Funding you earn now, next payment 02:00 UTC+0.0250%/8h= +27.4% APRnext payment +$0.31 per $10,000 · paid last 24h 0.000%
Price spread now: Hotstuff against Deribit+0.025%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Hotstuff is 0.025% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit GOOGL_USDC-PERPETUAL | 356.77 | −0.0058 | get 0.0007% / 1h | 20m 32s | $23K | $154K | 10x |
| Short | Hotstuff GOOGL-PERP | 356.86 | 0.0192 | get 0.0024% / 1h | 20m 32s | $33K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Deribit. 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
- $52.55
- Price spread: +0.025% → 0.000%
- $2.52
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- $43.07
- Costs to cover
- 0.120%
- Break-even
- 1.3 days
Slippage unknown: Deribit: live order book, 48 min ago; Hotstuff: 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 Deribit live order book, 48 min ago | 0.14 bp | 12.8 bp −$13 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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 35 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit GOOGL_USDC-PERPETUALlong | −0.0058% | 1h | 356.77 | long leg | $23K | $154K | 10x | |
| Coinbase International GOOGL-PERP-INTX | −0.0024% | 1h | 356.57 | −0.056% | $532K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0014% | 1h | 356.93 | +0.044% | $557K | $81K | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.88 | +0.031% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.04 | +0.076% | $16.9M | $9.3M | 100x | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.89 | +0.034% | $23K | $437K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.00 | +0.064% | $953 | $4.1M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.14 | +0.104% | $115K | $228K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.06 | +0.081% | $2.7M | $72K | 10x | as long as short |
| Variational Omni GOOGL | +0.0002% | 8h | 356.95 | +0.050% | $4.8M | $2.4M | — | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps GOOGLUSD | +0.0008% | 1h | 356.70 | −0.019% | $144K | $51K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.10 | +0.092% | $1.3M | $2.3M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.098% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0039% | 1h | 356.92 | +0.042% | $1.3M | $4.5M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.73 | −0.011% | $202K | $272K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.16 | +0.109% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.90 | +0.036% | $98.8M | $22.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.77 | 0.000% | $684K | $434K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.86 | +0.025% | $156 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.48 | −0.081% | $2.3M | $4.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0059% | 8h | 357.04 | +0.077% | $293 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0061% | 8h | 356.97 | +0.056% | $365K | $458K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0080% | 8h | 357.02 | +0.070% | $72.8M | $141.5M | 50x | as long as short |
| Lighter GOOGL | +0.0080% | 1h | 357.10 | +0.092% | $2.1M | $1.2M | 20x | as long as short |
| Extended GOOGL-USD | +0.0080% | 1h | 356.96 | +0.052% | $421K | $1.8M | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 356.83 | +0.017% | $137K | $36K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.87 | +0.028% | $42K | $43K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.60 | −0.048% | $3.0M | $65K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.77 | 0.000% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.91 | +0.039% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.88 | +0.030% | $25K | — | 10x | as long as short |
| Bybit GOOGLUSDT | +0.0111% | 8h | 357.06 | +0.081% | $11.6M | $7.4M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0175% | 8h | 356.99 | +0.062% | $13.8M | $12.8M | 50x | as long as short |
| Hotstuff GOOGL-PERPshort | +0.0192% | 1h | 356.86 | +0.025% | $33K | — | 20x | |
| edgeX GOOGLUSDC | +0.0776% | 4h | 356.83 | +0.017% | $208K | $1.2M | 10x | as long as short |
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Bitget GOOGLUSDT
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Variational Omni GOOGL
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Binance GOOGLUSDT
Lighter GOOGL
Extended GOOGL-USD
Phoenix GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
edgeX GOOGLUSDC