Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.013%
Price spread now: Deribit against Polymarket Perps+0.017%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.259% of the position
Funding, last 5 days (all we have)+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.017%, 7d avg +0.022%
=The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair paid +0.071%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps GOOG-USD | 357.42 | 0.0050 | pay 0.0006% / 1h | 8m 48s | $686K | $430K | 10x |
| Short | Deribit GOOGL_USDC-PERPETUAL | 357.48 | 0 | get 0.0000% / 1h | 8m 48s | $24K | $157K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Polymarket Perps. 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
- −$10.5
- Price spread: +0.017% → +0.022%
- −$0.47
- Slippage, 4 orders
- −$10.91
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$36.89
- Costs to cover
- 0.259%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 29 min ago; Deribit: live order book, 30 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 Polymarket Perps live order book, 29 min ago | 2.24 bp | 7.1 bp −$7 | 7.6 bp −$76 | 8.6 bp −$859 | doesn't fit |
| Sell Deribit live order book, 30 min ago | 0.14 bp | 3.6 bp −$4 | 5.8 bp −$58 | 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 | −0.0048% | 1h | 357.09 | −0.092% | $512K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0011% | 1h | 357.50 | +0.021% | $550K | $88K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.67 | +0.070% | $13.6M | $12.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.59 | +0.048% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.78 | +0.101% | $17.4M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.69 | +0.076% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.74 | +0.088% | $23K | $449K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.68 | +0.073% | $2K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUALshort | 0.0000% | 1h | 357.48 | +0.017% | $24K | $157K | 10x | |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.82 | +0.112% | $115K | $209K | 30x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.71 | +0.081% | $2.7M | $88K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0002% | 8h | 357.80 | +0.106% | $367K | $422K | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0022% | 1h | 357.64 | +0.061% | $144K | $44K | 10x | as long as short |
| Extended GOOGL-USD | +0.0024% | 1h | 357.60 | +0.050% | $427K | $2.5M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0026% | 8h | 357.68 | +0.073% | $72.1M | $143.2M | 50x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.59 | +0.048% | $1.4M | $1.9M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.084% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0035% | 1h | 357.58 | +0.045% | $1.3M | $4.2M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.48 | +0.017% | $208K | $279K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0041% | 8h | 357.18 | −0.067% | $3.0M | $109K | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.79 | +0.104% | — | $5K | 25x | as long as short |
| Hotstuff GOOGL-PERP | +0.0048% | 1h | 357.48 | +0.017% | $33K | — | 20x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.49 | +0.020% | $98.2M | $21.3M | 20x | as long as short |
| Polymarket Perps GOOG-USDlong | +0.0050% | 1h | 357.42 | long leg | $686K | $430K | 10x | |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.48 | +0.017% | $136 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.40 | −0.006% | $2.3M | $4.6M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0051% | 8h | 357.65 | +0.063% | $293 | $253 | 5x | as long as short |
| Bybit GOOGLUSDT | +0.0076% | 8h | 357.70 | +0.078% | $11.5M | $7.8M | 100x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.45 | +0.008% | $42K | $26K | 10x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.54 | +0.034% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.49 | +0.020% | $10K | $11K | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0103% | 8h | 357.61 | +0.053% | $687K | $236K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.54 | +0.034% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0112% | 1h | 357.68 | +0.073% | $2.0M | $1.4M | 20x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.59 | +0.048% | $138K | $36K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0617% | 4h | 357.69 | +0.076% | $209K | $1.2M | 10x | as long as short |
Polymarket Perps GOOG-USD
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aster GOOGLUSDT
Aftermath Perps GOOGLUSD
Extended GOOGL-USD
Binance GOOGLUSDT
Lighter RH GOOGL
Injective GOOGL/USDC PERP
KuCoin GOOGLUSDTM
tradeXYZ xyz:GOOGL
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Bybit GOOGLUSDT
Pacifica GOOGL
ApeX Omni GOOGLUSDT
BloFin GOOGL-USDT
Lighter GOOGL
Phoenix GOOGL
edgeX GOOGLUSDC