Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.008%
Price spread now: Pacifica against Phoenix+0.107%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 Pacifica is 0.107% dearer against Phoenix than usual: you sell high and buy low: +$11 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 | Phoenix GOOGL | 356.68 | 0.0090 | pay 0.0011% / 1h | 17m 24s | $137K | $36K | 20x |
| Short | Pacifica GOOGL | 357.06 | 0.0100 | get 0.0013% / 1h | 17m 24s | $42K | $25K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Phoenix. 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
- $2.19
- Price spread: +0.107% → 0.000%
- $10.65
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$2.15
- Costs to cover
- 0.150%
- Break-even
- 13.9 days
Slippage unknown: Phoenix: live order book, 8 min ago; Pacifica: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix live order book, 8 min ago | 2.81 bp | 8.4 bp −$8 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
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 | −0.0080% | 1h | 356.42 | −0.073% | $513K | $1.1M | 10x | as long as short |
| Aster GOOGLUSDT | 0.0000% | 8h | 357.14 | +0.129% | $367K | $423K | 20x | as long as short |
| Extended GOOGL-USD | 0.0000% | 1h | 357.37 | +0.194% | $424K | $2.5M | 20x | as long as short |
| Binance GOOGLUSDT | 0.0000% | 8h | 357.49 | +0.228% | $72.3M | $142.1M | 50x | as long as short |
| Bybit GOOGLUSDT | 0.0000% | 8h | 357.44 | +0.213% | $11.5M | $7.4M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | 0.0000% | 8h | 357.45 | +0.216% | $13.5M | $13.3M | 50x | as long as short |
| Gate GOOGL_USDT | 0.0000% | 8h | 357.31 | +0.177% | $3.6M | $7.1M | 100x | as long as short |
| Bitget GOOGLUSDT | 0.0000% | 8h | 357.57 | +0.250% | $17.3M | $9.7M | 100x | as long as short |
| Variational Omni GOOGL | 0.0000% | 8h | 357.07 | +0.110% | $4.8M | $2.4M | — | as long as short |
| GRVT GOOGL_USDT_Perp | 0.0000% | 8h | 357.21 | +0.150% | $23K | $442K | 10x | as long as short |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX GOOGL-USDT | 0.0000% | 8h | 357.34 | +0.185% | $1K | $3.9M | 20x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.42 | +0.207% | $115K | $209K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.28 | +0.168% | $2.7M | $92K | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0016% | 1h | 357.15 | +0.132% | $33K | — | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0029% | 1h | 357.03 | +0.099% | $144K | $44K | 10x | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.28 | +0.168% | $1.4M | $1.9M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | +0.123% | $128K | $45K | 30x | as long as short |
| QFEX GOOGL-USD | +0.0039% | 1h | 357.37 | +0.193% | $1.3M | $4.1M | 10x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.18 | +0.140% | $210K | $283K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.42 | +0.207% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.19 | +0.143% | $98.2M | $21.3M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.02 | +0.095% | $685K | $414K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.11 | +0.121% | $125 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.19 | +0.143% | $2.3M | $4.0M | 15x | as long as short |
| Nado GOOGL-PERP | +0.0051% | 1h | 357.09 | +0.115% | $549K | $87K | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0060% | 8h | 357.31 | +0.177% | $293 | $253 | 5x | as long as short |
| BloFin GOOGL-USDT | +0.0062% | 8h | 357.36 | +0.191% | $691K | $234K | 20x | as long as short |
| KuCoin GOOGLUSDTM | +0.0064% | 8h | 356.93 | +0.070% | $3.0M | $162K | 20x | as long as short |
| Phoenix GOOGLlong | +0.0090% | 1h | 356.68 | long leg | $137K | $36K | 20x | |
| Pacifica GOOGLshort | +0.0100% | 1h | 357.06 | +0.107% | $42K | $25K | 10x | |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 356.94 | +0.073% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.26 | +0.163% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.01 | +0.093% | $25K | — | 10x | as long as short |
| Lighter GOOGL | +0.0192% | 1h | 357.32 | +0.179% | $2.0M | $1.3M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.0254% | 1h | 357.18 | +0.140% | $24K | $149K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0879% | 4h | 357.25 | +0.159% | $208K | $1.2M | 10x | as long as short |
Phoenix GOOGL
Pacifica GOOGL
Coinbase International GOOGL-PERP-INTX
Aster GOOGLUSDT
Extended GOOGL-USD
Binance GOOGLUSDT
Bybit GOOGLUSDT
OKX GOOGL-USDT-SWAP
Gate GOOGL_USDT
Bitget GOOGLUSDT
Variational Omni GOOGL
GRVT GOOGL_USDT_Perp
SunX GOOGL-USDT
HTX GOOGL-USDT
Phemex GOOGLUSDT
Aftermath Perps GOOGLUSD
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
Paradex GOOGL-USD-PERP
BloFin GOOGL-USDT
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
Lighter GOOGL
Deribit GOOGL_USDC-PERPETUAL
edgeX GOOGLUSDC