Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.157%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$244as in the Price arb table
costs, in and out, $10k−$2362.363% of the position
Funding, last 7 days+0.079%+$8 on $10k
+Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.157%, 7d avg −0.079%
=Funding pays, the price is against you. KuCoin is 0.078% cheaper against SunX than usual: you would sell low and buy high (spread −0.157% now, against its 7-day average of −0.079%). If the spread goes back, that is −$8 on $10k: about 2.6 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.079% in total) that is about 7.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX GOOGL-USDT | 356.68 | 0 | get 0.0000% / 8h | 7h 48m | $2K | $4.2M | 20x |
| Short | KuCoin GOOGLUSDTM | 356.12 | 0.0100 | get 0.0100% / 8h | 7h 48m | $3.0M | $66K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.157% → −0.079%
- −$7.84
- Slippage, 4 orders
- −$216.26
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$223.1
- Costs to cover
- 2.363%
- Break-even
- 81.4 days
Slippage from SunX: live order book, 10 min ago; KuCoin: live order book, 9 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, 10 min ago | 44.73 bp | 49.2 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 5.75 bp | 71.4 bp −$71 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GOOGL_USDT | 0.0000% | 8h | 356.46 | −0.062% | $3.6M | $7.5M | 100x | as long as short |
| SunX GOOGL-USDTlong | 0.0000% | 8h | 356.68 | long leg | $2K | $4.2M | 20x | |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.48 | −0.056% | $23K | $153K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.78 | +0.028% | $115K | $225K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.77 | +0.025% | $2.7M | $66K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0017% | 1h | 356.38 | −0.083% | $144K | $53K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.58 | −0.028% | $1.4M | $2.3M | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0032% | 1h | 356.29 | −0.109% | $529K | $1.1M | 10x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.123% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.60 | −0.022% | — | $5K | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOOGL-PERP | +0.0048% | 1h | 356.36 | −0.090% | $33K | — | 20x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.28 | −0.112% | $98.2M | $24.6M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.38 | −0.084% | $683K | $437K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.35 | −0.093% | $175 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.16 | −0.146% | $2.3M | $4.9M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 356.49 | −0.053% | $1.3M | $4.8M | 10x | as long as short |
| Variational Omni GOOGL | +0.0068% | 8h | 356.63 | −0.014% | $4.8M | $2.7M | — | as long as short |
| Nado GOOGL-PERP | +0.0087% | 1h | 356.39 | −0.081% | $560K | $81K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0095% | 8h | 356.54 | −0.040% | $292 | $253 | 5x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.49 | −0.053% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTMshort | +0.0100% | 8h | 356.12 | −0.157% | $3.0M | $66K | 20x | |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.62 | −0.017% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.50 | −0.050% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.53 | −0.041% | $25K | — | 10x | as long as short |
| Aster GOOGLUSDT | +0.0113% | 8h | 356.71 | +0.007% | $365K | $457K | 20x | as long as short |
| Lighter GOOGL | +0.0120% | 1h | 356.51 | −0.048% | $2.1M | $1.1M | 20x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0121% | 8h | 356.81 | +0.037% | $23K | $472K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0134% | 8h | 356.61 | −0.020% | $73.2M | $142.4M | 50x | as long as short |
| Extended GOOGL-USD | +0.0136% | 1h | 356.53 | −0.043% | $422K | $1.7M | 20x | as long as short |
| Bitget GOOGLUSDT | +0.0143% | 8h | 356.52 | −0.045% | $16.9M | $9.2M | 100x | as long as short |
| Phoenix GOOGL | +0.0157% | 1h | 356.56 | −0.034% | $137K | $48K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0197% | 8h | 356.62 | −0.017% | $11.5M | $7.7M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0200% | 8h | 356.57 | −0.031% | $13.8M | $12.8M | 50x | as long as short |
| BloFin GOOGL-USDT | +0.0254% | 8h | 356.66 | −0.006% | $688K | $235K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0306% | 1h | 356.43 | −0.070% | $202K | $271K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0476% | 4h | 356.74 | +0.016% | $210K | $1.2M | 10x | as long as short |
SunX GOOGL-USDT
KuCoin GOOGLUSDTM
Gate GOOGL_USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Coinbase International GOOGL-PERP-INTX
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Variational Omni GOOGL
Paradex GOOGL-USD-PERP
Pacifica GOOGL
ApeX Omni GOOGLUSDT
Aster GOOGLUSDT
Lighter GOOGL
GRVT GOOGL_USDT_Perp
Binance GOOGLUSDT
Extended GOOGL-USD
Bitget GOOGLUSDT
Phoenix GOOGL
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT
edgeX GOOGLUSDC