Funding you earn now, next payment 08:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.85 per $10,000 · paid last 24h +0.026%
Price spread now: Bybit against KuCoin+0.106%7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1371.368% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now +0.106%, 7d avg +0.074%
=The price spread pays, funding is against you. Bybit is 0.033% dearer against KuCoin than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.074%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GOOGLUSDTM | 357.50 | 0.0100 | pay 0.0100% / 8h | 5h 28m | $3.0M | $65K | 20x |
| Short | Bybit GOOGLUSDT | 357.88 | 0.0015 | get 0.0015% / 8h | 5h 28m | $11.8M | $7.5M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$17.83
- Price spread: +0.106% → +0.074%
- $3.26
- Slippage, 4 orders
- −$113.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$151.4
- Costs to cover
- 1.368%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; Bybit: live order book, 4 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, 8 min ago | 3.36 bp | 64.6 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.14 bp | 5.6 bp −$6 | 5.7 bp −$57 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit GOOGL_USDC-PERPETUAL | −0.0086% | 1h | 357.47 | −0.008% | $23K | $154K | 10x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0064% | 1h | 357.46 | −0.011% | $524K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0054% | 1h | 357.67 | +0.049% | $558K | $81K | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.64 | +0.039% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.71 | +0.059% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.75 | +0.071% | $23K | $437K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.83 | +0.092% | $1K | $4.1M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.92 | +0.117% | $115K | $223K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.87 | +0.103% | $2.7M | $77K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0003% | 1h | 357.58 | +0.021% | $144K | $50K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit GOOGLUSDTshort | +0.0015% | 8h | 357.88 | +0.106% | $11.8M | $7.5M | 100x | |
| Aster GOOGLUSDT | +0.0020% | 8h | 357.61 | +0.030% | $366K | $458K | 20x | as long as short |
| QFEX GOOGL-USD | +0.0028% | 1h | 357.68 | +0.050% | $1.3M | $4.3M | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.81 | +0.087% | $1.3M | $2.3M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.106% | $128K | $45K | 30x | as long as short |
| Extended GOOGL-USD | +0.0040% | 1h | 357.63 | +0.036% | $426K | $1.8M | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0040% | 1h | 357.61 | +0.031% | $33K | — | 20x | as long as short |
| Binance GOOGLUSDT | +0.0040% | 8h | 357.73 | +0.064% | $72.9M | $141.2M | 50x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.50 | 0.000% | $208K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.88 | +0.106% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.54 | +0.011% | $99.1M | $21.8M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.48 | −0.006% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.60 | +0.028% | $134 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.49 | −0.003% | $2.2M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0053% | 8h | 357.79 | +0.081% | $293 | $253 | 5x | as long as short |
| Bitget GOOGLUSDT | +0.0076% | 8h | 357.79 | +0.081% | $17.0M | $9.3M | 100x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.58 | +0.024% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTMlong | +0.0100% | 8h | 357.50 | long leg | $3.0M | $65K | 20x | |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.58 | +0.022% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.71 | +0.059% | $10K | $10K | 20x | as long as short |
| Lighter GOOGL | +0.0104% | 1h | 357.83 | +0.092% | $2.1M | $1.2M | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.64 | +0.041% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.71 | +0.059% | $138K | $36K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0112% | 8h | 357.78 | +0.078% | $13.8M | $12.4M | 50x | as long as short |
| BloFin GOOGL-USDT | +0.0160% | 8h | 357.69 | +0.053% | $697K | $234K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0514% | 4h | 357.77 | +0.074% | $209K | $1.2M | 10x | as long as short |
KuCoin GOOGLUSDTM
Bybit GOOGLUSDT
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Aster GOOGLUSDT
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Extended GOOGL-USD
Binance GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Bitget GOOGLUSDT
Pacifica GOOGL
ApeX Omni GOOGLUSDT
Lighter GOOGL
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT
edgeX GOOGLUSDC