Funding you earn now, next payment 08:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.45 per $10,000 · paid last 24h −0.038%
Price spread now: Bitget against OKX+0.034%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days−0.007%−$1 · spread now +0.034%, 7d avg 0.000%
=The price spread pays, funding is against you. Bitget is 0.034% dearer against OKX than usual: you sell high and buy low (spread +0.034% now, against its 7-day average of 0.000%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.5 days. At the pace of the last 7 days (−0.014% in total) that is about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GOOGL-USDT-SWAP | 357.15 | 0.0045 | pay 0.0045% / 8h | 2h 44m | $13.7M | $12.6M | 50x |
| Short | Bitget GOOGLUSDT | 357.27 | 0 | get 0.0000% / 8h | 2h 44m | $17.4M | $9.7M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- −$9.4
- Price spread: +0.034% → 0.000%
- $3.41
- Slippage, 4 orders
- −$6.73
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.73
- Costs to cover
- 0.287%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: 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 OKX live order book, 3 min ago | 0.42 bp | 7.1 bp −$7 | 11.4 bp −$114 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.42 bp | 7.8 bp −$8 | 11.6 bp −$116 | 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 | 357.15 | 0.000% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDTshort | 0.0000% | 8h | 357.27 | +0.034% | $17.4M | $9.7M | 100x | |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.23 | +0.022% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.93 | −0.062% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.35 | +0.056% | $115K | $215K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.40 | +0.070% | $2.7M | $87K | 10x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0010% | 8h | 357.26 | +0.031% | $23K | $448K | 10x | as long as short |
| Variational Omni GOOGL | +0.0015% | 8h | 357.17 | +0.006% | $4.8M | $2.4M | — | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 357.19 | +0.011% | $521K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0024% | 1h | 357.16 | +0.001% | $144K | $47K | 10x | 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 | 357.21 | +0.017% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.008% | $128K | $45K | 30x | as long as short |
| Nado GOOGL-PERP | +0.0035% | 1h | 356.99 | −0.044% | $557K | $86K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.01 | −0.039% | $207K | $278K | 10x | as long as short |
| OKX GOOGL-USDT-SWAPlong | +0.0045% | 8h | 357.15 | long leg | $13.7M | $12.6M | 50x | |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.24 | +0.025% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0047% | 1h | 357.16 | +0.003% | $1.3M | $4.3M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.03 | −0.034% | $99.1M | $20.7M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.04 | −0.031% | $685K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.03 | −0.034% | $149 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.93 | −0.062% | $2.3M | $4.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0067% | 8h | 357.14 | −0.004% | $293 | $253 | 5x | as long as short |
| Hotstuff GOOGL-PERP | +0.0072% | 1h | 357.04 | −0.031% | $33K | — | 20x | as long as short |
| Aster GOOGLUSDT | +0.0073% | 8h | 357.40 | +0.070% | $366K | $426K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0093% | 8h | 357.24 | +0.025% | $72.3M | $143.1M | 50x | as long as short |
| Extended GOOGL-USD | +0.0096% | 1h | 357.11 | −0.010% | $424K | $1.2M | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.02 | −0.037% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.01 | −0.039% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.01 | −0.039% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.13 | −0.006% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.09 | −0.016% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 357.02 | −0.036% | $137K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0152% | 1h | 357.21 | +0.017% | $2.0M | $1.3M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0213% | 8h | 357.29 | +0.039% | $692K | $235K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0228% | 8h | 357.33 | +0.050% | $12.0M | $7.5M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0830% | 4h | 357.24 | +0.024% | $208K | $1.2M | 10x | as long as short |
OKX GOOGL-USDT-SWAP
Bitget GOOGLUSDT
Gate GOOGL_USDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
GRVT GOOGL_USDT_Perp
Variational Omni GOOGL
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Lighter GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC