Funding you earn now, next payment 10:00 UTC+0.0933%/8h= +102.1% APRpaid last 24h +0.163%
Price spread now: edgeX against Injective+0.578%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs+$29as in the Price arb table
costs, in and out, $10k−$340.343% of the position
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 4 days (all we have)−0.760%−$76 · spread now +0.578%, 7d avg −0.052%
=Together, before fees−0.662%+ Points / potential airdropedgeX: Active · farm board−$66 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and edgeX is 0.630% dearer against Injective than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of −0.052%.
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 | Injective GOOGL/USDC PERP | 357.12 | 0.0033 | pay 0.0004% / 1h | 7m 45s | $128K | $45K | 30x |
| Short | edgeX GOOGLUSDC | 359.19 | 0.0966 | get 0.0483% / 4h | 2h 07m | $210K | $1.2M | 10x |
Injective GOOGL/USDC PERP
edgeX GOOGLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $195.9
- Price spread: +0.578% → −0.052%
- $63
- Slippage, 4 orders
- −$25.25
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $224.62
- Costs to cover
- 0.343%
- Break-even
- from the start
Slippage from Injective: live order book, 43 min ago; edgeX: live order book, 4 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, 43 min ago | 9.20 bp | 9.2 bp −$9 | 9.2 bp −$92 | 57258.8 bp −$5.73M | 326293.7 bp −$163.15M |
| Sell edgeX live order book, 4 min ago | 3.20 bp | 7.9 bp −$8 | 11.2 bp −$112 | 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 | +0.246% | $516K | $1.1M | 10x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 359.19 | +0.580% | $11.5M | $7.5M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 359.27 | +0.602% | $13.5M | $13.5M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 358.99 | +0.524% | $3.7M | $6.8M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 359.20 | +0.582% | $17.5M | $9.4M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 359.17 | +0.574% | $1K | $3.7M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 359.32 | +0.616% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 359.26 | +0.599% | $2.7M | $107K | 10x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0001% | 1h | 358.94 | +0.510% | $25K | $148K | 10x | as long as short |
| Variational Omni GOOGL | +0.0009% | 8h | 359.20 | +0.584% | $5.0M | $2.4M | — | as long as short |
Coinbase International GOOGL-PERP-INTX
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Deribit GOOGL_USDC-PERPETUAL
Variational Omni GOOGLShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps GOOGLUSD | +0.0028% | 1h | 358.82 | +0.476% | $145K | $43K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 359.12 | +0.560% | $1.3M | $1.9M | 20x | as long as short |
| Injective GOOGL/USDC PERPlong | +0.0033% | 1h | 357.12 | long leg | $128K | $45K | 30x | |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 359.21 | +0.585% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0048% | 1h | 359.06 | +0.543% | $1.3M | $4.1M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 358.89 | +0.496% | $98.4M | $21.5M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 359.01 | +0.529% | $687K | $413K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 358.87 | +0.490% | $109 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 358.71 | +0.445% | $2.3M | $3.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0062% | 8h | 359.05 | +0.540% | $294 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0066% | 8h | 358.98 | +0.520% | $369K | $420K | 20x | as long as short |
| Nado GOOGL-PERP | +0.0074% | 1h | 358.93 | +0.506% | $553K | $80K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0081% | 1h | 358.93 | +0.507% | $211K | $279K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0086% | 8h | 359.23 | +0.591% | $73.2M | $141.7M | 50x | as long as short |
| Extended GOOGL-USD | +0.0088% | 1h | 359.08 | +0.547% | $426K | $2.4M | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 359.14 | +0.566% | $42K | $20K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 358.80 | +0.470% | $3.0M | $230K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 358.93 | +0.507% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 359.08 | +0.549% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 359.04 | +0.538% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 358.97 | +0.518% | $138K | $36K | 20x | as long as short |
| Hotstuff GOOGL-PERP | +0.0144% | 1h | 358.93 | +0.507% | $33K | — | 20x | as long as short |
| Lighter GOOGL | +0.0184% | 1h | 359.19 | +0.580% | $2.0M | $2.2M | 20x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0203% | 8h | 359.25 | +0.597% | $23K | $446K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0204% | 8h | 359.22 | +0.588% | $689K | $241K | 20x | as long as short |
| edgeX GOOGLUSDCshort | +0.0966% | 4h | 359.19 | +0.578% | $210K | $1.2M | 10x |
Aftermath Perps GOOGLUSD
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
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Nado GOOGL-PERP
Arcus GOOGL-USD
Binance GOOGLUSDT
Extended GOOGL-USD
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Orderly PERP_GOOGL_USDC
Aevo GOOGL-PERP
Phoenix GOOGL
Hotstuff GOOGL-PERP
Lighter GOOGL
GRVT GOOGL_USDT_Perp
BloFin GOOGL-USDT