Funding you earn now, next payment 10:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.04 per $10,000 · paid last 24h +0.006%
Price spread now: Injective against Nado−0.515%49s7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$420.415% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.675%+$67 · spread now −0.515%, 7d avg +0.069%
=Together, before fees+0.675%+ Points / potential airdropNado: Active · farm board+$67 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.584% cheaper against Nado than usual: you would sell low and buy high (−$58 if the spread goes back to its 7-day average of +0.069%). Swap the legs. The two prices were read 49 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 | Nado GOOGL-PERP | 358.97 | 0.0066 | pay 0.0008% / 1h | 2m 25s | $553K | $81K | 20x |
| Short | Injective GOOGL/USDC PERP | 357.12 | 0.0033 | get 0.0004% / 1h | 2m 25s | $128K | $45K | 30x |
Nado GOOGL-PERP
Injective GOOGL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Nado. 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
- −$6.87
- Price spread: −0.515% → +0.069%
- −$58.45
- Slippage, 4 orders
- −$34.5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$106.83
- Costs to cover
- 0.415%
- Break-even
- never at this rate
Slippage from Nado: live order book, 48 min ago; Injective: live order book, 49 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 Nado live order book, 48 min ago | 0.56 bp | 9.5 bp −$10 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell Injective live order book, 49 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff GOOGL-PERP | −0.1600% | 1h | 358.06 | −0.253% | $33K | — | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.0056% | 1h | 358.77 | −0.056% | $514K | $1.1M | 10x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 359.01 | +0.011% | $11.5M | $7.6M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 359.03 | +0.017% | $13.5M | $13.5M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 358.93 | −0.011% | $3.7M | $6.9M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 359.13 | +0.045% | $17.5M | $9.4M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 359.25 | +0.078% | $1K | $3.7M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 358.75 | −0.061% | $25K | $148K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 359.02 | +0.014% | $115K | $211K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 359.30 | +0.092% | $2.7M | $110K | 10x | as long as short |
Hotstuff GOOGL-PERP
Coinbase International GOOGL-PERP-INTX
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDTShow all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GOOGL | +0.0014% | 8h | 359.10 | +0.036% | $5.0M | $2.3M | — | as long as short |
| Aftermath Perps GOOGLUSD | +0.0027% | 1h | 358.90 | −0.019% | $145K | $43K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 359.12 | +0.042% | $1.3M | $2.0M | 20x | as long as short |
| Injective GOOGL/USDC PERPshort | +0.0033% | 1h | 357.12 | −0.515% | $128K | $45K | 30x | |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 359.22 | +0.070% | — | $5K | 25x | as long as short |
| QFEX GOOGL-USD | +0.0048% | 1h | 359.01 | +0.011% | $1.3M | $4.1M | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 358.86 | −0.031% | $98.3M | $21.7M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 358.94 | −0.008% | $687K | $413K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 358.75 | −0.061% | $113 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 358.89 | −0.022% | $2.3M | $3.9M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0061% | 8h | 359.07 | +0.027% | $294 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0063% | 8h | 359.09 | +0.032% | $369K | $420K | 20x | as long as short |
| Nado GOOGL-PERPlong | +0.0066% | 1h | 358.97 | long leg | $553K | $81K | 20x | |
| Arcus GOOGL-USD | +0.0081% | 1h | 358.88 | −0.025% | $211K | $279K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0082% | 8h | 359.09 | +0.032% | $73.1M | $142.9M | 50x | as long as short |
| Extended GOOGL-USD | +0.0088% | 1h | 359.02 | +0.013% | $426K | $2.4M | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 359.08 | +0.030% | $42K | $20K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 358.74 | −0.064% | $3.0M | $236K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 358.93 | −0.011% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 358.89 | −0.022% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 358.84 | −0.037% | $25K | — | 10x | as long as short |
| Phoenix GOOGL | +0.0134% | 1h | 358.93 | −0.011% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0160% | 1h | 359.12 | +0.042% | $2.0M | $2.2M | 20x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0203% | 8h | 359.30 | +0.092% | $23K | $447K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0204% | 8h | 359.24 | +0.075% | $690K | $242K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0245% | 4h | 359.05 | +0.021% | $210K | $1.2M | 10x | as long as short |
Variational Omni GOOGL
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
Arcus GOOGL-USD
Binance GOOGLUSDT
Extended GOOGL-USD
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Orderly PERP_GOOGL_USDC
Aevo GOOGL-PERP
Phoenix GOOGL
Lighter GOOGL
GRVT GOOGL_USDT_Perp
BloFin GOOGL-USDT
edgeX GOOGLUSDC