Funding you earn now, next payment 08:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.68 per $10,000 · paid last 24h −0.059%
Price spread now: KuCoin against BloFin−0.137%110s7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$296as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2682.683% of the position
Funding, last 7 days−0.273%−$27 on $10k
+Price spread, last 4 days (all we have)−0.198%−$20 · spread now −0.137%, 7d avg −0.079%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.058% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.079%). Swap the legs. The two prices were read 110 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 | BloFin GOOGL-USDT | 357.94 | 0.0168 | pay 0.0168% / 8h | 5h 01m | $697K | $234K | 20x |
| Short | KuCoin GOOGLUSDTM | 357.45 | 0.0100 | get 0.0100% / 8h | 5h 01m | $3.0M | $72K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$14.28
- Price spread: −0.137% → −0.079%
- −$5.77
- Slippage, 4 orders
- −$244.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$288.36
- Costs to cover
- 2.683%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 40 min ago; KuCoin: 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 BloFin live order book, 40 min ago | 0.14 bp | 7.5 bp −$8 | 8.9 bp −$89 | 15.5 bp −$1,555 | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 2.10 bp | 117.8 bp −$118 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOOGL-PERP | −0.0088% | 1h | 357.71 | −0.064% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0064% | 1h | 357.46 | −0.134% | $524K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0008% | 1h | 357.64 | −0.083% | $558K | $80K | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.83 | −0.031% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.92 | −0.007% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.93 | −0.003% | $23K | $436K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.97 | +0.008% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.65 | −0.081% | $24K | $155K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.98 | +0.011% | $115K | $222K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.98 | +0.011% | $2.7M | $81K | 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 | +0.0006% | 1h | 357.62 | −0.088% | $144K | $50K | 10x | as long as short |
| QFEX GOOGL-USD | +0.0028% | 1h | 357.83 | −0.031% | $1.3M | $4.3M | 10x | as long as short |
| Aster GOOGLUSDT | +0.0029% | 8h | 357.69 | −0.071% | $366K | $457K | 20x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.94 | 0.000% | $1.3M | $2.3M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.229% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.64 | −0.084% | $208K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.90 | −0.011% | — | $5K | 25x | as long as short |
| Extended GOOGL-USD | +0.0048% | 1h | 357.89 | −0.015% | $426K | $1.8M | 20x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.72 | −0.061% | $99.1M | $21.1M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.70 | −0.067% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.71 | −0.064% | $152 | $46K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0050% | 8h | 357.98 | +0.011% | $73.1M | $141.4M | 50x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.58 | −0.101% | $2.3M | $4.9M | 15x | as long as short |
| Bitget GOOGLUSDT | +0.0060% | 8h | 357.98 | +0.011% | $17.5M | $9.6M | 100x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0077% | 8h | 357.84 | −0.029% | $293 | $253 | 5x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.84 | −0.028% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTMshort | +0.0100% | 8h | 357.45 | −0.137% | $3.0M | $72K | 20x | |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.61 | −0.092% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.64 | −0.084% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.80 | −0.038% | $25K | — | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0108% | 8h | 357.92 | −0.006% | $13.8M | $12.4M | 50x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.78 | −0.045% | $138K | $36K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0115% | 8h | 358.08 | +0.039% | $12.0M | $7.6M | 100x | as long as short |
| BloFin GOOGL-USDTlong | +0.0168% | 8h | 357.94 | long leg | $697K | $234K | 20x | |
| Lighter GOOGL | +0.0176% | 1h | 357.97 | +0.008% | $2.1M | $1.2M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0510% | 4h | 357.91 | −0.007% | $209K | $1.2M | 10x | as long as short |
BloFin GOOGL-USDT
KuCoin GOOGLUSDTM
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
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
Binance GOOGLUSDT
Bitget GOOGLUSDT
Paradex GOOGL-USD-PERP
Pacifica GOOGL
ApeX Omni GOOGLUSDT
OKX GOOGL-USDT-SWAP
Phoenix GOOGL
Bybit GOOGLUSDT
Lighter GOOGL
edgeX GOOGLUSDC