Settings8H · net · $10k
Funding arb · Price arb /

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.04 per $10,000 · paid last 24h −0.033%
Price spread now: QFEX against Injective−0.176%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$350.353% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.020%+$2 on $10k
Price spread, last 3 days (all we have)+0.162%+$16 · spread now −0.176%, 7d avg −0.065%
Together, before fees+0.182%+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.111% cheaper against Injective than usual: you would sell low and buy high (spread −0.176% now, against its 7-day average of −0.065%). If the spread goes back, that is −$11 on $10k: about 12 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective GOOGL/USDC PERP357.120.0033pay 0.0004% / 1h48m 00s$128K$45K30x
ShortQFEX GOOGL-USD356.490.0064get 0.0008% / 1h48m 00s$1.3M$4.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against Injective. 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

Funding earned
$6.34
Price spread: −0.176% → −0.065%
−$11.12
Slippage, 4 orders
−$25.23
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$40.03
Costs to cover
0.353%
Break-even
51.2 days
Slippage from Injective: live order book, 26 min ago; QFEX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective live order book, 26 min ago10.37 bp10.4 bp −$1010.4 bp −$10457281.1 bp −$5.73M326404.8 bp −$163.20M
Sell QFEX live order book, 5 min ago2.24 bp7.2 bp −$78.1 bp −$8114.6 bp −$1,457doesn't fit

GOOGL on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GOOGL_USDT0.0000%8h356.49−0.176%$3.6M$7.5M100xas long as short
SunX GOOGL-USDT0.0000%8h356.61−0.143%$1K$4.2M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.34−0.218%$23K$153K10xas long as short
HTX GOOGL-USDT0.0000%8h356.70−0.118%$115K$225K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.64−0.134%$2.7M$66K10xas long as short
Aftermath Perps GOOGLUSD+0.0017%1h356.38−0.207%$144K$53K10xas long as short
Lighter RH GOOGL+0.0032%1h356.62−0.140%$1.4M$2.3M20xas long as short
Coinbase International GOOGL-PERP-INTX+0.0032%1h356.34−0.218%$529K$1.1M10xas long as short
Injective GOOGL/USDC PERPlong+0.0033%1h357.12long leg$128K$45K30x
Vest GOOGL-USD-PERP+0.0046%1h356.60−0.146%$5K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOOGL-PERP+0.0048%1h356.36−0.213%$33K20xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.36−0.213%$98.2M$24.6M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.38−0.207%$683K$437K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.34−0.218%$173$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.16−0.269%$2.3M$4.9M15xas long as short
QFEX GOOGL-USDshort+0.0064%1h356.49−0.176%$1.3M$4.8M10x
Variational Omni GOOGL+0.0068%8h356.63−0.137%$4.8M$2.7Mas long as short
Nado GOOGL-PERP+0.0087%1h356.39−0.204%$560K$81K20xas long as short
Paradex GOOGL-USD-PERP+0.0095%8h356.54−0.163%$292$2535xas long as short
Pacifica GOOGL+0.0100%1h356.49−0.176%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.14−0.274%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.62−0.140%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.37−0.210%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.47−0.183%$25K10xas long as short
Lighter GOOGL+0.0112%1h356.56−0.157%$2.1M$1.1M20xas long as short
Aster GOOGLUSDT+0.0113%8h356.74−0.105%$365K$457K20xas long as short
GRVT GOOGL_USDT_Perp+0.0121%8h356.81−0.087%$23K$472K10xas long as short
Binance GOOGLUSDT+0.0134%8h356.60−0.146%$73.2M$142.4M50xas long as short
Extended GOOGL-USD+0.0136%1h356.53−0.165%$429K$1.7M20xas long as short
Bitget GOOGLUSDT+0.0143%8h356.56−0.157%$16.9M$9.2M100xas long as short
Phoenix GOOGL+0.0157%1h356.56−0.157%$137K$48K20xas long as short
Bybit GOOGLUSDT+0.0197%8h356.65−0.132%$11.5M$7.7M100xas long as short
OKX GOOGL-USDT-SWAP+0.0200%8h356.57−0.154%$13.8M$12.8M50xas long as short
BloFin GOOGL-USDT+0.0254%8h356.66−0.129%$688K$235K20xas long as short
Arcus GOOGL-USD+0.0306%1h356.43−0.193%$202K$271K10xas long as short
edgeX GOOGLUSDC+0.0476%4h356.74−0.108%$210K$1.2M10xas long as short