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

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.11 per $10,000 · paid last 24h +0.024%
Price spread now: Phoenix against SoDEX+0.039%70s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Phoenix is 0.039% dearer against SoDEX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX GOOGL-USD357.150.0050pay 0.0006% / 1h8m 01s$159$46K10x
ShortPhoenix GOOGL357.290.0134get 0.0017% / 1h8m 01s$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
$17.69
Price spread: +0.039% → 0.000%
$3.92
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$6.61
Costs to cover
0.150%
Break-even
4.4 days
Slippage unknown: SoDEX: no order-book sample; Phoenix: live order book, 33 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, 33 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
Nado GOOGL-PERP−0.0022%1h357.17+0.007%$557K$86K20xas long as short
OKX GOOGL-USDT-SWAP0.0000%8h357.40+0.070%$13.7M$12.8M50xas long as short
Gate GOOGL_USDT0.0000%8h357.27+0.034%$3.6M$7.4M100xas long as short
Bitget GOOGLUSDT0.0000%8h357.42+0.076%$17.3M$9.9M100xas long as short
Variational Omni GOOGL0.0000%8h357.45+0.085%$4.7M$2.4Mas long as short
GRVT GOOGL_USDT_Perp0.0000%8h357.48+0.091%$23K$446K10xas long as short
SunX GOOGL-USDT0.0000%8h357.38+0.064%$1K$4.1M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h357.18+0.008%$24K$156K10xas long as short
HTX GOOGL-USDT0.0000%8h357.48+0.092%$115K$213K30xas long as short
Phemex GOOGLUSDT0.0000%4h357.53+0.106%$2.7M$87K10xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff GOOGL-PERP+0.0016%1h357.09−0.017%$33K20xas long as short
Coinbase International GOOGL-PERP-INTX+0.0016%1h356.88−0.076%$519K$1.1M10xas long as short
Aftermath Perps GOOGLUSD+0.0020%1h357.28+0.036%$145K$47K10xas long as short
Lighter RH GOOGL+0.0032%1h357.34+0.053%$1.3M$2.1M20xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12−0.008%$128K$45K30xas long as short
Arcus GOOGL-USD+0.0040%1h357.16+0.003%$207K$278K10xas long as short
Vest GOOGL-USD-PERP+0.0046%1h357.45+0.084%$5K25xas long as short
Aster GOOGLUSDT+0.0046%8h357.53+0.106%$366K$426K20xas long as short
QFEX GOOGL-USD+0.0047%1h357.24+0.025%$1.2M$4.2M10xas long as short
tradeXYZ xyz:GOOGL+0.0050%1h357.16+0.003%$98.2M$21.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h357.14−0.003%$685K$430K10xas long as short
SoDEX GOOGL-USDlong+0.0050%1h357.15long leg$159$46K10x
Ondo Perps GOOGL-USD.P+0.0050%1h357.19+0.011%$2.3M$4.8M15xas long as short
Paradex GOOGL-USD-PERP+0.0057%8h357.30+0.043%$293$2535xas long as short
Extended GOOGL-USD+0.0064%1h357.27+0.033%$422K$1.2M20xas long as short
Binance GOOGLUSDT+0.0067%8h357.37+0.062%$72.1M$143.7M50xas long as short
Pacifica GOOGL+0.0100%1h357.14−0.004%$42K$39K10xas long as short
KuCoin GOOGLUSDTM+0.0100%8h356.90−0.070%$3.0M$106K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h357.30+0.042%$22K$10K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h357.20+0.014%$10K$11K20xas long as short
Aevo GOOGL-PERP+0.0104%1h357.25+0.028%$25K10xas long as short
Lighter GOOGL+0.0112%1h357.34+0.053%$2.0M$1.3M20xas long as short
Phoenix GOOGLshort+0.0134%1h357.29+0.039%$137K$36K20x
BloFin GOOGL-USDT+0.0187%8h357.40+0.070%$685K$236K20xas long as short
Bybit GOOGLUSDT+0.0199%8h357.33+0.050%$12.0M$7.6M100xas long as short
edgeX GOOGLUSDC+0.0578%4h357.45+0.085%$208K$1.2M10xas long as short