Funding you earn now, next payment 00:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.80 per $10,000 · paid last 24h −0.010%
Price spread now: Orderly against Binance−0.039%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 0.039% cheaper against Binance than usual: you would sell low and buy high (spread −0.039% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 39 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GOOGLUSDT | 356.24 | 0.0020 | pay 0.0020% / 8h | 2h 05m | $72.9M | $141.5M | 50x |
| Short | Orderly PERP_GOOGL_USDC | 356.10 | 0.0100 | get 0.0100% / 8h | 2h 05m | $10K | $10K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $16.81
- Price spread: −0.039% → 0.000%
- −$3.93
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$3.12
- Costs to cover
- 0.160%
- Break-even
- 8.3 days
Slippage unknown: Binance: live order book, 8 min ago; Orderly: no order-book sample. 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 Binance live order book, 8 min ago | 0.14 bp | 6.7 bp −$7 | 8.8 bp −$88 | 25.8 bp −$2,578 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0032% | 1h | 355.79 | −0.126% | $523K | $1.1M | 10x | as long as short |
| Hotstuff GOOGL-PERP | −0.0016% | 1h | 355.98 | −0.073% | $33K | — | 20x | as long as short |
| Aster GOOGLUSDT | 0.0000% | 8h | 356.08 | −0.046% | $362K | $455K | 20x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 356.24 | 0.000% | $11.5M | $7.7M | 100x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.09 | −0.042% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 356.24 | 0.000% | $4.6M | $2.6M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.17 | −0.018% | $23K | $507K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.23 | −0.003% | $1K | $4.2M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.29 | +0.014% | $114K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.27 | +0.008% | $2.7M | $64K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GOOGL-USD | +0.0016% | 1h | 356.21 | −0.008% | $422K | $1.6M | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0017% | 1h | 355.98 | −0.072% | $144K | $55K | 10x | as long as short |
| Binance GOOGLUSDTlong | +0.0020% | 8h | 356.24 | long leg | $72.9M | $141.5M | 50x | |
| Lighter RH GOOGL | +0.0032% | 1h | 356.25 | +0.003% | $1.4M | $2.6M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.247% | $128K | $45K | 30x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0038% | 8h | 356.22 | −0.006% | $13.8M | $12.9M | 50x | as long as short |
| QFEX GOOGL-USD | +0.0043% | 1h | 356.11 | −0.036% | $1.3M | $4.7M | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.18 | −0.017% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 355.99 | −0.070% | $97.9M | $25.3M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.04 | −0.056% | $683K | $438K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 355.99 | −0.070% | $189 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 355.80 | −0.124% | $2.3M | $4.9M | 15x | as long as short |
| Bitget GOOGLUSDT | +0.0051% | 8h | 356.13 | −0.031% | $16.9M | $9.2M | 100x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0065% | 8h | 356.17 | −0.021% | $292 | $253 | 5x | as long as short |
| Arcus GOOGL-USD | +0.0071% | 1h | 356.00 | −0.067% | $202K | $303K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0080% | 8h | 356.15 | −0.025% | $688K | $235K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0087% | 1h | 355.92 | −0.090% | $556K | $81K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 355.89 | −0.099% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 355.79 | −0.126% | $3.0M | $68K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 355.90 | −0.095% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDCshort | +0.0100% | 8h | 356.10 | −0.039% | $10K | $10K | 20x | |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.04 | −0.055% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 355.95 | −0.081% | $137K | $48K | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0171% | 1h | 356.14 | −0.028% | $22K | $151K | 10x | as long as short |
| Lighter GOOGL | +0.0200% | 1h | 356.25 | +0.003% | $2.0M | $1.0M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0398% | 4h | 356.14 | −0.027% | $208K | $1.2M | 10x | as long as short |
Binance GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aster GOOGLUSDT
Bybit GOOGLUSDT
Gate GOOGL_USDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Extended GOOGL-USD
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
OKX GOOGL-USDT-SWAP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Bitget GOOGLUSDT
Paradex GOOGL-USD-PERP
BloFin GOOGL-USDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Deribit GOOGL_USDC-PERPETUAL
Lighter GOOGL
edgeX GOOGLUSDC