Funding you earn now, next payment 05:00 UTC+0.0016%/8h= +1.7% APRpaid last 24h −0.023%
Price spread now: Coinbase International against Variational Omni−0.186%58s7-day average −0.119% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.186%, 7d avg −0.119%
=Together, before fees+0.168%+ Points / potential airdropVariational Omni: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.068% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.186% now, against its 7-day average of −0.119%). If the spread goes back, that is −$7 on $10k: about 14 days of funding at the current rate ($0 a day). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni GOOGL | 357.24 | 0.0000 | pay 0.0000% / 8h | 2h 24m | $4.8M | $2.4M | — |
| Short | Coinbase International GOOGL-PERP-INTX | 356.57 | 0.0016 | get 0.0002% / 1h | 24m 25s | $519K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. 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
- $3.3
- Price spread: −0.186% → −0.119%
- −$6.78
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$13.48
- Costs to cover
- 0.100%
- Break-even
- 35.6 days
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Coinbase International: live order book, 4 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 Variational Omni RFQ quote, 5 min ago | 2.62 bp | doesn't fit | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 2.10 bp | 7.4 bp −$7 | 10.4 bp −$104 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERP | −0.0008% | 1h | 357.15 | −0.023% | $557K | $86K | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.18 | −0.016% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.33 | +0.026% | $17.3M | $9.9M | 100x | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.06 | −0.049% | $23K | $444K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.35 | +0.032% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.09 | −0.041% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.45 | +0.060% | $115K | $214K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.36 | +0.035% | $2.7M | $87K | 10x | as long as short |
| Variational Omni GOOGLlong | 0.0000% | 8h | 357.24 | long leg | $4.8M | $2.4M | — | |
| OKX GOOGL-USDT-SWAP | +0.0012% | 8h | 357.28 | +0.012% | $13.7M | $12.9M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTXshort | +0.0016% | 1h | 356.57 | −0.186% | $519K | $1.1M | 10x | |
| Aftermath Perps GOOGLUSD | +0.0021% | 1h | 356.97 | −0.075% | $144K | $47K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.30 | +0.018% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.032% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.93 | −0.086% | $207K | $278K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.38 | +0.040% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0047% | 1h | 357.23 | −0.002% | $1.3M | $4.3M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.08 | −0.044% | $98.2M | $21.8M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.04 | −0.055% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.08 | −0.044% | $160 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.90 | −0.094% | $2.3M | $4.8M | 15x | as long as short |
| Aster GOOGLUSDT | +0.0057% | 8h | 357.44 | +0.058% | $366K | $426K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0061% | 8h | 357.27 | +0.009% | $293 | $253 | 5x | as long as short |
| Binance GOOGLUSDT | +0.0077% | 8h | 357.33 | +0.026% | $72.1M | $143.8M | 50x | as long as short |
| Extended GOOGL-USD | +0.0080% | 1h | 357.23 | −0.002% | $424K | $1.2M | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.25 | +0.005% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.05 | −0.052% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.03 | −0.058% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.12 | −0.032% | $10K | $11K | 20x | as long as short |
| Lighter GOOGL | +0.0104% | 1h | 357.30 | +0.018% | $2.0M | $1.3M | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.16 | −0.021% | $25K | — | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0128% | 1h | 357.12 | −0.032% | $33K | — | 20x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 357.07 | −0.046% | $137K | $36K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0198% | 8h | 357.32 | +0.023% | $687K | $236K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0210% | 8h | 357.41 | +0.049% | $12.0M | $7.6M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0623% | 4h | 357.09 | −0.041% | $208K | $1.2M | 10x | as long as short |
Variational Omni GOOGL
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Bitget GOOGLUSDT
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
OKX GOOGL-USDT-SWAP
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Aster GOOGLUSDT
Paradex GOOGL-USD-PERP
Binance GOOGLUSDT
Extended GOOGL-USD
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Phoenix GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC