GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h −0.021%

Price spread now: QFEX against Injective+0.207%7-day average −0.059% · 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−$5as in the Price arb table

costs, in and out, $10k−$320.321% of the position

Long on Injective Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.023%+$2 on $10k

Price spread, last 4 days (all we have)−0.268%−$27 · spread now +0.207%, 7d avg −0.059%

Together, before fees−0.245%−$25 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 QFEX is 0.267% dearer against Injective than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.059%.

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	24m 00s	$128K	$45K	30x
Short	QFEX GOOGL-USD	357.86	0.0064	get 0.0008% / 1h	24m 00s	$1.3M	$4.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.207%Rate

Funding earned: $6.36
Price spread: +0.207% → −0.059%: $26.66
Slippage, 4 orders: −$22.08
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee QFEX: 5 bp × 2 orders: −$10
Net: $0.91
Costs to cover: 0.321%
Break-even: 6.0 days

Slippage from Injective: live order book, 30 min ago; QFEX: live order book, 5 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, 30 min ago	10.20 bp	10.2 bp −$10	10.2 bp −$102	57275.1 bp −$5.73M	326374.7 bp −$163.19M
Sell QFEX live order book, 5 min ago	0.84 bp	5.8 bp −$6	5.8 bp −$58	12.4 bp −$1,241	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
Hotstuff GOOGL-PERP	−0.0016%	1h	357.75	+0.176%	$33K	—	20x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.84	+0.202%	$3.6M	$7.4M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.98	+0.241%	$17.5M	$9.6M	100x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.96	+0.235%	$1K	$4.1M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	357.63	+0.143%	$24K	$155K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.99	+0.244%	$115K	$218K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	358.02	+0.252%	$2.7M	$85K	10x	as long as short
Nado GOOGL-PERP	+0.0006%	1h	357.70	+0.162%	$558K	$83K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	+0.0016%	1h	357.67	+0.154%	$522K	$1.1M	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0022%	1h	357.65	+0.149%	$144K	$47K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni GOOGL	+0.0025%	8h	357.78	+0.184%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	+0.0026%	8h	357.87	+0.210%	$23K	$442K	10x	as long as short
Lighter RH GOOGL	+0.0032%	1h	357.95	+0.232%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERPlong	+0.0033%	1h	357.12	long leg	$128K	$45K	30x
Arcus GOOGL-USD	+0.0040%	1h	357.58	+0.129%	$208K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.93	+0.227%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.77	+0.182%	$99.3M	$20.6M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.64	+0.146%	$686K	$429K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.78	+0.185%	$146	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.62	+0.140%	$2.2M	$4.9M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0055%	8h	357.83	+0.200%	$293	$253	5x	as long as short
QFEX GOOGL-USDshort	+0.0064%	1h	357.86	+0.207%	$1.3M	$4.2M	10x
Aster GOOGLUSDT	+0.0083%	8h	357.73	+0.169%	$366K	$426K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0084%	8h	357.90	+0.218%	$13.8M	$12.5M	50x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.91	+0.222%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.42	+0.084%	$3.0M	$99K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.64	+0.146%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.77	+0.182%	$10K	$11K	20x	as long as short
Binance GOOGLUSDT	+0.0102%	8h	357.95	+0.234%	$72.4M	$142.3M	50x	as long as short
Extended GOOGL-USD	+0.0104%	1h	357.86	+0.208%	$419K	$1.5M	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.75	+0.178%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0179%	1h	357.79	+0.188%	$138K	$36K	20x	as long as short
Lighter GOOGL	+0.0192%	1h	357.92	+0.224%	$2.0M	$1.3M	20x	as long as short
BloFin GOOGL-USDT	+0.0222%	8h	357.97	+0.238%	$693K	$234K	20x	as long as short
Bybit GOOGLUSDT	+0.0234%	8h	358.05	+0.260%	$12.0M	$7.5M	100x	as long as short
edgeX GOOGLUSDC	+0.0690%	4h	357.78	+0.186%	$209K	$1.2M	10x	as long as short