Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate−0.076%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1381.380% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now −0.076%, 7d avg −0.056%
=Funding pays, the price is against you. KuCoin is 0.020% cheaper against Gate than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of −0.056%). If the spread goes back, that is −$2 on $10k: about 16 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.034% in total) that is about 4.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GOOGL_USDT | 356.63 | 0 | get 0.0000% / 8h | 45m 45s | $3.6M | $7.5M | 100x |
| Short | KuCoin GOOGLUSDTM | 356.36 | 0.0100 | get 0.0100% / 8h | 45m 45s | $3.0M | $66K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $21
- Price spread: −0.076% → −0.056%
- −$2.02
- Slippage, 4 orders
- −$111.03
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$119.05
- Costs to cover
- 1.380%
- Break-even
- 46.7 days
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 1 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 Gate live order book, 3 min ago | 1.82 bp | 11.6 bp −$12 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 4.77 bp | 70.2 bp −$70 | 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 | 0.0000% | 1h | 356.56 | −0.020% | $33K | — | 20x | as long as short |
| Gate GOOGL_USDTlong | 0.0000% | 8h | 356.63 | long leg | $3.6M | $7.5M | 100x | |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.71 | +0.022% | $1K | $4.2M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.90 | +0.076% | $115K | $223K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.76 | +0.036% | $2.7M | $66K | 10x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0008% | 1h | 356.28 | −0.098% | $530K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0015% | 1h | 356.36 | −0.075% | $144K | $54K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.78 | +0.042% | $1.4M | $2.5M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.137% | $128K | $45K | 30x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0045% | 8h | 356.58 | −0.015% | $23K | $474K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.63 | 0.000% | — | $5K | 25x | as long as short |
| Variational Omni GOOGL | +0.0047% | 8h | 356.59 | −0.011% | $4.7M | $2.6M | — | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.50 | −0.036% | $683K | $437K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.54 | −0.025% | $183 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.31 | −0.090% | $2.3M | $4.9M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0060% | 1h | 356.62 | −0.003% | $1.3M | $4.9M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0061% | 1h | 356.58 | −0.014% | $98.2M | $24.7M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0087% | 1h | 356.54 | −0.025% | $23K | $151K | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0087% | 8h | 356.66 | +0.009% | $292 | $253 | 5x | as long as short |
| Bybit GOOGLUSDT | +0.0090% | 8h | 356.82 | +0.053% | $11.5M | $7.7M | 100x | as long as short |
| Nado GOOGL-PERP | +0.0097% | 1h | 356.44 | −0.054% | $560K | $82K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.40 | −0.066% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTMshort | +0.0100% | 8h | 356.36 | −0.076% | $3.0M | $66K | 20x | |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.38 | −0.070% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.62 | −0.003% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.63 | +0.001% | $25K | — | 10x | as long as short |
| Aster GOOGLUSDT | +0.0104% | 8h | 356.83 | +0.056% | $362K | $455K | 20x | as long as short |
| Bitget GOOGLUSDT | +0.0111% | 8h | 356.69 | +0.017% | $16.9M | $9.3M | 100x | as long as short |
| Binance GOOGLUSDT | +0.0125% | 8h | 356.76 | +0.038% | $73.0M | $142.6M | 50x | as long as short |
| Extended GOOGL-USD | +0.0128% | 1h | 356.70 | +0.020% | $421K | $1.6M | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0135% | 8h | 356.84 | +0.059% | $13.9M | $12.9M | 50x | as long as short |
| Phoenix GOOGL | +0.0157% | 1h | 356.41 | −0.062% | $137K | $48K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0244% | 8h | 356.69 | +0.017% | $691K | $236K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0250% | 1h | 356.53 | −0.028% | $202K | $271K | 10x | as long as short |
| Lighter GOOGL | +0.0312% | 1h | 356.78 | +0.042% | $2.1M | $1.0M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0686% | 4h | 356.57 | −0.016% | $208K | $1.2M | 10x | as long as short |
Gate GOOGL_USDT
KuCoin GOOGLUSDTM
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
GRVT GOOGL_USDT_Perp
Variational Omni GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
tradeXYZ xyz:GOOGL
Deribit GOOGL_USDC-PERPETUAL
Paradex GOOGL-USD-PERP
Bybit GOOGLUSDT
Pacifica GOOGL
ApeX Omni GOOGLUSDT
Aster GOOGLUSDT
Bitget GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
OKX GOOGL-USDT-SWAP
Phoenix GOOGL
BloFin GOOGL-USDT
Lighter GOOGL
edgeX GOOGLUSDC