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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.09 per $10,000 · paid last 24h +0.007%
Price spread now: Phoenix against Aevo+0.024%66s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phoenix is 0.024% dearer against Aevo than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo GOOGL-PERP357.700.0104pay 0.0013% / 1h27m 31s$25K10x
ShortPhoenix GOOGL357.790.0179get 0.0022% / 1h27m 31s$138K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Aevo. 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
$15.76
Price spread: +0.024% → 0.000%
$2.42
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$4.82
Costs to cover
0.230%
Break-even
9.1 days
Slippage unknown: Aevo: no order-book sample; Phoenix: live order book, 18 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Phoenix live order book, 18 min ago3.08 bp9.3 bp −$920.1 bp −$201doesn't fitdoesn't fit
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOOGL-PERP−0.0016%1h357.69−0.004%$33K20xas long as short
Gate GOOGL_USDT0.0000%8h357.75+0.013%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.72+0.005%$17.5M$9.6M100xas long as short
SunX GOOGL-USDT0.0000%8h357.83+0.035%$2K$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.49−0.060%$24K$155K10xas long as short
HTX GOOGL-USDT0.0000%8h357.97+0.075%$115K$219K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.96+0.072%$2.7M$85K10xas long as short
Nado GOOGL-PERP+0.0002%1h357.63−0.019%$558K$83K20xas long as short
Coinbase International GOOGL-PERP-INTX+0.0016%1h357.67−0.009%$522K$1.1M10xas long as short
Aftermath Perps GOOGLUSD+0.0022%1h357.66−0.012%$144K$48K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT GOOGL_USDT_Perp+0.0026%8h357.87+0.046%$23K$442K10xas long as short
Variational Omni GOOGL+0.0026%8h357.87+0.047%$4.8M$2.4Mas long as short
Lighter RH GOOGL+0.0032%1h357.89+0.052%$1.3M$2.1M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.163%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.55−0.043%$208K$277K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.86+0.044%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.70−0.001%$99.2M$20.6M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.56−0.040%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.72+0.005%$140$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.55−0.043%$2.2M$4.9M15xas long as short
Paradex GOOGL-USD-PERP+0.0055%8h357.81+0.029%$293$2535xas long as short
QFEX GOOGL-USD+0.0064%1h357.78+0.021%$1.3M$4.2M10xas long as short
Aster GOOGLUSDT+0.0084%8h357.71+0.002%$366K$426K20xas long as short
OKX GOOGL-USDT-SWAP+0.0088%8h357.80+0.027%$13.8M$12.4M50xas long as short
Pacifica GOOGL+0.0100%1h357.82+0.032%$42K$41K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h357.35−0.099%$3.0M$96K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.65−0.015%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.62−0.023%$10K$11K20xas long as short
Binance GOOGLUSDT+0.0103%8h357.86+0.044%$72.3M$142.0M50xas long as short
Extended GOOGL-USD+0.0104%1h357.76+0.015%$419K$1.7M20xas long as short
Aevo GOOGL-PERPlong+0.0104%1h357.70long leg$25K10x
Phoenix GOOGLshort+0.0179%1h357.79+0.024%$138K$36K20x
Lighter GOOGL+0.0192%1h357.86+0.044%$2.0M$1.3M20xas long as short
BloFin GOOGL-USDT+0.0224%8h357.96+0.072%$693K$235K20xas long as short
Bybit GOOGLUSDT+0.0234%8h357.96+0.072%$12.0M$7.5M100xas long as short
edgeX GOOGLUSDC+0.0810%4h357.81+0.029%$209K$1.2M10xas long as short