Funding you earn now, next payment 00:00 UTC−0.0169%/8h= −18.5% APRnext payment −$1.69 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against BloFin+0.017%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.315% of the position
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 3 days (all we have)−0.046%−$5 · spread now +0.017%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GOOGL-USDT | 356.60 | 0.0229 | pay 0.0229% / 8h | 1h 14m | $689K | $235K | 20x |
| Short | Bybit GOOGLUSDT | 356.66 | 0.0060 | get 0.0060% / 8h | 1h 14m | $11.5M | $7.7M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$35.42
- Price spread: +0.017% → +0.011%
- $0.55
- Slippage, 4 orders
- −$8.55
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$66.42
- Costs to cover
- 0.315%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 67 min ago; Bybit: live order book, 3 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 BloFin live order book, 67 min ago | 0.14 bp | 6.4 bp −$6 | 7.9 bp −$79 | 18.6 bp −$1,859 | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.56 bp | 9.6 bp −$10 | 13.3 bp −$133 | 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 | −0.115% | $530K | $1.1M | 10x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.51 | −0.025% | $3.6M | $7.5M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.64 | +0.011% | $1K | $4.2M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.75 | +0.042% | $115K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.60 | 0.000% | $2.7M | $64K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0016% | 1h | 356.20 | −0.111% | $144K | $54K | 10x | as long as short |
| Variational Omni GOOGL | +0.0026% | 8h | 356.56 | −0.011% | $4.6M | $2.5M | — | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.71 | +0.031% | $1.4M | $2.5M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.146% | $128K | $45K | 30x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0034% | 8h | 356.55 | −0.014% | $23K | $477K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOOGL-PERP | +0.0040% | 1h | 356.36 | −0.067% | $33K | — | 20x | as long as short |
| QFEX GOOGL-USD | +0.0045% | 1h | 356.51 | −0.025% | $1.3M | $4.8M | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.53 | −0.020% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.43 | −0.048% | $98.0M | $24.9M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.40 | −0.056% | $683K | $437K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.42 | −0.050% | $183 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.09 | −0.143% | $2.3M | $4.9M | 15x | as long as short |
| Bybit GOOGLUSDTshort | +0.0060% | 8h | 356.66 | +0.017% | $11.5M | $7.7M | 100x | |
| Aster GOOGLUSDT | +0.0083% | 8h | 356.81 | +0.060% | $362K | $455K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0087% | 8h | 356.63 | +0.008% | $292 | $253 | 5x | as long as short |
| Bitget GOOGLUSDT | +0.0090% | 8h | 356.64 | +0.011% | $16.9M | $9.2M | 100x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.49 | −0.031% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.24 | −0.101% | $3.0M | $67K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.25 | −0.098% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.49 | −0.031% | $10K | $10K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0101% | 8h | 356.63 | +0.008% | $13.8M | $12.8M | 50x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.51 | −0.025% | $25K | — | 10x | as long as short |
| Binance GOOGLUSDT | +0.0109% | 8h | 356.62 | +0.006% | $73.0M | $142.1M | 50x | as long as short |
| Extended GOOGL-USD | +0.0112% | 1h | 356.55 | −0.015% | $421K | $1.6M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0115% | 1h | 356.48 | −0.034% | $22K | $151K | 10x | as long as short |
| Nado GOOGL-PERP | +0.0131% | 1h | 356.38 | −0.061% | $559K | $82K | 20x | as long as short |
| Phoenix GOOGL | +0.0135% | 1h | 356.38 | −0.062% | $137K | $48K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0169% | 1h | 356.41 | −0.053% | $202K | $271K | 10x | as long as short |
| BloFin GOOGL-USDTlong | +0.0229% | 8h | 356.60 | long leg | $689K | $235K | 20x | |
| Lighter GOOGL | +0.0272% | 1h | 356.69 | +0.025% | $2.0M | $1.0M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0722% | 4h | 356.54 | −0.016% | $208K | $1.2M | 10x | as long as short |
BloFin GOOGL-USDT
Bybit GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Variational Omni GOOGL
Lighter RH GOOGL
Injective GOOGL/USDC PERP
GRVT GOOGL_USDT_Perp
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Aster GOOGLUSDT
Paradex GOOGL-USD-PERP
Bitget GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
OKX GOOGL-USDT-SWAP
Binance GOOGLUSDT
Extended GOOGL-USD
Deribit GOOGL_USDC-PERPETUAL
Phoenix GOOGL
Lighter GOOGL
edgeX GOOGLUSDC