Funding you earn now, next payment 05:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h 0.000%
Price spread now: Polymarket Perps against QFEX−0.042%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$260.262% of the position
Funding, last 4 days (all we have)+0.031%+$3 on $10k
+Price spread, last 7 days−0.023%−$2 · spread now −0.042%, 7d avg −0.062%
=The price spread sits at its 7-day average of −0.062%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX GOOGL-USD | 357.52 | 0.0064 | pay 0.0008% / 1h | 3m 53s | $1.3M | $4.2M | 10x |
| Short | Polymarket Perps GOOG-USD | 357.37 | 0.0050 | get 0.0006% / 1h | 3m 53s | $685K | $429K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against QFEX. 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
- −$2.86
- Price spread: −0.042% → −0.062%
- $1.99
- Slippage, 4 orders
- −$8.23
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$27.09
- Costs to cover
- 0.262%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; Polymarket Perps: live order book, 49 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 QFEX live order book, 5 min ago | 1.54 bp | 6.5 bp −$7 | 6.5 bp −$65 | 12.2 bp −$1,220 | doesn't fit |
| Sell Polymarket Perps live order book, 49 min ago | 1.68 bp | 5.7 bp −$6 | 6.6 bp −$66 | 8.0 bp −$801 | 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 | 357.50 | −0.006% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.64 | +0.034% | $17.5M | $9.7M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.62 | +0.028% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.38 | −0.039% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.76 | +0.067% | $115K | $216K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.68 | +0.045% | $2.7M | $87K | 10x | as long as short |
| Nado GOOGL-PERP | +0.0007% | 1h | 357.43 | −0.024% | $558K | $86K | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 357.67 | +0.042% | $522K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0022% | 1h | 357.50 | −0.006% | $144K | $47K | 10x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0026% | 8h | 357.63 | +0.031% | $24K | $442K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GOOGL | +0.0029% | 8h | 357.57 | +0.015% | $4.8M | $2.4M | — | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.59 | +0.020% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.112% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.36 | −0.045% | $207K | $279K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.66 | +0.039% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.41 | −0.031% | $99.2M | $20.7M | 20x | as long as short |
| Polymarket Perps GOOG-USDshort | +0.0050% | 1h | 357.37 | −0.042% | $685K | $429K | 10x | |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.40 | −0.034% | $155 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.18 | −0.095% | $2.3M | $4.9M | 15x | as long as short |
| QFEX GOOGL-USDlong | +0.0064% | 1h | 357.52 | long leg | $1.3M | $4.2M | 10x | |
| Paradex GOOGL-USD-PERP | +0.0065% | 8h | 357.56 | +0.010% | $293 | $253 | 5x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0066% | 8h | 357.56 | +0.011% | $13.7M | $12.5M | 50x | as long as short |
| Aster GOOGLUSDT | +0.0082% | 8h | 357.53 | +0.003% | $366K | $426K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.42 | −0.029% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.48 | −0.011% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.44 | −0.022% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.49 | −0.008% | $10K | $11K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0102% | 8h | 357.62 | +0.029% | $72.4M | $142.9M | 50x | as long as short |
| Extended GOOGL-USD | +0.0104% | 1h | 357.53 | +0.002% | $419K | $1.2M | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0104% | 1h | 357.40 | −0.034% | $33K | — | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.48 | −0.010% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0179% | 1h | 357.50 | −0.006% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0192% | 1h | 357.62 | +0.028% | $2.0M | $1.3M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0223% | 8h | 357.67 | +0.042% | $693K | $235K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0239% | 8h | 357.72 | +0.056% | $12.0M | $7.5M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0954% | 4h | 357.60 | +0.021% | $208K | $1.2M | 10x | as long as short |
Polymarket Perps GOOG-USD
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
GRVT GOOGL_USDT_Perp
Variational Omni GOOGL
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
OKX GOOGL-USDT-SWAP
Aster GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
Phoenix GOOGL
Lighter GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC