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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
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
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 +$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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni GOOGLUSDT356.450.0100pay 0.0013% / 1h7m 36s$21K$9K50x
ShortPhoenix GOOGL356.550.0135get 0.0017% / 1h7m 36s$137K$48K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni no order-book sample
Sell Phoenix live order book, 3 min ago3.09 bp9.1 bp −$919.2 bp −$192doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International GOOGL-PERP-INTX−0.0024%1h356.38−0.020%$530K$1.1M10xas long as short
Gate GOOGL_USDT0.0000%8h356.66+0.059%$3.6M$7.5M100xas long as short
SunX GOOGL-USDT0.0000%8h356.83+0.107%$1K$4.2M20xas long as short
HTX GOOGL-USDT0.0000%8h356.93+0.135%$115K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.77+0.090%$2.7M$64K10xas long as short
Hotstuff GOOGL-PERP+0.0008%1h356.53+0.022%$33K20xas long as short
Aftermath Perps GOOGLUSD+0.0013%1h356.30−0.043%$144K$54K10xas long as short
edgeX GOOGLUSDC+0.0014%4h356.65+0.056%$208K$1.2M10xas long as short
Variational Omni GOOGL+0.0032%8h356.66+0.058%$4.6M$2.5Mas long as short
Lighter RH GOOGL+0.0032%1h356.77+0.090%$1.4M$2.5M20xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.188%$128K$45K30xas long as short
GRVT GOOGL_USDT_Perp+0.0042%8h356.65+0.056%$23K$475K10xas long as short
QFEX GOOGL-USD+0.0045%1h356.71+0.073%$1.3M$4.8M10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.69+0.067%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.50+0.014%$98.0M$24.6M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.51+0.017%$683K$437K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.54+0.025%$187$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.40−0.014%$2.3M$4.9M15xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0059%1h356.57+0.034%$23K$151K10xas long as short
Bybit GOOGLUSDT+0.0071%8h356.86+0.115%$11.5M$7.7M100xas long as short
Paradex GOOGL-USD-PERP+0.0090%8h356.73+0.077%$293$2535xas long as short
Bitget GOOGLUSDT+0.0095%8h356.84+0.109%$16.9M$9.2M100xas long as short
Aster GOOGLUSDT+0.0096%8h356.83+0.107%$362K$455K20xas long as short
Pacifica GOOGL+0.0100%1h356.70+0.070%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.33−0.034%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDTlong+0.0100%1h356.45long leg$21K$9K50x
Orderly PERP_GOOGL_USDC+0.0100%8h356.67+0.062%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.67+0.062%$25K10xas long as short
OKX GOOGL-USDT-SWAP+0.0108%8h356.82+0.104%$13.9M$12.9M50xas long as short
Extended GOOGL-USD+0.0112%1h356.74+0.080%$421K$1.6M20xas long as short
Binance GOOGLUSDT+0.0117%8h356.81+0.101%$73.0M$142.1M50xas long as short
Nado GOOGL-PERP+0.0128%1h356.47+0.006%$559K$82K20xas long as short
Phoenix GOOGLshort+0.0135%1h356.55+0.028%$137K$48K20x
Arcus GOOGL-USD+0.0169%1h356.56+0.031%$202K$271K10xas long as short
BloFin GOOGL-USDT+0.0234%8h356.66+0.059%$689K$235K20xas long as short
Lighter GOOGL+0.0280%1h356.81+0.101%$2.0M$1.0M20xas long as short