After costs, if the gap returns to its 7d average, $10k−$27
spread now+0.118%7d average−0.051%fees + slippage, in and out−$44spread needed0.441%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate GOOGL_USDT | 356.23 | 0 | get 0.0000% / 8h | 1h 28m | $3.6M | $5.0M | 100x |
| Short | Phoenix GOOGL | 356.65 | 0.0158 | get 0.0020% / 1h | 28m 38s | $137K | $48K | 20x |
Gate GOOGL_USDT
Phoenix GOOGLPrice 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
- $11.79
- Funding while held
- $4.75
- Slippage, 4 orders
- −$22.07
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$27.53
- Spread needed to break even
- 0.441%
Slippage from Gate: live order book, 1 min ago; Phoenix: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0158%
- Per $10,000 a day
- +$4.75
- 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 Gate live order book, 1 min ago | 1.83 bp | 13.8 bp −$14 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 15 min ago | 3.09 bp | 8.9 bp −$9 | 19.2 bp −$192 | doesn't fit | doesn't fit |
GOOGL price on every exchange
against the cheapest. Click to use as the short leg.Polymarket Perps356.11cheapestPacifica356.20+0.024%Hotstuff356.21+0.028%
Polymarket Perps
Pacifica
HotstuffGate356.23+0.034%
Deribit356.23+0.034%Nado356.25+0.039%Aevo356.25+0.040%tradeXYZ356.26+0.042%Orderly356.27+0.045%SoDEX356.27+0.045%KuCoin356.32+0.059%Variational Omni356.33+0.062%Ondo Perps356.34+0.065%Aftermath Perps356.35+0.066%Arcus356.37+0.073%Vest356.37+0.073%Aster356.41+0.083%ApeX Omni356.42+0.087%BloFin356.43+0.090%Lighter RH356.45+0.095%Extended356.49+0.106%Paradex356.50+0.108%SunX356.50+0.110%Phemex356.50+0.110%Bybit356.57+0.129%Binance356.60+0.138%Lighter356.61+0.140%QFEX356.61+0.140%OKX356.62+0.143%HTX356.64+0.149%
Deribit
Nado
Aevo
tradeXYZ
Orderly
SoDEX
KuCoin
Variational Omni
Ondo Perps
Arcus
Vest
Aster
ApeX Omni
BloFin
Lighter RH
Extended
Paradex
SunX
Phemex
Bybit
Binance
Lighter
QFEX
OKX
HTXPhoenix356.65+0.152%
Bitget356.69+0.163%edgeX356.91+0.226%Injective357.12+0.284%Coinbase International357.21+0.309%
Bitget
Injective
Coinbase InternationalGOOGL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps GOOG-USD | −0.034% | +0.0050% | 1h | $663K | $401K | 10x | as long as short |
| Pacifica GOOGL | −0.009% | +0.0100% | 1h | $45K | $41K | 10x | as long as short |
| Hotstuff GOOGL-PERP | −0.006% | +0.0096% | 1h | $33K | — | 20x | as long as short |
| Gate GOOGL_USDTlong | 0.000% | 0.0000% | 8h | $3.6M | $5.0M | 100x | |
| Deribit GOOGL_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $22K | $133K | 10x | as long as short |
| Nado GOOGL-PERP | +0.005% | +0.0051% | 1h | $582K | $54K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.007% | +0.0104% | 1h | $25K | — | 10x | as long as short |
| tradeXYZ xyz:GOOGL | +0.008% | +0.0050% | 1h | $99.3M | $20.2M | 20x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.011% | +0.0100% | 8h | $11K | $12K | 20x | as long as short |
| SoDEX GOOGL-USD | +0.011% | +0.0050% | 1h | $196 | $31K | 10x | as long as short |