Funding you earn now, next payment 08:00 UTC−0.0101%/8h= −11.1% APRnext payment −$1.01 per $10,000 · paid last 24h −0.009%
Price spread now: Bybit against OKX+0.008%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$290.292% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now +0.008%, 7d avg +0.005%
=The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: −$3 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 | 357.42 | 0.0147 | pay 0.0147% / 8h | 5h 58m | $13.8M | $12.5M | 50x |
| Short | Bybit GOOGLUSDT | 357.45 | 0.0045 | get 0.0045% / 8h | 5h 58m | $11.6M | $7.4M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21.25
- Price spread: +0.008% → +0.005%
- $0.36
- Slippage, 4 orders
- −$8.19
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$50.08
- Costs to cover
- 0.292%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 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 OKX live order book, 4 min ago | 0.14 bp | 6.6 bp −$7 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.42 bp | 7.6 bp −$8 | 11.2 bp −$112 | 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 | −0.0198% | 1h | 357.11 | −0.087% | $23K | $154K | 10x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0064% | 1h | 357.00 | −0.118% | $524K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0048% | 1h | 357.32 | −0.028% | $557K | $80K | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.33 | −0.025% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.29 | −0.036% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.19 | −0.064% | $23K | $436K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.45 | +0.008% | $1K | $4.1M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.61 | +0.053% | $115K | $223K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.53 | +0.031% | $2.7M | $74K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0007% | 1h | 357.06 | −0.101% | $144K | $50K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GOOGLUSDT | +0.0023% | 8h | 357.47 | +0.014% | $17.0M | $9.3M | 100x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.49 | +0.020% | $1.3M | $2.3M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.084% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0039% | 1h | 357.35 | −0.020% | $1.3M | $4.4M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.08 | −0.095% | $202K | $272K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0042% | 8h | 357.36 | −0.017% | $365K | $458K | 20x | as long as short |
| Bybit GOOGLUSDTshort | +0.0045% | 8h | 357.45 | +0.008% | $11.6M | $7.4M | 100x | |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.51 | +0.025% | — | $5K | 25x | as long as short |
| Hotstuff GOOGL-PERP | +0.0048% | 1h | 357.27 | −0.042% | $33K | — | 20x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.27 | −0.042% | $99.0M | $22.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.14 | −0.078% | $685K | $433K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.25 | −0.048% | $147 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.89 | −0.148% | $2.3M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0055% | 8h | 357.45 | +0.007% | $293 | $253 | 5x | as long as short |
| Binance GOOGLUSDT | +0.0063% | 8h | 357.46 | +0.010% | $72.9M | $141.5M | 50x | as long as short |
| Extended GOOGL-USD | +0.0064% | 1h | 357.38 | −0.012% | $421K | $1.8M | 20x | as long as short |
| Lighter GOOGL | +0.0080% | 1h | 357.50 | +0.022% | $2.1M | $1.2M | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 357.09 | −0.092% | $137K | $36K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.20 | −0.062% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.02 | −0.112% | $3.0M | $65K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.25 | −0.048% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.29 | −0.036% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.26 | −0.044% | $25K | — | 10x | as long as short |
| OKX GOOGL-USDT-SWAPlong | +0.0147% | 8h | 357.42 | long leg | $13.8M | $12.5M | 50x | |
| edgeX GOOGLUSDC | +0.0846% | 4h | 357.17 | −0.069% | $208K | $1.2M | 10x | as long as short |
OKX GOOGL-USDT-SWAP
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
Bitget GOOGLUSDT
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Aster GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Binance GOOGLUSDT
Extended GOOGL-USD
Lighter GOOGL
Phoenix GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
edgeX GOOGLUSDC