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−0.0107%/8h= −11.7% APRnext payment $0.13 per $10,000 · paid last 24h −0.016%
Price spread now: Ondo Perps against Phoenix−0.039%48s7-day average −0.039% · you buy dearer than you sell
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 7 days−0.083%−$8 on $10k
Price spread, last 3 days (all we have)+0.043%+$4 · spread now −0.039%, 7d avg −0.039%
Together, before fees−0.040%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix GOOGL356.310.0157pay 0.0020% / 1h19m 51s$137K$48K20x
ShortOndo Perps GOOGL-USD.P356.170.0050get 0.0006% / 1h19m 51s$2.3M$4.9M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Phoenix. 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
−$22.4
Price spread: −0.039% → −0.039%
−$0.06
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$34.46
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Phoenix: live order book, 51 min ago; Ondo Perps: no order-book sample. 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 Phoenix live order book, 51 min ago3.09 bp9.1 bp −$919.2 bp −$192doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
Gate GOOGL_USDT0.0000%8h356.39+0.022%$3.6M$7.5M100xas long as short
SunX GOOGL-USDT0.0000%8h356.54+0.065%$1K$4.2M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.26−0.014%$22K$152K10xas long as short
HTX GOOGL-USDT0.0000%8h356.64+0.093%$114K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.59+0.079%$2.7M$66K10xas long as short
Coinbase International GOOGL-PERP-INTX+0.0008%1h356.40+0.025%$530K$1.1M10xas long as short
Aftermath Perps GOOGLUSD+0.0017%1h356.38+0.021%$144K$54K10xas long as short
Lighter RH GOOGL+0.0032%1h356.57+0.073%$1.4M$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.227%$128K$45K30xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.50+0.053%$5K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT GOOGL_USDT_Perp+0.0047%8h356.56+0.070%$23K$473K10xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.26−0.014%$98.2M$25.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.24−0.020%$683K$437K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.27−0.011%$182$46K10xas long as short
Ondo Perps GOOGL-USD.Pshort+0.0050%1h356.17−0.039%$2.3M$4.9M15x
QFEX GOOGL-USD+0.0060%1h356.43+0.034%$1.3M$4.9M10xas long as short
Variational Omni GOOGL+0.0061%8h356.49+0.050%$4.7M$2.6Mas long as short
Paradex GOOGL-USD-PERP+0.0087%8h356.45+0.040%$292$2535xas long as short
Pacifica GOOGL+0.0100%1h356.22−0.026%$42K$45K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.30−0.003%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.39+0.022%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.40+0.025%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.43+0.034%$25K10xas long as short
Aster GOOGLUSDT+0.0109%8h356.64+0.093%$363K$455K20xas long as short
Nado GOOGL-PERP+0.0109%1h356.24−0.020%$559K$81K20xas long as short
Bybit GOOGLUSDT+0.0118%8h356.57+0.073%$11.5M$7.8M100xas long as short
Bitget GOOGLUSDT+0.0127%8h356.52+0.059%$16.8M$9.3M100xas long as short
Extended GOOGL-USD+0.0128%1h356.47+0.046%$421K$1.6M20xas long as short
Binance GOOGLUSDT+0.0130%8h356.54+0.064%$73.1M$142.9M50xas long as short
Phoenix GOOGLlong+0.0157%1h356.31long leg$137K$48K20x
Hotstuff GOOGL-PERP+0.0168%1h356.27−0.011%$33K20xas long as short
OKX GOOGL-USDT-SWAP+0.0174%8h356.59+0.079%$13.9M$12.8M50xas long as short
Arcus GOOGL-USD+0.0250%1h356.27−0.011%$202K$271K10xas long as short
BloFin GOOGL-USDT+0.0251%8h356.54+0.065%$692K$236K20xas long as short
Lighter GOOGL+0.0272%1h356.53+0.062%$2.1M$1.1M20xas long as short
edgeX GOOGLUSDC+0.0806%4h356.54+0.065%$210K$1.2M10xas long as short