Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against Orderly+0.031%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. SunX is 0.031% dearer against Orderly than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GOOGL_USDC | 358.91 | 0.0100 | pay 0.0100% / 8h | 6h 03m | $10K | $11K | 20x |
| Short | SunX GOOGL-USDT | 359.02 | 0 | get 0.0000% / 8h | 6h 03m | $980 | $3.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Orderly. 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
- −$21
- Price spread: +0.031% → 0.000%
- $3.06
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$31.94
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; SunX: live order book, 8 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 8 min ago | 44.67 bp | 49.2 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1600% | 1h | 358.41 | −0.139% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0056% | 1h | 358.76 | −0.042% | $516K | $1.1M | 10x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 358.92 | +0.003% | $11.5M | $7.6M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 358.90 | −0.003% | $13.5M | $13.5M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 358.77 | −0.039% | $3.7M | $6.8M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 358.99 | +0.022% | $17.5M | $9.4M | 100x | as long as short |
| SunX GOOGL-USDTshort | 0.0000% | 8h | 359.02 | +0.031% | $980 | $3.7M | 20x | |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 358.81 | −0.028% | $25K | $148K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 359.13 | +0.061% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 359.16 | +0.070% | $2.7M | $109K | 10x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GOOGL | +0.0014% | 8h | 359.10 | +0.053% | $5.0M | $2.3M | — | as long as short |
| Aftermath Perps GOOGLUSD | +0.0028% | 1h | 358.90 | −0.002% | $145K | $43K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 358.92 | +0.003% | $1.3M | $1.9M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.499% | $128K | $45K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 359.22 | +0.086% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0048% | 1h | 358.95 | +0.011% | $1.3M | $4.1M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 358.72 | −0.053% | $98.2M | $21.7M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 358.90 | −0.003% | $687K | $413K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 358.81 | −0.028% | $109 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 358.77 | −0.039% | $2.3M | $3.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0061% | 8h | 358.98 | +0.019% | $294 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0065% | 8h | 358.96 | +0.015% | $368K | $420K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0069% | 1h | 358.90 | −0.003% | $553K | $81K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0081% | 1h | 358.84 | −0.020% | $211K | $279K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0086% | 8h | 358.95 | +0.011% | $73.0M | $142.8M | 50x | as long as short |
| Extended GOOGL-USD | +0.0088% | 1h | 358.85 | −0.016% | $426K | $2.4M | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 358.99 | +0.022% | $42K | $20K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 358.73 | −0.050% | $3.0M | $234K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 359.03 | +0.033% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDClong | +0.0100% | 8h | 358.91 | long leg | $10K | $11K | 20x | |
| Aevo GOOGL-PERP | +0.0104% | 1h | 358.89 | −0.004% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 358.97 | +0.017% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0176% | 1h | 358.92 | +0.003% | $2.0M | $2.2M | 20x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0203% | 8h | 359.30 | +0.108% | $23K | $447K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0208% | 8h | 359.02 | +0.031% | $690K | $241K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0701% | 4h | 359.15 | +0.068% | $210K | $1.2M | 10x | as long as short |
SunX GOOGL-USDT
Coinbase International GOOGL-PERP-INTX
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Variational Omni GOOGL
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Binance GOOGLUSDT
Extended GOOGL-USD
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Lighter GOOGL
GRVT GOOGL_USDT_Perp
BloFin GOOGL-USDT
edgeX GOOGLUSDC