Funding you earn now, next payment 08:00 UTC−0.0003%/8h= −0.4% APRnext payment −$0.03 per $10,000 · paid last 24h +0.023%
Price spread now: Binance against Orderly+0.042%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.042% dearer against Orderly than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GOOGL_USDC | 356.50 | 0.0100 | pay 0.0100% / 8h | 6h 42m | $10K | $10K | 20x |
| Short | Binance GOOGLUSDT | 356.65 | 0.0097 | get 0.0097% / 8h | 6h 42m | $72.7M | $141.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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
- −$0.68
- Price spread: +0.042% → 0.000%
- $4.21
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$12.47
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 15 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 0.14 bp | 5.1 bp −$5 | 7.3 bp −$73 | 22.6 bp −$2,258 | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0088% | 1h | 356.46 | −0.011% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0024% | 1h | 356.00 | −0.140% | $528K | $1.1M | 10x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.62 | +0.034% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 356.66 | +0.045% | $16.9M | $9.3M | 100x | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.57 | +0.020% | $23K | $438K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.67 | +0.048% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.46 | −0.011% | $23K | $153K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.82 | +0.090% | $115K | $227K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.63 | +0.036% | $2.7M | $67K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0009% | 1h | 356.27 | −0.066% | $144K | $51K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERP | +0.0013% | 1h | 356.44 | −0.016% | $556K | $80K | 20x | as long as short |
| Variational Omni GOOGL | +0.0020% | 8h | 356.45 | −0.014% | $4.8M | $2.3M | — | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.68 | +0.050% | $1.4M | $2.3M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.174% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0039% | 1h | 356.56 | +0.017% | $1.3M | $4.5M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.34 | −0.045% | $202K | $272K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.63 | +0.036% | — | $5K | 25x | as long as short |
| Lighter GOOGL | +0.0048% | 1h | 356.62 | +0.034% | $2.1M | $1.1M | 20x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.55 | +0.014% | $98.4M | $22.4M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.40 | −0.028% | $683K | $433K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.54 | +0.011% | $160 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.32 | −0.050% | $2.3M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0064% | 8h | 356.61 | +0.030% | $292 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0075% | 8h | 356.59 | +0.026% | $364K | $458K | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 356.47 | −0.008% | $137K | $36K | 20x | as long as short |
| Extended GOOGL-USD | +0.0096% | 1h | 356.61 | +0.031% | $421K | $1.8M | 20x | as long as short |
| Binance GOOGLUSDTshort | +0.0097% | 8h | 356.65 | +0.042% | $72.7M | $141.5M | 50x | |
| Pacifica GOOGL | +0.0100% | 1h | 356.37 | −0.037% | $42K | $43K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.22 | −0.079% | $3.0M | $65K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.25 | −0.070% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDClong | +0.0100% | 8h | 356.50 | long leg | $10K | $10K | 20x | |
| Bybit GOOGLUSDT | +0.0104% | 8h | 356.85 | +0.098% | $11.6M | $7.5M | 100x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.53 | +0.007% | $25K | — | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0182% | 8h | 356.69 | +0.053% | $13.8M | $12.7M | 50x | as long as short |
| BloFin GOOGL-USDT | +0.0215% | 8h | 356.47 | −0.008% | $651K | $234K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0635% | 4h | 356.43 | −0.019% | $209K | $1.2M | 10x | as long as short |
Binance GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Bitget GOOGLUSDT
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Variational Omni GOOGL
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Lighter GOOGL
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Phoenix GOOGL
Extended GOOGL-USD
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT
edgeX GOOGLUSDC