Funding you earn now, next payment 08:00 UTC+0.0137%/8h= +15.0% APRnext payment +$1.37 per $10,000 · paid last 24h +0.033%
Price spread now: BloFin against Bybit−0.008%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$300.302% of the position
Funding, last 7 days+0.232%+$23 on $10k
+Price spread, last 3 days (all we have)+0.020%+$2 · spread now −0.008%, 7d avg −0.011%
=The price spread sits at its 7-day average of −0.011%, 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 | Bybit GOOGLUSDT | 356.34 | 0.0096 | pay 0.0096% / 8h | 7h 22m | $11.5M | $7.7M | 100x |
| Short | BloFin GOOGL-USDT | 356.31 | 0.0233 | get 0.0233% / 8h | 7h 22m | $690K | $234K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $28.75
- Price spread: −0.008% → −0.011%
- $0.22
- Slippage, 4 orders
- −$7.22
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$1.25
- Costs to cover
- 0.302%
- Break-even
- 7.3 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 49 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, 5 min ago | 0.28 bp | 8.8 bp −$9 | 15.8 bp −$158 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 49 min ago | 0.14 bp | 6.7 bp −$7 | 8.4 bp −$84 | 14.6 bp −$1,461 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOOGL-PERP | −0.0032% | 1h | 356.16 | −0.051% | $33K | — | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.27 | −0.020% | $3.6M | $7.5M | 100x | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.53 | +0.053% | $23K | $452K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.26 | −0.022% | $1K | $4.2M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.07 | −0.076% | $23K | $153K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.43 | +0.025% | $114K | $226K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.65 | +0.087% | $2.7M | $66K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0014% | 1h | 356.16 | −0.049% | $144K | $52K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.31 | −0.008% | $1.4M | $2.3M | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0032% | 1h | 355.85 | −0.138% | $528K | $1.1M | 10x | 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 | +0.219% | $128K | $45K | 30x | as long as short |
| Lighter GOOGL | +0.0040% | 1h | 356.21 | −0.036% | $2.1M | $1.1M | 20x | as long as short |
| Nado GOOGL-PERP | +0.0046% | 1h | 356.05 | −0.081% | $556K | $80K | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.30 | −0.011% | — | $5K | 25x | as long as short |
| Variational Omni GOOGL | +0.0049% | 8h | 356.48 | +0.038% | $4.8M | $2.3M | — | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.11 | −0.065% | $98.2M | $22.2M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.06 | −0.079% | $683K | $441K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.11 | −0.065% | $177 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.15 | −0.053% | $2.2M | $4.8M | 15x | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 356.19 | −0.042% | $1.3M | $4.7M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0076% | 8h | 356.26 | −0.023% | $292 | $253 | 5x | as long as short |
| Bitget GOOGLUSDT | +0.0076% | 8h | 356.42 | +0.022% | $17.0M | $9.2M | 100x | as long as short |
| Aster GOOGLUSDT | +0.0090% | 8h | 356.42 | +0.022% | $364K | $458K | 20x | as long as short |
| Bybit GOOGLUSDTlong | +0.0096% | 8h | 356.34 | long leg | $11.5M | $7.7M | 100x | |
| Pacifica GOOGL | +0.0100% | 1h | 356.04 | −0.085% | $42K | $43K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 355.91 | −0.121% | $3.0M | $64K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.30 | −0.011% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.11 | −0.065% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.14 | −0.057% | $25K | — | 10x | as long as short |
| Binance GOOGLUSDT | +0.0111% | 8h | 356.24 | −0.028% | $72.8M | $142.0M | 50x | as long as short |
| Extended GOOGL-USD | +0.0112% | 1h | 356.17 | −0.048% | $421K | $1.8M | 20x | as long as short |
| Phoenix GOOGL | +0.0157% | 1h | 356.41 | +0.020% | $137K | $48K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0191% | 8h | 356.41 | +0.020% | $13.8M | $12.7M | 50x | as long as short |
| BloFin GOOGL-USDTshort | +0.0233% | 8h | 356.31 | −0.008% | $690K | $234K | 20x | |
| Arcus GOOGL-USD | +0.0306% | 1h | 356.24 | −0.028% | $202K | $271K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0538% | 4h | 356.48 | +0.039% | $209K | $1.2M | 10x | as long as short |
Bybit GOOGLUSDT
BloFin GOOGL-USDT
Gate GOOGL_USDT
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Coinbase International GOOGL-PERP-INTX
Injective GOOGL/USDC PERP
Lighter GOOGL
Variational Omni GOOGL
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Bitget GOOGLUSDT
Aster GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
edgeX GOOGLUSDC