GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0089%/8h= +9.8% APRnext payment +$0.11 per $10,000 · paid last 24h +0.018%

Price spread now: Injective against Coinbase International−0.335%64s7-day average +0.175% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$370.370% of the position

Long on Coinbase International Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.015%+$2 on $10k

Price spread, last 4 days (all we have)+0.523%+$52 · spread now −0.335%, 7d avg +0.175%

Together, before fees+0.539%+$54 on $10k · with fees, hour by hour

Funding pays, the price is against you. Injective is 0.510% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.335% now, against its 7-day average of +0.175%). If the spread goes back, that is −$51 on $10k: about 19 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.015% in total) that is about 8 months. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International GOOGL-PERP-INTX	358.32	−0.0056	get 0.0007% / 1h	55m 42s	$514K	$1.1M	10x
Short	Injective GOOGL/USDC PERP	357.12	0.0033	get 0.0004% / 1h	55m 42s	$128K	$45K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Coinbase International. 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 Coinbase InternationalbpFee InjectivebpOrdersPrice spread, now −0.335%Rate

Funding earned: $18.76
Price spread: −0.335% → +0.175%: −$50.98
Slippage, 4 orders: −$27.03
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$69.27
Costs to cover: 0.370%
Break-even: 32.8 days

Slippage from Coinbase International: live order book, 3 min ago; Injective: live order book, 38 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 Coinbase International live order book, 3 min ago	2.37 bp	9.0 bp −$9	11.2 bp −$112	doesn't fit	doesn't fit
Sell Injective live order book, 38 min ago	7.41 bp	12.7 bp −$13	12.7 bp −$127	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-INTXlong	−0.0056%	1h	358.32	long leg	$514K	$1.1M	10x
OKX GOOGL-USDT-SWAP	0.0000%	8h	358.46	+0.039%	$13.5M	$13.5M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.39	+0.020%	$3.6M	$6.7M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.50	+0.050%	$17.4M	$9.4M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	358.62	+0.082%	$5.0M	$2.5M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.68	+0.100%	$1K	$3.8M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.76	+0.123%	$115K	$213K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.82	+0.140%	$2.7M	$98K	10x	as long as short
Aster GOOGLUSDT	+0.0009%	8h	358.36	+0.012%	$368K	$423K	20x	as long as short
Bybit GOOGLUSDT	+0.0021%	8h	358.52	+0.056%	$11.5M	$7.4M	100x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended GOOGL-USD	+0.0024%	1h	358.42	+0.029%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDT	+0.0028%	8h	358.48	+0.045%	$72.7M	$142.2M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0028%	1h	358.40	+0.023%	$145K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.41	+0.025%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERPshort	+0.0033%	1h	357.12	−0.335%	$128K	$45K	30x
GRVT GOOGL_USDT_Perp	+0.0043%	8h	358.61	+0.082%	$23K	$451K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	358.68	+0.100%	—	$5K	25x	as long as short
Hotstuff GOOGL-PERP	+0.0048%	1h	358.39	+0.020%	$33K	—	20x	as long as short
QFEX GOOGL-USD	+0.0048%	1h	358.60	+0.078%	$1.3M	$4.1M	10x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	358.31	−0.003%	$98.1M	$21.8M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	358.49	+0.047%	$686K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	358.48	+0.045%	$127	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	358.20	−0.033%	$2.3M	$4.0M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0063%	8h	358.42	+0.028%	$294	$253	5x	as long as short
Nado GOOGL-PERP	+0.0067%	1h	358.46	+0.038%	$551K	$81K	20x	as long as short
Arcus GOOGL-USD	+0.0081%	1h	358.27	−0.014%	$211K	$283K	10x	as long as short
Deribit GOOGL_USDC-PERPETUAL	+0.0085%	1h	358.45	+0.036%	$24K	$150K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0087%	8h	358.19	−0.036%	$3.0M	$185K	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	358.43	+0.031%	$138K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	358.44	+0.033%	$42K	$23K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	358.31	−0.003%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.53	+0.059%	$10K	$11K	20x	as long as short
BloFin GOOGL-USDT	+0.0104%	8h	358.58	+0.073%	$685K	$237K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	358.49	+0.047%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0176%	1h	358.50	+0.050%	$2.0M	$1.8M	20x	as long as short
edgeX GOOGLUSDC	+0.0272%	4h	358.55	+0.065%	$209K	$1.2M	10x	as long as short