After costs, if the gap returns to its 7d average, $10k−$88
spread now+0.214%7d average+0.026%fees + slippage, in and out−$107spread needed1.067%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GOOGLUSDT | 349.81 | 0.0279 | pay 0.0279% / 8h | 2h 27m | $76.5M | $47.8M | 50x |
| Short | Phemex GOOGLUSDT | 350.56 | 0 | get 0.0000% / 4h | 2h 27m | $2.7M | $24K | 10x |
Binance GOOGLUSDT
Phemex GOOGLUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $21.44
- Funding while held
- −$8.38
- Slippage, 4 orders
- −$84.72
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$93.66
- Spread needed to break even
- 1.067%
Slippage from Binance: live order book, 1 min ago; Phemex: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0279%
- Per $10,000 a day
- −$8.38
- Average in range /8h
- —
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 Binance live order book, 1 min ago | 0.28 bp | 5.4 bp −$5 | 10.7 bp −$107 | 44.6 bp −$4,461 | doesn't fit |
| Sell Phemex live order book, 2 min ago | 2.42 bp | 44.5 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
GOOGL price on every exchange
against the cheapest. Click to use as the short leg.Nado349.50cheapestOndo Perps349.52+0.006%Variational Omni349.56+0.017%OKX349.72+0.063%Bybit349.75+0.072%
Nado
Ondo Perps
Variational Omni
OKX
BybitBinance349.81+0.089%
Pacifica349.84+0.097%Aevo349.86+0.103%HTX349.88+0.109%Extended349.93+0.124%Lighter RH349.94+0.126%Coinbase International349.99+0.141%tradeXYZ350.00+0.143%Lighter350.02+0.149%Orderly350.04+0.155%edgeX350.05+0.157%SoDEX350.08+0.166%Aster350.10+0.173%SunX350.16+0.189%Vest350.19+0.198%Bitget350.27+0.221%Deribit350.28+0.224%Gate350.29+0.226%KuCoin350.30+0.229%ApeX Omni350.36+0.246%Polymarket Perps350.38+0.252%Hotstuff350.53+0.295%Aftermath Perps350.54+0.297%
Pacifica
Aevo
HTX
Extended
Lighter RH
Coinbase International
tradeXYZ
Lighter
Orderly
SoDEX
Aster
SunX
Vest
Bitget
Deribit
Gate
KuCoin
ApeX Omni
Polymarket Perps
HotstuffPhemex350.56+0.304%
Arcus350.60+0.315%Phoenix350.63+0.324%Paradex350.70+0.343%QFEX351.02+0.435%Injective351.20+0.487%BloFin351.67+0.621%
Arcus
Phoenix
Paradex
QFEX
Injective
BloFinGOOGL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERP | −0.089% | +0.0133% | 1h | $566K | $44K | 20x | as long as short |
| Ondo Perps GOOGL-USD.P | −0.083% | +0.0050% | 1h | $2.6M | $2.9M | 15x | as long as short |
| Variational Omni GOOGL | −0.072% | +0.0239% | 8h | $4.1M | $2.0M | — | as long as short |
| OKX GOOGL-USDT-SWAP | −0.026% | +0.0304% | 8h | $13.8M | $6.2M | 50x | as long as short |
| Bybit GOOGLUSDT | −0.017% | +0.0449% | 8h | $12.0M | $4.2M | 100x | as long as short |
| Binance GOOGLUSDTlong | 0.000% | +0.0279% | 8h | $76.5M | $47.8M | 50x | |
| Pacifica GOOGL | +0.007% | +0.0100% | 1h | $47K | $37K | 10x | as long as short |
| Aevo GOOGL-PERP | +0.014% | +0.0104% | 1h | $24K | — | 10x | as long as short |
| HTX GOOGL-USDT | +0.020% | 0.0000% | 8h | $117K | $213K | 30x | as long as short |
| Extended GOOGL-USD | +0.035% | +0.0280% | 1h | $429K | $1.6M | 20x | as long as short |