Spread before costs (cost unknown: a leg has no order-book sample)+0.067%
7d average—if it closes, per $10,000$7funding while held, a day+$4.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff GOOGL-PERP | 355.68 | −0.0048 | get 0.0006% / 1h | 47m 15s | $33K | — | 20x |
| Short | Orderly PERP_GOOGL_USDC | 355.92 | 0.0100 | get 0.0100% / 8h | 5h 47m | $11K | $9K | 20x |
Hotstuff GOOGL-PERP
Orderly PERP_GOOGL_USDCPrice 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
- $6.75
- Funding while held
- $4.44
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $0.19
- Spread needed to break even
- 0.110%
Slippage unknown: Hotstuff: no order-book sample; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0148%
- Per $10,000 a day
- +$4.44
- 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 Hotstuff no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
Hotstuff and Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps355.52cheapestVariational Omni355.58+0.018%Phoenix355.62+0.028%KuCoin355.67+0.042%
Ondo Perps
Variational Omni
Phoenix
KuCoinHotstuff355.68+0.045%
Aftermath Perps355.74+0.062%Pacifica355.75+0.064%ApeX Omni355.77+0.070%Nado355.78+0.073%Gate355.84+0.090%Phemex355.84+0.090%Polymarket Perps355.85+0.093%tradeXYZ355.86+0.096%SoDEX355.86+0.096%Bitget355.87+0.098%edgeX355.87+0.099%Aevo355.89+0.103%Deribit355.90+0.107%
Pacifica
ApeX Omni
Nado
Gate
Phemex
Polymarket Perps
tradeXYZ
SoDEX
Bitget
Aevo
DeribitOrderly355.92+0.113%
Paradex355.92+0.113%Arcus355.93+0.115%QFEX355.94+0.118%BloFin355.94+0.118%Bybit355.97+0.127%Coinbase International355.98+0.129%Extended355.98+0.130%SunX355.99+0.132%Binance356.00+0.135%OKX356.00+0.135%Aster356.02+0.140%Lighter RH356.03+0.143%Vest356.07+0.155%HTX356.07+0.155%Lighter356.08+0.158%Injective357.12+0.450%
Paradex
Arcus
QFEX
BloFin
Bybit
Coinbase International
Extended
SunX
Binance
OKX
Aster
Lighter RH
Vest
HTX
Lighter
InjectiveGOOGL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps GOOGL-USD.P | −0.045% | +0.0050% | 1h | $2.3M | $4.3M | 15x | as long as short |
| Variational Omni GOOGL | −0.027% | +0.0029% | 8h | $4.2M | $2.3M | — | as long as short |
| Phoenix GOOGL | −0.017% | +0.0112% | 1h | $137K | $47K | 20x | as long as short |
| KuCoin GOOGLUSDTM | −0.003% | +0.0100% | 8h | $3.0M | $65K | 20x | as long as short |
| Hotstuff GOOGL-PERPlong | 0.000% | −0.0048% | 1h | $33K | — | 20x | |
| Aftermath Perps GOOGLUSD | +0.017% | +0.0173% | 1h | $144K | $54K | 10x | as long as short |
| Pacifica GOOGL | +0.019% | +0.0100% | 1h | $44K | $42K | 10x | as long as short |
| ApeX Omni GOOGLUSDT | +0.025% | +0.0100% | 1h | $21K | $9K | 50x | as long as short |
| Nado GOOGL-PERP | +0.028% | +0.0074% | 1h | $555K | $77K | 20x | as long as short |
| Gate GOOGL_USDT | +0.045% | 0.0000% | 8h | $3.6M | $6.7M | 100x | as long as short |