Funding you earn now, next payment 08:00 UTC−0.0141%/8h= −15.4% APRnext payment −$1.41 per $10,000 · paid last 24h −0.034%
Price spread now: Paradex against Bybit−0.032%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Paradex is 0.032% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 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 | 357.51 | 0.0199 | pay 0.0199% / 8h | 2h 09m | $12.0M | $7.5M | 100x |
| Short | Paradex GOOGL-USD-PERP | 357.40 | 0.0058 | get 0.0058% / 8h | 2h 09m | $293 | $253 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$29.57
- Price spread: −0.032% → 0.000%
- −$3.17
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$47.74
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; Paradex: 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 Bybit live order book, 3 min ago | 0.14 bp | 8.2 bp −$8 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERP | −0.0022% | 1h | 357.28 | −0.065% | $557K | $86K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.40 | −0.031% | $13.7M | $12.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.31 | −0.056% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.48 | −0.008% | $17.3M | $9.9M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.45 | −0.016% | $4.7M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.32 | −0.053% | $23K | $447K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.45 | −0.017% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.22 | −0.081% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.49 | −0.006% | $115K | $213K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.54 | +0.008% | $2.7M | $87K | 10x | 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 | −0.176% | $519K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0020% | 1h | 357.21 | −0.083% | $144K | $47K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.43 | −0.022% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.109% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.18 | −0.092% | $207K | $278K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.55 | +0.011% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0047% | 1h | 357.34 | −0.048% | $1.3M | $4.2M | 10x | as long as short |
| Aster GOOGLUSDT | +0.0047% | 8h | 357.53 | +0.006% | $366K | $426K | 20x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.19 | −0.090% | $98.3M | $21.8M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.16 | −0.098% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.22 | −0.081% | $159 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.19 | −0.090% | $2.3M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERPshort | +0.0058% | 8h | 357.40 | −0.032% | $293 | $253 | 5x | |
| Extended GOOGL-USD | +0.0064% | 1h | 357.32 | −0.054% | $422K | $1.2M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0067% | 8h | 357.41 | −0.027% | $72.1M | $143.7M | 50x | as long as short |
| Hotstuff GOOGL-PERP | +0.0072% | 1h | 357.21 | −0.084% | $33K | — | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.21 | −0.084% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.89 | −0.173% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.26 | −0.070% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.24 | −0.076% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.32 | −0.054% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0112% | 1h | 357.45 | −0.017% | $2.0M | $1.3M | 20x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 357.25 | −0.073% | $137K | $36K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0188% | 8h | 357.49 | −0.006% | $688K | $236K | 20x | as long as short |
| Bybit GOOGLUSDTlong | +0.0199% | 8h | 357.51 | long leg | $12.0M | $7.5M | 100x | |
| edgeX GOOGLUSDC | +0.0494% | 4h | 357.41 | −0.027% | $208K | $1.2M | 10x | as long as short |
Bybit GOOGLUSDT
Paradex GOOGL-USD-PERP
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Aster GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Extended GOOGL-USD
Binance GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Phoenix GOOGL
BloFin GOOGL-USDT
edgeX GOOGLUSDC