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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.024%
Price spread now: Phoenix against SoDEX−0.003%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX GOOGL-USD356.640.0050pay 0.0006% / 1h40m 54s$154$46K10x
ShortPhoenix GOOGL356.630.0090get 0.0011% / 1h40m 54s$137K$36K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against SoDEX. 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
$8.32
Price spread: −0.003% → 0.000%
−$0.28
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$6.96
Costs to cover
0.150%
Break-even
12.9 days
Slippage unknown: SoDEX: no order-book sample; Phoenix: live order book, 60 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 SoDEX no order-book sample
Sell Phoenix live order book, 60 min ago3.08 bp9.2 bp −$919.7 bp −$197doesn't fitdoesn't fit
SoDEX: 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%1h356.60−0.011%$511K$1.1M10xas long as short
Hotstuff GOOGL-PERP−0.0008%1h356.68+0.011%$33K20xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h356.86+0.062%$13.6M$13.0M50xas long as short
Gate GOOGL_USDT0.0000%8h356.72+0.022%$3.6M$7.5M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.00+0.101%$17.3M$9.8M100xas long as short
Variational Omni GOOGL0.0000%8h356.77+0.037%$4.8M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h356.91+0.076%$23K$445K10xas long as short
SunX GOOGL-USDT0.0000%8h356.83+0.053%$1K$4.0M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.56−0.022%$24K$156K10xas long as short
HTX GOOGL-USDT0.0000%8h356.95+0.087%$115K$212K30xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex GOOGLUSDT0.0000%4h357.03+0.109%$2.7M$87K10xas long as short
Aftermath Perps GOOGLUSD+0.0023%1h356.65+0.004%$144K$46K10xas long as short
Lighter RH GOOGL+0.0032%1h356.78+0.039%$1.3M$2.1M20xas long as short
Aster GOOGLUSDT+0.0033%8h357.16+0.145%$365K$424K20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.135%$128K$45K30xas long as short
Nado GOOGL-PERP+0.0034%1h356.65+0.002%$549K$90K20xas long as short
QFEX GOOGL-USD+0.0038%1h356.80+0.045%$1.2M$4.2M10xas long as short
Arcus GOOGL-USD+0.0040%1h356.63−0.003%$207K$278K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.87+0.064%$5K25xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h356.640.000%$98.0M$21.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.60−0.011%$684K$430K10xas long as short
SoDEX GOOGL-USDlong+0.0050%1h356.64long leg$154$46K10x
Ondo Perps GOOGL-USD.P+0.0050%1h356.39−0.070%$2.3M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0054%8h356.73+0.024%$293$2535xas long as short
Binance GOOGLUSDT+0.0055%8h356.82+0.051%$72.0M$143.7M50xas long as short
Extended GOOGL-USD+0.0056%1h356.74+0.028%$423K$1.2M20xas long as short
Phoenix GOOGLshort+0.0090%1h356.63−0.003%$137K$36K20x
Pacifica GOOGL+0.0100%1h356.63−0.004%$42K$39K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.59−0.014%$3.0M$103K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.76+0.034%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.66+0.006%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.67+0.009%$25K10xas long as short
Lighter GOOGL+0.0144%1h356.82+0.050%$2.0M$1.3M20xas long as short
Bybit GOOGLUSDT+0.0174%8h356.90+0.073%$11.9M$7.5M100xas long as short
BloFin GOOGL-USDT+0.0175%8h356.90+0.073%$689K$235K20xas long as short
edgeX GOOGLUSDC+0.0400%4h356.88+0.067%$208K$1.2M10xas long as short