Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +1.9% APRnext payment +$0.18 per $10,000 · paid last 24h −0.033%
Price spread now: Bybit against BloFin+0.028%82s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$290.288% of the position
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.028%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.233%, so the current rate has only just turned in your favour. The two prices were read 82 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 | BloFin GOOGL-USDT | 357.49 | 0.0228 | pay 0.0228% / 8h | 3h 43m | $693K | $234K | 20x |
| Short | Bybit GOOGLUSDT | 357.59 | 0.0246 | get 0.0246% / 8h | 3h 43m | $12.0M | $7.5M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $3.69
- Price spread: +0.028% → +0.010%
- $1.8
- Slippage, 4 orders
- −$5.77
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$23.28
- Costs to cover
- 0.288%
- Break-even
- 51.2 days
Slippage from BloFin: live order book, 53 min ago; Bybit: live order book, 4 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 BloFin live order book, 53 min ago | 0.14 bp | 6.4 bp −$6 | 7.3 bp −$73 | 15.3 bp −$1,527 | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.14 bp | 8.3 bp −$8 | 11.1 bp −$111 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit GOOGL_USDC-PERPETUAL | −0.0086% | 1h | 357.13 | −0.101% | $24K | $155K | 10x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.35 | −0.039% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.48 | −0.003% | $17.4M | $9.6M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.47 | −0.006% | $879 | $4.1M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.60 | +0.031% | $115K | $220K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.50 | +0.003% | $2.7M | $85K | 10x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 356.93 | −0.157% | $522K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0029% | 1h | 357.13 | −0.101% | $144K | $48K | 10x | as long as short |
| Variational Omni GOOGL | +0.0030% | 8h | 357.39 | −0.027% | $4.8M | $2.4M | — | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.50 | +0.003% | $1.3M | $2.1M | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.103% | $128K | $45K | 30x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0036% | 8h | 357.25 | −0.067% | $23K | $435K | 10x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.11 | −0.106% | $207K | $277K | 10x | as long as short |
| Nado GOOGL-PERP | +0.0041% | 1h | 357.30 | −0.054% | $557K | $80K | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.51 | +0.006% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.28 | −0.059% | $99.1M | $20.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.22 | −0.076% | $685K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.29 | −0.056% | $142 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.07 | −0.117% | $2.3M | $4.8M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 357.34 | −0.042% | $1.3M | $4.2M | 10x | as long as short |
| Aster GOOGLUSDT | +0.0088% | 8h | 357.57 | +0.021% | $366K | $426K | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0096% | 1h | 357.28 | −0.059% | $33K | — | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.43 | −0.017% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.15 | −0.095% | $3.0M | $91K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.19 | −0.084% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.30 | −0.053% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.29 | −0.056% | $25K | — | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0107% | 8h | 357.45 | −0.011% | $13.8M | $12.4M | 50x | as long as short |
| Binance GOOGLUSDT | +0.0108% | 8h | 357.49 | 0.000% | $72.5M | $141.4M | 50x | as long as short |
| Extended GOOGL-USD | +0.0112% | 1h | 357.39 | −0.028% | $422K | $1.8M | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0113% | 8h | 357.42 | −0.019% | $293 | $253 | 5x | as long as short |
| Phoenix GOOGL | +0.0179% | 1h | 357.20 | −0.081% | $137K | $36K | 20x | as long as short |
| BloFin GOOGL-USDTlong | +0.0228% | 8h | 357.49 | long leg | $693K | $234K | 20x | |
| Bybit GOOGLUSDTshort | +0.0246% | 8h | 357.59 | +0.028% | $12.0M | $7.5M | 100x | |
| Lighter GOOGL | +0.0264% | 1h | 357.48 | −0.003% | $2.0M | $1.3M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0629% | 4h | 357.18 | −0.088% | $208K | $1.2M | 10x | as long as short |
BloFin GOOGL-USDT
Bybit GOOGLUSDT
Deribit GOOGL_USDC-PERPETUAL
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Variational Omni GOOGL
Lighter RH GOOGL
Injective GOOGL/USDC PERP
GRVT GOOGL_USDT_Perp
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Aster GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
OKX GOOGL-USDT-SWAP
Binance GOOGLUSDT
Extended GOOGL-USD
Paradex GOOGL-USD-PERP
Phoenix GOOGL
Lighter GOOGL
edgeX GOOGLUSDC