GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h +0.025%

Price spread now: Injective against QFEX−0.140%7-day average +0.065% · 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−$54as in the Price arb table

costs, in and out, $10k−$340.335% of the position

Long on QFEX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.023%−$2 on $10k

Price spread, last 4 days (all we have)+0.477%+$48 · spread now −0.140%, 7d avg +0.065%

Together, before fees+0.455%+$45 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Injective is 0.205% cheaper against QFEX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of +0.065%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX GOOGL-USD	357.62	0.0028	pay 0.0003% / 1h	46m 25s	$1.3M	$4.4M	10x
Short	Injective GOOGL/USDC PERP	357.12	0.0033	get 0.0004% / 1h	46m 25s	$128K	$45K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against QFEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee QFEXbpFee InjectivebpOrdersPrice spread, now −0.140%Rate

Funding earned: $1.14
Price spread: −0.140% → +0.065%: −$20.52
Slippage, 4 orders: −$23.5
Fee QFEX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$52.91
Costs to cover: 0.335%
Break-even: 332.8 days

Slippage from QFEX: live order book, 7 min ago; Injective: live order book, 17 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 QFEX live order book, 7 min ago	1.82 bp	6.8 bp −$7	7.0 bp −$70	12.4 bp −$1,241	doesn't fit
Sell Injective live order book, 17 min ago	9.38 bp	10.5 bp −$10	10.5 bp −$105	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
Deribit GOOGL_USDC-PERPETUAL	−0.0617%	1h	357.24	−0.106%	$23K	$154K	10x	as long as short
Nado GOOGL-PERP	−0.0065%	1h	357.59	−0.008%	$558K	$80K	20x	as long as short
Coinbase International GOOGL-PERP-INTX	−0.0064%	1h	357.29	−0.092%	$523K	$1.1M	10x	as long as short
Gate GOOGL_USDT	0.0000%	8h	357.64	+0.006%	$3.6M	$7.5M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	357.62	−0.001%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	357.65	+0.008%	$23K	$437K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.71	+0.025%	$1K	$4.1M	20x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.88	+0.073%	$115K	$223K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.75	+0.036%	$2.7M	$75K	10x	as long as short
Aftermath Perps GOOGLUSD	+0.0005%	1h	357.44	−0.050%	$144K	$50K	10x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit GOOGLUSDT	+0.0020%	8h	357.81	+0.053%	$11.8M	$7.5M	100x	as long as short
QFEX GOOGL-USDlong	+0.0028%	1h	357.62	long leg	$1.3M	$4.4M	10x
Lighter RH GOOGL	+0.0032%	1h	357.75	+0.036%	$1.3M	$2.3M	20x	as long as short
Injective GOOGL/USDC PERPshort	+0.0033%	1h	357.12	−0.140%	$128K	$45K	30x
Aster GOOGLUSDT	+0.0034%	8h	357.65	+0.008%	$366K	$458K	20x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	357.43	−0.053%	$207K	$277K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.85	+0.064%	—	$5K	25x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	357.54	−0.022%	$99.0M	$22.5M	20x	as long as short
Polymarket Perps GOOG-USD	+0.0050%	1h	357.40	−0.062%	$685K	$431K	10x	as long as short
SoDEX GOOGL-USD	+0.0050%	1h	357.54	−0.022%	$144	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	357.39	−0.064%	$2.2M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0054%	8h	357.70	+0.023%	$293	$253	5x	as long as short
Binance GOOGLUSDT	+0.0054%	8h	357.73	+0.031%	$72.9M	$141.5M	50x	as long as short
Extended GOOGL-USD	+0.0056%	1h	357.65	+0.010%	$421K	$1.8M	20x	as long as short
Bitget GOOGLUSDT	+0.0058%	8h	357.74	+0.034%	$17.0M	$9.3M	100x	as long as short
Hotstuff GOOGL-PERP	+0.0072%	1h	357.54	−0.022%	$33K	—	20x	as long as short
Lighter GOOGL	+0.0088%	1h	357.78	+0.045%	$2.1M	$1.2M	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	357.50	−0.034%	$42K	$41K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	357.36	−0.073%	$3.0M	$65K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	357.57	−0.014%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	357.61	−0.003%	$10K	$10K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	357.58	−0.012%	$25K	—	10x	as long as short
Phoenix GOOGL	+0.0112%	1h	357.54	−0.022%	$138K	$36K	20x	as long as short
OKX GOOGL-USDT-SWAP	+0.0132%	8h	357.71	+0.025%	$13.8M	$12.4M	50x	as long as short
BloFin GOOGL-USDT	+0.0175%	8h	357.69	+0.020%	—	$234K	20x	as long as short
edgeX GOOGLUSDC	+0.0789%	4h	357.68	+0.016%	$209K	$1.2M	10x	as long as short