Funding you earn now, next payment 11:00 UTC+0.0331%/8h= +36.3% APRpaid last 24h +0.183%
Price spread now: edgeX against Coinbase International+0.032%77s7-day average +0.117% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as 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−$330.331% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.032%, 7d avg +0.117%
=Together, before fees+0.073%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.085% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.032% now, against its 7-day average of +0.117%). If the spread goes back, that is −$9 on $10k: about 21 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.112% in total) that is about 5.3 days. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.112% in total (about 5.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International GOOGL-PERP-INTX | 357.07 | −0.0016 | get 0.0002% / 1h | 44m 01s | $529K | $1.2M | 10x |
| Short | edgeX GOOGLUSDC | 357.18 | 0.0315 | get 0.0158% / 4h | 44m 01s | $208K | $1.2M | 10x |
Coinbase International GOOGL-PERP-INTX
edgeX GOOGLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Coinbase International. 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
- $69.54
- Price spread: +0.032% → +0.117%
- −$8.52
- Slippage, 4 orders
- −$14.08
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $27.93
- Costs to cover
- 0.331%
- Break-even
- 4.2 days
Slippage from Coinbase International: live order book, 2 min ago; edgeX: 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 Coinbase International live order book, 2 min ago | 2.10 bp | 8.1 bp −$8 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 3 min ago | 3.78 bp | 8.5 bp −$8 | 11.6 bp −$116 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOOGL-PERP | −0.0072% | 1h | 357.34 | +0.076% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTXlong | −0.0016% | 1h | 357.07 | long leg | $529K | $1.2M | 10x | |
| Bybit GOOGLUSDT | 0.0000% | 8h | 357.22 | +0.042% | $11.6M | $7.7M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.17 | +0.028% | $13.4M | $13.9M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.11 | +0.011% | $3.7M | $6.3M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.29 | +0.062% | $17.4M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.05 | −0.004% | $4.9M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.28 | +0.058% | $12K | $461K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.27 | +0.056% | $2K | $3.6M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.00 | −0.020% | $29K | $150K | 10x | as long as short |
Hotstuff GOOGL-PERP
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUALShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX GOOGL-USDT | 0.0000% | 8h | 357.36 | +0.081% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.27 | +0.056% | $2.7M | $116K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0024% | 8h | 357.20 | +0.038% | $367K | $420K | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0032% | 1h | 357.10 | +0.008% | $144K | $41K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.24 | +0.048% | $1.4M | $1.9M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.014% | $128K | $45K | 30x | as long as short |
| Extended GOOGL-USD | +0.0040% | 1h | 357.14 | +0.020% | $423K | $2.9M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0042% | 8h | 357.26 | +0.053% | $72.9M | $145.9M | 50x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.25 | +0.050% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.99 | −0.022% | $97.9M | $21.4M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.09 | +0.006% | $719K | $519K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.99 | −0.022% | $104 | $46K | 10x | as long as short |
| Nado GOOGL-PERP | +0.0050% | 1h | 357.00 | −0.019% | $549K | $86K | 20x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.75 | −0.090% | $2.3M | $3.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0057% | 8h | 357.09 | +0.007% | $293 | $253 | 5x | as long as short |
| QFEX GOOGL-USD | +0.0066% | 1h | 357.16 | +0.025% | $1.3M | $4.0M | 10x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.11 | +0.012% | $42K | $17K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.88 | −0.053% | $3.0M | $325K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.03 | −0.011% | $36K | $17K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.06 | −0.003% | $10K | $11K | 20x | as long as short |
| Lighter GOOGL | +0.0104% | 1h | 357.18 | +0.031% | $2.0M | $2.2M | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.00 | −0.019% | $25K | — | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0164% | 8h | 357.26 | +0.053% | $694K | $231K | 20x | as long as short |
| Phoenix GOOGL | +0.0179% | 1h | 357.02 | −0.014% | $137K | $60K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0303% | 1h | 357.02 | −0.014% | $212K | $217K | 10x | as long as short |
| edgeX GOOGLUSDCshort | +0.0315% | 4h | 357.18 | +0.032% | $208K | $1.2M | 10x |
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aster GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Extended GOOGL-USD
Binance GOOGLUSDT
Vest GOOGL-USD-PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Nado GOOGL-PERP
Ondo Perps GOOGL-USD.P
Paradex GOOGL-USD-PERP
QFEX GOOGL-USD
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Orderly PERP_GOOGL_USDC
Lighter GOOGL
Aevo GOOGL-PERP
BloFin GOOGL-USDT
Phoenix GOOGL
Arcus GOOGL-USD