Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against KuCoin+0.146%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$205as in the Funding arb table
Net, price: spread back to 7d avg − costs−$194as in the Price arb table
costs, in and out, $10k−$1971.971% of the position
Funding, last 7 days−0.079%−$8 on $10k
+Price spread, last 3 days (all we have)−0.026%−$3 · spread now +0.146%, 7d avg +0.110%
=The price spread pays, funding is against you. HTX is 0.036% dearer against KuCoin than usual: you sell high and buy low (spread +0.146% now, against its 7-day average of +0.110%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 7 days (−0.079% in total) that is about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin GOOGLUSDTM | 356.44 | 0.0100 | pay 0.0100% / 8h | 6h 33m | $3.0M | $65K | 20x |
| Short | HTX GOOGL-USDT | 356.96 | 0 | get 0.0000% / 8h | 6h 33m | $115K | $228K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$21
- Price spread: +0.146% → +0.110%
- $3.61
- Slippage, 4 orders
- −$173.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$214.54
- Costs to cover
- 1.971%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; HTX: live order book, 33 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 | 5.33 bp | 75.2 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 33 min ago | 2.81 bp | 8.8 bp −$9 | 17.9 bp −$179 | doesn't fit | doesn't fit |
GOOGL on 35 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 | −0.0255% | 1h | 356.48 | +0.011% | $23K | $153K | 10x | as long as short |
| Hotstuff GOOGL-PERP | −0.0024% | 1h | 356.77 | +0.093% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0024% | 1h | 356.40 | −0.011% | $529K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0005% | 1h | 356.71 | +0.077% | $556K | $80K | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.79 | +0.098% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 356.75 | +0.087% | $16.9M | $9.2M | 100x | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.73 | +0.081% | $23K | $436K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.84 | +0.112% | $1K | $4.1M | 20x | as long as short |
| HTX GOOGL-USDTshort | 0.0000% | 8h | 356.96 | +0.146% | $115K | $228K | 30x | |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.85 | +0.115% | $2.7M | $67K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps GOOGLUSD | +0.0008% | 1h | 356.49 | +0.013% | $144K | $51K | 10x | as long as short |
| Variational Omni GOOGL | +0.0017% | 8h | 356.74 | +0.084% | $4.7M | $2.4M | — | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.89 | +0.126% | $1.3M | $2.3M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.191% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0039% | 1h | 356.77 | +0.093% | $1.3M | $4.5M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.54 | +0.028% | $202K | $272K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.94 | +0.140% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.78 | +0.095% | $98.7M | $22.3M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.54 | +0.028% | $684K | $433K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.79 | +0.098% | $156 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.51 | +0.020% | $2.3M | $4.9M | 15x | as long as short |
| Lighter GOOGL | +0.0056% | 1h | 356.87 | +0.121% | $2.1M | $1.2M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0061% | 4h | 356.68 | +0.066% | $209K | $1.2M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0062% | 8h | 356.84 | +0.111% | $293 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0070% | 8h | 356.73 | +0.082% | $365K | $458K | 20x | as long as short |
| Extended GOOGL-USD | +0.0088% | 1h | 356.79 | +0.097% | $421K | $1.8M | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 356.62 | +0.050% | $137K | $36K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0091% | 8h | 356.86 | +0.117% | $72.8M | $141.4M | 50x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.61 | +0.048% | $42K | $43K | 10x | as long as short |
| KuCoin GOOGLUSDTMlong | +0.0100% | 8h | 356.44 | long leg | $3.0M | $65K | 20x | |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.57 | +0.036% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.71 | +0.076% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.68 | +0.067% | $25K | — | 10x | as long as short |
| Bybit GOOGLUSDT | +0.0127% | 8h | 357.03 | +0.166% | $11.6M | $7.4M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0182% | 8h | 356.98 | +0.151% | $13.8M | $12.8M | 50x | as long as short |
KuCoin GOOGLUSDTM
HTX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Bitget GOOGLUSDT
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Variational Omni GOOGL
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Lighter GOOGL
edgeX GOOGLUSDC
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Extended GOOGL-USD
Phoenix GOOGL
Binance GOOGLUSDT
Pacifica GOOGL
ApeX Omni GOOGLUSDT
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP