GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h +0.008%

Price spread now: Arcus against Injective+0.350%101s7-day average −0.110% · 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—prices read too far apart to compare

costs, in and out, $10k−$290.294% of the position

Long on Injective Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.121%+$12 on $10k

Price spread, last 4 days (all we have)−0.748%−$75 · spread now +0.350%, 7d avg −0.110%

Together, before fees−0.627%−$63 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.460% dearer against Injective than usual: you sell high and buy low: +$46 more if the spread goes back to its 7-day average of −0.110%. The two prices were read 101 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	Injective GOOGL/USDC PERP	357.12	0.0033	pay 0.0004% / 1h	59m 27s	$128K	$45K	30x
Short	Arcus GOOGL-USD	358.37	0.0081	get 0.0010% / 1h	59m 27s	$211K	$283K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Injective. 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 InjectivebpFee ArcusbpOrdersPrice spread, now +0.350%Rate

Funding earned: $10.01
Price spread: +0.350% → −0.110%: $45.98
Slippage, 4 orders: −$24.86
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $26.62
Costs to cover: 0.294%
Break-even: from the start

Slippage from Injective: live order book, 34 min ago; Arcus: live order book, 34 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 Injective live order book, 34 min ago	7.41 bp	7.4 bp −$7	7.4 bp −$74	57280.2 bp −$5.73M	326400.6 bp −$163.20M
Sell Arcus live order book, 34 min ago	2.24 bp	4.8 bp −$5	7.2 bp −$72	17.0 bp −$1,696	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	−0.0080%	1h	358.32	+0.336%	$514K	$1.1M	10x	as long as short
Hotstuff GOOGL-PERP	−0.0040%	1h	358.35	+0.344%	$33K	—	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	358.62	+0.420%	$13.5M	$13.5M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	358.43	+0.367%	$3.6M	$6.7M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	358.68	+0.437%	$17.4M	$9.3M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	358.44	+0.369%	$4.8M	$2.4M	—	as long as short
SunX GOOGL-USDT	0.0000%	8h	358.59	+0.412%	$2K	$3.8M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	358.32	+0.336%	$24K	$149K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	358.72	+0.448%	$115K	$213K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.66	+0.431%	$2.7M	$95K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster GOOGLUSDT	+0.0007%	8h	358.39	+0.355%	$368K	$423K	20x	as long as short
Extended GOOGL-USD	+0.0024%	1h	358.53	+0.394%	$424K	$2.5M	20x	as long as short
Binance GOOGLUSDT	+0.0025%	8h	358.63	+0.423%	$72.8M	$142.5M	50x	as long as short
Aftermath Perps GOOGLUSD	+0.0027%	1h	358.38	+0.353%	$145K	$43K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	358.51	+0.389%	$1.4M	$1.8M	20x	as long as short
Injective GOOGL/USDC PERPlong	+0.0033%	1h	357.12	long leg	$128K	$45K	30x
QFEX GOOGL-USD	+0.0039%	1h	358.53	+0.395%	$1.3M	$4.1M	10x	as long as short
GRVT GOOGL_USDT_Perp	+0.0043%	8h	358.61	+0.418%	$23K	$451K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	358.67	+0.434%	—	$5K	25x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	358.42	+0.364%	$686K	$413K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	358.42	+0.364%	$127	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	358.31	+0.333%	$2.3M	$4.0M	15x	as long as short
Bybit GOOGLUSDT	+0.0056%	8h	358.60	+0.414%	$11.5M	$7.4M	100x	as long as short
Paradex GOOGL-USD-PERP	+0.0064%	8h	358.47	+0.379%	$294	$253	5x	as long as short
Arcus GOOGL-USDshort	+0.0081%	1h	358.37	+0.350%	$211K	$283K	10x
KuCoin GOOGLUSDTM	+0.0082%	8h	358.23	+0.311%	$3.0M	$178K	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0086%	1h	358.37	+0.350%	$98.1M	$21.8M	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	358.48	+0.381%	$138K	$35K	20x	as long as short
Nado GOOGL-PERP	+0.0091%	1h	358.34	+0.342%	$551K	$81K	20x	as long as short
BloFin GOOGL-USDT	+0.0097%	8h	358.54	+0.398%	$682K	$237K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	358.56	+0.404%	$42K	$23K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	358.31	+0.333%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	358.40	+0.358%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	358.34	+0.343%	$25K	—	10x	as long as short
edgeX GOOGLUSDC	+0.0171%	4h	358.61	+0.416%	$209K	$1.2M	10x	as long as short
Lighter GOOGL	+0.0184%	1h	358.55	+0.400%	$2.0M	$1.6M	20x	as long as short