Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h −0.028%
Price spread now: Deribit against Pacifica−0.020%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.020% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica GOOGL | 356.64 | 0.0100 | pay 0.0013% / 1h | 30m 59s | $42K | $39K | 10x |
| Short | Deribit GOOGL_USDC-PERPETUAL | 356.57 | 0 | get 0.0000% / 1h | 30m 59s | $24K | $156K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Pacifica. 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: −0.020% → 0.000%
- −$2.02
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$38.02
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Deribit: live order book, 12 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 12 min ago | 0.14 bp | 3.6 bp −$4 | 4.7 bp −$47 | doesn't fit | doesn't fit |
Pacifica: 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 | −0.012% | $511K | $1.1M | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 356.71 | +0.019% | $13.6M | $13.0M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.69 | +0.013% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 356.90 | +0.072% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 356.61 | −0.008% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.72 | +0.022% | $23K | $447K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.76 | +0.033% | $1K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUALshort | 0.0000% | 1h | 356.57 | −0.020% | $24K | $156K | 10x | |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.91 | +0.075% | $114K | $212K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.79 | +0.042% | $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 | +0.0022% | 1h | 356.57 | −0.021% | $144K | $46K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0029% | 8h | 356.91 | +0.076% | $365K | $424K | 20x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.76 | +0.033% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.134% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0038% | 1h | 356.77 | +0.036% | $1.3M | $4.2M | 10x | as long as short |
| Nado GOOGL-PERP | +0.0038% | 1h | 356.62 | −0.007% | $548K | $92K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.47 | −0.048% | $207K | $278K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.88 | +0.067% | — | $5K | 25x | as long as short |
| Extended GOOGL-USD | +0.0048% | 1h | 356.77 | +0.035% | $423K | $1.2M | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0048% | 1h | 356.64 | −0.001% | $33K | — | 20x | as long as short |
| Binance GOOGLUSDT | +0.0050% | 8h | 356.86 | +0.061% | $72.0M | $143.9M | 50x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.65 | +0.002% | $98.0M | $21.4M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.64 | −0.001% | $684K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.63 | −0.003% | $153 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.32 | −0.090% | $2.3M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0053% | 8h | 356.77 | +0.037% | $293 | $253 | 5x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 356.50 | −0.040% | $137K | $36K | 20x | as long as short |
| Pacifica GOOGLlong | +0.0100% | 1h | 356.64 | long leg | $42K | $39K | 10x | |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.59 | −0.015% | $3.0M | $103K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.55 | −0.026% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.64 | −0.001% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.65 | +0.003% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0136% | 1h | 356.80 | +0.044% | $2.0M | $1.3M | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0162% | 8h | 356.85 | +0.058% | $11.6M | $7.9M | 100x | as long as short |
| BloFin GOOGL-USDT | +0.0170% | 8h | 356.86 | +0.061% | $689K | $236K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0937% | 4h | 356.66 | +0.006% | $208K | $1.2M | 10x | as long as short |
Pacifica GOOGL
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
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
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Bybit GOOGLUSDT
BloFin GOOGL-USDT
edgeX GOOGLUSDC