Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.036%
Price spread now: OKX against Orderly+0.031%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
The price spread pays, funding is against you. OKX is 0.031% dearer against Orderly than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$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 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GOOGL_USDC | 356.76 | 0.0100 | pay 0.0100% / 8h | 1h 28m | $10K | $11K | 20x |
| Short | OKX GOOGL-USDT-SWAP | 356.87 | 0 | get 0.0000% / 8h | 1h 28m | $13.6M | $13.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$21
- Price spread: +0.031% → 0.000%
- $3.08
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$33.92
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 5 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 OKX live order book, 5 min ago | 0.14 bp | 5.3 bp −$5 | 12.7 bp −$127 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0024% | 1h | 356.60 | −0.045% | $511K | $1.1M | 10x | as long as short |
| OKX GOOGL-USDT-SWAPshort | 0.0000% | 8h | 356.87 | +0.031% | $13.6M | $13.0M | 50x | |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.83 | +0.020% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 356.99 | +0.064% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 356.79 | +0.009% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.82 | +0.016% | $23K | $447K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.96 | +0.056% | $1K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.71 | −0.014% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.03 | +0.076% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.90 | +0.039% | $2.7M | $87K | 10x | 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 | +0.0021% | 1h | 356.54 | −0.060% | $144K | $46K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0027% | 8h | 357.06 | +0.083% | $365K | $424K | 20x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.88 | +0.034% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.101% | $128K | $45K | 30x | as long as short |
| Nado GOOGL-PERP | +0.0035% | 1h | 356.74 | −0.007% | $549K | $92K | 20x | as long as short |
| QFEX GOOGL-USD | +0.0038% | 1h | 356.92 | +0.045% | $1.2M | $4.2M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.58 | −0.050% | $207K | $278K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.05 | +0.081% | — | $5K | 25x | as long as short |
| Extended GOOGL-USD | +0.0048% | 1h | 356.87 | +0.030% | $423K | $1.2M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0048% | 8h | 356.95 | +0.054% | $72.0M | $143.9M | 50x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.78 | +0.006% | $98.1M | $21.4M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.75 | −0.003% | $684K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.74 | −0.006% | $153 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.46 | −0.084% | $2.3M | $4.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0053% | 8h | 356.93 | +0.048% | $293 | $253 | 5x | as long as short |
| Hotstuff GOOGL-PERP | +0.0080% | 1h | 356.77 | +0.003% | $33K | — | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 356.69 | −0.020% | $137K | $36K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.76 | 0.000% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.59 | −0.048% | $3.0M | $103K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.55 | −0.059% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDClong | +0.0100% | 8h | 356.76 | long leg | $10K | $11K | 20x | |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.81 | +0.014% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0136% | 1h | 356.92 | +0.045% | $2.0M | $1.3M | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0157% | 8h | 356.96 | +0.056% | $11.6M | $7.9M | 100x | as long as short |
| BloFin GOOGL-USDT | +0.0169% | 8h | 356.96 | +0.056% | $690K | $236K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0655% | 4h | 356.77 | +0.004% | $208K | $1.2M | 10x | as long as short |
OKX GOOGL-USDT-SWAP
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
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
Phoenix GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Bybit GOOGLUSDT
BloFin GOOGL-USDT
edgeX GOOGLUSDC