Funding you earn now, next payment 07:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.04 per $10,000 · paid last 24h −0.009%
Price spread now: Injective against Extended+0.019%60s7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as 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−$270.269% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now +0.019%, 7d avg +0.073%
=Together, before fees−0.006%+ Points / potential airdropExtended: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.054% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.073%). Swap the legs. The two prices were read 60 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 | Extended GOOGL-USD | 357.05 | 0.0064 | pay 0.0008% / 1h | 56m 06s | $422K | $1.2M | 20x |
| Short | Injective GOOGL/USDC PERP | 357.12 | 0.0033 | get 0.0004% / 1h | 56m 06s | $128K | $45K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. 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
- −$6.44
- Price spread: +0.019% → +0.073%
- −$5.36
- Slippage, 4 orders
- −$21.88
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$38.7
- Costs to cover
- 0.269%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; Injective: live order book, 53 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 Extended live order book, 2 min ago | 0.14 bp | 3.5 bp −$4 | 13.2 bp −$132 | doesn't fit | doesn't fit |
| Sell Injective live order book, 53 min ago | 9.93 bp | 9.9 bp −$10 | 9.9 bp −$99 | 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 | −0.0024% | 1h | 356.88 | −0.048% | $519K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0001% | 1h | 356.93 | −0.034% | $557K | $86K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.14 | +0.025% | $13.7M | $12.8M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.02 | −0.009% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.26 | +0.059% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.23 | +0.050% | $4.7M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.33 | +0.078% | $23K | $445K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.16 | +0.031% | $2K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.87 | −0.051% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.25 | +0.056% | $115K | $212K | 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 | 357.30 | +0.070% | $2.7M | $87K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0023% | 1h | 357.22 | +0.048% | $145K | $46K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.09 | +0.011% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERPshort | +0.0033% | 1h | 357.12 | +0.019% | $128K | $45K | 30x | |
| QFEX GOOGL-USD | +0.0038% | 1h | 357.09 | +0.011% | $1.2M | $4.2M | 10x | as long as short |
| Aster GOOGLUSDT | +0.0040% | 8h | 357.28 | +0.063% | $365K | $424K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.96 | −0.025% | $207K | $278K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.24 | +0.053% | — | $5K | 25x | as long as short |
| Hotstuff GOOGL-PERP | +0.0048% | 1h | 356.99 | −0.017% | $33K | — | 20x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.92 | −0.037% | $98.1M | $21.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.96 | −0.025% | $685K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.89 | −0.045% | $157 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.86 | −0.053% | $2.3M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0056% | 8h | 357.05 | −0.001% | $293 | $253 | 5x | as long as short |
| Binance GOOGLUSDT | +0.0061% | 8h | 357.15 | +0.027% | $72.0M | $143.6M | 50x | as long as short |
| Extended GOOGL-USDlong | +0.0064% | 1h | 357.05 | long leg | $422K | $1.2M | 20x | |
| Pacifica GOOGL | +0.0100% | 1h | 356.92 | −0.037% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.69 | −0.101% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.08 | +0.008% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.96 | −0.025% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.02 | −0.009% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 357.09 | +0.011% | $137K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0152% | 1h | 357.11 | +0.017% | $2.0M | $1.3M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0181% | 8h | 357.29 | +0.067% | $689K | $236K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0186% | 8h | 357.17 | +0.033% | $12.0M | $7.5M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0802% | 4h | 357.22 | +0.048% | $208K | $1.2M | 10x | as long as short |
Extended GOOGL-USD
Injective GOOGL/USDC PERP
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Aster GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Binance GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Lighter GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC