Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.063%
Price spread now: Bybit against Gate+0.053%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days+0.061%+$6 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now +0.053%, 7d avg +0.019%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.035% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GOOGL_USDT | 356.24 | 0 | get 0.0000% / 8h | 1h 47m | $3.6M | $7.5M | 100x |
| Short | Bybit GOOGLUSDT | 356.43 | 0.0025 | get 0.0025% / 8h | 1h 47m | $11.5M | $7.8M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $5.21
- Price spread: +0.053% → +0.019%
- $3.47
- Slippage, 4 orders
- −$19.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$36.69
- Costs to cover
- 0.454%
- Break-even
- 56.3 days
Slippage from Gate: live order book, 1 min ago; Bybit: live order book, 1 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 Gate live order book, 1 min ago | 2.39 bp | 12.0 bp −$12 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.14 bp | 9.0 bp −$9 | 13.0 bp −$130 | 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-INTX | −0.0024% | 1h | 356.19 | −0.014% | $530K | $1.1M | 10x | as long as short |
| Hotstuff GOOGL-PERP | −0.0008% | 1h | 356.16 | −0.022% | $33K | — | 20x | as long as short |
| Gate GOOGL_USDTlong | 0.0000% | 8h | 356.24 | long leg | $3.6M | $7.5M | 100x | |
| Variational Omni GOOGL | 0.0000% | 8h | 356.19 | −0.013% | $4.6M | $2.5M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.26 | +0.006% | $23K | $504K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.39 | +0.042% | $1K | $4.2M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.45 | +0.059% | $114K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.44 | +0.056% | $2.7M | $64K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0018% | 1h | 356.10 | −0.040% | $144K | $55K | 10x | as long as short |
| Bybit GOOGLUSDTshort | +0.0025% | 8h | 356.43 | +0.053% | $11.5M | $7.8M | 100x |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster GOOGLUSDT | +0.0027% | 8h | 356.50 | +0.072% | $362K | $455K | 20x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.42 | +0.051% | $1.4M | $2.5M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.247% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0045% | 1h | 356.31 | +0.020% | $1.3M | $4.8M | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.32 | +0.022% | — | $5K | 25x | as long as short |
| Extended GOOGL-USD | +0.0048% | 1h | 356.33 | +0.024% | $421K | $1.6M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.18 | −0.017% | $683K | $438K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.21 | −0.008% | $187 | $46K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0050% | 8h | 356.38 | +0.039% | $73.0M | $142.2M | 50x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.04 | −0.056% | $2.3M | $5.0M | 15x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0059% | 1h | 356.19 | −0.014% | $98.0M | $25.2M | 20x | as long as short |
| Bitget GOOGLUSDT | +0.0065% | 8h | 356.44 | +0.056% | $16.9M | $9.2M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0067% | 8h | 356.39 | +0.042% | $13.8M | $12.8M | 50x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0085% | 8h | 356.32 | +0.022% | $292 | $253 | 5x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.02 | −0.062% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 355.96 | −0.079% | $3.0M | $68K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.05 | −0.053% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.27 | +0.008% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.27 | +0.009% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0135% | 1h | 356.14 | −0.028% | $137K | $48K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0140% | 1h | 356.05 | −0.052% | $557K | $81K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0169% | 1h | 356.15 | −0.025% | $202K | $271K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0170% | 8h | 356.39 | +0.042% | $689K | $235K | 20x | as long as short |
| Lighter GOOGL | +0.0264% | 1h | 356.42 | +0.051% | $2.0M | $1.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0312% | 1h | 356.27 | +0.008% | $22K | $151K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.1000% | 4h | 356.20 | −0.012% | $208K | $1.2M | 10x | as long as short |
Gate GOOGL_USDT
Bybit GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Aster GOOGLUSDT
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Extended GOOGL-USD
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Binance GOOGLUSDT
tradeXYZ xyz:GOOGL
Bitget GOOGLUSDT
OKX GOOGL-USDT-SWAP
Paradex GOOGL-USD-PERP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
BloFin GOOGL-USDT
Lighter GOOGL
Deribit GOOGL_USDC-PERPETUAL
edgeX GOOGLUSDC