Funding you earn now, next payment 00:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.16 per $10,000 · paid last 24h −0.021%
Price spread now: Binance against OKX−0.014%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$280.283% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 2 days (all we have)−0.036%−$4 · spread now −0.014%, 7d avg −0.016%
=The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GOOGL-USDT-SWAP | 356.36 | 0.0048 | pay 0.0048% / 8h | 2h 00m | $13.8M | $12.9M | 50x |
| Short | Binance GOOGLUSDT | 356.31 | 0.0031 | get 0.0031% / 8h | 2h 00m | $72.9M | $141.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- −$3.44
- Price spread: −0.014% → −0.016%
- $0.16
- Slippage, 4 orders
- −$8.33
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$31.6
- Costs to cover
- 0.283%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Binance: live order book, 12 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 OKX live order book, 2 min ago | 0.14 bp | 8.5 bp −$8 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.14 bp | 6.1 bp −$6 | 9.3 bp −$93 | 24.6 bp −$2,459 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOOGL-PERP | −0.0056% | 1h | 356.08 | −0.079% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0032% | 1h | 355.79 | −0.160% | $523K | $1.1M | 10x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 356.37 | +0.003% | $11.5M | $7.7M | 100x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.22 | −0.039% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 356.24 | −0.034% | $4.6M | $2.6M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.19 | −0.048% | $23K | $507K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.30 | −0.017% | $994 | $4.2M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.41 | +0.014% | $114K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.28 | −0.022% | $2.7M | $64K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0005% | 8h | 356.41 | +0.014% | $362K | $455K | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps GOOGLUSD | +0.0017% | 1h | 356.06 | −0.084% | $144K | $55K | 10x | as long as short |
| Binance GOOGLUSDTshort | +0.0031% | 8h | 356.31 | −0.014% | $72.9M | $141.8M | 50x | |
| Lighter RH GOOGL | +0.0032% | 1h | 356.30 | −0.017% | $1.4M | $2.6M | 20x | as long as short |
| Extended GOOGL-USD | +0.0032% | 1h | 356.27 | −0.025% | $422K | $1.6M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.213% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0043% | 1h | 356.20 | −0.045% | $1.3M | $4.7M | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.21 | −0.042% | — | $5K | 25x | as long as short |
| OKX GOOGL-USDT-SWAPlong | +0.0048% | 8h | 356.36 | long leg | $13.8M | $12.9M | 50x | |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.11 | −0.070% | $98.0M | $25.4M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.09 | −0.076% | $683K | $438K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.09 | −0.076% | $192 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 355.99 | −0.104% | $2.3M | $5.0M | 15x | as long as short |
| edgeX GOOGLUSDC | +0.0052% | 4h | 356.27 | −0.025% | $208K | $1.2M | 10x | as long as short |
| Bitget GOOGLUSDT | +0.0057% | 8h | 356.33 | −0.008% | $16.9M | $9.3M | 100x | as long as short |
| Arcus GOOGL-USD | +0.0071% | 1h | 356.09 | −0.076% | $202K | $270K | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0074% | 8h | 356.28 | −0.023% | $292 | $253 | 5x | as long as short |
| Nado GOOGL-PERP | +0.0096% | 1h | 355.94 | −0.117% | $556K | $81K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 355.92 | −0.124% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 355.85 | −0.143% | $3.0M | $68K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 355.88 | −0.135% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.20 | −0.045% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.19 | −0.048% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 355.95 | −0.115% | $137K | $48K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0125% | 8h | 356.15 | −0.059% | $690K | $235K | 20x | as long as short |
| Lighter GOOGL | +0.0200% | 1h | 356.30 | −0.017% | $2.0M | $1.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0228% | 1h | 356.18 | −0.051% | $22K | $151K | 10x | as long as short |
OKX GOOGL-USDT-SWAP
Binance GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Bybit GOOGLUSDT
Gate GOOGL_USDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aster GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Extended GOOGL-USD
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
edgeX GOOGLUSDC
Bitget GOOGLUSDT
Paradex GOOGL-USD-PERP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
BloFin GOOGL-USDT
Lighter GOOGL
Deribit GOOGL_USDC-PERPETUAL