Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against Orderly+0.084%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. HTX is 0.084% dearer against Orderly than usual: you sell high and buy low (spread +0.084% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GOOGL_USDC | 356.27 | 0.0100 | pay 0.0100% / 8h | 7h 00m | $10K | $10K | 20x |
| Short | HTX GOOGL-USDT | 356.57 | 0 | get 0.0000% / 8h | 7h 00m | $114K | $227K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Orderly. 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
- −$21
- Price spread: +0.084% → 0.000%
- $8.42
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$30.58
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 6 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 6 min ago | 2.81 bp | 8.8 bp −$9 | 17.9 bp −$179 | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit GOOGL_USDC-PERPETUAL | −0.0171% | 1h | 356.07 | −0.056% | $23K | $153K | 10x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.37 | +0.028% | $3.6M | $7.5M | 100x | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.47 | +0.057% | $23K | $455K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.41 | +0.039% | $1K | $4.1M | 20x | as long as short |
| HTX GOOGL-USDTshort | 0.0000% | 8h | 356.57 | +0.084% | $114K | $227K | 30x | |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.49 | +0.062% | $2.7M | $67K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0010% | 1h | 356.20 | −0.020% | $144K | $52K | 10x | as long as short |
| Bitget GOOGLUSDT | +0.0023% | 8h | 356.44 | +0.048% | $16.9M | $9.3M | 100x | as long as short |
| Variational Omni GOOGL | +0.0027% | 8h | 356.41 | +0.040% | $4.8M | $2.3M | — | as long as short |
| Lighter GOOGL | +0.0032% | 1h | 356.40 | +0.036% | $2.1M | $1.1M | 20x | 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 | 356.47 | +0.056% | $1.4M | $2.3M | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0032% | 1h | 356.22 | −0.014% | $528K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | +0.0033% | 1h | 356.31 | +0.012% | $556K | $80K | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.239% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.49 | +0.062% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.22 | −0.014% | $98.3M | $22.0M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.21 | −0.017% | $683K | $441K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.21 | −0.017% | $167 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.21 | −0.017% | $2.2M | $4.8M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 356.36 | +0.025% | $1.3M | $4.6M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0066% | 8h | 356.43 | +0.045% | $292 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0078% | 8h | 356.56 | +0.081% | $364K | $458K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0078% | 8h | 356.52 | +0.070% | $11.5M | $7.5M | 100x | as long as short |
| Extended GOOGL-USD | +0.0096% | 1h | 356.38 | +0.031% | $421K | $1.8M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0100% | 8h | 356.46 | +0.055% | $72.7M | $142.1M | 50x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.26 | −0.003% | $42K | $43K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.18 | −0.025% | $3.0M | $65K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.17 | −0.028% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDClong | +0.0100% | 8h | 356.27 | long leg | $10K | $10K | 20x | |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.31 | +0.010% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0157% | 1h | 356.30 | +0.008% | $137K | $48K | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0168% | 1h | 356.24 | −0.008% | $33K | — | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0180% | 8h | 356.45 | +0.051% | $13.8M | $12.7M | 50x | as long as short |
| BloFin GOOGL-USDT | +0.0220% | 8h | 356.45 | +0.051% | $647K | $234K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0306% | 1h | 356.24 | −0.008% | $202K | $271K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0952% | 4h | 356.41 | +0.040% | $209K | $1.2M | 10x | as long as short |
HTX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
Gate GOOGL_USDT
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Bitget GOOGLUSDT
Variational Omni GOOGL
Lighter GOOGL
Lighter RH GOOGL
Coinbase International GOOGL-PERP-INTX
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Bybit GOOGLUSDT
Extended GOOGL-USD
Binance GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT
edgeX GOOGLUSDC