Funding you earn now, next payment 08:00 UTC+0.0148%/8h= +16.2% APRnext payment +$1.48 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against Bybit+0.087%92s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as 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−$300.304% of the position
Funding, last 7 days+0.232%+$23 on $10k
+Price spread, last 3 days (all we have)−0.076%−$8 · spread now +0.087%, 7d avg −0.011%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.098% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.011%. The two prices were read 92 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 | Bybit GOOGLUSDT | 356.39 | 0.0106 | pay 0.0106% / 8h | 7h 45m | $11.5M | $7.7M | 100x |
| Short | BloFin GOOGL-USDT | 356.70 | 0.0254 | get 0.0254% / 8h | 7h 45m | $688K | $235K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $31.02
- Price spread: +0.087% → −0.011%
- $9.76
- Slippage, 4 orders
- −$7.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $10.36
- Costs to cover
- 0.304%
- Break-even
- 4.7 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 26 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 Bybit live order book, 3 min ago | 0.28 bp | 9.4 bp −$9 | 14.6 bp −$146 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 26 min ago | 0.14 bp | 6.7 bp −$7 | 8.4 bp −$84 | 14.6 bp −$1,461 | 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 | 356.28 | −0.031% | $3.6M | $7.5M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.52 | +0.036% | $2K | $4.2M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.17 | −0.062% | $23K | $153K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.53 | +0.039% | $114K | $225K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.62 | +0.065% | $2.7M | $66K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0017% | 1h | 356.44 | +0.013% | $144K | $53K | 10x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0026% | 8h | 356.69 | +0.084% | $23K | $471K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0028% | 4h | 356.60 | +0.059% | $210K | $1.2M | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.37 | −0.006% | $1.4M | $2.3M | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0032% | 1h | 356.34 | −0.014% | $529K | $1.1M | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.205% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.50 | +0.031% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.12 | −0.076% | $98.1M | $24.6M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.23 | −0.045% | $683K | $440K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.23 | −0.045% | $173 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 355.97 | −0.118% | $2.3M | $4.8M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 356.40 | +0.003% | $1.3M | $4.8M | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0064% | 1h | 356.34 | −0.014% | $33K | — | 20x | as long as short |
| Variational Omni GOOGL | +0.0068% | 8h | 356.40 | +0.003% | $4.8M | $2.7M | — | as long as short |
| Nado GOOGL-PERP | +0.0075% | 1h | 356.37 | −0.005% | $560K | $81K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0092% | 8h | 356.28 | −0.032% | $292 | $253 | 5x | as long as short |
| Lighter GOOGL | +0.0096% | 1h | 356.28 | −0.031% | $2.1M | $1.1M | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.30 | −0.026% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 355.94 | −0.126% | $3.0M | $66K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.46 | +0.020% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.26 | −0.036% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.34 | −0.015% | $25K | — | 10x | as long as short |
| Bybit GOOGLUSDTlong | +0.0106% | 8h | 356.39 | long leg | $11.5M | $7.7M | 100x | |
| Aster GOOGLUSDT | +0.0113% | 8h | 356.58 | +0.054% | $364K | $457K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0132% | 8h | 356.31 | −0.022% | $73.1M | $142.4M | 50x | as long as short |
| Extended GOOGL-USD | +0.0136% | 1h | 356.24 | −0.043% | $421K | $1.7M | 20x | as long as short |
| Bitget GOOGLUSDT | +0.0138% | 8h | 356.34 | −0.014% | $16.9M | $9.3M | 100x | as long as short |
| Phoenix GOOGL | +0.0157% | 1h | 356.33 | −0.017% | $137K | $48K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0198% | 8h | 356.34 | −0.014% | $13.8M | $12.8M | 50x | as long as short |
| BloFin GOOGL-USDTshort | +0.0254% | 8h | 356.70 | +0.087% | $688K | $235K | 20x | |
| Arcus GOOGL-USD | +0.0306% | 1h | 356.33 | −0.017% | $202K | $271K | 10x | as long as short |
Bybit GOOGLUSDT
BloFin GOOGL-USDT
Gate GOOGL_USDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
GRVT GOOGL_USDT_Perp
edgeX GOOGLUSDC
Lighter RH GOOGL
Coinbase International GOOGL-PERP-INTX
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Variational Omni GOOGL
Paradex GOOGL-USD-PERP
Lighter GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Aster GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
Bitget GOOGLUSDT
Phoenix GOOGL
OKX GOOGL-USDT-SWAP