Funding you earn now, next payment 08:00 UTC+0.0204%/8h= +22.3% APRnext payment +$2.04 per $10,000 · paid last 24h +0.020%
Price spread now: Bybit against Variational Omni+0.069%7-day average +0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.039%+$4 on $10k
+Price spread, last 7 days−0.068%−$7 · spread now +0.069%, 7d avg +0.016%
=Together, before fees−0.029%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bybit is 0.053% dearer against Variational Omni than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.016%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.039% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni GOOGL | 357.23 | 0 | get 0.0000% / 8h | 2h 16m | $4.7M | $2.4M | — |
| Short | Bybit GOOGLUSDT | 357.48 | 0.0204 | get 0.0204% / 8h | 2h 16m | $12.0M | $7.6M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. 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
- $42.8
- Price spread: +0.069% → +0.016%
- $5.29
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $37.09
- Costs to cover
- 0.110%
- Break-even
- 0.9 days
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Bybit: live order book, 2 min ago. 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 Variational Omni RFQ quote, 3 min ago | 2.62 bp | doesn't fit | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.56 bp | 8.2 bp −$8 | 12.2 bp −$122 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit GOOGL_USDC-PERPETUAL | −0.0058% | 1h | 357.05 | −0.051% | $24K | $156K | 10x | as long as short |
| Nado GOOGL-PERP | −0.0017% | 1h | 357.21 | −0.007% | $557K | $86K | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.22 | −0.003% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.33 | +0.027% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGLlong | 0.0000% | 8h | 357.23 | long leg | $4.7M | $2.4M | — | |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.37 | +0.039% | $23K | $447K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.36 | +0.036% | $1K | $4.1M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.42 | +0.052% | $115K | $214K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.44 | +0.058% | $2.7M | $88K | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.35 | +0.033% | $13.7M | $12.8M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 356.88 | −0.099% | $519K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0020% | 1h | 357.14 | −0.027% | $144K | $47K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.34 | +0.030% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.031% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.09 | −0.040% | $207K | $278K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.45 | +0.061% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0047% | 1h | 357.23 | −0.001% | $1.3M | $4.3M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.16 | −0.020% | $98.2M | $21.8M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.11 | −0.034% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.16 | −0.020% | $159 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.98 | −0.071% | $2.3M | $4.8M | 15x | as long as short |
| Aster GOOGLUSDT | +0.0051% | 8h | 357.53 | +0.083% | $366K | $426K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0059% | 8h | 357.34 | +0.029% | $293 | $253 | 5x | as long as short |
| Binance GOOGLUSDT | +0.0072% | 8h | 357.36 | +0.036% | $72.1M | $143.8M | 50x | as long as short |
| Extended GOOGL-USD | +0.0072% | 1h | 357.26 | +0.006% | $422K | $1.2M | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0096% | 1h | 357.17 | −0.017% | $33K | — | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.15 | −0.022% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.80 | −0.121% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.15 | −0.023% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.22 | −0.003% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.25 | +0.004% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0112% | 1h | 357.35 | +0.033% | $2.0M | $1.3M | 20x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 357.16 | −0.020% | $137K | $36K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0192% | 8h | 357.44 | +0.058% | $690K | $236K | 20x | as long as short |
| Bybit GOOGLUSDTshort | +0.0204% | 8h | 357.48 | +0.069% | $12.0M | $7.6M | 100x | |
| edgeX GOOGLUSDC | +0.0749% | 4h | 357.24 | +0.001% | $208K | $1.2M | 10x | as long as short |
Variational Omni GOOGL
Bybit GOOGLUSDT
Deribit GOOGL_USDC-PERPETUAL
Gate GOOGL_USDT
Bitget GOOGLUSDT
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
OKX GOOGL-USDT-SWAP
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Aster GOOGLUSDT
Paradex GOOGL-USD-PERP
Binance GOOGLUSDT
Extended GOOGL-USD
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Phoenix GOOGL
BloFin GOOGL-USDT
edgeX GOOGLUSDC