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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
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
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 fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica GOOGL357.470.0100pay 0.0013% / 1h31m 23s$42K$41K10x
ShortPhoenix GOOGL357.640.0112get 0.0014% / 1h31m 23s$138K$36K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica no order-book sample
Sell Phoenix live order book, 24 min ago2.52 bp8.4 bp −$817.2 bp −$172doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International GOOGL-PERP-INTX−0.0064%1h357.46−0.003%$524K$1.1M10xas long as short
Nado GOOGL-PERP−0.0055%1h357.55+0.023%$558K$80K20xas long as short
Hotstuff GOOGL-PERP−0.0032%1h357.53+0.016%$33K20xas long as short
Gate GOOGL_USDT0.0000%8h357.62+0.041%$3.6M$7.5M100xas long as short
Variational Omni GOOGL0.0000%8h357.75+0.076%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.78+0.087%$23K$437K10xas long as short
SunX GOOGL-USDT0.0000%8h357.77+0.083%$1K$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.46−0.003%$23K$154K10xas long as short
HTX GOOGL-USDT0.0000%8h357.86+0.108%$115K$223K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.82+0.097%$2.7M$76K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps GOOGLUSD+0.0003%1h357.67+0.054%$144K$50K10xas long as short
Bybit GOOGLUSDT+0.0012%8h357.88+0.114%$11.8M$7.5M100xas long as short
Aster GOOGLUSDT+0.0021%8h357.61+0.038%$366K$458K20xas long as short
QFEX GOOGL-USD+0.0028%1h357.66+0.052%$1.3M$4.3M10xas long as short
Lighter RH GOOGL+0.0032%1h357.73+0.072%$1.3M$2.3M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.099%$128K$45K30xas long as short
Extended GOOGL-USD+0.0040%1h357.65+0.049%$426K$1.8M20xas long as short
Arcus GOOGL-USD+0.0040%1h357.50+0.008%$208K$277K10xas long as short
Binance GOOGLUSDT+0.0041%8h357.77+0.084%$72.9M$141.2M50xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.80+0.092%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.55+0.022%$99.1M$21.8M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.45−0.006%$686K$429K10xas long as short
SoDEX GOOGL-USD+0.0050%1h357.52+0.013%$140$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h357.56+0.025%$2.2M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0053%8h357.67+0.054%$293$2535xas long as short
Bitget GOOGLUSDT+0.0077%8h357.79+0.089%$17.0M$9.3M100xas long as short
Pacifica GOOGLlong+0.0100%1h357.47long leg$42K$41K10x
KuCoin GOOGLUSDTM+0.0100%8h357.49+0.005%$3.0M$65K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.63+0.044%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.63+0.044%$10K$10K20xas long as short
Lighter GOOGL+0.0104%1h357.74+0.075%$2.1M$1.2M20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.55+0.022%$25K10xas long as short
Phoenix GOOGLshort+0.0112%1h357.64+0.047%$138K$36K20x
OKX GOOGL-USDT-SWAP+0.0115%8h357.74+0.075%$13.8M$12.4M50xas long as short
BloFin GOOGL-USDT+0.0163%8h357.69+0.061%$697K$234K20xas long as short
edgeX GOOGLUSDC+0.0514%4h357.77+0.082%$209K$1.2M10xas long as short