Funding you earn now, next payment 08:00 UTC−0.0203%/8h= −22.2% APRnext payment −$2.03 per $10,000 · paid last 24h −0.020%
Price spread now: Variational Omni against Bybit−0.059%7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.039%−$4 on $10k
+Price spread, last 7 days+0.061%+$6 · spread now −0.059%, 7d avg −0.015%
=Together, before fees+0.022%+ Points / potential airdropVariational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Variational Omni is 0.044% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.039% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.03 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GOOGLUSDT | 357.85 | 0.0203 | pay 0.0203% / 8h | 4h 22m | $12.0M | $7.6M | 100x |
| Short | Variational Omni GOOGL | 357.64 | 0 | get 0.0000% / 8h | 4h 22m | $4.8M | $2.4M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$42.57
- Price spread: −0.059% → −0.015%
- −$4.38
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$57.95
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Variational Omni: RFQ quote, 1 min ago. 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 Bybit live order book, 5 min ago | 0.28 bp | 8.1 bp −$8 | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 2.63 bp | doesn't fit | 5.0 bp −$50 | 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 | −0.0048% | 1h | 357.54 | −0.087% | $526K | $1.1M | 10x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.62 | −0.064% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.78 | −0.020% | $17.5M | $9.6M | 100x | as long as short |
| Variational Omni GOOGLshort | 0.0000% | 8h | 357.64 | −0.059% | $4.8M | $2.4M | — | |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.72 | −0.037% | $23K | $434K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.77 | −0.022% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.49 | −0.101% | $24K | $155K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.87 | +0.006% | $115K | $221K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.74 | −0.031% | $2.7M | $86K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0018% | 1h | 357.62 | −0.065% | $144K | $49K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH GOOGL | +0.0032% | 1h | 357.78 | −0.020% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.204% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.41 | −0.123% | $207K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.66 | −0.053% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0050% | 1h | 357.66 | −0.053% | $1.3M | $4.2M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.54 | −0.087% | $99.1M | $20.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.50 | −0.098% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.51 | −0.095% | $146 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.31 | −0.151% | $2.3M | $4.9M | 15x | as long as short |
| Hotstuff GOOGL-PERP | +0.0056% | 1h | 357.43 | −0.117% | $33K | — | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0062% | 4h | 357.64 | −0.059% | $209K | $1.2M | 10x | as long as short |
| Aster GOOGLUSDT | +0.0066% | 8h | 357.89 | +0.011% | $366K | $457K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0086% | 8h | 357.78 | −0.021% | $73.0M | $141.2M | 50x | as long as short |
| Extended GOOGL-USD | +0.0088% | 1h | 357.67 | −0.050% | $426K | $1.8M | 20x | as long as short |
| Nado GOOGL-PERP | +0.0090% | 1h | 357.46 | −0.108% | $558K | $81K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.43 | −0.116% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.35 | −0.140% | $3.0M | $91K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.37 | −0.134% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.66 | −0.053% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.63 | −0.061% | $25K | — | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0108% | 8h | 357.64 | −0.057% | $293 | $253 | 5x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.46 | −0.109% | $137K | $36K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0113% | 8h | 357.70 | −0.042% | $13.8M | $12.4M | 50x | as long as short |
| Bybit GOOGLUSDTlong | +0.0203% | 8h | 357.85 | long leg | $12.0M | $7.6M | 100x | |
| BloFin GOOGL-USDT | +0.0206% | 8h | 357.75 | −0.028% | $695K | $234K | 20x | as long as short |
| Lighter GOOGL | +0.0280% | 1h | 357.78 | −0.020% | $2.0M | $1.3M | 20x | as long as short |
Bybit GOOGLUSDT
Variational Omni GOOGL
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Bitget GOOGLUSDT
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
edgeX GOOGLUSDC
Aster GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Paradex GOOGL-USD-PERP
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT
Lighter GOOGL