Funding you earn now, next payment 16:00 UTC−0.0060%/8h= −6.6% APRnext payment −$0.60 per $10,000 · paid last 24h +0.026%
Price spread now: Orderly against GRVT−0.067%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Orderly is 0.067% cheaper against GRVT than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT GOOGL_USDT_Perp | 358.75 | 0.0160 | pay 0.0160% / 8h | 5h 55m | $23K | $450K | 10x |
| Short | Orderly PERP_GOOGL_USDC | 358.51 | 0.0100 | get 0.0100% / 8h | 5h 55m | $10K | $11K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against GRVT. 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
- −$12.6
- Price spread: −0.067% → 0.000%
- −$6.69
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$34.29
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 55 min ago; Orderly: 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 GRVT live order book, 55 min ago | 1.25 bp | 6.2 bp −$6 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 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 | −0.237% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0040% | 1h | 358.38 | −0.103% | $530K | $1.2M | 10x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 358.65 | −0.028% | $11.6M | $7.7M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 358.71 | −0.011% | $13.6M | $13.7M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 358.56 | −0.053% | $3.7M | $6.8M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 358.72 | −0.008% | $17.4M | $9.7M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 358.49 | −0.072% | $2K | $3.7M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 358.27 | −0.134% | $29K | $152K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 358.65 | −0.028% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 358.79 | +0.011% | $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 | +0.0013% | 8h | 358.41 | −0.094% | $5.0M | $2.3M | — | as long as short |
| Aftermath Perps GOOGLUSD | +0.0027% | 1h | 358.58 | −0.046% | $145K | $42K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 358.58 | −0.047% | $1.3M | $1.7M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.454% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 358.64 | −0.031% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 358.41 | −0.095% | $98.1M | $21.8M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 358.48 | −0.075% | $686K | $413K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 358.25 | −0.139% | $113 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 358.29 | −0.128% | $2.3M | $3.9M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0060% | 1h | 358.46 | −0.081% | $1.3M | $4.1M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0061% | 8h | 358.51 | −0.068% | $294 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0064% | 8h | 358.56 | −0.052% | $368K | $420K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0074% | 1h | 358.37 | −0.105% | $553K | $82K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0083% | 8h | 358.65 | −0.028% | $73.2M | $144.6M | 50x | as long as short |
| Extended GOOGL-USD | +0.0088% | 1h | 358.50 | −0.069% | $426K | $2.4M | 20x | as long as short |
| Lighter GOOGL | +0.0088% | 1h | 358.55 | −0.056% | $2.0M | $2.1M | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 358.30 | −0.124% | $42K | $20K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 358.44 | −0.086% | $3.0M | $244K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 358.70 | −0.014% | $27K | $13K | 50x | as long as short |
| Orderly PERP_GOOGL_USDCshort | +0.0100% | 8h | 358.51 | −0.067% | $10K | $11K | 20x | |
| Aevo GOOGL-PERP | +0.0104% | 1h | 358.38 | −0.104% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 358.95 | +0.056% | $138K | $36K | 20x | as long as short |
| GRVT GOOGL_USDT_Perplong | +0.0160% | 8h | 358.75 | long leg | $23K | $450K | 10x | |
| edgeX GOOGLUSDC | +0.0193% | 4h | 358.66 | −0.026% | $208K | $1.2M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0199% | 1h | 358.42 | −0.092% | $211K | $195K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0205% | 8h | 358.74 | −0.003% | $690K | $242K | 20x | as long as short |
GRVT GOOGL_USDT_Perp
Coinbase International GOOGL-PERP-INTX
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
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
Extended GOOGL-USD
Lighter GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
edgeX GOOGLUSDC
BloFin GOOGL-USDT