GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h −0.028%

Price spread now: Deribit against Injective+0.092%63s7-day average −0.092% · 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−$320.324% of the position

Long on Injective Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.131%+$13 on $10k

Price spread, last 4 days (all we have)−0.238%−$24 · spread now +0.092%, 7d avg −0.092%

Together, before fees−0.107%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.185% dearer against Injective than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of −0.092%): +$18 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. Mind the row above: over the last 5 days funding on this pair paid +0.131%, so the current rate has only just turned against you. The two prices were read 63 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	35m 52s	$128K	$45K	30x
Short	Deribit GOOGL_USDC-PERPETUAL	357.45	0	get 0.0000% / 1h	35m 52s	$24K	$148K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.092%Rate

Funding earned: −$7
Price spread: +0.092% → −0.092%: $18.45
Slippage, 4 orders: −$25.41
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$20.98
Costs to cover: 0.324%
Break-even: never at this rate

Slippage from Injective: live order book, 63 min ago; Deribit: live order book, 63 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, 63 min ago	9.93 bp	9.9 bp −$10	9.9 bp −$99	57272.3 bp −$5.73M	326360.7 bp −$163.18M
Sell Deribit live order book, 63 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	−0.0080%	1h	357.28	+0.045%	$517K	$1.1M	10x	as long as short
Aster GOOGLUSDT	0.0000%	8h	357.80	+0.190%	$367K	$422K	20x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	357.58	+0.129%	$13.5M	$12.9M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.55	+0.120%	$3.6M	$7.1M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.75	+0.176%	$17.3M	$9.6M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.63	+0.142%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.57	+0.126%	$23K	$431K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.55	+0.120%	$1K	$3.9M	20x	as long as short
Deribit GOOGL_USDC-PERPETUALshort	0.0000%	1h	357.45	+0.092%	$24K	$148K	10x
HTX GOOGL-USDT	0.0000%	8h	357.75	+0.176%	$115K	$209K	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	357.69	+0.160%	$2.7M	$91K	10x	as long as short
Binance GOOGLUSDT	+0.0022%	8h	357.66	+0.151%	$72.3M	$141.3M	50x	as long as short
Extended GOOGL-USD	+0.0024%	1h	357.56	+0.123%	$424K	$2.5M	20x	as long as short
Aftermath Perps GOOGLUSD	+0.0030%	1h	357.48	+0.100%	$144K	$44K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.60	+0.134%	$1.4M	$1.9M	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	357.45	+0.092%	$1.3M	$4.1M	10x	as long as short
Hotstuff GOOGL-PERP	+0.0040%	1h	357.30	+0.050%	$33K	—	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.35	+0.064%	$209K	$280K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.65	+0.148%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.45	+0.092%	$98.4M	$21.3M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.31	+0.053%	$685K	$415K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.43	+0.087%	$117	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.18	+0.017%	$2.3M	$4.2M	15x	as long as short
KuCoin GOOGLUSDTM	+0.0057%	8h	357.23	+0.031%	$3.0M	$142K	20x	as long as short
Nado GOOGL-PERP	+0.0058%	1h	357.40	+0.079%	$550K	$88K	20x	as long as short
Paradex GOOGL-USD-PERP	+0.0058%	8h	357.53	+0.115%	$293	$253	5x	as long as short
Bybit GOOGLUSDT	+0.0073%	8h	357.63	+0.143%	$11.5M	$7.6M	100x	as long as short
Phoenix GOOGL	+0.0090%	1h	357.07	−0.014%	$137K	$36K	20x	as long as short
BloFin GOOGL-USDT	+0.0090%	8h	357.63	+0.143%	$686K	$233K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.38	+0.072%	$42K	$26K	10x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.21	+0.025%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.52	+0.112%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.45	+0.093%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0208%	1h	357.65	+0.148%	$2.0M	$1.3M	20x	as long as short
edgeX GOOGLUSDC	+0.0385%	4h	357.49	+0.105%	$209K	$1.2M	10x	as long as short