Funding you earn now, next payment 16:00 UTC−0.0077%/8h= −8.5% APRnext payment −$0.77 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against Bybit−0.008%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$270.266% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now −0.008%, 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: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit GOOGLUSDT | 357.62 | 0.0100 | pay 0.0100% / 8h | 7h 37m | $11.5M | $7.6M | 100x |
| Short | Binance GOOGLUSDT | 357.59 | 0.0022 | get 0.0022% / 8h | 7h 37m | $72.3M | $141.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- −$16.21
- Price spread: −0.008% → −0.006%
- −$0.22
- Slippage, 4 orders
- −$5.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$43.07
- Costs to cover
- 0.266%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 6 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 Bybit live order book, 1 min ago | 0.42 bp | 8.0 bp −$8 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.14 bp | 5.3 bp −$5 | 7.6 bp −$76 | 25.7 bp −$2,570 | 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 | −0.0080% | 1h | 357.28 | −0.095% | $517K | $1.1M | 10x | as long as short |
| Aster GOOGLUSDT | 0.0000% | 8h | 357.75 | +0.036% | $366K | $422K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.60 | −0.006% | $13.5M | $12.9M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.42 | −0.056% | $3.6M | $7.1M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.68 | +0.017% | $17.3M | $9.6M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.24 | −0.107% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.57 | −0.014% | $23K | $431K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.55 | −0.020% | $1K | $3.9M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.40 | −0.062% | $24K | $148K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.73 | +0.031% | $115K | $209K | 30x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.55 | −0.020% | $2.7M | $91K | 10x | as long as short |
| Binance GOOGLUSDTshort | +0.0022% | 8h | 357.59 | −0.008% | $72.3M | $141.3M | 50x | |
| Extended GOOGL-USD | +0.0024% | 1h | 357.49 | −0.035% | $424K | $2.5M | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0030% | 1h | 357.49 | −0.037% | $144K | $44K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.51 | −0.031% | $1.4M | $1.9M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.140% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0039% | 1h | 357.44 | −0.050% | $1.3M | $4.1M | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0040% | 1h | 357.30 | −0.089% | $33K | — | 20x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.32 | −0.084% | $209K | $280K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.62 | 0.000% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.40 | −0.062% | $98.4M | $21.3M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.28 | −0.095% | $685K | $415K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.36 | −0.073% | $115 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.18 | −0.123% | $2.3M | $4.2M | 15x | as long as short |
| KuCoin GOOGLUSDTM | +0.0057% | 8h | 357.19 | −0.120% | $3.0M | $141K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0058% | 8h | 357.48 | −0.039% | $293 | $253 | 5x | as long as short |
| Nado GOOGL-PERP | +0.0061% | 1h | 357.37 | −0.069% | $550K | $88K | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 357.07 | −0.154% | $137K | $36K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0090% | 8h | 357.63 | +0.003% | $686K | $233K | 20x | as long as short |
| Bybit GOOGLUSDTlong | +0.0100% | 8h | 357.62 | long leg | $11.5M | $7.6M | 100x | |
| Pacifica GOOGL | +0.0100% | 1h | 357.28 | −0.094% | $42K | $26K | 10x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.21 | −0.115% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.46 | −0.045% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.41 | −0.059% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0216% | 1h | 357.58 | −0.011% | $2.0M | $1.3M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0385% | 4h | 357.49 | −0.035% | $209K | $1.2M | 10x | as long as short |
Bybit GOOGLUSDT
Binance GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aster GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Extended GOOGL-USD
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
KuCoin GOOGLUSDTM
Paradex GOOGL-USD-PERP
Phoenix GOOGL
BloFin GOOGL-USDT
Pacifica GOOGL
ApeX Omni GOOGLUSDT
Lighter GOOGL
edgeX GOOGLUSDC