Funding you earn now, next payment 10:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: QFEX against Polymarket Perps+0.014%7-day average +0.061% · 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−$32as in the Price arb table
costs, in and out, $10k−$270.272% of the position
Funding, last 4 days (all we have)−0.032%−$3 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now +0.014%, 7d avg +0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.048% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps GOOG-USD | 358.90 | 0.0050 | pay 0.0006% / 1h | 3m 48s | $687K | $413K | 10x |
| Short | QFEX GOOGL-USD | 358.95 | 0.0048 | get 0.0006% / 1h | 3m 48s | $1.3M | $4.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Polymarket Perps. 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
- −$0.34
- Price spread: +0.014% → +0.061%
- −$4.76
- Slippage, 4 orders
- −$9.2
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$32.3
- Costs to cover
- 0.272%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 47 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 Polymarket Perps live order book, 47 min ago | 2.79 bp | 6.8 bp −$7 | 9.4 bp −$94 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.81 bp | 6.8 bp −$7 | 7.0 bp −$70 | 10.6 bp −$1,058 | doesn't fit |
GOOGL on 36 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOOGL-PERP | −0.1600% | 1h | 358.41 | −0.137% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0056% | 1h | 358.76 | −0.039% | $516K | $1.1M | 10x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 358.92 | +0.006% | $11.5M | $7.6M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 358.90 | 0.000% | $13.5M | $13.5M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 358.77 | −0.036% | $3.7M | $6.8M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 358.99 | +0.025% | $17.5M | $9.4M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 359.02 | +0.033% | $980 | $3.7M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 358.81 | −0.025% | $25K | $148K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 359.13 | +0.064% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 359.16 | +0.072% | $2.7M | $109K | 10x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GOOGL | +0.0014% | 8h | 359.10 | +0.056% | $5.0M | $2.3M | — | as long as short |
| Aftermath Perps GOOGLUSD | +0.0028% | 1h | 358.90 | +0.001% | $145K | $43K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 358.92 | +0.006% | $1.3M | $1.9M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.496% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 359.22 | +0.089% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USDshort | +0.0048% | 1h | 358.95 | +0.014% | $1.3M | $4.1M | 10x | |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 358.72 | −0.050% | $98.2M | $21.7M | 20x | as long as short |
| Polymarket Perps GOOG-USDlong | +0.0050% | 1h | 358.90 | long leg | $687K | $413K | 10x | |
| SoDEX GOOGL-USD | +0.0050% | 1h | 358.81 | −0.025% | $109 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 358.77 | −0.036% | $2.3M | $3.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0061% | 8h | 358.98 | +0.021% | $294 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0065% | 8h | 358.96 | +0.018% | $368K | $420K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0069% | 1h | 358.90 | −0.001% | $553K | $81K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0081% | 1h | 358.84 | −0.017% | $211K | $279K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0086% | 8h | 358.95 | +0.014% | $73.0M | $142.8M | 50x | as long as short |
| Extended GOOGL-USD | +0.0088% | 1h | 358.85 | −0.013% | $426K | $2.4M | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 358.99 | +0.025% | $42K | $20K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 358.73 | −0.047% | $3.0M | $234K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 359.03 | +0.036% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 358.91 | +0.003% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 358.89 | −0.002% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 358.97 | +0.020% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0176% | 1h | 358.92 | +0.006% | $2.0M | $2.2M | 20x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0203% | 8h | 359.30 | +0.111% | $23K | $447K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0208% | 8h | 359.02 | +0.033% | $690K | $241K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0701% | 4h | 359.15 | +0.071% | $210K | $1.2M | 10x | as long as short |
Polymarket Perps GOOG-USD
Coinbase International GOOGL-PERP-INTX
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Variational Omni GOOGL
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
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
GRVT GOOGL_USDT_Perp
BloFin GOOGL-USDT
edgeX GOOGLUSDC