Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: Pacifica against QFEX−0.063%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Pacifica is 0.063% cheaper against QFEX than usual: you would sell low and buy high (spread −0.063% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 4.2 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX GOOGL-USD | 357.66 | 0.0050 | pay 0.0006% / 1h | 23m 28s | $1.3M | $4.2M | 10x |
| Short | Pacifica GOOGL | 357.43 | 0.0100 | get 0.0013% / 1h | 23m 28s | $42K | $41K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against QFEX. 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
- $10.58
- Price spread: −0.063% → 0.000%
- −$6.33
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$13.75
- Costs to cover
- 0.180%
- Break-even
- 16.1 days
Slippage unknown: QFEX: live order book, 5 min ago; Pacifica: no order-book sample. 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 QFEX live order book, 5 min ago | 2.10 bp | 7.1 bp −$7 | 7.3 bp −$73 | 13.3 bp −$1,331 | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
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 | −0.0048% | 1h | 357.54 | −0.034% | $526K | $1.1M | 10x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.61 | −0.014% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.74 | +0.022% | $17.5M | $9.6M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.64 | −0.006% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.72 | +0.016% | $23K | $434K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.73 | +0.020% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.36 | −0.084% | $24K | $155K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.83 | +0.048% | $115K | $221K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.74 | +0.022% | $2.7M | $86K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0017% | 1h | 357.63 | −0.009% | $144K | $48K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH GOOGL | +0.0032% | 1h | 357.77 | +0.031% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.151% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.41 | −0.070% | $207K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.66 | 0.000% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USDlong | +0.0050% | 1h | 357.66 | long leg | $1.3M | $4.2M | 10x | |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.53 | −0.036% | $99.1M | $20.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.50 | −0.045% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.45 | −0.059% | $147 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.31 | −0.098% | $2.3M | $4.9M | 15x | as long as short |
| Hotstuff GOOGL-PERP | +0.0056% | 1h | 357.43 | −0.064% | $33K | — | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0062% | 4h | 357.64 | −0.006% | $209K | $1.2M | 10x | as long as short |
| Aster GOOGLUSDT | +0.0066% | 8h | 357.91 | +0.070% | $366K | $457K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0086% | 8h | 357.77 | +0.030% | $73.1M | $141.2M | 50x | as long as short |
| Extended GOOGL-USD | +0.0088% | 1h | 357.67 | +0.004% | $426K | $1.8M | 20x | as long as short |
| Nado GOOGL-PERP | +0.0090% | 1h | 357.46 | −0.055% | $558K | $81K | 20x | as long as short |
| Pacifica GOOGLshort | +0.0100% | 1h | 357.43 | −0.063% | $42K | $41K | 10x | |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.36 | −0.084% | $3.0M | $91K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.37 | −0.081% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.63 | −0.008% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.56 | −0.027% | $25K | — | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0108% | 8h | 357.64 | −0.004% | $293 | $253 | 5x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.46 | −0.056% | $137K | $36K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0113% | 8h | 357.70 | +0.011% | $13.8M | $12.4M | 50x | as long as short |
| Bybit GOOGLUSDT | +0.0203% | 8h | 357.85 | +0.053% | $12.0M | $7.6M | 100x | as long as short |
| BloFin GOOGL-USDT | +0.0204% | 8h | 357.70 | +0.011% | $695K | $234K | 20x | as long as short |
| Lighter GOOGL | +0.0280% | 1h | 357.76 | +0.028% | $2.0M | $1.3M | 20x | as long as short |
Pacifica GOOGL
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
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
edgeX GOOGLUSDC
Aster GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Paradex GOOGL-USD-PERP
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
Bybit GOOGLUSDT
BloFin GOOGL-USDT
Lighter GOOGL