Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h +0.008%
Price spread now: Nado against tradeXYZ+0.004%7-day average +0.052% · 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−$48as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 3 days (all we have)−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.004%, 7d avg +0.052%
=Together, before fees−0.035%+ Points / potential airdroptradeXYZ: Active · Nado: Active · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.048% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.004% now, against its 7-day average of +0.052%). If the spread goes back, that is −$5 on $10k: about 4.8 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:GOOGL | 357.72 | 0.0050 | pay 0.0006% / 1h | 59m 35s | $99.1M | $21.1M | 20x |
| Short | Nado GOOGL-PERP | 357.74 | 0.0084 | get 0.0010% / 1h | 59m 35s | $558K | $80K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against tradeXYZ. 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
- $7.08
- Price spread: +0.004% → +0.052%
- −$4.8
- Slippage, 4 orders
- −$18.27
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$40.99
- Costs to cover
- 0.433%
- Break-even
- 47.5 days
Slippage from tradeXYZ: live order book, 10 min ago; Nado: live order book, 64 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 tradeXYZ live order book, 10 min ago | 0.14 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 64 min ago | 0.14 bp | 14.2 bp −$14 | 22.6 bp −$226 | 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 |
| Hotstuff GOOGL-PERP | −0.0016% | 1h | 357.72 | 0.000% | $33K | — | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.87 | +0.042% | $3.6M | $7.3M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.90 | +0.051% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.95 | +0.064% | $23K | $436K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.99 | +0.075% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.70 | −0.006% | $24K | $155K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 358.00 | +0.078% | $115K | $221K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.98 | +0.073% | $2.7M | $81K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0006% | 1h | 357.62 | −0.028% | $144K | $49K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX GOOGL-USD | +0.0028% | 1h | 357.89 | +0.048% | $1.3M | $4.3M | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 358.00 | +0.078% | $1.3M | $2.3M | 20x | as long as short |
| Aster GOOGLUSDT | +0.0032% | 8h | 357.75 | +0.009% | $366K | $457K | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.168% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.66 | −0.017% | $208K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.91 | +0.053% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGLlong | +0.0050% | 1h | 357.72 | long leg | $99.1M | $21.1M | 20x | |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.70 | −0.006% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.73 | +0.003% | $155 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.66 | −0.017% | $2.3M | $4.9M | 15x | as long as short |
| Binance GOOGLUSDT | +0.0053% | 8h | 357.98 | +0.073% | $73.1M | $141.4M | 50x | as long as short |
| Extended GOOGL-USD | +0.0056% | 1h | 357.92 | +0.056% | $426K | $1.8M | 20x | as long as short |
| Bitget GOOGLUSDT | +0.0059% | 8h | 358.00 | +0.078% | $17.4M | $9.6M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0073% | 4h | 357.91 | +0.052% | $209K | $1.2M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0080% | 8h | 357.92 | +0.057% | $293 | $253 | 5x | as long as short |
| Nado GOOGL-PERPshort | +0.0084% | 1h | 357.74 | +0.004% | $558K | $80K | 20x | |
| Pacifica GOOGL | +0.0100% | 1h | 357.96 | +0.066% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.47 | −0.070% | $3.0M | $73K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.68 | −0.011% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.79 | +0.020% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.81 | +0.025% | $25K | — | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0108% | 8h | 357.96 | +0.067% | $13.8M | $12.4M | 50x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.84 | +0.034% | $138K | $36K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0122% | 8h | 358.12 | +0.112% | $12.0M | $7.6M | 100x | as long as short |
| BloFin GOOGL-USDT | +0.0170% | 8h | 357.94 | +0.062% | $697K | $234K | 20x | as long as short |
| Lighter GOOGL | +0.0184% | 1h | 358.05 | +0.092% | $2.1M | $1.2M | 20x | as long as short |
tradeXYZ xyz:GOOGL
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Aster GOOGLUSDT
Injective GOOGL/USDC PERP
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Binance GOOGLUSDT
Extended GOOGL-USD
Bitget GOOGLUSDT
edgeX GOOGLUSDC
Paradex GOOGL-USD-PERP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
OKX GOOGL-USDT-SWAP
Phoenix GOOGL
Bybit GOOGLUSDT
BloFin GOOGL-USDT
Lighter GOOGL