Funding you earn now, next payment 06:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h +0.019%
Price spread now: Injective against QFEX+0.042%7-day average +0.057% · 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−$34as in the Price arb table
costs, in and out, $10k−$330.330% of the position
Funding, last 4 days (all we have)−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.042%, 7d avg +0.057%
=The price spread sits at its 7-day average of +0.057%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX GOOGL-USD | 356.97 | 0.0047 | pay 0.0006% / 1h | 30m 57s | $1.2M | $4.3M | 10x |
| Short | Injective GOOGL/USDC PERP | 357.12 | 0.0033 | get 0.0004% / 1h | 30m 57s | $128K | $45K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against QFEX. 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
- −$2.86
- Price spread: +0.042% → +0.057%
- −$1.46
- Slippage, 4 orders
- −$22.94
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$37.28
- Costs to cover
- 0.330%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 8 min ago; Injective: live order book, 18 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 QFEX live order book, 8 min ago | 1.54 bp | 6.5 bp −$7 | 6.5 bp −$65 | 12.9 bp −$1,294 | doesn't fit |
| Sell Injective live order book, 18 min ago | 9.93 bp | 9.9 bp −$10 | 9.9 bp −$99 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GOOGL_USDT | 0.0000% | 8h | 356.90 | −0.020% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.06 | +0.025% | $17.3M | $9.9M | 100x | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 356.98 | +0.003% | $23K | $445K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.05 | +0.022% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 356.74 | −0.064% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.10 | +0.036% | $115K | $215K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.10 | +0.036% | $2.7M | $87K | 10x | as long as short |
| Variational Omni GOOGL | +0.0006% | 8h | 356.98 | +0.003% | $4.7M | $2.3M | — | as long as short |
| Nado GOOGL-PERP | +0.0006% | 1h | 356.86 | −0.032% | $557K | $86K | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 356.57 | −0.112% | $519K | $1.1M | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX GOOGL-USDT-SWAP | +0.0022% | 8h | 357.02 | +0.014% | $13.7M | $12.8M | 50x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0023% | 1h | 356.68 | −0.080% | $144K | $47K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.01 | +0.011% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERPshort | +0.0033% | 1h | 357.12 | +0.042% | $128K | $45K | 30x | |
| Arcus GOOGL-USD | +0.0040% | 1h | 356.73 | −0.067% | $207K | $278K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.08 | +0.031% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USDlong | +0.0047% | 1h | 356.97 | long leg | $1.2M | $4.3M | 10x | |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.78 | −0.053% | $98.1M | $21.7M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.80 | −0.048% | $684K | $431K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.77 | −0.056% | $153 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.59 | −0.106% | $2.3M | $4.9M | 15x | as long as short |
| Aster GOOGLUSDT | +0.0062% | 8h | 357.10 | +0.037% | $365K | $426K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0063% | 8h | 356.98 | +0.002% | $293 | $253 | 5x | as long as short |
| Extended GOOGL-USD | +0.0080% | 1h | 356.95 | −0.007% | $417K | $1.2M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0082% | 8h | 357.02 | +0.015% | $72.1M | $143.7M | 50x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.86 | −0.031% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.87 | −0.028% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.83 | −0.039% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.84 | −0.036% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.86 | −0.032% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0112% | 1h | 357.00 | +0.008% | $2.0M | $1.3M | 20x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 356.84 | −0.036% | $137K | $36K | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0152% | 1h | 356.74 | −0.064% | $33K | — | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0202% | 8h | 357.03 | +0.017% | $693K | $236K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0215% | 8h | 357.11 | +0.039% | $12.0M | $7.6M | 100x | as long as short |
| edgeX GOOGLUSDC | +0.0619% | 4h | 356.93 | −0.012% | $208K | $1.2M | 10x | as long as short |
Injective GOOGL/USDC PERP
Gate GOOGL_USDT
Bitget GOOGLUSDT
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Variational Omni GOOGL
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Aster GOOGLUSDT
Paradex GOOGL-USD-PERP
Extended GOOGL-USD
Binance GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Phoenix GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT
edgeX GOOGLUSDC