Funding you earn now, next payment 00:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.033%
Price spread now: Injective against tradeXYZ+0.236%74s7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.416% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 3 days (all we have)−0.103%−$10 · spread now +0.236%, 7d avg +0.138%
=Together, before fees−0.132%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.098% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.236% now, against its 7-day average of +0.138%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 20 days. The two prices were read 74 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 | tradeXYZ xyz:GOOGL | 356.28 | 0.0050 | pay 0.0006% / 1h | 13m 59s | $98.2M | $25.5M | 20x |
| Short | Injective GOOGL/USDC PERP | 357.12 | 0.0033 | get 0.0004% / 1h | 13m 59s | $128K | $45K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against tradeXYZ. 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: +0.236% → +0.138%
- $9.8
- Slippage, 4 orders
- −$23.56
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$35.29
- Costs to cover
- 0.416%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; Injective: live order book, 65 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 tradeXYZ live order book, 6 min ago | 0.14 bp | 10.1 bp −$10 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Injective live order book, 65 min ago | 10.24 bp | 10.2 bp −$10 | 10.2 bp −$102 | 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 | 356.44 | +0.045% | $3.6M | $7.5M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.57 | +0.081% | $1K | $4.2M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.69 | +0.115% | $115K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.61 | +0.093% | $2.7M | $66K | 10x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0008% | 1h | 356.24 | −0.011% | $530K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0018% | 1h | 356.38 | +0.029% | $144K | $53K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.57 | +0.081% | $1.4M | $2.5M | 20x | as long as short |
| Injective GOOGL/USDC PERPshort | +0.0033% | 1h | 357.12 | +0.236% | $128K | $45K | 30x | |
| GRVT GOOGL_USDT_Perp | +0.0043% | 8h | 356.58 | +0.083% | $23K | $472K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.48 | +0.056% | — | $5K | 25x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOOGLlong | +0.0050% | 1h | 356.28 | long leg | $98.2M | $25.5M | 20x | |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.30 | +0.006% | $683K | $437K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.29 | +0.003% | $178 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.16 | −0.034% | $2.3M | $4.9M | 15x | as long as short |
| Variational Omni GOOGL | +0.0059% | 8h | 356.56 | +0.080% | $4.7M | $2.6M | — | as long as short |
| QFEX GOOGL-USD | +0.0060% | 1h | 356.46 | +0.051% | $1.3M | $4.9M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0086% | 8h | 356.48 | +0.056% | $292 | $253 | 5x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.20 | −0.022% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.32 | +0.011% | $3.0M | $66K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.35 | +0.020% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.42 | +0.039% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.48 | +0.055% | $25K | — | 10x | as long as short |
| Aster GOOGLUSDT | +0.0109% | 8h | 356.71 | +0.121% | $363K | $457K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0111% | 1h | 356.26 | −0.006% | $559K | $81K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0124% | 8h | 356.64 | +0.101% | $11.5M | $7.8M | 100x | as long as short |
| Extended GOOGL-USD | +0.0128% | 1h | 356.53 | +0.071% | $422K | $1.6M | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0128% | 1h | 356.29 | +0.003% | $33K | — | 20x | as long as short |
| Binance GOOGLUSDT | +0.0129% | 8h | 356.60 | +0.089% | $73.1M | $143.0M | 50x | as long as short |
| Bitget GOOGLUSDT | +0.0131% | 8h | 356.57 | +0.081% | $16.8M | $9.3M | 100x | as long as short |
| Phoenix GOOGL | +0.0157% | 1h | 356.32 | +0.011% | $137K | $48K | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0179% | 8h | 356.59 | +0.087% | $13.8M | $12.9M | 50x | as long as short |
| edgeX GOOGLUSDC | +0.0206% | 4h | 356.57 | +0.080% | $210K | $1.2M | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0249% | 8h | 356.63 | +0.098% | $692K | $236K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0250% | 1h | 356.32 | +0.011% | $202K | $271K | 10x | as long as short |
| Lighter GOOGL | +0.0264% | 1h | 356.53 | +0.070% | $2.1M | $1.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0368% | 1h | 356.43 | +0.042% | $23K | $152K | 10x | as long as short |
tradeXYZ xyz:GOOGL
Injective GOOGL/USDC PERP
Gate GOOGL_USDT
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
GRVT GOOGL_USDT_Perp
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Variational Omni GOOGL
Paradex GOOGL-USD-PERP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Aster GOOGLUSDT
Bybit GOOGLUSDT
Extended GOOGL-USD
Binance GOOGLUSDT
Bitget GOOGLUSDT
Phoenix GOOGL
OKX GOOGL-USDT-SWAP
edgeX GOOGLUSDC
BloFin GOOGL-USDT
Lighter GOOGL
Deribit GOOGL_USDC-PERPETUAL