Funding you earn now, next payment 09:00 UTC−0.0106%/8h= −11.6% APRnext payment −$0.13 per $10,000 · paid last 24h −0.010%
Price spread now: Coinbase International against tradeXYZ−0.042%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$350.351% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.042%, 7d avg −0.052%
=Together, before fees+0.122%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:GOOGL | 358.91 | 0.0050 | pay 0.0006% / 1h | 5m 21s | $98.3M | $21.6M | 20x |
| Short | Coinbase International GOOGL-PERP-INTX | 358.76 | −0.0056 | pay 0.0007% / 1h | 5m 21s | $516K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against tradeXYZ. 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
- −$22.26
- Price spread: −0.042% → −0.052%
- $0.99
- Slippage, 4 orders
- −$7.13
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$56.39
- Costs to cover
- 0.351%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 7 min ago; Coinbase International: live order book, 1 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 tradeXYZ live order book, 7 min ago | 0.14 bp | 9.6 bp −$10 | 12.0 bp −$120 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 1.67 bp | 8.9 bp −$9 | 11.5 bp −$115 | 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 | 358.53 | −0.106% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTXshort | −0.0056% | 1h | 358.76 | −0.042% | $516K | $1.1M | 10x | |
| Bybit GOOGLUSDT | 0.0000% | 8h | 358.98 | +0.020% | $11.5M | $7.5M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 358.96 | +0.014% | $13.5M | $13.5M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 358.95 | +0.011% | $3.7M | $6.8M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 359.06 | +0.042% | $17.5M | $9.4M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 359.00 | +0.025% | $883 | $3.7M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 358.86 | −0.014% | $25K | $148K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 359.08 | +0.047% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 359.19 | +0.078% | $2.7M | $109K | 10x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GOOGL | +0.0014% | 8h | 359.10 | +0.053% | $5.0M | $2.3M | — | as long as short |
| Aftermath Perps GOOGLUSD | +0.0028% | 1h | 358.90 | −0.003% | $145K | $43K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 358.98 | +0.020% | $1.3M | $1.9M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.499% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 359.15 | +0.067% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0048% | 1h | 359.02 | +0.031% | $1.3M | $4.1M | 10x | as long as short |
| tradeXYZ xyz:GOOGLlong | +0.0050% | 1h | 358.91 | long leg | $98.3M | $21.6M | 20x | |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 358.95 | +0.011% | $687K | $413K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 358.83 | −0.022% | $112 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 358.77 | −0.039% | $2.3M | $3.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0061% | 8h | 359.11 | +0.055% | $294 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0067% | 8h | 359.04 | +0.037% | $369K | $420K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0071% | 1h | 358.96 | +0.015% | $553K | $81K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0081% | 1h | 358.91 | 0.000% | $211K | $279K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0088% | 8h | 359.05 | +0.039% | $73.0M | $142.3M | 50x | as long as short |
| Extended GOOGL-USD | +0.0088% | 1h | 358.96 | +0.013% | $426K | $2.4M | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 359.06 | +0.042% | $42K | $20K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 358.82 | −0.025% | $3.0M | $233K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 359.03 | +0.033% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 358.91 | 0.000% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 358.92 | +0.002% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 358.97 | +0.017% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0176% | 1h | 358.97 | +0.017% | $2.0M | $2.2M | 20x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0203% | 8h | 359.30 | +0.108% | $23K | $447K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0208% | 8h | 359.02 | +0.031% | $690K | $241K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0701% | 4h | 359.15 | +0.068% | $210K | $1.2M | 10x | as long as short |
tradeXYZ xyz:GOOGL
Coinbase International GOOGL-PERP-INTX
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Variational Omni GOOGL
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Lighter GOOGL
GRVT GOOGL_USDT_Perp
BloFin GOOGL-USDT
edgeX GOOGLUSDC