Funding you earn now, next payment 08:00 UTC−0.0108%/8h= −11.9% APRnext payment −$1.08 per $10,000 · paid last 24h −0.066%
Price spread now: SunX against OKX+0.008%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1131.128% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.008%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GOOGL-USDT-SWAP | 357.72 | 0.0108 | pay 0.0108% / 8h | 5h 24m | $13.8M | $12.4M | 50x |
| Short | SunX GOOGL-USDT | 357.75 | 0 | get 0.0000% / 8h | 5h 24m | $1K | $4.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$22.75
- Price spread: +0.008% → −0.004%
- $1.27
- Slippage, 4 orders
- −$94.76
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$134.25
- Costs to cover
- 1.128%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; SunX: 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, 4 min ago | 0.14 bp | 7.3 bp −$7 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 44.87 bp | 49.3 bp −$49 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0064% | 1h | 357.46 | −0.073% | $524K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0050% | 1h | 357.55 | −0.047% | $558K | $81K | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | −0.0030% | 1h | 357.35 | −0.103% | $23K | $154K | 10x | as long as short |
| Hotstuff GOOGL-PERP | 0.0000% | 1h | 357.51 | −0.059% | $33K | — | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.59 | −0.036% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.66 | −0.016% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.74 | +0.006% | $23K | $437K | 10x | as long as short |
| SunX GOOGL-USDTshort | 0.0000% | 8h | 357.75 | +0.008% | $1K | $4.1M | 20x | |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.84 | +0.034% | $115K | $223K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.75 | +0.008% | $2.7M | $78K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps GOOGLUSD | +0.0004% | 1h | 357.58 | −0.040% | $144K | $50K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0017% | 8h | 357.61 | −0.031% | $366K | $458K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0021% | 8h | 357.81 | +0.025% | $11.8M | $7.5M | 100x | as long as short |
| QFEX GOOGL-USD | +0.0028% | 1h | 357.66 | −0.017% | $1.3M | $4.3M | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.67 | −0.014% | $1.3M | $2.3M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.168% | $128K | $45K | 30x | as long as short |
| Binance GOOGLUSDT | +0.0037% | 8h | 357.74 | +0.006% | $72.9M | $141.2M | 50x | as long as short |
| Extended GOOGL-USD | +0.0040% | 1h | 357.65 | −0.020% | $426K | $1.8M | 20x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.46 | −0.073% | $207K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.78 | +0.017% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.46 | −0.073% | $99.1M | $21.4M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.46 | −0.073% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.50 | −0.062% | $137 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.44 | −0.078% | $2.2M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0052% | 8h | 357.68 | −0.012% | $293 | $253 | 5x | as long as short |
| Bitget GOOGLUSDT | +0.0073% | 8h | 357.76 | +0.011% | $17.0M | $9.3M | 100x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.49 | −0.064% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.50 | −0.062% | $3.0M | $65K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.55 | −0.048% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.53 | −0.053% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.56 | −0.045% | $25K | — | 10x | as long as short |
| OKX GOOGL-USDT-SWAPlong | +0.0108% | 8h | 357.72 | long leg | $13.8M | $12.4M | 50x | |
| Phoenix GOOGL | +0.0112% | 1h | 357.71 | −0.003% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0120% | 1h | 357.70 | −0.006% | $2.1M | $1.2M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0151% | 8h | 357.69 | −0.008% | $697K | $234K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0632% | 4h | 357.66 | −0.016% | $209K | $1.2M | 10x | as long as short |
OKX GOOGL-USDT-SWAP
SunX GOOGL-USDT
Coinbase International GOOGL-PERP-INTX
Deribit GOOGL_USDC-PERPETUAL
Gate GOOGL_USDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Aster GOOGLUSDT
Bybit GOOGLUSDT
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Binance GOOGLUSDT
Extended GOOGL-USD
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Bitget GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Lighter GOOGL
BloFin GOOGL-USDT
edgeX GOOGLUSDC