Funding you earn now, next payment 07:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h +0.007%
Price spread now: tradeXYZ against Coinbase International+0.042%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.343% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.042%, 7d avg +0.051%
=Together, before fees−0.008%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International GOOGL-PERP-INTX | 357.09 | −0.0048 | get 0.0006% / 1h | 31m 39s | $512K | $1.1M | 10x |
| Short | tradeXYZ xyz:GOOGL | 357.24 | 0.0050 | get 0.0006% / 1h | 31m 39s | $98.2M | $21.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $20.58
- Price spread: +0.042% → +0.051%
- −$0.88
- Slippage, 4 orders
- −$6.3
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$14.6
- Costs to cover
- 0.343%
- Break-even
- 12.0 days
Slippage from Coinbase International: live order book, 2 min ago; tradeXYZ: live order book, 8 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 | 1.54 bp | 7.9 bp −$8 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.56 bp | 10.1 bp −$10 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTXlong | −0.0048% | 1h | 357.09 | long leg | $512K | $1.1M | 10x | |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.41 | +0.090% | $13.6M | $12.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.33 | +0.067% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.55 | +0.129% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.35 | +0.071% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.40 | +0.087% | $23K | $449K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.43 | +0.095% | $1K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.23 | +0.039% | $24K | $157K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.55 | +0.129% | $115K | $210K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.50 | +0.115% | $2.7M | $88K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERP | +0.0004% | 1h | 357.34 | +0.071% | $550K | $91K | 20x | as long as short |
| Aster GOOGLUSDT | +0.0012% | 8h | 357.42 | +0.091% | $365K | $424K | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0023% | 1h | 357.27 | +0.051% | $144K | $45K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.35 | +0.073% | $1.4M | $1.9M | 20x | as long as short |
| Extended GOOGL-USD | +0.0032% | 1h | 357.28 | +0.053% | $427K | $2.5M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.008% | $128K | $45K | 30x | as long as short |
| Binance GOOGLUSDT | +0.0033% | 8h | 357.43 | +0.096% | $72.1M | $143.4M | 50x | as long as short |
| QFEX GOOGL-USD | +0.0035% | 1h | 357.36 | +0.076% | $1.3M | $4.1M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.20 | +0.031% | $207K | $279K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.53 | +0.123% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGLshort | +0.0050% | 1h | 357.24 | +0.042% | $98.2M | $21.4M | 20x | |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.21 | +0.034% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.23 | +0.039% | $139 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.13 | +0.011% | $2.3M | $4.7M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0051% | 8h | 357.35 | +0.073% | $293 | $253 | 5x | as long as short |
| KuCoin GOOGLUSDTM | +0.0061% | 8h | 356.95 | −0.039% | $3.0M | $101K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0100% | 8h | 357.45 | +0.101% | $11.5M | $7.9M | 100x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.19 | +0.029% | $42K | $35K | 10x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.25 | +0.045% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.30 | +0.059% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.31 | +0.062% | $25K | — | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0112% | 1h | 357.27 | +0.050% | $33K | — | 20x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.08 | −0.003% | $137K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0128% | 1h | 357.41 | +0.090% | $2.0M | $1.4M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0142% | 8h | 357.46 | +0.104% | $688K | $236K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0627% | 4h | 357.28 | +0.054% | $208K | $1.2M | 10x | as long as short |
Coinbase International GOOGL-PERP-INTX
tradeXYZ xyz:GOOGL
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
Aster GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Extended GOOGL-USD
Injective GOOGL/USDC PERP
Binance GOOGLUSDT
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
KuCoin GOOGLUSDTM
Bybit GOOGLUSDT
Pacifica GOOGL
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Lighter GOOGL
BloFin GOOGL-USDT
edgeX GOOGLUSDC