Funding you earn now, next payment 10:00 UTC−0.0227%/8h= −24.8% APRpaid last 24h −0.163%
Price spread now: Injective against edgeX−0.475%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$350.345% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)+0.656%+$66 · spread now −0.475%, 7d avg +0.052%
=Together, before fees+0.559%+ Points / potential airdropedgeX: Active · farm board+$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 0.527% cheaper against edgeX than usual: you would sell low and buy high (−$53 if the spread goes back to its 7-day average of +0.052%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.097% in total (about -5.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX GOOGLUSDC | 358.82 | 0.0260 | pay 0.0130% / 4h | 2h 15m | $209K | $1.2M | 10x |
| Short | Injective GOOGL/USDC PERP | 357.12 | 0.0033 | get 0.0004% / 1h | 15m 43s | $128K | $45K | 30x |
edgeX GOOGLUSDC
Injective GOOGL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against edgeX. 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
- −$47.62
- Price spread: −0.475% → +0.052%
- −$52.67
- Slippage, 4 orders
- −$25.5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$134.81
- Costs to cover
- 0.345%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 1 min ago; Injective: live order book, 35 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 edgeX live order book, 1 min ago | 3.34 bp | 8.1 bp −$8 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Injective live order book, 35 min ago | 9.20 bp | 9.2 bp −$9 | 9.2 bp −$92 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0056% | 1h | 358.00 | −0.230% | $516K | $1.1M | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 358.96 | +0.038% | $13.5M | $13.5M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 358.73 | −0.026% | $3.7M | $6.8M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 358.96 | +0.038% | $17.5M | $9.4M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 358.86 | +0.009% | $5.0M | $2.4M | — | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 358.91 | +0.024% | $2K | $3.7M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 359.07 | +0.068% | $115K | $210K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 359.01 | +0.052% | $2.7M | $106K | 10x | as long as short |
| Bybit GOOGLUSDT | +0.0007% | 8h | 358.86 | +0.010% | $11.5M | $7.5M | 100x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0030% | 1h | 358.68 | −0.041% | $145K | $43K | 10x | as long as short |
Coinbase International GOOGL-PERP-INTX
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Bybit GOOGLUSDT
Aftermath Perps GOOGLUSDShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH GOOGL | +0.0032% | 1h | 358.85 | +0.007% | $1.3M | $1.9M | 20x | as long as short |
| Injective GOOGL/USDC PERPshort | +0.0033% | 1h | 357.12 | −0.475% | $128K | $45K | 30x | |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 358.93 | +0.029% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0048% | 1h | 358.80 | −0.007% | $1.3M | $4.1M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 358.65 | −0.049% | $98.3M | $21.6M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 358.74 | −0.024% | $687K | $413K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 358.67 | −0.043% | $110 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 358.47 | −0.099% | $2.3M | $3.9M | 15x | as long as short |
| Aster GOOGLUSDT | +0.0052% | 8h | 358.54 | −0.079% | $368K | $420K | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0057% | 1h | 358.69 | −0.038% | $25K | $148K | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0062% | 8h | 358.80 | −0.007% | $294 | $253 | 5x | as long as short |
| Extended GOOGL-USD | +0.0064% | 1h | 358.82 | −0.002% | $424K | $2.4M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0072% | 8h | 358.93 | +0.029% | $73.3M | $141.4M | 50x | as long as short |
| Nado GOOGL-PERP | +0.0079% | 1h | 358.65 | −0.050% | $552K | $81K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0081% | 1h | 358.66 | −0.046% | $211K | $279K | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0096% | 1h | 358.66 | −0.046% | $33K | — | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 358.84 | +0.005% | $42K | $20K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 358.50 | −0.091% | $3.0M | $223K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 358.52 | −0.085% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 358.82 | −0.001% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 358.75 | −0.021% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 358.61 | −0.060% | $138K | $36K | 20x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0145% | 8h | 358.89 | +0.017% | $23K | $447K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0187% | 8h | 358.91 | +0.024% | $688K | $240K | 20x | as long as short |
| Lighter GOOGL | +0.0192% | 1h | 358.85 | +0.007% | $2.0M | $2.2M | 20x | as long as short |
| edgeX GOOGLUSDClong | +0.0260% | 4h | 358.82 | long leg | $209K | $1.2M | 10x |
Lighter RH GOOGL
Vest GOOGL-USD-PERP
QFEX GOOGL-USD
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Ondo Perps GOOGL-USD.P
Aster GOOGLUSDT
Deribit GOOGL_USDC-PERPETUAL
Paradex GOOGL-USD-PERP
Extended GOOGL-USD
Binance GOOGLUSDT
Nado GOOGL-PERP
Arcus GOOGL-USD
Hotstuff GOOGL-PERP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Orderly PERP_GOOGL_USDC
Aevo GOOGL-PERP
Phoenix GOOGL
GRVT GOOGL_USDT_Perp
BloFin GOOGL-USDT
Lighter GOOGL