Funding you earn now, next payment 08:00 UTC+0.0122%/8h= +13.4% APRnext payment +$1.22 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against Binance+0.023%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$270.266% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now +0.023%, 7d avg +0.006%
=The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GOOGLUSDT | 357.72 | 0.0091 | pay 0.0091% / 8h | 4h 13m | $73.0M | $141.2M | 50x |
| Short | Bybit GOOGLUSDT | 357.80 | 0.0213 | get 0.0213% / 8h | 4h 13m | $12.0M | $7.5M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $25.7
- Price spread: +0.023% → +0.006%
- $1.74
- Slippage, 4 orders
- −$5.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $0.86
- Costs to cover
- 0.266%
- Break-even
- 6.8 days
Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 5 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 Binance live order book, 15 min ago | 0.14 bp | 5.4 bp −$5 | 7.4 bp −$74 | 21.5 bp −$2,153 | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.28 bp | 8.4 bp −$8 | 10.6 bp −$106 | 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 | −0.0048% | 1h | 357.54 | −0.050% | $526K | $1.1M | 10x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.62 | −0.027% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.78 | +0.017% | $17.5M | $9.6M | 100x | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.76 | +0.012% | $23K | $432K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.77 | +0.015% | $937 | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.48 | −0.067% | $24K | $155K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.91 | +0.054% | $115K | $221K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.80 | +0.023% | $2.7M | $86K | 10x | as long as short |
| Variational Omni GOOGL | +0.0006% | 8h | 357.73 | +0.004% | $4.8M | $2.3M | — | as long as short |
| Aftermath Perps GOOGLUSD | +0.0020% | 1h | 357.63 | −0.025% | $144K | $48K | 10x | 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 | 357.75 | +0.009% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.167% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.46 | −0.072% | $207K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.68 | −0.011% | — | $5K | 25x | as long as short |
| Hotstuff GOOGL-PERP | +0.0048% | 1h | 357.54 | −0.050% | $33K | — | 20x | as long as short |
| QFEX GOOGL-USD | +0.0050% | 1h | 357.66 | −0.016% | $1.3M | $4.2M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.48 | −0.067% | $99.1M | $20.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.46 | −0.072% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.53 | −0.053% | $149 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.38 | −0.094% | $2.3M | $4.9M | 15x | as long as short |
| Aster GOOGLUSDT | +0.0071% | 8h | 357.90 | +0.051% | $366K | $426K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0078% | 1h | 357.47 | −0.070% | $558K | $81K | 20x | as long as short |
| Extended GOOGL-USD | +0.0088% | 1h | 357.64 | −0.021% | $423K | $1.8M | 20x | as long as short |
| Binance GOOGLUSDTlong | +0.0091% | 8h | 357.72 | long leg | $73.0M | $141.2M | 50x | |
| Pacifica GOOGL | +0.0100% | 1h | 357.43 | −0.080% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.26 | −0.128% | $3.0M | $91K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.48 | −0.067% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.44 | −0.078% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.60 | −0.034% | $25K | — | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0106% | 8h | 357.63 | −0.024% | $293 | $253 | 5x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0112% | 8h | 357.73 | +0.003% | $13.8M | $12.4M | 50x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.60 | −0.033% | $138K | $36K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0210% | 8h | 357.79 | +0.020% | $696K | $234K | 20x | as long as short |
| Bybit GOOGLUSDTshort | +0.0213% | 8h | 357.80 | +0.023% | $12.0M | $7.5M | 100x | |
| Lighter GOOGL | +0.0272% | 1h | 357.75 | +0.009% | $2.0M | $1.3M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0650% | 4h | 357.72 | −0.001% | $209K | $1.2M | 10x | as long as short |
Binance GOOGLUSDT
Bybit GOOGLUSDT
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
Variational Omni GOOGL
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Aster GOOGLUSDT
Extended GOOGL-USD
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Paradex GOOGL-USD-PERP
OKX GOOGL-USDT-SWAP
Phoenix GOOGL
BloFin GOOGL-USDT
Lighter GOOGL
edgeX GOOGLUSDC