Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against Variational Omni−0.053%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Orderly is 0.053% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 42 hours of funding at the current rate (+$3 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni GOOGL | 356.24 | 0 | get 0.0000% / 8h | 2h 11m | $4.6M | $2.6M | — |
| Short | Orderly PERP_GOOGL_USDC | 356.05 | 0.0100 | get 0.0100% / 8h | 2h 11m | $10K | $10K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $21
- Price spread: −0.053% → 0.000%
- −$5.3
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $9.7
- Costs to cover
- 0.060%
- Break-even
- 3.8 days
Slippage unknown: Variational Omni: RFQ quote, 3 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 Variational Omni RFQ quote, 3 min ago | 2.61 bp | doesn't fit | 13.8 bp −$138 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0032% | 1h | 355.79 | −0.126% | $523K | $1.1M | 10x | as long as short |
| Aster GOOGLUSDT | 0.0000% | 8h | 355.88 | −0.100% | $361K | $455K | 20x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 356.22 | −0.005% | $11.5M | $7.7M | 100x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.02 | −0.061% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGLlong | 0.0000% | 8h | 356.24 | long leg | $4.6M | $2.6M | — | |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.17 | −0.021% | $23K | $509K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.08 | −0.045% | $1K | $4.2M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 355.94 | −0.084% | $22K | $151K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.20 | −0.011% | $114K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.20 | −0.011% | $2.7M | $64K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance GOOGLUSDT | +0.0016% | 8h | 356.11 | −0.036% | $72.8M | $141.5M | 50x | as long as short |
| Extended GOOGL-USD | +0.0016% | 1h | 356.09 | −0.041% | $422K | $1.6M | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0017% | 1h | 355.98 | −0.074% | $144K | $55K | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0032% | 8h | 356.15 | −0.025% | $13.8M | $12.9M | 50x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.22 | −0.005% | $1.4M | $2.6M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.247% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0043% | 1h | 356.05 | −0.053% | $1.3M | $4.7M | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.15 | −0.025% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 355.94 | −0.084% | $97.9M | $25.4M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.00 | −0.067% | $682K | $438K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 355.94 | −0.084% | $187 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 355.73 | −0.143% | $2.3M | $4.9M | 15x | as long as short |
| Bitget GOOGLUSDT | +0.0051% | 8h | 356.10 | −0.039% | $17.0M | $9.2M | 100x | as long as short |
| Hotstuff GOOGL-PERP | +0.0056% | 1h | 355.94 | −0.084% | $33K | — | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0058% | 8h | 356.13 | −0.031% | $689K | $235K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0067% | 8h | 356.11 | −0.037% | $292 | $253 | 5x | as long as short |
| Arcus GOOGL-USD | +0.0071% | 1h | 355.93 | −0.087% | $202K | $303K | 10x | as long as short |
| Nado GOOGL-PERP | +0.0085% | 1h | 355.89 | −0.098% | $556K | $81K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 355.86 | −0.106% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 355.76 | −0.134% | $3.0M | $68K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 355.86 | −0.106% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDCshort | +0.0100% | 8h | 356.05 | −0.053% | $10K | $10K | 20x | |
| Aevo GOOGL-PERP | +0.0104% | 1h | 355.99 | −0.069% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 356.05 | −0.053% | $137K | $48K | 20x | as long as short |
| Lighter GOOGL | +0.0192% | 1h | 356.21 | −0.008% | $2.0M | $1.0M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0416% | 4h | 356.18 | −0.017% | $208K | $1.2M | 10x | as long as short |
Variational Omni GOOGL
Coinbase International GOOGL-PERP-INTX
Aster GOOGLUSDT
Bybit GOOGLUSDT
Gate GOOGL_USDT
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
Aftermath Perps GOOGLUSD
OKX GOOGL-USDT-SWAP
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Bitget GOOGLUSDT
BloFin GOOGL-USDT
Paradex GOOGL-USD-PERP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Lighter GOOGL
edgeX GOOGLUSDC