Funding you earn now, next payment 04:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.12 per $10,000 · paid last 24h −0.022%
Price spread now: Deribit against Pacifica−0.058%7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.058% cheaper against Pacifica than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica GOOGL | 357.68 | 0.0100 | pay 0.0013% / 1h | 38m 10s | $42K | $41K | 10x |
| Short | Deribit GOOGL_USDC-PERPETUAL | 357.47 | 0.0002 | get 0.0000% / 1h | 38m 10s | $24K | $155K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Pacifica. 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
- −$20.62
- Price spread: −0.058% → 0.000%
- −$5.78
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$41.4
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Pacifica: no order-book sample; Deribit: live order book, 20 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 20 min ago | 0.14 bp | 8.6 bp −$9 | 11.0 bp −$110 | doesn't fit | doesn't fit |
Pacifica: 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 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 | −0.0048% | 1h | 357.54 | −0.038% | $526K | $1.1M | 10x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.62 | −0.016% | $3.6M | $7.4M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.71 | +0.009% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.81 | +0.037% | $23K | $435K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.73 | +0.015% | $1K | $4.1M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.84 | +0.046% | $115K | $221K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.87 | +0.054% | $2.7M | $86K | 10x | as long as short |
| Deribit GOOGL_USDC-PERPETUALshort | +0.0002% | 1h | 357.47 | −0.058% | $24K | $155K | 10x | |
| Bitget GOOGLUSDT | +0.0012% | 8h | 357.78 | +0.029% | $17.5M | $9.6M | 100x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0013% | 1h | 357.63 | −0.013% | $144K | $49K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH GOOGL | +0.0032% | 1h | 357.73 | +0.015% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.156% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.52 | −0.044% | $208K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.69 | +0.004% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0050% | 1h | 357.66 | −0.005% | $1.3M | $4.2M | 10x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.48 | −0.055% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.51 | −0.047% | $152 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.41 | −0.075% | $2.3M | $4.9M | 15x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0052% | 1h | 357.50 | −0.049% | $99.0M | $20.5M | 20x | as long as short |
| Aster GOOGLUSDT | +0.0055% | 8h | 357.86 | +0.052% | $366K | $457K | 20x | as long as short |
| Extended GOOGL-USD | +0.0072% | 1h | 357.64 | −0.011% | $426K | $1.8M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0075% | 8h | 357.73 | +0.015% | $73.1M | $141.3M | 50x | as long as short |
| Pacifica GOOGLlong | +0.0100% | 1h | 357.68 | long leg | $42K | $41K | 10x | |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.29 | −0.108% | $3.0M | $91K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.50 | −0.049% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.51 | −0.047% | $10K | $10K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0101% | 1h | 357.46 | −0.062% | $558K | $80K | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0104% | 1h | 357.51 | −0.047% | $33K | — | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.58 | −0.026% | $25K | — | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0107% | 8h | 357.62 | −0.016% | $293 | $253 | 5x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.60 | −0.021% | $138K | $36K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0114% | 8h | 357.68 | +0.001% | $13.8M | $12.4M | 50x | as long as short |
| Bybit GOOGLUSDT | +0.0179% | 8h | 357.80 | +0.034% | $12.0M | $7.6M | 100x | as long as short |
| BloFin GOOGL-USDT | +0.0194% | 8h | 357.75 | +0.020% | $697K | $234K | 20x | as long as short |
| Lighter GOOGL | +0.0304% | 1h | 357.74 | +0.018% | $2.0M | $1.3M | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0546% | 4h | 357.75 | +0.020% | $209K | $1.2M | 10x | as long as short |
Pacifica GOOGL
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Bitget GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
tradeXYZ xyz:GOOGL
Aster GOOGLUSDT
Extended GOOGL-USD
Binance GOOGLUSDT
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Paradex GOOGL-USD-PERP
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
Bybit GOOGLUSDT
BloFin GOOGL-USDT
Lighter GOOGL
edgeX GOOGLUSDC