Funding you earn now, next payment 16:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.49 per $10,000 · paid last 24h −0.033%
Price spread now: SunX against Binance+0.039%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1091.095% of the position
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.039%, 7d avg +0.001%
=The price spread pays, funding is against you. SunX is 0.038% dearer against Binance than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of +0.001%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GOOGLUSDT | 357.60 | 0.0049 | pay 0.0049% / 8h | 4h 58m | $73.0M | $146.0M | 50x |
| Short | SunX GOOGL-USDT | 357.74 | 0 | get 0.0000% / 8h | 4h 58m | $1K | $3.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$10.32
- Price spread: +0.039% → +0.001%
- $3.81
- Slippage, 4 orders
- −$91.46
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$115.97
- Costs to cover
- 1.095%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; SunX: 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 Binance live order book, 8 min ago | 0.14 bp | 5.6 bp −$6 | 7.7 bp −$77 | 22.9 bp −$2,291 | doesn't fit |
| Sell SunX live order book, 3 min ago | 44.86 bp | 49.3 bp −$49 | doesn't fit | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0016% | 1h | 357.33 | −0.076% | $530K | $1.2M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0001% | 1h | 357.46 | −0.040% | $553K | $84K | 20x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 357.58 | −0.006% | $11.6M | $7.8M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.65 | +0.014% | $13.5M | $13.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.52 | −0.022% | $3.7M | $6.2M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.62 | +0.006% | $17.4M | $9.9M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.72 | +0.034% | $5.0M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.77 | +0.048% | $12K | $467K | 10x | as long as short |
| SunX GOOGL-USDTshort | 0.0000% | 8h | 357.74 | +0.039% | $1K | $3.7M | 20x | |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.84 | +0.067% | $115K | $212K | 30x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.74 | +0.039% | $2.7M | $116K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0032% | 8h | 357.58 | −0.006% | $367K | $420K | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0032% | 1h | 357.66 | +0.016% | $144K | $42K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.59 | −0.003% | $1.4M | $1.9M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.134% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.71 | +0.031% | — | $5K | 25x | as long as short |
| Extended GOOGL-USD | +0.0048% | 1h | 357.47 | −0.035% | $426K | $2.8M | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0048% | 1h | 357.45 | −0.042% | $33K | — | 20x | as long as short |
| Binance GOOGLUSDTlong | +0.0049% | 8h | 357.60 | long leg | $73.0M | $146.0M | 50x | |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.30 | −0.084% | $98.0M | $21.6M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.56 | −0.011% | $684K | $440K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.48 | −0.034% | $107 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.33 | −0.076% | $2.3M | $4.0M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0060% | 1h | 357.40 | −0.056% | $1.2M | $4.1M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0060% | 8h | 357.45 | −0.041% | $293 | $253 | 5x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0086% | 1h | 357.49 | −0.031% | $29K | $151K | 10x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.27 | −0.094% | $42K | $20K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.32 | −0.078% | $3.0M | $312K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.56 | −0.011% | $36K | $17K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.50 | −0.028% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.45 | −0.042% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 357.62 | +0.006% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0168% | 1h | 357.53 | −0.020% | $2.0M | $2.1M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0169% | 8h | 357.86 | +0.073% | $694K | $231K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0303% | 1h | 357.36 | −0.067% | $212K | $222K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0657% | 4h | 357.72 | +0.034% | $208K | $1.2M | 10x | as long as short |
Binance GOOGLUSDT
SunX GOOGL-USDT
Coinbase International GOOGL-PERP-INTX
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aster GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Extended GOOGL-USD
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Deribit GOOGL_USDC-PERPETUAL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Lighter GOOGL
BloFin GOOGL-USDT
edgeX GOOGLUSDC