Funding you earn now, next payment 02:00 UTC+0.0012%/8h= +1.3% APRnext payment +$0.01 per $10,000 · paid last 24h +0.008%
Price spread now: Phoenix against Pacifica+0.047%7-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
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Phoenix is 0.047% dearer against Pacifica than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica GOOGL | 357.47 | 0.0100 | pay 0.0013% / 1h | 31m 23s | $42K | $41K | 10x |
| Short | Phoenix GOOGL | 357.64 | 0.0112 | get 0.0014% / 1h | 31m 23s | $138K | $36K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against Pacifica. 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
- $2.51
- Price spread: +0.047% → 0.000%
- $4.69
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$7.81
- Costs to cover
- 0.150%
- Break-even
- 28.8 days
Slippage unknown: Pacifica: no order-book sample; Phoenix: live order book, 24 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 24 min ago | 2.52 bp | 8.4 bp −$8 | 17.2 bp −$172 | doesn't fit | doesn't fit |
Pacifica: 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 | −0.0064% | 1h | 357.46 | −0.003% | $524K | $1.1M | 10x | as long as short |
| Nado GOOGL-PERP | −0.0055% | 1h | 357.55 | +0.023% | $558K | $80K | 20x | as long as short |
| Hotstuff GOOGL-PERP | −0.0032% | 1h | 357.53 | +0.016% | $33K | — | 20x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.62 | +0.041% | $3.6M | $7.5M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.75 | +0.076% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.78 | +0.087% | $23K | $437K | 10x | as long as short |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.77 | +0.083% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.46 | −0.003% | $23K | $154K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.86 | +0.108% | $115K | $223K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.82 | +0.097% | $2.7M | $76K | 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 | +0.0003% | 1h | 357.67 | +0.054% | $144K | $50K | 10x | as long as short |
| Bybit GOOGLUSDT | +0.0012% | 8h | 357.88 | +0.114% | $11.8M | $7.5M | 100x | as long as short |
| Aster GOOGLUSDT | +0.0021% | 8h | 357.61 | +0.038% | $366K | $458K | 20x | as long as short |
| QFEX GOOGL-USD | +0.0028% | 1h | 357.66 | +0.052% | $1.3M | $4.3M | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.73 | +0.072% | $1.3M | $2.3M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.099% | $128K | $45K | 30x | as long as short |
| Extended GOOGL-USD | +0.0040% | 1h | 357.65 | +0.049% | $426K | $1.8M | 20x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.50 | +0.008% | $208K | $277K | 10x | as long as short |
| Binance GOOGLUSDT | +0.0041% | 8h | 357.77 | +0.084% | $72.9M | $141.2M | 50x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.80 | +0.092% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.55 | +0.022% | $99.1M | $21.8M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.45 | −0.006% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.52 | +0.013% | $140 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.56 | +0.025% | $2.2M | $4.8M | 15x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0053% | 8h | 357.67 | +0.054% | $293 | $253 | 5x | as long as short |
| Bitget GOOGLUSDT | +0.0077% | 8h | 357.79 | +0.089% | $17.0M | $9.3M | 100x | as long as short |
| Pacifica GOOGLlong | +0.0100% | 1h | 357.47 | long leg | $42K | $41K | 10x | |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.49 | +0.005% | $3.0M | $65K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.63 | +0.044% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.63 | +0.044% | $10K | $10K | 20x | as long as short |
| Lighter GOOGL | +0.0104% | 1h | 357.74 | +0.075% | $2.1M | $1.2M | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.55 | +0.022% | $25K | — | 10x | as long as short |
| Phoenix GOOGLshort | +0.0112% | 1h | 357.64 | +0.047% | $138K | $36K | 20x | |
| OKX GOOGL-USDT-SWAP | +0.0115% | 8h | 357.74 | +0.075% | $13.8M | $12.4M | 50x | as long as short |
| BloFin GOOGL-USDT | +0.0163% | 8h | 357.69 | +0.061% | $697K | $234K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.0514% | 4h | 357.77 | +0.082% | $209K | $1.2M | 10x | as long as short |
Pacifica GOOGL
Phoenix GOOGL
Coinbase International GOOGL-PERP-INTX
Gate GOOGL_USDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Bybit GOOGLUSDT
Aster GOOGLUSDT
Lighter RH GOOGL
Injective GOOGL/USDC PERP
Extended GOOGL-USD
Binance GOOGLUSDT
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
Bitget GOOGLUSDT
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
OKX GOOGL-USDT-SWAP
BloFin GOOGL-USDT
edgeX GOOGLUSDC