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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.007%
Price spread now: Phoenix against Nado−0.002%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$420.424% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.045%+$5 on $10k
Price spread, last 3 days (all we have)−0.019%−$2 · spread now −0.002%, 7d avg −0.032%
Together, before fees+0.026%+ Points / potential airdropNado: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Phoenix is 0.030% dearer against Nado than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado GOOGL-PERP356.270.0109pay 0.0014% / 1h18m 58s$559K$81K20x
ShortPhoenix GOOGL356.260.0157get 0.0020% / 1h18m 58s$137K$48K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Nado. 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
$10.14
Price spread: −0.002% → −0.032%
$2.97
Slippage, 4 orders
−$28.42
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$29.31
Costs to cover
0.424%
Break-even
27.2 days
Slippage from Nado: live order book, 59 min ago; Phoenix: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 59 min ago0.56 bp9.4 bp −$919.9 bp −$199doesn't fitdoesn't fit
Sell Phoenix live order book, 52 min ago3.09 bp9.1 bp −$919.2 bp −$192doesn't fitdoesn't fit

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
Gate GOOGL_USDT0.0000%8h356.42+0.043%$3.6M$7.5M100xas long as short
SunX GOOGL-USDT0.0000%8h356.54+0.076%$1K$4.2M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.32+0.015%$22K$152K10xas long as short
HTX GOOGL-USDT0.0000%8h356.63+0.102%$114K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.59+0.090%$2.7M$66K10xas long as short
Coinbase International GOOGL-PERP-INTX+0.0008%1h356.40+0.037%$530K$1.1M10xas long as short
Aftermath Perps GOOGLUSD+0.0017%1h356.38+0.033%$144K$54K10xas long as short
Lighter RH GOOGL+0.0032%1h356.60+0.093%$1.4M$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.239%$128K$45K30xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.47+0.057%$5K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT GOOGL_USDT_Perp+0.0047%8h356.56+0.082%$23K$473K10xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.32+0.015%$98.2M$25.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.29+0.006%$683K$437K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.25−0.005%$182$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.17−0.027%$2.3M$4.9M15xas long as short
QFEX GOOGL-USD+0.0060%1h356.43+0.046%$1.3M$4.9M10xas long as short
Variational Omni GOOGL+0.0061%8h356.49+0.062%$4.7M$2.6Mas long as short
Paradex GOOGL-USD-PERP+0.0087%8h356.45+0.052%$292$2535xas long as short
Pacifica GOOGL+0.0100%1h356.20−0.018%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.32+0.015%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.39+0.034%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.45+0.051%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.47+0.057%$25K10xas long as short
Aster GOOGLUSDT+0.0108%8h356.68+0.115%$363K$455K20xas long as short
Nado GOOGL-PERPlong+0.0109%1h356.27long leg$559K$81K20x
Bybit GOOGLUSDT+0.0119%8h356.63+0.102%$11.5M$7.8M100xas long as short
Extended GOOGL-USD+0.0128%1h356.51+0.067%$421K$1.6M20xas long as short
Hotstuff GOOGL-PERP+0.0128%1h356.26−0.002%$33K20xas long as short
Bitget GOOGLUSDT+0.0128%8h356.52+0.071%$16.8M$9.3M100xas long as short
Binance GOOGLUSDT+0.0129%8h356.57+0.086%$73.1M$142.9M50xas long as short
Phoenix GOOGLshort+0.0157%1h356.26−0.002%$137K$48K20x
OKX GOOGL-USDT-SWAP+0.0174%8h356.57+0.085%$13.9M$12.8M50xas long as short
BloFin GOOGL-USDT+0.0249%8h356.54+0.076%$692K$236K20xas long as short
Arcus GOOGL-USD+0.0250%1h356.29+0.006%$202K$271K10xas long as short
Lighter GOOGL+0.0272%1h356.58+0.088%$2.1M$1.1M20xas long as short
edgeX GOOGLUSDC+0.0806%4h356.54+0.077%$210K$1.2M10xas long as short