Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.011%
Price spread now: SoDEX against Deribit−0.036%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. SoDEX is 0.036% cheaper against Deribit than usual: you would sell low and buy high (spread −0.036% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.4 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit GOOGL_USDC-PERPETUAL | 356.48 | 0 | get 0.0000% / 1h | 48m 36s | $23K | $153K | 10x |
| Short | SoDEX GOOGL-USD | 356.35 | 0.0050 | get 0.0006% / 1h | 48m 36s | $175 | $46K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $10.5
- Price spread: −0.036% → 0.000%
- −$3.65
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$8.15
- Costs to cover
- 0.150%
- Break-even
- 12.4 days
Slippage unknown: Deribit: live order book, 25 min ago; SoDEX: 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, 25 min ago | 0.14 bp | 12.8 bp −$13 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GOOGL_USDT | 0.0000% | 8h | 356.46 | −0.006% | $3.6M | $7.5M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.68 | +0.056% | $2K | $4.2M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUALlong | 0.0000% | 1h | 356.48 | long leg | $23K | $153K | 10x | |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.78 | +0.084% | $115K | $225K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.77 | +0.081% | $2.7M | $66K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0017% | 1h | 356.38 | −0.027% | $144K | $53K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.58 | +0.028% | $1.4M | $2.3M | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0032% | 1h | 356.29 | −0.053% | $529K | $1.1M | 10x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.180% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.60 | +0.034% | — | $5K | 25x | 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 | +0.0048% | 1h | 356.36 | −0.034% | $33K | — | 20x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.28 | −0.056% | $98.2M | $24.6M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.38 | −0.028% | $683K | $437K | 10x | as long as short |
| SoDEX GOOGL-USDshort | +0.0050% | 1h | 356.35 | −0.036% | $175 | $46K | 10x | |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.16 | −0.090% | $2.3M | $4.9M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 356.49 | +0.003% | $1.3M | $4.8M | 10x | as long as short |
| Variational Omni GOOGL | +0.0068% | 8h | 356.63 | +0.042% | $4.8M | $2.7M | — | as long as short |
| Nado GOOGL-PERP | +0.0087% | 1h | 356.39 | −0.025% | $560K | $81K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0095% | 8h | 356.54 | +0.016% | $292 | $253 | 5x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.49 | +0.003% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.12 | −0.101% | $3.0M | $66K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.62 | +0.039% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.50 | +0.006% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.53 | +0.015% | $25K | — | 10x | as long as short |
| Aster GOOGLUSDT | +0.0113% | 8h | 356.71 | +0.063% | $365K | $457K | 20x | as long as short |
| Lighter GOOGL | +0.0120% | 1h | 356.51 | +0.008% | $2.1M | $1.1M | 20x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0121% | 8h | 356.81 | +0.093% | $23K | $472K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0134% | 8h | 356.61 | +0.036% | $73.2M | $142.4M | 50x | as long as short |
| Extended GOOGL-USD | +0.0136% | 1h | 356.53 | +0.013% | $422K | $1.7M | 20x | as long as short |
| Bitget GOOGLUSDT | +0.0143% | 8h | 356.52 | +0.011% | $16.9M | $9.2M | 100x | as long as short |
| Phoenix GOOGL | +0.0157% | 1h | 356.56 | +0.022% | $137K | $48K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0197% | 8h | 356.62 | +0.039% | $11.5M | $7.7M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0200% | 8h | 356.57 | +0.025% | $13.8M | $12.8M | 50x | as long as short |
| BloFin GOOGL-USDT | +0.0254% | 8h | 356.66 | +0.050% | $688K | $235K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0306% | 1h | 356.43 | −0.014% | $202K | $271K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0476% | 4h | 356.74 | +0.072% | $210K | $1.2M | 10x | as long as short |
Deribit GOOGL_USDC-PERPETUAL
SoDEX GOOGL-USD
Gate GOOGL_USDT
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Coinbase International GOOGL-PERP-INTX
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
Variational Omni GOOGL
Paradex GOOGL-USD-PERP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Aster GOOGLUSDT
Lighter GOOGL
GRVT GOOGL_USDT_Perp
Binance GOOGLUSDT
Extended GOOGL-USD
Bitget GOOGLUSDT
Phoenix GOOGL
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT
edgeX GOOGLUSDC