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+0.0057%/8h= +6.2% APRnext payment +$0.07 per $10,000 · paid last 24h +0.005%
Price spread now: Phoenix against Pacifica+0.067%47s7-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 +$2 a day on $10k at the current rate, and Phoenix is 0.067% dearer against Pacifica than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica GOOGL356.250.0100pay 0.0013% / 1h38m 13s$42K$45K10x
ShortPhoenix GOOGL356.490.0157get 0.0020% / 1h38m 13s$137K$48K20x

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
$11.98
Price spread: +0.067% → 0.000%
$6.75
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$3.73
Costs to cover
0.150%
Break-even
4.8 days
Slippage unknown: Pacifica: no order-book sample; Phoenix: live order book, 32 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, 32 min ago3.09 bp9.1 bp −$919.2 bp −$192doesn'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
Gate GOOGL_USDT0.0000%8h356.49+0.067%$3.6M$7.5M100xas long as short
SunX GOOGL-USDT0.0000%8h356.61+0.101%$1K$4.2M20xas long as short
HTX GOOGL-USDT0.0000%8h356.75+0.140%$115K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.76+0.143%$2.7M$66K10xas long as short
Coinbase International GOOGL-PERP-INTX+0.0008%1h356.40+0.042%$530K$1.1M10xas long as short
Aftermath Perps GOOGLUSD+0.0015%1h356.41+0.046%$144K$54K10xas long as short
Lighter RH GOOGL+0.0032%1h356.63+0.107%$1.4M$2.5M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.244%$128K$45K30xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.52+0.076%$5K25xas long as short
GRVT GOOGL_USDT_Perp+0.0047%8h356.59+0.096%$23K$474K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps GOOG-USD+0.0050%1h356.36+0.031%$683K$437K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.28+0.009%$197$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.24−0.003%$2.3M$4.9M15xas long as short
Variational Omni GOOGL+0.0054%8h356.55+0.084%$4.7M$2.6Mas long as short
QFEX GOOGL-USD+0.0060%1h356.51+0.073%$1.3M$4.9M10xas long as short
tradeXYZ xyz:GOOGL+0.0066%1h356.28+0.009%$98.8M$25.2M20xas long as short
Paradex GOOGL-USD-PERP+0.0089%8h356.53+0.078%$292$2535xas long as short
Bybit GOOGLUSDT+0.0097%8h356.68+0.121%$11.5M$7.7M100xas long as short
Pacifica GOOGLlong+0.0100%1h356.25long leg$42K$45K10x
KuCoin GOOGLUSDTM+0.0100%8h356.32+0.020%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.39+0.039%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.53+0.079%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.53+0.079%$25K10xas long as short
Aster GOOGLUSDT+0.0107%8h356.75+0.139%$362K$455K20xas long as short
Nado GOOGL-PERP+0.0110%1h356.30+0.014%$559K$82K20xas long as short
Bitget GOOGLUSDT+0.0116%8h356.63+0.107%$16.9M$9.3M100xas long as short
Extended GOOGL-USD+0.0128%1h356.55+0.084%$421K$1.6M20xas long as short
Binance GOOGLUSDT+0.0129%8h356.61+0.101%$73.1M$142.9M50xas long as short
OKX GOOGL-USDT-SWAP+0.0148%8h356.64+0.110%$13.9M$12.9M50xas long as short
Phoenix GOOGLshort+0.0157%1h356.49+0.067%$137K$48K20x
Hotstuff GOOGL-PERP+0.0176%1h356.31+0.017%$33K20xas long as short
Deribit GOOGL_USDC-PERPETUAL+0.0199%1h356.42+0.048%$23K$152K10xas long as short
BloFin GOOGL-USDT+0.0248%8h356.71+0.129%$692K$236K20xas long as short
Arcus GOOGL-USD+0.0250%1h356.40+0.042%$202K$271K10xas long as short
Lighter GOOGL+0.0304%1h356.62+0.104%$2.1M$1.1M20xas long as short
edgeX GOOGLUSDC+0.0343%4h356.59+0.095%$208K$1.2M10xas long as short