Funding you earn now, next payment 22:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.006%
Price spread now: Phoenix against ApeX Omni+0.028%116s7-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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Phoenix is 0.028% dearer against ApeX Omni than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 116 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni GOOGLUSDT | 356.45 | 0.0100 | pay 0.0013% / 1h | 7m 36s | $21K | $9K | 50x |
| Short | Phoenix GOOGL | 356.55 | 0.0135 | get 0.0017% / 1h | 7m 36s | $137K | $48K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against ApeX Omni. 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
- $7.3
- Price spread: +0.028% → 0.000%
- $2.81
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$6.89
- Costs to cover
- 0.170%
- Break-even
- 13.6 days
Slippage unknown: ApeX Omni: no order-book sample; Phoenix: live order book, 3 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 ApeX Omni no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 3 min ago | 3.09 bp | 9.1 bp −$9 | 19.2 bp −$192 | doesn't fit | doesn't fit |
ApeX Omni: 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International GOOGL-PERP-INTX | −0.0024% | 1h | 356.38 | −0.020% | $530K | $1.1M | 10x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 356.66 | +0.059% | $3.6M | $7.5M | 100x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 356.83 | +0.107% | $1K | $4.2M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 356.93 | +0.135% | $115K | $224K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 356.77 | +0.090% | $2.7M | $64K | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0008% | 1h | 356.53 | +0.022% | $33K | — | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0013% | 1h | 356.30 | −0.043% | $144K | $54K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0014% | 4h | 356.65 | +0.056% | $208K | $1.2M | 10x | as long as short |
| Variational Omni GOOGL | +0.0032% | 8h | 356.66 | +0.058% | $4.6M | $2.5M | — | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 356.77 | +0.090% | $1.4M | $2.5M | 20x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.188% | $128K | $45K | 30x | as long as short |
| GRVT GOOGL_USDT_Perp | +0.0042% | 8h | 356.65 | +0.056% | $23K | $475K | 10x | as long as short |
| QFEX GOOGL-USD | +0.0045% | 1h | 356.71 | +0.073% | $1.3M | $4.8M | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 356.69 | +0.067% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 356.50 | +0.014% | $98.0M | $24.6M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 356.51 | +0.017% | $683K | $437K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 356.54 | +0.025% | $187 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 356.40 | −0.014% | $2.3M | $4.9M | 15x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0059% | 1h | 356.57 | +0.034% | $23K | $151K | 10x | as long as short |
| Bybit GOOGLUSDT | +0.0071% | 8h | 356.86 | +0.115% | $11.5M | $7.7M | 100x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0090% | 8h | 356.73 | +0.077% | $293 | $253 | 5x | as long as short |
| Bitget GOOGLUSDT | +0.0095% | 8h | 356.84 | +0.109% | $16.9M | $9.2M | 100x | as long as short |
| Aster GOOGLUSDT | +0.0096% | 8h | 356.83 | +0.107% | $362K | $455K | 20x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 356.70 | +0.070% | $42K | $45K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 356.33 | −0.034% | $3.0M | $66K | 20x | as long as short |
| ApeX Omni GOOGLUSDTlong | +0.0100% | 1h | 356.45 | long leg | $21K | $9K | 50x | |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 356.67 | +0.062% | $10K | $10K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 356.67 | +0.062% | $25K | — | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0108% | 8h | 356.82 | +0.104% | $13.9M | $12.9M | 50x | as long as short |
| Extended GOOGL-USD | +0.0112% | 1h | 356.74 | +0.080% | $421K | $1.6M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0117% | 8h | 356.81 | +0.101% | $73.0M | $142.1M | 50x | as long as short |
| Nado GOOGL-PERP | +0.0128% | 1h | 356.47 | +0.006% | $559K | $82K | 20x | as long as short |
| Phoenix GOOGLshort | +0.0135% | 1h | 356.55 | +0.028% | $137K | $48K | 20x | |
| Arcus GOOGL-USD | +0.0169% | 1h | 356.56 | +0.031% | $202K | $271K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.0234% | 8h | 356.66 | +0.059% | $689K | $235K | 20x | as long as short |
| Lighter GOOGL | +0.0280% | 1h | 356.81 | +0.101% | $2.0M | $1.0M | 20x | as long as short |
ApeX Omni GOOGLUSDT
Phoenix GOOGL
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
edgeX GOOGLUSDC
Variational Omni GOOGL
Lighter RH GOOGL
Injective GOOGL/USDC PERP
GRVT GOOGL_USDT_Perp
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Deribit GOOGL_USDC-PERPETUAL
Bybit GOOGLUSDT
Paradex GOOGL-USD-PERP
Bitget GOOGLUSDT
Aster GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
OKX GOOGL-USDT-SWAP
Extended GOOGL-USD
Binance GOOGLUSDT
BloFin GOOGL-USDT
Lighter GOOGL