Funding you earn now, next payment 11:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Deribit against Polymarket Perps−0.017%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 5 days (all we have)+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.017%, 7d avg +0.021%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.037% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.021%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.066%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps GOOG-USD | 357.97 | 0.0050 | pay 0.0006% / 1h | 52m 56s | $686K | $413K | 10x |
| Short | Deribit GOOGL_USDC-PERPETUAL | 357.91 | 0.0002 | get 0.0000% / 1h | 52m 56s | $29K | $152K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Polymarket Perps. 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
- −$10.18
- Price spread: −0.017% → +0.021%
- −$3.75
- Slippage, 4 orders
- −$11.93
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$40.86
- Costs to cover
- 0.269%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 58 min ago; Deribit: live order book, 58 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 Polymarket Perps live order book, 58 min ago | 2.79 bp | 6.8 bp −$7 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 58 min ago | 0.14 bp | 9.7 bp −$10 | 12.8 bp −$128 | doesn't fit | doesn't fit |
GOOGL on 36 exchanges
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 | −0.1600% | 1h | 357.90 | −0.020% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0040% | 1h | 358.24 | +0.075% | $522K | $1.2M | 10x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 358.24 | +0.075% | $11.5M | $7.7M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 358.24 | +0.075% | $13.5M | $13.7M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 358.03 | +0.017% | $3.7M | $6.8M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 358.31 | +0.095% | $17.5M | $9.8M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 358.18 | +0.059% | $2K | $3.7M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 358.26 | +0.081% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 358.48 | +0.142% | $2.7M | $114K | 10x | as long as short |
| Deribit GOOGL_USDC-PERPETUALshort | +0.0002% | 1h | 357.91 | −0.017% | $29K | $152K | 10x |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GOOGL | +0.0013% | 8h | 358.41 | +0.124% | $5.0M | $2.3M | — | as long as short |
| Aftermath Perps GOOGLUSD | +0.0028% | 1h | 358.35 | +0.106% | $145K | $42K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 358.05 | +0.022% | $1.3M | $1.7M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.237% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 358.19 | +0.061% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 358.01 | +0.011% | $98.0M | $21.9M | 20x | as long as short |
| Polymarket Perps GOOG-USDlong | +0.0050% | 1h | 357.97 | long leg | $686K | $413K | 10x | |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.90 | −0.020% | $112 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 358.18 | +0.059% | $2.3M | $3.9M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0060% | 1h | 358.14 | +0.047% | $1.2M | $4.1M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0060% | 8h | 358.04 | +0.019% | $294 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0061% | 8h | 358.39 | +0.117% | $368K | $420K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0079% | 8h | 358.24 | +0.076% | $73.2M | $145.0M | 50x | as long as short |
| Extended GOOGL-USD | +0.0080% | 1h | 358.13 | +0.045% | $426K | $2.4M | 20x | as long as short |
| Nado GOOGL-PERP | +0.0087% | 1h | 357.94 | −0.008% | $552K | $82K | 20x | as long as short |
| Lighter GOOGL | +0.0096% | 1h | 358.04 | +0.020% | $2.0M | $2.1M | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 358.11 | +0.040% | $42K | $20K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 358.00 | +0.008% | $3.0M | $246K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 358.38 | +0.115% | $36K | $17K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 358.04 | +0.020% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 358.10 | +0.038% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 358.18 | +0.059% | $138K | $36K | 20x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0145% | 8h | 358.58 | +0.170% | $12K | $460K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0193% | 4h | 358.66 | +0.191% | $208K | $1.2M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0199% | 1h | 357.96 | −0.003% | $211K | $195K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0202% | 8h | 358.23 | +0.073% | $690K | $242K | 20x | as long as short |
Polymarket Perps GOOG-USD
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Variational Omni GOOGL
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
Lighter GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
GRVT GOOGL_USDT_Perp
edgeX GOOGLUSDC
BloFin GOOGL-USDT