Funding you earn now, next payment 08:00 UTC−0.0716%/8h= −78.4% APRnext payment −$3.58 per $10,000 · paid last 24h −0.192%
Price spread now: Phemex against edgeX+0.037%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1031.029% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now +0.037%, 7d avg +0.036%
=Together, before fees−0.017%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.121% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.58 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 | edgeX GOOGLUSDC | 357.99 | 0.0716 | pay 0.0358% / 4h | 3h 19m | $209K | $1.2M | 10x |
| Short | Phemex GOOGLUSDT | 358.12 | 0 | get 0.0000% / 4h | 3h 19m | $2.7M | $85K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against edgeX. 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
- −$150.28
- Price spread: +0.037% → +0.036%
- $0.07
- Slippage, 4 orders
- −$81.9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$253.11
- Costs to cover
- 1.029%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 4 min ago; Phemex: live order book, 4 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 edgeX live order book, 4 min ago | 3.35 bp | 8.1 bp −$8 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.51 bp | 48.9 bp −$49 | 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 | −0.0008% | 1h | 357.78 | −0.058% | $33K | — | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.92 | −0.019% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 358.08 | +0.026% | $17.5M | $9.7M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 358.09 | +0.029% | $2K | $4.1M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.99 | +0.001% | $115K | $217K | 30x | as long as short |
| Phemex GOOGLUSDTshort | 0.0000% | 4h | 358.12 | +0.037% | $2.7M | $85K | 10x | |
| Nado GOOGL-PERP | +0.0015% | 1h | 357.73 | −0.071% | $558K | $86K | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 357.67 | −0.089% | $522K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0022% | 1h | 357.83 | −0.044% | $144K | $47K | 10x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0027% | 8h | 357.98 | −0.003% | $24K | $443K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GOOGL | +0.0028% | 8h | 358.00 | +0.004% | $4.8M | $2.4M | — | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.99 | +0.001% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.242% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.71 | −0.078% | $208K | $279K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.95 | −0.011% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.81 | −0.050% | $99.3M | $20.7M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.78 | −0.058% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.81 | −0.050% | $150 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.65 | −0.094% | $2.3M | $4.9M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 357.93 | −0.016% | $1.3M | $4.2M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0064% | 8h | 357.95 | −0.010% | $294 | $253 | 5x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0085% | 8h | 358.01 | +0.006% | $13.8M | $12.5M | 50x | as long as short |
| Aster GOOGLUSDT | +0.0085% | 8h | 357.77 | −0.062% | $366K | $426K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 358.00 | +0.004% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.51 | −0.133% | $3.0M | $105K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.66 | −0.092% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.86 | −0.036% | $10K | $11K | 20x | as long as short |
| Extended GOOGL-USD | +0.0104% | 1h | 357.94 | −0.013% | $419K | $1.3M | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.89 | −0.027% | $25K | — | 10x | as long as short |
| Binance GOOGLUSDT | +0.0105% | 8h | 358.06 | +0.020% | $72.5M | $142.5M | 50x | as long as short |
| Phoenix GOOGL | +0.0179% | 1h | 357.77 | −0.061% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0200% | 1h | 357.98 | −0.002% | $2.0M | $1.3M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0224% | 8h | 358.02 | +0.009% | $693K | $234K | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0225% | 1h | 357.85 | −0.038% | $24K | $155K | 10x | as long as short |
| Bybit GOOGLUSDT | +0.0243% | 8h | 358.18 | +0.054% | $12.1M | $7.5M | 100x | as long as short |
| edgeX GOOGLUSDClong | +0.0716% | 4h | 357.99 | long leg | $209K | $1.2M | 10x |
edgeX GOOGLUSDC
Phemex GOOGLUSDT
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
HTX GOOGL-USDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
GRVT GOOGL_USDT_Perp
Variational Omni GOOGL
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
OKX GOOGL-USDT-SWAP
Aster GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Extended GOOGL-USD
Binance GOOGLUSDT
Phoenix GOOGL
Lighter GOOGL
BloFin GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
Bybit GOOGLUSDT