Funding you earn now, next payment 00:00 UTC−0.0125%/8h= −13.6% APRnext payment −$1.25 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against BloFin+0.003%72s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$310.311% of the position
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 3 days (all we have)−0.025%−$2 · spread now +0.003%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 72 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 | BloFin GOOGL-USDT | 356.63 | 0.0249 | pay 0.0249% / 8h | 13m 56s | $692K | $236K | 20x |
| Short | Bybit GOOGLUSDT | 356.64 | 0.0124 | get 0.0124% / 8h | 13m 56s | $11.5M | $7.8M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$26.15
- Price spread: +0.003% → +0.011%
- −$0.82
- Slippage, 4 orders
- −$8.06
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$58.03
- Costs to cover
- 0.311%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 63 min ago; Bybit: live order book, 4 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 BloFin live order book, 63 min ago | 0.14 bp | 6.7 bp −$7 | 8.1 bp −$81 | 15.9 bp −$1,590 | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.28 bp | 9.5 bp −$10 | 14.8 bp −$148 | 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 | 356.44 | −0.053% | $3.6M | $7.5M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.57 | −0.017% | $1K | $4.2M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.69 | +0.017% | $115K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.61 | −0.006% | $2.7M | $66K | 10x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0008% | 1h | 356.24 | −0.109% | $530K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0018% | 1h | 356.38 | −0.069% | $144K | $53K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.57 | −0.017% | $1.4M | $2.5M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.137% | $128K | $45K | 30x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0043% | 8h | 356.58 | −0.015% | $23K | $472K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.48 | −0.042% | — | $5K | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.28 | −0.098% | $98.2M | $25.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.30 | −0.093% | $683K | $437K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.29 | −0.095% | $178 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.16 | −0.132% | $2.3M | $4.9M | 15x | as long as short |
| Variational Omni GOOGL | +0.0059% | 8h | 356.56 | −0.019% | $4.7M | $2.6M | — | as long as short |
| QFEX GOOGL-USD | +0.0060% | 1h | 356.46 | −0.048% | $1.3M | $4.9M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0086% | 8h | 356.48 | −0.042% | $292 | $253 | 5x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.20 | −0.120% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.32 | −0.087% | $3.0M | $66K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.35 | −0.079% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.42 | −0.059% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.48 | −0.043% | $25K | — | 10x | as long as short |
| Aster GOOGLUSDT | +0.0109% | 8h | 356.71 | +0.023% | $363K | $457K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0111% | 1h | 356.26 | −0.104% | $559K | $81K | 20x | as long as short |
| Bybit GOOGLUSDTshort | +0.0124% | 8h | 356.64 | +0.003% | $11.5M | $7.8M | 100x | |
| Extended GOOGL-USD | +0.0128% | 1h | 356.53 | −0.027% | $422K | $1.6M | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0128% | 1h | 356.29 | −0.095% | $33K | — | 20x | as long as short |
| Binance GOOGLUSDT | +0.0129% | 8h | 356.60 | −0.009% | $73.1M | $143.0M | 50x | as long as short |
| Bitget GOOGLUSDT | +0.0131% | 8h | 356.57 | −0.017% | $16.8M | $9.3M | 100x | as long as short |
| Phoenix GOOGL | +0.0157% | 1h | 356.32 | −0.087% | $137K | $48K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0179% | 8h | 356.59 | −0.011% | $13.8M | $12.9M | 50x | as long as short |
| edgeX GOOGLUSDC | +0.0206% | 4h | 356.57 | −0.018% | $210K | $1.2M | 10x | as long as short |
| BloFin GOOGL-USDTlong | +0.0249% | 8h | 356.63 | long leg | $692K | $236K | 20x | |
| Arcus GOOGL-USD | +0.0250% | 1h | 356.32 | −0.087% | $202K | $271K | 10x | as long as short |
| Lighter GOOGL | +0.0264% | 1h | 356.53 | −0.028% | $2.1M | $1.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0368% | 1h | 356.43 | −0.056% | $23K | $152K | 10x | as long as short |
BloFin GOOGL-USDT
Bybit GOOGLUSDT
Gate GOOGL_USDT
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
GRVT GOOGL_USDT_Perp
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Variational Omni GOOGL
Paradex GOOGL-USD-PERP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Aster GOOGLUSDT
Extended GOOGL-USD
Binance GOOGLUSDT
Bitget GOOGLUSDT
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
edgeX GOOGLUSDC
Lighter GOOGL
Deribit GOOGL_USDC-PERPETUAL