Funding you earn now, next payment 10:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.009%
Price spread now: Polymarket Perps against Injective+0.524%7-day average −0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs+$31as in the Price arb table
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 4 days (all we have)−0.665%−$67 · spread now +0.524%, 7d avg −0.108%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.632% dearer against Injective than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of −0.108%.
| 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 | 0m 45s | $128K | $45K | 30x |
| Short | Polymarket Perps GOOG-USD | 358.99 | 0.0050 | get 0.0006% / 1h | 0m 45s | $687K | $413K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Injective. 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
- $3.5
- Price spread: +0.524% → −0.108%
- $63.15
- Slippage, 4 orders
- −$23.98
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $34.66
- Costs to cover
- 0.320%
- Break-even
- from the start
Slippage from Injective: live order book, 50 min ago; Polymarket Perps: live order book, 50 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, 50 min ago | 9.20 bp | 9.2 bp −$9 | 9.2 bp −$92 | 57258.8 bp −$5.73M | 326293.7 bp −$163.15M |
| Sell Polymarket Perps live order book, 50 min ago | 2.79 bp | 6.8 bp −$7 | 8.5 bp −$85 | doesn't fit | doesn't fit |
GOOGL on 36 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOOGL-PERP | −0.1600% | 1h | 358.06 | +0.263% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0056% | 1h | 358.77 | +0.462% | $514K | $1.1M | 10x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 359.37 | +0.630% | $11.5M | $7.6M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 359.29 | +0.608% | $13.5M | $13.5M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 359.15 | +0.568% | $3.7M | $6.9M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 359.25 | +0.596% | $17.5M | $9.4M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 359.19 | +0.580% | $1K | $3.7M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 359.37 | +0.630% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 359.32 | +0.616% | $2.7M | $111K | 10x | as long as short |
| Variational Omni GOOGL | +0.0014% | 8h | 359.10 | +0.555% | $5.0M | $2.3M | — | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps GOOGLUSD | +0.0027% | 1h | 358.92 | +0.503% | $145K | $42K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 359.32 | +0.616% | $1.3M | $2.0M | 20x | as long as short |
| Injective GOOGL/USDC PERPlong | +0.0033% | 1h | 357.12 | long leg | $128K | $45K | 30x | |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 359.22 | +0.588% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0048% | 1h | 359.04 | +0.538% | $1.3M | $4.1M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 359.13 | +0.563% | $98.3M | $21.7M | 20x | as long as short |
| Polymarket Perps GOOG-USDshort | +0.0050% | 1h | 358.99 | +0.524% | $687K | $413K | 10x | |
| SoDEX GOOGL-USD | +0.0050% | 1h | 358.87 | +0.490% | $113 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 358.75 | +0.456% | $2.3M | $3.9M | 15x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0056% | 1h | 359.00 | +0.526% | $25K | $147K | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0061% | 8h | 359.03 | +0.534% | $294 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0062% | 8h | 359.09 | +0.552% | $369K | $420K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0065% | 1h | 358.93 | +0.507% | $553K | $81K | 20x | as long as short |
| Extended GOOGL-USD | +0.0080% | 1h | 359.18 | +0.578% | $426K | $2.4M | 20x | as long as short |
| Arcus GOOGL-USD | +0.0081% | 1h | 358.89 | +0.496% | $211K | $279K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0083% | 8h | 359.42 | +0.644% | $73.1M | $142.8M | 50x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 359.06 | +0.543% | $42K | $20K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 358.82 | +0.476% | $3.0M | $238K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 358.93 | +0.507% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 359.00 | +0.526% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 358.81 | +0.474% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 358.93 | +0.507% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0160% | 1h | 359.32 | +0.616% | $2.0M | $2.2M | 20x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0170% | 8h | 359.08 | +0.550% | $23K | $448K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0201% | 8h | 359.08 | +0.549% | $690K | $242K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0245% | 4h | 359.05 | +0.540% | $210K | $1.2M | 10x | as long as short |
Injective GOOGL/USDC PERP
Polymarket Perps GOOG-USD
Coinbase International GOOGL-PERP-INTX
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Variational Omni GOOGL
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
tradeXYZ xyz:GOOGL
SoDEX GOOGL-USD
Deribit GOOGL_USDC-PERPETUAL
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Extended GOOGL-USD
Binance GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Lighter GOOGL
GRVT GOOGL_USDT_Perp
BloFin GOOGL-USDT
edgeX GOOGLUSDC