Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.030%
Price spread now: Deribit against Injective+0.157%7-day average −0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$320.324% of the position
Funding, last 5 days (all we have)+0.136%+$14 on $10k
+Price spread, last 4 days (all we have)−0.302%−$30 · spread now +0.157%, 7d avg −0.103%
=The price spread pays, funding is against you. Deribit is 0.260% dearer against Injective than usual: you sell high and buy low (spread +0.157% now, against its 7-day average of −0.103%): +$26 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 27 days. Mind the row above: over the last 5 days funding on this pair paid +0.136%, so the current rate has only just turned against you.
| 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 | 3m 12s | $128K | $45K | 30x |
| Short | Deribit GOOGL_USDC-PERPETUAL | 357.68 | 0.0002 | get 0.0000% / 1h | 3m 12s | $24K | $155K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$6.65
- Price spread: +0.157% → −0.103%
- $25.97
- Slippage, 4 orders
- −$25.42
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$13.11
- Costs to cover
- 0.324%
- Break-even
- never at this rate
Slippage from Injective: live order book, 60 min ago; Deribit: live order book, 60 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, 60 min ago | 9.38 bp | 9.4 bp −$9 | 9.4 bp −$94 | 57275.7 bp −$5.73M | 326377.9 bp −$163.19M |
| Sell Deribit live order book, 60 min ago | 0.14 bp | 3.6 bp −$4 | 4.4 bp −$44 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0064% | 1h | 357.46 | +0.095% | $524K | $1.1M | 10x | as long as short |
| Hotstuff GOOGL-PERP | −0.0024% | 1h | 357.65 | +0.148% | $33K | — | 20x | as long as short |
| Nado GOOGL-PERP | −0.0011% | 1h | 357.63 | +0.143% | $558K | $80K | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.80 | +0.190% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.92 | +0.223% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.92 | +0.224% | $23K | $436K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.94 | +0.230% | $1K | $4.1M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.96 | +0.235% | $115K | $222K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 358.00 | +0.246% | $2.7M | $81K | 10x | as long as short |
| Deribit GOOGL_USDC-PERPETUALshort | +0.0002% | 1h | 357.68 | +0.157% | $24K | $155K | 10x |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps GOOGLUSD | +0.0006% | 1h | 357.62 | +0.141% | $144K | $50K | 10x | as long as short |
| Aster GOOGLUSDT | +0.0028% | 8h | 357.65 | +0.147% | $366K | $457K | 20x | as long as short |
| QFEX GOOGL-USD | +0.0028% | 1h | 357.80 | +0.190% | $1.3M | $4.3M | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.93 | +0.227% | $1.3M | $2.3M | 20x | as long as short |
| Injective GOOGL/USDC PERPlong | +0.0033% | 1h | 357.12 | long leg | $128K | $45K | 30x | |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.64 | +0.146% | $208K | $277K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.85 | +0.204% | — | $5K | 25x | as long as short |
| Extended GOOGL-USD | +0.0048% | 1h | 357.86 | +0.207% | $426K | $1.8M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0048% | 8h | 357.96 | +0.236% | $73.1M | $141.4M | 50x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.70 | +0.162% | $99.1M | $21.1M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.67 | +0.154% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.70 | +0.162% | $152 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.61 | +0.137% | $2.3M | $4.9M | 15x | as long as short |
| Bitget GOOGLUSDT | +0.0061% | 8h | 357.94 | +0.230% | $17.5M | $9.6M | 100x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0074% | 8h | 357.82 | +0.197% | $293 | $253 | 5x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.84 | +0.202% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.47 | +0.098% | $3.0M | $70K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.60 | +0.134% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.64 | +0.146% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.75 | +0.176% | $25K | — | 10x | as long as short |
| Bybit GOOGLUSDT | +0.0105% | 8h | 358.06 | +0.263% | $12.0M | $7.6M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0107% | 8h | 357.89 | +0.216% | $13.8M | $12.4M | 50x | as long as short |
| Phoenix GOOGL | +0.0112% | 1h | 357.78 | +0.185% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0168% | 1h | 357.97 | +0.238% | $2.1M | $1.2M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0168% | 8h | 357.94 | +0.230% | $697K | $234K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0510% | 4h | 357.91 | +0.222% | $209K | $1.2M | 10x | as long as short |
Injective GOOGL/USDC PERP
Deribit GOOGL_USDC-PERPETUAL
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Aster GOOGLUSDT
Lighter RH GOOGL
Extended GOOGL-USD
Binance GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Bitget GOOGLUSDT
Paradex GOOGL-USD-PERP
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Phoenix GOOGL
Lighter GOOGL
BloFin GOOGL-USDT
edgeX GOOGLUSDC