GOOGL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.016%

Price spread now: Injective against Polymarket Perps+0.090%7-day average +0.115% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$350.349% of the position

Long on Polymarket Perps Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.090%, 7d avg +0.115%

Together, before fees−0.090%−$9 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 0.026% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.115%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps GOOG-USD	356.80	0.0050	pay 0.0006% / 1h	25m 24s	$684K	$430K	10x
Short	Injective GOOGL/USDC PERP	357.12	0.0033	get 0.0004% / 1h	25m 24s	$128K	$45K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Polymarket Perps. 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 Polymarket PerpsbpFee InjectivebpOrdersPrice spread, now +0.090%Rate

Funding earned: −$3.5
Price spread: +0.090% → +0.115%: −$2.58
Slippage, 4 orders: −$26.9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$40.99
Costs to cover: 0.349%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 17 min ago; Injective: live order book, 18 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 Polymarket Perps live order book, 17 min ago	3.51 bp	7.5 bp −$8	8.4 bp −$84	9.6 bp −$960	doesn't fit
Sell Injective live order book, 18 min ago	9.94 bp	10.0 bp −$10	10.0 bp −$100	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	−0.0024%	1h	356.60	−0.056%	$511K	$1.1M	10x	as long as short
OKX GOOGL-USDT-SWAP	0.0000%	8h	356.94	+0.039%	$13.6M	$13.0M	50x	as long as short
Gate GOOGL_USDT	0.0000%	8h	356.87	+0.020%	$3.6M	$7.5M	100x	as long as short
Bitget GOOGLUSDT	0.0000%	8h	357.04	+0.067%	$17.3M	$9.8M	100x	as long as short
Variational Omni GOOGL	0.0000%	8h	356.93	+0.037%	$4.8M	$2.4M	—	as long as short
GRVT GOOGL_USDT_Perp	0.0000%	8h	356.92	+0.034%	$23K	$448K	10x	as long as short
SunX GOOGL-USDT	0.0000%	8h	357.02	+0.062%	$1K	$4.0M	20x	as long as short
Deribit GOOGL_USDC-PERPETUAL	0.0000%	1h	356.76	−0.011%	$24K	$156K	10x	as long as short
HTX GOOGL-USDT	0.0000%	8h	357.13	+0.092%	$115K	$211K	30x	as long as short
Phemex GOOGLUSDT	0.0000%	4h	357.07	+0.076%	$2.7M	$87K	10x	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	+0.0020%	1h	356.64	−0.045%	$144K	$46K	10x	as long as short
Aster GOOGLUSDT	+0.0025%	8h	357.12	+0.091%	$365K	$424K	20x	as long as short
Nado GOOGL-PERP	+0.0029%	1h	356.84	+0.010%	$549K	$92K	20x	as long as short
Lighter RH GOOGL	+0.0032%	1h	356.97	+0.048%	$1.3M	$2.1M	20x	as long as short
Injective GOOGL/USDC PERPshort	+0.0033%	1h	357.12	+0.090%	$128K	$45K	30x
QFEX GOOGL-USD	+0.0038%	1h	356.93	+0.036%	$1.2M	$4.2M	10x	as long as short
Arcus GOOGL-USD	+0.0040%	1h	356.66	−0.039%	$207K	$278K	10x	as long as short
Vest GOOGL-USD-PERP	+0.0046%	1h	357.10	+0.084%	—	$5K	25x	as long as short
Binance GOOGLUSDT	+0.0046%	8h	357.02	+0.062%	$72.0M	$143.7M	50x	as long as short
Extended GOOGL-USD	+0.0048%	1h	356.93	+0.038%	$423K	$1.2M	20x	as long as short
tradeXYZ xyz:GOOGL	+0.0050%	1h	356.82	+0.006%	$98.1M	$21.4M	20x	as long as short
Polymarket Perps GOOG-USDlong	+0.0050%	1h	356.80	long leg	$684K	$430K	10x
SoDEX GOOGL-USD	+0.0050%	1h	356.83	+0.008%	$154	$46K	10x	as long as short
Ondo Perps GOOGL-USD.P	+0.0050%	1h	356.60	−0.056%	$2.3M	$4.8M	15x	as long as short
Paradex GOOGL-USD-PERP	+0.0053%	8h	356.97	+0.047%	$293	$253	5x	as long as short
Hotstuff GOOGL-PERP	+0.0088%	1h	356.83	+0.008%	$33K	—	20x	as long as short
Phoenix GOOGL	+0.0090%	1h	356.86	+0.017%	$137K	$36K	20x	as long as short
Pacifica GOOGL	+0.0100%	1h	356.94	+0.039%	$42K	$39K	10x	as long as short
KuCoin GOOGLUSDTM	+0.0100%	8h	356.59	−0.059%	$3.0M	$103K	20x	as long as short
ApeX Omni GOOGLUSDT	+0.0100%	1h	356.82	+0.006%	$22K	$10K	50x	as long as short
Orderly PERP_GOOGL_USDC	+0.0100%	8h	356.85	+0.014%	$10K	$11K	20x	as long as short
Aevo GOOGL-PERP	+0.0104%	1h	356.87	+0.018%	$25K	—	10x	as long as short
Lighter GOOGL	+0.0128%	1h	356.98	+0.050%	$2.0M	$1.3M	20x	as long as short
Bybit GOOGLUSDT	+0.0152%	8h	357.02	+0.062%	$11.5M	$7.9M	100x	as long as short
BloFin GOOGL-USDT	+0.0168%	8h	356.95	+0.042%	$690K	$236K	20x	as long as short
edgeX GOOGLUSDC	+0.0929%	4h	356.89	+0.024%	$208K	$1.2M	10x	as long as short