Funding you earn now, next payment 07:00 UTC+0.0017%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.014%
Price spread now: tradeXYZ against Injective−0.160%7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$390.393% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.160%, 7d avg −0.127%
=Together, before fees+0.114%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.033% cheaper against Injective than usual: you would sell low and buy high (spread −0.160% now, against its 7-day average of −0.127%). If the spread goes back, that is −$3 on $10k: about 6.6 days of funding at the current rate (+$1 a day).
| 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 | 39m 14s | $128K | $45K | 30x |
| Short | tradeXYZ xyz:GOOGL | 356.55 | 0.0050 | get 0.0006% / 1h | 39m 14s | $98.0M | $21.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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: −0.160% → −0.127%
- −$3.29
- Slippage, 4 orders
- −$21.3
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$39.1
- Costs to cover
- 0.393%
- Break-even
- 85.2 days
Slippage from Injective: live order book, 4 min ago; tradeXYZ: live order book, 10 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, 4 min ago | 9.94 bp | 10.0 bp −$10 | 10.0 bp −$100 | 57277.1 bp −$5.73M | 326384.8 bp −$163.19M |
| Sell tradeXYZ live order book, 10 min ago | 0.14 bp | 9.5 bp −$9 | doesn't fit | 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 | −0.0024% | 1h | 356.60 | −0.146% | $511K | $1.1M | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 356.71 | −0.115% | $13.6M | $13.0M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.62 | −0.140% | $3.6M | $7.5M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 356.82 | −0.084% | $17.3M | $9.8M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 356.77 | −0.097% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.83 | −0.080% | $23K | $446K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.77 | −0.098% | $1K | $4.0M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.53 | −0.165% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.84 | −0.078% | $114K | $212K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.90 | −0.062% | $2.7M | $87K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps GOOGLUSD | +0.0023% | 1h | 356.60 | −0.147% | $144K | $46K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.67 | −0.126% | $1.3M | $2.1M | 20x | as long as short |
| Aster GOOGLUSDT | +0.0033% | 8h | 357.12 | +0.001% | $365K | $424K | 20x | as long as short |
| Injective GOOGL/USDC PERPlong | +0.0033% | 1h | 357.12 | long leg | $128K | $45K | 30x | |
| QFEX GOOGL-USD | +0.0038% | 1h | 356.73 | −0.109% | $1.2M | $4.2M | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0040% | 1h | 356.55 | −0.160% | $33K | — | 20x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.58 | −0.151% | $207K | $278K | 10x | as long as short |
| Nado GOOGL-PERP | +0.0046% | 1h | 356.49 | −0.176% | $549K | $90K | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.78 | −0.095% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGLshort | +0.0050% | 1h | 356.55 | −0.160% | $98.0M | $21.4M | 20x | |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.55 | −0.160% | $684K | $430K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.56 | −0.157% | $152 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.46 | −0.185% | $2.3M | $4.8M | 15x | as long as short |
| Binance GOOGLUSDT | +0.0054% | 8h | 356.76 | −0.101% | $72.0M | $143.8M | 50x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0054% | 8h | 356.64 | −0.133% | $292 | $253 | 5x | as long as short |
| Extended GOOGL-USD | +0.0056% | 1h | 356.67 | −0.125% | $423K | $1.2M | 20x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 356.63 | −0.137% | $137K | $36K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.55 | −0.161% | $42K | $39K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.57 | −0.154% | $3.0M | $103K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.59 | −0.148% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.52 | −0.168% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.61 | −0.142% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0152% | 1h | 356.71 | −0.115% | $2.0M | $1.3M | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0174% | 8h | 356.83 | −0.081% | $11.9M | $7.5M | 100x | as long as short |
| BloFin GOOGL-USDT | +0.0174% | 8h | 356.83 | −0.081% | $689K | $235K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0924% | 4h | 356.80 | −0.091% | $208K | $1.2M | 10x | as long as short |
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Aster GOOGLUSDT
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Binance GOOGLUSDT
Paradex GOOGL-USD-PERP
Extended GOOGL-USD
Phoenix GOOGL
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Bybit GOOGLUSDT
BloFin GOOGL-USDT
edgeX GOOGLUSDC