Funding you earn now, next payment 16:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.53 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against Bybit+0.020%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$270.271% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.020%, 7d avg −0.006%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.026% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GOOGLUSDT | 358.84 | 0.0011 | pay 0.0011% / 8h | 6h 18m | $11.5M | $7.5M | 100x |
| Short | Binance GOOGLUSDT | 358.91 | 0.0064 | get 0.0064% / 8h | 6h 18m | $73.3M | $141.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $11.11
- Price spread: +0.020% → −0.006%
- $2.56
- Slippage, 4 orders
- −$6.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$13.38
- Costs to cover
- 0.271%
- Break-even
- 15.4 days
Slippage from Bybit: live order book, 3 min ago; Binance: 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 Bybit live order book, 3 min ago | 0.28 bp | 7.5 bp −$8 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.14 bp | 5.2 bp −$5 | 7.9 bp −$79 | 24.1 bp −$2,414 | doesn't fit |
GOOGL on 36 exchanges
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 | −0.0056% | 1h | 358.00 | −0.234% | $516K | $1.1M | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 358.92 | +0.022% | $13.5M | $13.4M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 358.73 | −0.031% | $3.7M | $6.8M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 358.92 | +0.022% | $17.5M | $9.4M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 358.85 | +0.003% | $5.0M | $2.4M | — | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 358.87 | +0.008% | $2K | $3.7M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 359.04 | +0.056% | $115K | $210K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 358.99 | +0.042% | $2.7M | $106K | 10x | as long as short |
| Bybit GOOGLUSDTlong | +0.0011% | 8h | 358.84 | long leg | $11.5M | $7.5M | 100x | |
| Aftermath Perps GOOGLUSD | +0.0031% | 1h | 358.68 | −0.044% | $145K | $43K | 10x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH GOOGL | +0.0032% | 1h | 358.82 | −0.006% | $1.3M | $1.9M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.479% | $128K | $45K | 30x | as long as short |
| Aster GOOGLUSDT | +0.0044% | 8h | 358.55 | −0.080% | $368K | $420K | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 358.88 | +0.011% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0048% | 1h | 358.80 | −0.011% | $1.3M | $4.1M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 358.63 | −0.059% | $98.3M | $21.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 358.74 | −0.028% | $687K | $413K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 358.65 | −0.053% | $112 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 358.50 | −0.095% | $2.3M | $3.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0063% | 8h | 358.74 | −0.027% | $294 | $253 | 5x | as long as short |
| Binance GOOGLUSDTshort | +0.0064% | 8h | 358.91 | +0.020% | $73.3M | $141.5M | 50x | |
| Extended GOOGL-USD | +0.0064% | 1h | 358.78 | −0.016% | $424K | $2.4M | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0080% | 1h | 358.63 | −0.059% | $33K | — | 20x | as long as short |
| Arcus GOOGL-USD | +0.0081% | 1h | 358.67 | −0.047% | $211K | $279K | 10x | as long as short |
| Nado GOOGL-PERP | +0.0081% | 1h | 358.65 | −0.054% | $552K | $81K | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0085% | 1h | 358.70 | −0.039% | $24K | $148K | 10x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 358.51 | −0.093% | $42K | $20K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 358.49 | −0.098% | $3.0M | $221K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 358.52 | −0.089% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 358.78 | −0.017% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 358.73 | −0.031% | $25K | — | 10x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0115% | 8h | 358.84 | +0.001% | $24K | $446K | 10x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 358.61 | −0.064% | $138K | $36K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0182% | 8h | 358.74 | −0.028% | $687K | $238K | 20x | as long as short |
| Lighter GOOGL | +0.0200% | 1h | 358.83 | −0.003% | $2.0M | $2.2M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0492% | 4h | 358.85 | +0.003% | $209K | $1.2M | 10x | as long as short |
Bybit GOOGLUSDT
Binance GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Aster GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Extended GOOGL-USD
Deribit GOOGL_USDC-PERPETUAL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
GRVT GOOGL_USDT_Perp
Phoenix GOOGL
BloFin GOOGL-USDT
Lighter GOOGL
edgeX GOOGLUSDC