Funding you earn now, next payment 05:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.005%
Price spread now: QFEX against Deribit+0.036%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$250.248% of the position
Funding, last 4 days (all we have)−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.036%, 7d avg +0.038%
=The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit GOOGL_USDC-PERPETUAL | 357.32 | 0 | get 0.0000% / 1h | 40m 40s | $24K | $155K | 10x |
| Short | QFEX GOOGL-USD | 357.45 | 0.0064 | get 0.0008% / 1h | 40m 40s | $1.3M | $4.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Deribit. 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
- $13.36
- Price spread: +0.036% → +0.038%
- −$0.13
- Slippage, 4 orders
- −$7.79
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$11.57
- Costs to cover
- 0.248%
- Break-even
- 13.1 days
Slippage from Deribit: live order book, 13 min ago; QFEX: live order book, 3 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 Deribit live order book, 13 min ago | 0.14 bp | 7.8 bp −$8 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.68 bp | 6.7 bp −$7 | 7.6 bp −$76 | 13.6 bp −$1,358 | 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 | 357.43 | +0.031% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.56 | +0.067% | $17.4M | $9.6M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.61 | +0.081% | $966 | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUALlong | 0.0000% | 1h | 357.32 | long leg | $24K | $155K | 10x | |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.68 | +0.101% | $115K | $220K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.55 | +0.064% | $2.7M | $85K | 10x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 357.11 | −0.059% | $522K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | +0.0026% | 1h | 357.43 | +0.031% | $558K | $80K | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0027% | 1h | 357.19 | −0.036% | $144K | $48K | 10x | as long as short |
| Variational Omni GOOGL | +0.0029% | 8h | 357.51 | +0.054% | $4.8M | $2.4M | — | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH GOOGL | +0.0032% | 1h | 357.54 | +0.062% | $1.3M | $2.1M | 20x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0032% | 8h | 357.44 | +0.034% | $23K | $436K | 10x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.056% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.21 | −0.031% | $207K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.64 | +0.090% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.34 | +0.006% | $99.1M | $20.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.32 | 0.000% | $685K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.34 | +0.006% | $142 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.17 | −0.042% | $2.3M | $4.9M | 15x | as long as short |
| QFEX GOOGL-USDshort | +0.0064% | 1h | 357.45 | +0.036% | $1.3M | $4.2M | 10x | |
| Aster GOOGLUSDT | +0.0089% | 8h | 357.78 | +0.128% | $366K | $426K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.49 | +0.048% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.15 | −0.048% | $3.0M | $91K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.26 | −0.017% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.43 | +0.031% | $10K | $11K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0103% | 8h | 357.50 | +0.050% | $13.8M | $12.4M | 50x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.38 | +0.017% | $25K | — | 10x | as long as short |
| Binance GOOGLUSDT | +0.0108% | 8h | 357.52 | +0.056% | $72.5M | $141.6M | 50x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0108% | 8h | 357.54 | +0.063% | $293 | $253 | 5x | as long as short |
| Extended GOOGL-USD | +0.0112% | 1h | 357.42 | +0.028% | $419K | $1.8M | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0168% | 1h | 357.41 | +0.025% | $33K | — | 20x | as long as short |
| Phoenix GOOGL | +0.0179% | 1h | 357.33 | +0.003% | $137K | $36K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0228% | 8h | 357.52 | +0.056% | $693K | $234K | 20x | as long as short |
| Lighter GOOGL | +0.0232% | 1h | 357.52 | +0.056% | $2.0M | $1.3M | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0240% | 8h | 357.62 | +0.084% | $12.0M | $7.5M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0523% | 4h | 357.44 | +0.034% | $208K | $1.2M | 10x | as long as short |
Deribit GOOGL_USDC-PERPETUAL
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Variational Omni GOOGL
Lighter RH GOOGL
GRVT GOOGL_USDT_Perp
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Aster GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
OKX GOOGL-USDT-SWAP
Binance GOOGLUSDT
Paradex GOOGL-USD-PERP
Extended GOOGL-USD
Phoenix GOOGL
BloFin GOOGL-USDT
Lighter GOOGL
Bybit GOOGLUSDT
edgeX GOOGLUSDC