GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0009%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.016%

Price spread now: Deribit against QFEX−0.014%7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$260.259% of the position

Long on QFEX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.111%+$11 on $10k

Price spread, last 4 days (all we have)+0.206%+$21 · spread now −0.014%, 7d avg −0.039%

Together, before fees+0.316%+$32 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.025% dearer against QFEX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX GOOGL-USD	358.46	0.0048	pay 0.0006% / 1h	57m 01s	$1.3M	$4.1M	10x
Short	Deribit GOOGL_USDC-PERPETUAL	358.41	0.0057	get 0.0007% / 1h	57m 01s	$24K	$149K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee QFEXbpFee DeribitbpOrdersPrice spread, now −0.014%Rate

Funding earned: $1.81
Price spread: −0.014% → −0.039%: $2.47
Slippage, 4 orders: −$8.88
Fee QFEX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$21.6
Costs to cover: 0.259%
Break-even: 90.6 days

Slippage from QFEX: live order book, 7 min ago; Deribit: live order book, 36 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 QFEX live order book, 7 min ago	1.12 bp	6.1 bp −$6	6.9 bp −$69	11.0 bp −$1,103	doesn't fit
Sell Deribit live order book, 36 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	−0.0056%	1h	358.32	−0.039%	$514K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	358.67	+0.059%	$13.5M	$13.5M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.55	+0.025%	$3.7M	$6.7M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.77	+0.086%	$17.4M	$9.3M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	358.44	−0.006%	$4.8M	$2.4M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.54	+0.022%	$1K	$3.8M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.77	+0.086%	$115K	$213K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.78	+0.089%	$2.7M	$97K	10x	as long as short
Aster GOOGLUSDT	+0.0008%	8h	358.40	−0.016%	$368K	$423K	20x	as long as short
Extended GOOGL-USD	+0.0024%	1h	358.56	+0.029%	$424K	$2.5M	20x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance GOOGLUSDT	+0.0026%	8h	358.66	+0.056%	$72.7M	$142.3M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0028%	1h	358.46	+0.001%	$145K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.52	+0.017%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERP	+0.0033%	1h	357.12	−0.374%	$128K	$45K	30x	as long as short
GRVT GOOGL_USDT_Perp	+0.0043%	8h	358.61	+0.043%	$23K	$451K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	358.59	+0.036%	—	$5K	25x	as long as short
Bybit GOOGLUSDT	+0.0047%	8h	358.61	+0.042%	$11.5M	$7.4M	100x	as long as short
Hotstuff GOOGL-PERP	+0.0048%	1h	358.35	−0.031%	$33K	—	20x	as long as short
QFEX GOOGL-USDlong	+0.0048%	1h	358.46	long leg	$1.3M	$4.1M	10x
Polymarket Perps GOOG-USD	+0.0050%	1h	358.34	−0.033%	$686K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	358.39	−0.020%	$127	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	358.20	−0.073%	$2.3M	$4.0M	15x	as long as short
Deribit GOOGL_USDC-PERPETUALshort	+0.0057%	1h	358.41	−0.014%	$24K	$149K	10x
Paradex GOOGL-USD-PERP	+0.0064%	8h	358.44	−0.006%	$294	$253	5x	as long as short
Nado GOOGL-PERP	+0.0066%	1h	358.32	−0.039%	$551K	$81K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0066%	1h	358.49	+0.008%	$98.1M	$21.8M	20x	as long as short
Arcus GOOGL-USD	+0.0081%	1h	358.33	−0.036%	$211K	$283K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0085%	8h	358.22	−0.067%	$3.0M	$183K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	358.43	−0.008%	$138K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	358.48	+0.004%	$42K	$23K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	358.31	−0.042%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.44	−0.006%	$10K	$11K	20x	as long as short
BloFin GOOGL-USDT	+0.0104%	8h	358.58	+0.033%	$685K	$237K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	358.39	−0.018%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0184%	1h	358.57	+0.031%	$2.0M	$1.7M	20x	as long as short
edgeX GOOGLUSDC	+0.0272%	4h	358.55	+0.026%	$209K	$1.2M	10x	as long as short