Funding you earn now, next payment 08:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.35 per $10,000 · paid last 24h +0.023%
Price spread now: Binance against KuCoin+0.137%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1711.706% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 7 days−0.035%−$3 · spread now +0.137%, 7d avg +0.069%
=The price spread pays, funding is against you. Binance is 0.068% dearer against KuCoin than usual: you sell high and buy low (spread +0.137% now, against its 7-day average of +0.069%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GOOGLUSDTM | 356.87 | 0.0100 | pay 0.0100% / 8h | 2h 06m | $3.0M | $106K | 20x |
| Short | Binance GOOGLUSDT | 357.36 | 0.0065 | get 0.0065% / 8h | 2h 06m | $72.1M | $143.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- −$7.26
- Price spread: +0.137% → +0.069%
- $6.82
- Slippage, 4 orders
- −$148.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$171.08
- Costs to cover
- 1.706%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Binance: live order book, 7 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 KuCoin live order book, 6 min ago | 5.18 bp | 110.8 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.14 bp | 5.3 bp −$5 | 7.2 bp −$72 | 23.9 bp −$2,389 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERP | −0.0023% | 1h | 357.16 | +0.081% | $557K | $86K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.37 | +0.140% | $13.7M | $12.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.23 | +0.101% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.40 | +0.149% | $17.3M | $9.9M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.45 | +0.163% | $4.7M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.48 | +0.170% | $23K | $446K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.37 | +0.140% | $1K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.13 | +0.073% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.50 | +0.177% | $115K | $213K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.48 | +0.171% | $2.7M | $87K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 356.88 | +0.003% | $519K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0020% | 1h | 357.28 | +0.115% | $145K | $47K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.33 | +0.129% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.070% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.13 | +0.073% | $207K | $278K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0045% | 8h | 357.51 | +0.178% | $366K | $426K | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.40 | +0.149% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0047% | 1h | 357.24 | +0.104% | $1.2M | $4.2M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.12 | +0.070% | $98.2M | $21.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.13 | +0.073% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.14 | +0.076% | $163 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.03 | +0.045% | $2.3M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0057% | 8h | 357.28 | +0.114% | $293 | $253 | 5x | as long as short |
| Extended GOOGL-USD | +0.0064% | 1h | 357.26 | +0.109% | $422K | $1.2M | 20x | as long as short |
| Binance GOOGLUSDTshort | +0.0065% | 8h | 357.36 | +0.137% | $72.1M | $143.6M | 50x | |
| Hotstuff GOOGL-PERP | +0.0072% | 1h | 357.16 | +0.081% | $33K | — | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.11 | +0.068% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTMlong | +0.0100% | 8h | 356.87 | long leg | $3.0M | $106K | 20x | |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.30 | +0.120% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.19 | +0.090% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.22 | +0.099% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0112% | 1h | 357.34 | +0.132% | $2.0M | $1.3M | 20x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 357.29 | +0.118% | $137K | $36K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0186% | 8h | 357.40 | +0.149% | $685K | $236K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0196% | 8h | 357.42 | +0.154% | $12.0M | $7.6M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0578% | 4h | 357.45 | +0.164% | $208K | $1.2M | 10x | as long as short |
KuCoin GOOGLUSDTM
Binance GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Aster GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Extended GOOGL-USD
Pacifica GOOGL
ApeX Omni GOOGLUSDT
Lighter GOOGL
Phoenix GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC