Funding you earn now, next payment 21:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h +0.023%
Price spread now: Injective against Pacifica+0.332%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Injective is 0.332% dearer against Pacifica than usual: you sell high and buy low (spread +0.332% now, against zero (this spread has no 7-day history yet)): +$33 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica GOOGL | 355.94 | 0.0100 | pay 0.0013% / 1h | 32m 14s | $43K | $44K | 10x |
| Short | Injective GOOGL/USDC PERP | 357.12 | 0.0033 | get 0.0004% / 1h | 32m 14s | $128K | $45K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Pacifica. 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
- −$14
- Price spread: +0.332% → 0.000%
- $33.15
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $11.13
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Pacifica: no order-book sample; Injective: live order book, 17 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Injective live order book, 17 min ago | 10.55 bp | 11.7 bp −$12 | 11.7 bp −$117 | doesn't fit | doesn't fit |
Pacifica: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster GOOGLUSDT | 0.0000% | 8h | 355.94 | 0.000% | $361K | $455K | 20x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 356.00 | +0.017% | $11.3M | $7.3M | 100x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 355.78 | −0.045% | $3.6M | $7.4M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 355.85 | −0.025% | $4.3M | $2.3M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 355.82 | −0.035% | $23K | $532K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 355.96 | +0.006% | $1K | $4.2M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 355.81 | −0.037% | $23K | $150K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.05 | +0.031% | $114K | $225K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.00 | +0.017% | $2.7M | $63K | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0011% | 8h | 355.99 | +0.014% | $13.8M | $12.8M | 50x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps GOOGLUSD | +0.0013% | 1h | 355.67 | −0.075% | $144K | $55K | 10x | as long as short |
| Extended GOOGL-USD | +0.0016% | 1h | 355.87 | −0.019% | $422K | $1.6M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0016% | 8h | 355.93 | −0.002% | $72.8M | $140.3M | 50x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0024% | 1h | 355.48 | −0.129% | $526K | $1.1M | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.03 | +0.025% | $1.4M | $2.7M | 20x | as long as short |
| Injective GOOGL/USDC PERPshort | +0.0033% | 1h | 357.12 | +0.332% | $128K | $45K | 30x | |
| QFEX GOOGL-USD | +0.0041% | 1h | 355.88 | −0.017% | $1.3M | $4.7M | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.08 | +0.039% | — | $3K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 355.84 | −0.028% | $97.9M | $25.3M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 355.80 | −0.039% | $682K | $438K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 355.86 | −0.022% | $211 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 355.67 | −0.076% | $2.2M | $4.8M | 15x | as long as short |
| Nado GOOGL-PERP | +0.0051% | 1h | 355.83 | −0.030% | $555K | $80K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0051% | 8h | 355.97 | +0.008% | $292 | $253 | 5x | as long as short |
| BloFin GOOGL-USDT | +0.0066% | 8h | 355.95 | +0.003% | $694K | $234K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0070% | 4h | 355.88 | −0.016% | $207K | $1.2M | 10x | as long as short |
| Bitget GOOGLUSDT | +0.0071% | 8h | 355.88 | −0.017% | $17.1M | $9.0M | 100x | as long as short |
| Phoenix GOOGL | +0.0090% | 1h | 355.79 | −0.042% | $137K | $48K | 20x | as long as short |
| Pacifica GOOGLlong | +0.0100% | 1h | 355.94 | long leg | $43K | $44K | 10x | |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 355.62 | −0.090% | $3.0M | $67K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 355.68 | −0.073% | $21K | $9K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 355.84 | −0.028% | $10K | $10K | 20x | as long as short |
| Arcus GOOGL-USD | +0.0103% | 1h | 355.80 | −0.039% | $201K | $302K | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0104% | 1h | 355.87 | −0.020% | $33K | — | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 355.81 | −0.037% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0128% | 1h | 356.01 | +0.020% | $2.0M | $1.0M | 20x | as long as short |
Pacifica GOOGL
Injective GOOGL/USDC PERP
Aster GOOGLUSDT
Bybit GOOGLUSDT
Gate GOOGL_USDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
OKX GOOGL-USDT-SWAP
Aftermath Perps GOOGLUSD
Extended GOOGL-USD
Binance GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Lighter RH GOOGL
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
BloFin GOOGL-USDT
edgeX GOOGLUSDC
Bitget GOOGLUSDT
Phoenix GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL