 | −0.025% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.25 | −0.070% | $98.0M | $25.1M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.23 | −0.076% | $683K | $438K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.26 | −0.067% | $191 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.05 | −0.126% | $2.3M | $4.9M | 15x | as long as short |
| Aster GOOGLUSDT | +0.0059% | 8h | 356.55 | +0.014% | $362K | $455K | 20x | as long as short |
| Bitget GOOGLUSDT | +0.0076% | 8h | 356.51 | +0.003% | $16.9M | $9.3M | 100x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0076% | 8h | 356.34 | −0.044% | $292 | $253 | 5x | as long as short |
| Extended GOOGL-USD | +0.0080% | 1h | 356.44 | −0.018% | $422K | $1.6M | 20x | as long as short |
| Binance GOOGLUSDTlong | +0.0083% | 8h | 356.50 | long leg | $73.0M | $142.2M | 50x | |
| OKX GOOGL-USDT-SWAP | +0.0084% | 8h | 356.45 | −0.014% | $13.8M | $12.8M | 50x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.35 | −0.042% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.05 | −0.126% | $3.0M | $68K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.04 | −0.129% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.37 | −0.036% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.34 | −0.044% | $25K | — | 10x | as long as short |
| Nado GOOGL-PERP | +0.0128% | 1h | 356.14 | −0.100% | $558K | $81K | 20x | as long as short |
| Phoenix GOOGL | +0.0135% | 1h | 356.29 | −0.059% | $137K | $48K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0169% | 1h | 356.25 | −0.070% | $202K | $271K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0203% | 8h | 356.43 | −0.020% | $688K | $235K | 20x | as long as short |
| Lighter GOOGL | +0.0264% | 1h | 356.48 | −0.006% | $2.0M | $1.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0424% | 1h | 356.36 | −0.039% | $22K | $151K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0600% | 4h | 356.40 | −0.029% | $208K | $1.2M | 10x | as long as short |
Binance GOOGLUSDT
Gate GOOGL_USDT
Coinbase International GOOGL-PERP-INTX
Variational Omni GOOGL
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
GRVT GOOGL_USDT_Perp
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Bybit GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Aster GOOGLUSDT
Bitget GOOGLUSDT
Paradex GOOGL-USD-PERP
Extended GOOGL-USD
OKX GOOGL-USDT-SWAP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
BloFin GOOGL-USDT
Lighter GOOGL
Deribit GOOGL_USDC-PERPETUAL
edgeX GOOGLUSDC