Funding you earn now, next payment 08:00 UTC+0.0083%/8h= +9.0% APRnext payment +$0.83 per $10,000 · paid last 24h +0.053%
Price spread now: Binance against SunX+0.022%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$1091.088% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 2 days (all we have)−0.033%−$3 · spread now +0.022%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.023% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX GOOGL-USDT | 356.94 | 0 | get 0.0000% / 8h | 6h 22m | $953 | $4.1M | 20x |
| Short | Binance GOOGLUSDT | 357.02 | 0.0083 | get 0.0083% / 8h | 6h 22m | $72.8M | $141.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $17.34
- Price spread: +0.022% → 0.000%
- $2.26
- Slippage, 4 orders
- −$90.81
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$89.21
- Costs to cover
- 1.088%
- Break-even
- 43.0 days
Slippage from SunX: live order book, 6 min ago; Binance: live order book, 6 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 SunX live order book, 6 min ago | 44.69 bp | 49.2 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.14 bp | 5.2 bp −$5 | 7.8 bp −$78 | 23.2 bp −$2,321 | doesn't fit |
GOOGL on 35 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit GOOGL_USDC-PERPETUAL | −0.0058% | 1h | 356.76 | −0.050% | $23K | $154K | 10x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0024% | 1h | 356.57 | −0.104% | $532K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0009% | 1h | 356.82 | −0.033% | $557K | $81K | 20x | as long as short |
| Hotstuff GOOGL-PERP | −0.0008% | 1h | 356.70 | −0.067% | $33K | — | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.85 | −0.025% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 356.98 | +0.011% | $16.9M | $9.3M | 100x | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.86 | −0.022% | $23K | $437K | 10x | as long as short |
| SunX GOOGL-USDTlong | 0.0000% | 8h | 356.94 | long leg | $953 | $4.1M | 20x | |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.04 | +0.028% | $115K | $228K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.05 | +0.031% | $2.7M | $72K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GOOGL | +0.0008% | 8h | 356.78 | −0.046% | $4.8M | $2.4M | — | as long as short |
| Aftermath Perps GOOGLUSD | +0.0008% | 1h | 356.63 | −0.086% | $144K | $51K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.03 | +0.025% | $1.3M | $2.3M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.050% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0039% | 1h | 356.88 | −0.017% | $1.3M | $4.5M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.66 | −0.078% | $202K | $272K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.05 | +0.031% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.86 | −0.022% | $98.8M | $22.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.74 | −0.056% | $684K | $434K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.83 | −0.031% | $161 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.48 | −0.129% | $2.3M | $4.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0059% | 8h | 356.95 | +0.002% | $293 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0062% | 8h | 356.95 | +0.002% | $365K | $458K | 20x | as long as short |
| Lighter GOOGL | +0.0080% | 1h | 357.04 | +0.028% | $2.1M | $1.2M | 20x | as long as short |
| Extended GOOGL-USD | +0.0080% | 1h | 356.90 | −0.010% | $421K | $1.8M | 20x | as long as short |
| Binance GOOGLUSDTshort | +0.0083% | 8h | 357.02 | +0.022% | $72.8M | $141.5M | 50x | |
| Phoenix GOOGL | +0.0090% | 1h | 356.69 | −0.070% | $137K | $36K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.86 | −0.022% | $42K | $43K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.59 | −0.098% | $3.0M | $65K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.65 | −0.081% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.88 | −0.017% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.86 | −0.023% | $25K | — | 10x | as long as short |
| Bybit GOOGLUSDT | +0.0125% | 8h | 357.01 | +0.020% | $11.6M | $7.4M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0178% | 8h | 356.96 | +0.006% | $13.8M | $12.8M | 50x | as long as short |
| edgeX GOOGLUSDC | +0.0681% | 4h | 356.84 | −0.028% | $208K | $1.2M | 10x | as long as short |
SunX GOOGL-USDT
Binance GOOGLUSDT
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Bitget GOOGLUSDT
GRVT GOOGL_USDT_Perp
HTX GOOGL-USDT
Phemex GOOGLUSDT
Variational Omni GOOGL
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Lighter GOOGL
Extended GOOGL-USD
Phoenix GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
edgeX GOOGLUSDC