Funding you earn now, next payment 08:00 UTC+0.0351%/8h= +38.5% APRnext payment +$3.51 per $10,000 · paid last 24h +0.063%
Price spread now: Bybit against HTX−0.028%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$350.351% of the position
Funding, last 7 days+0.105%+$11 on $10k
+Price spread, last 3 days (all we have)−0.020%−$2 · spread now −0.028%, 7d avg −0.019%
=The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: +$11 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 0.105% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.51 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 | HTX GOOGL-USDT | 356.74 | 0 | get 0.0000% / 8h | 7h 55m | $115K | $224K | 30x |
| Short | Bybit GOOGLUSDT | 356.64 | 0.0351 | get 0.0351% / 8h | 7h 55m | $11.5M | $7.7M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against HTX. 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
- $73.74
- Price spread: −0.028% → −0.019%
- −$0.86
- Slippage, 4 orders
- −$12.07
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $37.82
- Costs to cover
- 0.351%
- Break-even
- 3.4 days
Slippage from HTX: live order book, 16 min ago; Bybit: live order book, 2 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 HTX live order book, 16 min ago | 2.66 bp | 8.7 bp −$9 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.28 bp | 10.3 bp −$10 | 23.5 bp −$235 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GOOGL_USDT | 0.0000% | 8h | 356.46 | −0.078% | $3.6M | $7.5M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.67 | −0.020% | $1K | $4.2M | 20x | as long as short |
| HTX GOOGL-USDTlong | 0.0000% | 8h | 356.74 | long leg | $115K | $224K | 30x | |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.68 | −0.017% | $2.7M | $66K | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0008% | 1h | 356.33 | −0.115% | $33K | — | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0019% | 1h | 356.38 | −0.102% | $144K | $53K | 10x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0031% | 1h | 356.35 | −0.109% | $22K | $152K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.53 | −0.059% | $1.4M | $2.3M | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0032% | 1h | 356.24 | −0.140% | $530K | $1.1M | 10x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.107% | $128K | $45K | 30x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT GOOGL_USDT_Perp | +0.0042% | 8h | 356.64 | −0.028% | $23K | $471K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.53 | −0.059% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.26 | −0.135% | $98.2M | $25.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.42 | −0.090% | $683K | $437K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.25 | −0.137% | $180 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.20 | −0.151% | $2.3M | $4.9M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 356.55 | −0.053% | $1.3M | $4.9M | 10x | as long as short |
| Variational Omni GOOGL | +0.0064% | 8h | 356.63 | −0.032% | $4.8M | $2.7M | — | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.28 | −0.130% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.16 | −0.163% | $3.0M | $66K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.42 | −0.090% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.47 | −0.076% | $10K | $10K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0102% | 8h | 356.57 | −0.047% | $292 | $253 | 5x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.39 | −0.098% | $25K | — | 10x | as long as short |
| Aster GOOGLUSDT | +0.0112% | 8h | 356.71 | −0.009% | $365K | $457K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0132% | 8h | 356.58 | −0.045% | $73.2M | $142.8M | 50x | as long as short |
| Extended GOOGL-USD | +0.0136% | 1h | 356.50 | −0.067% | $422K | $1.6M | 20x | as long as short |
| Bitget GOOGLUSDT | +0.0142% | 8h | 356.59 | −0.042% | $16.9M | $9.1M | 100x | as long as short |
| Nado GOOGL-PERP | +0.0145% | 1h | 356.32 | −0.118% | $560K | $81K | 20x | as long as short |
| Phoenix GOOGL | +0.0157% | 1h | 356.32 | −0.118% | $137K | $48K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0199% | 8h | 356.60 | −0.039% | $13.8M | $12.9M | 50x | as long as short |
| Lighter GOOGL | +0.0200% | 1h | 356.50 | −0.067% | $2.1M | $1.1M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0252% | 8h | 356.55 | −0.053% | $688K | $235K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0306% | 1h | 356.45 | −0.081% | $202K | $271K | 10x | as long as short |
| Bybit GOOGLUSDTshort | +0.0351% | 8h | 356.64 | −0.028% | $11.5M | $7.7M | 100x | |
| edgeX GOOGLUSDC | +0.0706% | 4h | 356.60 | −0.039% | $210K | $1.2M | 10x | as long as short |
HTX GOOGL-USDT
Bybit GOOGLUSDT
Gate GOOGL_USDT
SunX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Deribit GOOGL_USDC-PERPETUAL
Lighter RH GOOGL
Coinbase International GOOGL-PERP-INTX
Injective GOOGL/USDC PERP
GRVT GOOGL_USDT_Perp
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Variational Omni GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
Bitget GOOGLUSDT
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
Lighter GOOGL
BloFin GOOGL-USDT
edgeX GOOGLUSDC