Funding you earn now, next payment 01:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.15 per $10,000 · paid last 24h −0.030%
Price spread now: Coinbase International against Extended−0.140%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$220.219% of the position
Funding, last 7 days−0.063%−$6 on $10k
+Price spread, last 3 days (all we have)+0.109%+$11 · spread now −0.140%, 7d avg −0.104%
=Together, before fees+0.045%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Coinbase International is 0.036% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.104%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended GOOGL-USD | 356.50 | 0.0096 | pay 0.0012% / 1h | 44m 30s | $421K | $1.8M | 20x |
| Short | Coinbase International GOOGL-PERP-INTX | 356.00 | −0.0024 | pay 0.0003% / 1h | 44m 30s | $528K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- −$25.2
- Price spread: −0.140% → −0.104%
- −$3.58
- Slippage, 4 orders
- −$6.95
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$50.73
- Costs to cover
- 0.219%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; Coinbase International: 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 Extended live order book, 4 min ago | 0.14 bp | 3.5 bp −$4 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 1.97 bp | 7.4 bp −$7 | 9.4 bp −$94 | 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 | −0.0104% | 1h | 356.47 | −0.008% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTXshort | −0.0024% | 1h | 356.00 | −0.140% | $528K | $1.1M | 10x | |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.55 | +0.015% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 356.57 | +0.020% | $16.9M | $9.3M | 100x | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.45 | −0.014% | $23K | $443K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.58 | +0.023% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.31 | −0.053% | $23K | $153K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.70 | +0.057% | $114K | $227K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.56 | +0.017% | $2.7M | $67K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0009% | 1h | 356.19 | −0.085% | $144K | $51K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERP | +0.0009% | 1h | 356.39 | −0.031% | $556K | $80K | 20x | as long as short |
| Variational Omni GOOGL | +0.0020% | 8h | 356.45 | −0.014% | $4.8M | $2.3M | — | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.62 | +0.034% | $1.4M | $2.3M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.174% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0039% | 1h | 356.48 | −0.005% | $1.3M | $4.5M | 10x | as long as short |
| Lighter GOOGL | +0.0040% | 1h | 356.54 | +0.012% | $2.1M | $1.1M | 20x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.30 | −0.056% | $202K | $272K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.57 | +0.020% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.48 | −0.005% | $98.3M | $22.4M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.34 | −0.044% | $683K | $433K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.46 | −0.011% | $161 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.23 | −0.075% | $2.3M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0063% | 8h | 356.54 | +0.012% | $292 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0074% | 8h | 356.59 | +0.027% | $364K | $458K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0085% | 8h | 356.73 | +0.065% | $11.6M | $7.5M | 100x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 356.36 | −0.039% | $137K | $36K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0096% | 8h | 356.60 | +0.029% | $72.7M | $141.5M | 50x | as long as short |
| Extended GOOGL-USDlong | +0.0096% | 1h | 356.50 | long leg | $421K | $1.8M | 20x | |
| Pacifica GOOGL | +0.0100% | 1h | 356.33 | −0.048% | $42K | $43K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.15 | −0.098% | $3.0M | $65K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.25 | −0.070% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.43 | −0.019% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.46 | −0.011% | $25K | — | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0180% | 8h | 356.71 | +0.059% | $13.8M | $12.7M | 50x | as long as short |
| BloFin GOOGL-USDT | +0.0215% | 8h | 356.47 | −0.008% | $651K | $234K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0635% | 4h | 356.43 | −0.019% | $209K | $1.2M | 10x | as long as short |
Extended GOOGL-USD
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
Variational Omni GOOGL
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Lighter GOOGL
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Bybit GOOGLUSDT
Phoenix GOOGL
Binance GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT
edgeX GOOGLUSDC