Funding you earn now, next payment 05:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h +0.021%
Price spread now: Injective against Ondo Perps−0.017%101s7-day average +0.150% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.035%−$4 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.017%, 7d avg +0.150%
=Together, before fees+0.113%+ Points / potential airdropOndo Perps: Active · farm board+$11 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 0.167% cheaper against Ondo Perps than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.150%). Swap the legs. The two prices were read 101 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 | Ondo Perps GOOGL-USD.P | 357.18 | 0.0050 | pay 0.0006% / 1h | 3m 31s | $2.3M | $4.9M | 15x |
| Short | Injective GOOGL/USDC PERP | 357.12 | 0.0033 | get 0.0004% / 1h | 3m 31s | $128K | $45K | 30x |
Ondo Perps GOOGL-USD.P
Injective GOOGL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Ondo Perps. 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
- −$3.58
- Price spread: −0.017% → +0.150%
- −$16.69
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$25.3
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Injective: live order book, 50 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Injective live order book, 50 min ago | 10.20 bp | 10.2 bp −$10 | 10.2 bp −$102 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 357.49 | +0.087% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.64 | +0.129% | $17.5M | $9.7M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.62 | +0.123% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.38 | +0.056% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.76 | +0.162% | $115K | $216K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.68 | +0.140% | $2.7M | $87K | 10x | as long as short |
| Nado GOOGL-PERP | +0.0006% | 1h | 357.43 | +0.071% | $558K | $86K | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 357.67 | +0.137% | $522K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0022% | 1h | 357.50 | +0.089% | $144K | $47K | 10x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0023% | 8h | 357.66 | +0.134% | $24K | $442K | 10x | as long as short |
Gate GOOGL_USDT
Bitget GOOGLUSDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Nado GOOGL-PERP
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
GRVT GOOGL_USDT_PerpShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GOOGL | +0.0029% | 8h | 357.57 | +0.110% | $4.8M | $2.4M | — | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.59 | +0.115% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERPshort | +0.0033% | 1h | 357.12 | −0.017% | $128K | $45K | 30x | |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.36 | +0.050% | $207K | $279K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.68 | +0.140% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.42 | +0.067% | $99.2M | $20.7M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.38 | +0.056% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.40 | +0.062% | $155 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.Plong | +0.0050% | 1h | 357.18 | long leg | $2.3M | $4.9M | 15x | |
| QFEX GOOGL-USD | +0.0064% | 1h | 357.52 | +0.095% | $1.3M | $4.2M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0064% | 8h | 357.57 | +0.108% | $293 | $253 | 5x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0066% | 8h | 357.57 | +0.109% | $13.7M | $12.5M | 50x | as long as short |
| Aster GOOGLUSDT | +0.0081% | 8h | 357.53 | +0.098% | $366K | $426K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.40 | +0.063% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.48 | +0.084% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.44 | +0.073% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.49 | +0.087% | $10K | $11K | 20x | as long as short |
| Binance GOOGLUSDT | +0.0101% | 8h | 357.62 | +0.122% | $72.3M | $142.9M | 50x | as long as short |
| Extended GOOGL-USD | +0.0104% | 1h | 357.52 | +0.095% | $419K | $1.2M | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.48 | +0.085% | $25K | — | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0117% | 4h | 357.55 | +0.103% | $208K | $1.2M | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0152% | 1h | 357.41 | +0.064% | $33K | — | 20x | as long as short |
| Phoenix GOOGL | +0.0179% | 1h | 357.50 | +0.090% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0192% | 1h | 357.62 | +0.123% | $2.0M | $1.3M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0223% | 8h | 357.67 | +0.137% | $693K | $235K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0238% | 8h | 357.72 | +0.151% | $12.0M | $7.5M | 100x | as long as short |
Variational Omni GOOGL
Lighter RH GOOGL
Arcus GOOGL-USD
Vest GOOGL-USD-PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
QFEX GOOGL-USD
Paradex GOOGL-USD-PERP
OKX GOOGL-USDT-SWAP
Aster GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Orderly PERP_GOOGL_USDC
Binance GOOGLUSDT
Extended GOOGL-USD
Aevo GOOGL-PERP
edgeX GOOGLUSDC
Hotstuff GOOGL-PERP
Phoenix GOOGL
Lighter GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT