Settings8H · net · $10k
Funding arb · Price arb /

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$270.269% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended GOOGL-USD357.050.0064pay 0.0008% / 1h56m 06s$422K$1.2M20x
ShortInjective GOOGL/USDC PERP357.120.0033get 0.0004% / 1h56m 06s$128K$45K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago0.14 bp3.5 bp −$413.2 bp −$132doesn't fitdoesn't fit
Sell Injective live order book, 53 min ago9.93 bp9.9 bp −$109.9 bp −$99doesn't fitdoesn't fit

GOOGL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International GOOGL-PERP-INTX−0.0024%1h356.88−0.048%$519K$1.1M10xas long as short
Nado GOOGL-PERP−0.0001%1h356.93−0.034%$557K$86K20xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h357.14+0.025%$13.7M$12.8M50xas long as short
Gate GOOGL_USDT0.0000%8h357.02−0.009%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.26+0.059%$17.3M$9.8M100xas long as short
Variational Omni GOOGL0.0000%8h357.23+0.050%$4.7M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.33+0.078%$23K$445K10xas long as short
SunX GOOGL-USDT0.0000%8h357.16+0.031%$2K$4.0M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.87−0.051%$24K$156K10xas long as short
HTX GOOGL-USDT0.0000%8h357.25+0.056%$115K$212K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex GOOGLUSDT0.0000%4h357.30+0.070%$2.7M$87K10xas long as short
Aftermath Perps GOOGLUSD+0.0023%1h357.22+0.048%$145K$46K10xas long as short
Lighter RH GOOGL+0.0032%1h357.09+0.011%$1.3M$2.1M20xas long as short
Injective GOOGL/USDC PERPshort+0.0033%1h357.12+0.019%$128K$45K30x
QFEX GOOGL-USD+0.0038%1h357.09+0.011%$1.2M$4.2M10xas long as short
Aster GOOGLUSDT+0.0040%8h357.28+0.063%$365K$424K20xas long as short
Arcus GOOGL-USD+0.0040%1h356.96−0.025%$207K$278K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.24+0.053%$5K25xas long as short
Hotstuff GOOGL-PERP+0.0048%1h356.99−0.017%$33K20xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.92−0.037%$98.1M$21.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.96−0.025%$685K$430K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.89−0.045%$157$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.86−0.053%$2.3M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0056%8h357.05−0.001%$293$2535xas long as short
Binance GOOGLUSDT+0.0061%8h357.15+0.027%$72.0M$143.6M50xas long as short
Extended GOOGL-USDlong+0.0064%1h357.05long leg$422K$1.2M20x
Pacifica GOOGL+0.0100%1h356.92−0.037%$42K$39K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.69−0.101%$3.0M$106K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.08+0.008%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.96−0.025%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.02−0.009%$25K10xas long as short
Phoenix GOOGL+0.0134%1h357.09+0.011%$137K$36K20xas long as short
Lighter GOOGL+0.0152%1h357.11+0.017%$2.0M$1.3M20xas long as short
BloFin GOOGL-USDT+0.0181%8h357.29+0.067%$689K$236K20xas long as short
Bybit GOOGLUSDT+0.0186%8h357.17+0.033%$12.0M$7.5M100xas long as short
edgeX GOOGLUSDC+0.0802%4h357.22+0.048%$208K$1.2M10xas long as short