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: Orderly against SunX−0.042%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
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 0.042% cheaper against SunX than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 34 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX GOOGL-USDT | 356.37 | 0 | get 0.0000% / 8h | 7h 32m | $1K | $4.2M | 20x |
| Short | Orderly PERP_GOOGL_USDC | 356.22 | 0.0100 | get 0.0100% / 8h | 7h 32m | $10K | $10K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: −0.042% → 0.000%
- −$4.21
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $2.79
- Costs to cover
- 0.140%
- Break-even
- 6.1 days
Slippage unknown: SunX: live order book, 5 min ago; Orderly: 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 SunX live order book, 5 min ago | 44.76 bp | 49.2 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GOOGL_USDT | 0.0000% | 8h | 356.30 | −0.020% | $3.6M | $7.5M | 100x | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.39 | +0.006% | $23K | $467K | 10x | as long as short |
| SunX GOOGL-USDTlong | 0.0000% | 8h | 356.37 | long leg | $1K | $4.2M | 20x | |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.19 | −0.051% | $23K | $153K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.41 | +0.011% | $114K | $225K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.43 | +0.017% | $2.7M | $66K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0015% | 1h | 356.12 | −0.071% | $144K | $52K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.38 | +0.003% | $1.4M | $2.3M | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0032% | 1h | 355.85 | −0.146% | $528K | $1.1M | 10x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.210% | $128K | $45K | 30x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter GOOGL | +0.0040% | 1h | 356.29 | −0.022% | $2.1M | $1.1M | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0040% | 1h | 356.17 | −0.056% | $33K | — | 20x | as long as short |
| Nado GOOGL-PERP | +0.0044% | 1h | 356.21 | −0.044% | $559K | $79K | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.39 | +0.006% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.17 | −0.056% | $98.2M | $22.4M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.15 | −0.062% | $683K | $441K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.17 | −0.056% | $167 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 355.95 | −0.118% | $2.2M | $4.9M | 15x | as long as short |
| Variational Omni GOOGL | +0.0057% | 8h | 356.37 | 0.000% | $4.8M | $2.7M | — | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 356.26 | −0.031% | $1.3M | $4.8M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0082% | 8h | 356.35 | −0.007% | $292 | $253 | 5x | as long as short |
| Bitget GOOGLUSDT | +0.0092% | 8h | 356.42 | +0.014% | $17.0M | $9.3M | 100x | as long as short |
| Aster GOOGLUSDT | +0.0100% | 8h | 356.53 | +0.045% | $364K | $457K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.16 | −0.059% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 355.92 | −0.126% | $3.0M | $66K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.18 | −0.053% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDCshort | +0.0100% | 8h | 356.22 | −0.042% | $10K | $10K | 20x | |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.24 | −0.037% | $25K | — | 10x | as long as short |
| Bybit GOOGLUSDT | +0.0105% | 8h | 356.50 | +0.036% | $11.5M | $7.7M | 100x | as long as short |
| Extended GOOGL-USD | +0.0120% | 1h | 356.33 | −0.012% | $421K | $2.0M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0121% | 8h | 356.45 | +0.021% | $72.9M | $143.0M | 50x | as long as short |
| Phoenix GOOGL | +0.0157% | 1h | 356.21 | −0.045% | $137K | $48K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0192% | 8h | 356.41 | +0.011% | $13.8M | $12.8M | 50x | as long as short |
| BloFin GOOGL-USDT | +0.0241% | 8h | 356.40 | +0.008% | $690K | $234K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0306% | 1h | 356.13 | −0.067% | $202K | $271K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0581% | 4h | 356.41 | +0.012% | $209K | $1.2M | 10x | as long as short |
SunX GOOGL-USDT
Gate GOOGL_USDT
GRVT GOOGL_USDT_Perp
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Coinbase International GOOGL-PERP-INTX
Injective GOOGL/USDC PERP
Lighter GOOGL
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Variational Omni GOOGL
Paradex GOOGL-USD-PERP
Bitget GOOGLUSDT
Aster GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Bybit GOOGLUSDT
Extended GOOGL-USD
Binance GOOGLUSDT
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT
edgeX GOOGLUSDC