Funding you earn now, next payment 11:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.11 per $10,000 · paid last 24h −0.034%
Price spread now: Deribit against Extended−0.059%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$200.204% of the position
Funding, last 5 days (all we have)+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now −0.059%, 7d avg −0.023%
=Together, before fees+0.189%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit 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 −0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended GOOGL-USD | 358.48 | 0.0088 | pay 0.0011% / 1h | 55m 51s | $426K | $2.4M | 20x |
| Short | Deribit GOOGL_USDC-PERPETUAL | 358.27 | 0 | get 0.0000% / 1h | 55m 51s | $29K | $152K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$18.48
- Price spread: −0.059% → −0.023%
- −$3.6
- Slippage, 4 orders
- −$8.36
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$42.44
- Costs to cover
- 0.204%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; Deribit: live order book, 55 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, 1 min ago | 0.14 bp | 3.5 bp −$4 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 55 min ago | 0.14 bp | 9.7 bp −$10 | 12.8 bp −$128 | doesn't fit | doesn't fit |
GOOGL on 36 exchanges
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 | −0.1600% | 1h | 357.90 | −0.162% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0040% | 1h | 358.38 | −0.029% | $530K | $1.2M | 10x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 358.64 | +0.044% | $11.6M | $7.7M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 358.71 | +0.064% | $13.6M | $13.7M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 358.53 | +0.013% | $3.7M | $6.8M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 358.67 | +0.052% | $17.4M | $9.7M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 358.49 | +0.002% | $2K | $3.7M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUALshort | 0.0000% | 1h | 358.27 | −0.059% | $29K | $152K | 10x | |
| HTX GOOGL-USDT | 0.0000% | 8h | 358.65 | +0.047% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 358.79 | +0.086% | $2.7M | $114K | 10x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GOOGL | +0.0011% | 8h | 359.14 | +0.184% | $5.0M | $2.3M | — | as long as short |
| Aftermath Perps GOOGLUSD | +0.0027% | 1h | 358.61 | +0.036% | $145K | $42K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 358.42 | −0.017% | $1.3M | $1.7M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.380% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 358.57 | +0.024% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 358.38 | −0.029% | $98.1M | $21.8M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 358.35 | −0.037% | $686K | $413K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 358.25 | −0.065% | $113 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 358.08 | −0.112% | $2.3M | $3.9M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0060% | 1h | 358.46 | −0.006% | $1.3M | $4.1M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0061% | 8h | 358.35 | −0.038% | $294 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0065% | 8h | 358.54 | +0.017% | $368K | $420K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0079% | 1h | 358.25 | −0.066% | $552K | $82K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0085% | 8h | 358.63 | +0.042% | $73.2M | $144.6M | 50x | as long as short |
| Extended GOOGL-USDlong | +0.0088% | 1h | 358.48 | long leg | $426K | $2.4M | 20x | |
| Pacifica GOOGL | +0.0100% | 1h | 358.12 | −0.100% | $42K | $20K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 358.40 | −0.023% | $3.0M | $242K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 358.70 | +0.061% | $27K | $13K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 358.38 | −0.029% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 358.38 | −0.029% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0120% | 1h | 358.40 | −0.023% | $2.0M | $2.1M | 20x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 358.95 | +0.130% | $138K | $36K | 20x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0172% | 8h | 359.28 | +0.222% | $24K | $450K | 10x | as long as short |
| Arcus GOOGL-USD | +0.0199% | 1h | 358.30 | −0.051% | $211K | $245K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0205% | 8h | 358.74 | +0.072% | $690K | $242K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0388% | 4h | 359.09 | +0.170% | $210K | $1.2M | 10x | as long as short |
Extended GOOGL-USD
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
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
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Phoenix GOOGL
GRVT GOOGL_USDT_Perp
BloFin GOOGL-USDT
edgeX GOOGLUSDC