Spread before costs (cost unknown: a leg has no order-book sample)−0.028%
7d average—if it closes, per $10,000$3funding while held, a day+$2.04
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH GOOGL | 355.70 | 0.0032 | pay 0.0004% / 1h | 4m 20s | $1.4M | $2.9M | 20x |
| Short | Orderly PERP_GOOGL_USDC | 355.60 | 0.0100 | get 0.0100% / 8h | 5h 04m | $11K | $9K | 20x |
Lighter RH GOOGL
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
- −$2.81
- Funding while held
- $2.04
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$6.77
- Spread needed to break even
- 0.060%
Slippage unknown: Lighter RH: live order book, 5 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0068%
- Per $10,000 a day
- +$2.04
- 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 Lighter RH live order book, 5 min ago | 1.55 bp | 2.4 bp −$2 | 4.1 bp −$41 | 38.9 bp −$3,892 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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.ApeX Omni355.06cheapestCoinbase International355.23+0.048%Phoenix355.26+0.056%KuCoin355.30+0.068%Variational Omni355.31+0.070%OKX355.35+0.082%edgeX355.35+0.083%Aftermath Perps355.37+0.088%Pacifica355.41+0.099%Ondo Perps355.42+0.101%Nado355.45+0.109%Aster355.51+0.127%Polymarket Perps355.51+0.127%Deribit355.51+0.127%Aevo355.53+0.131%Arcus355.53+0.132%Gate355.53+0.132%tradeXYZ355.54+0.135%SoDEX355.55+0.138%QFEX355.56+0.141%Hotstuff355.57+0.144%
ApeX Omni
Coinbase International
Phoenix
KuCoin
Variational Omni
OKX
Pacifica
Ondo Perps
Nado
Aster
Polymarket Perps
Deribit
Aevo
Arcus
Gate
tradeXYZ
SoDEX
QFEX
HotstuffOrderly355.60+0.152%
Extended355.60+0.153%Paradex355.61+0.155%Binance355.62+0.159%Bitget355.63+0.161%SunX355.63+0.161%BloFin355.63+0.161%Bybit355.66+0.169%
Extended
Paradex
Binance
Bitget
SunX
BloFin
BybitLighter RH355.70+0.180%
Phemex355.70+0.180%Vest355.73+0.189%Lighter355.76+0.197%HTX355.76+0.197%Injective357.12+0.580%
Phemex
Vest
Lighter
HTX
InjectiveGOOGL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni GOOGLUSDT | −0.180% | +0.0100% | 1h | $21K | $9K | 50x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.132% | +0.0056% | 1h | $518K | $999K | 10x | as long as short |
| Phoenix GOOGL | −0.124% | +0.0112% | 1h | $137K | $47K | 20x | as long as short |
| KuCoin GOOGLUSDTM | −0.112% | +0.0100% | 8h | $3.0M | $67K | 20x | as long as short |
| Variational Omni GOOGL | −0.110% | 0.0000% | 8h | $4.3M | $2.3M | — | as long as short |
| OKX GOOGL-USDT-SWAP | −0.098% | +0.0026% | 8h | $13.8M | $12.1M | 50x | as long as short |
| edgeX GOOGLUSDC | −0.098% | +0.0191% | 4h | $207K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | −0.092% | +0.0125% | 1h | $144K | $55K | 10x | as long as short |
| Pacifica GOOGL | −0.081% | +0.0100% | 1h | $44K | $42K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | −0.079% | +0.0050% | 1h | $2.2M | $4.6M | 15x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERP | −0.071% | +0.0077% | 1h | $554K | $77K | 20x | as long as short |
| Aster GOOGLUSDT | −0.054% | +0.0046% | 8h | $361K | $480K | 20x | as long as short |
| Polymarket Perps GOOG-USD | −0.053% | +0.0050% | 1h | $689K | $430K | 10x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | −0.053% | 0.0000% | 1h | $22K | $148K | 10x | as long as short |
| Aevo GOOGL-PERP | −0.049% | +0.0104% | 1h | $25K | — | 10x | as long as short |
| Arcus GOOGL-USD | −0.048% | +0.0077% | 1h | $201K | $300K | 10x | as long as short |
| Gate GOOGL_USDT | −0.048% | 0.0000% | 8h | $3.6M | $7.0M | 100x | as long as short |
| tradeXYZ xyz:GOOGL | −0.045% | +0.0050% | 1h | $98.2M | $24.1M | 20x | as long as short |
| SoDEX GOOGL-USD | −0.042% | +0.0050% | 1h | $3K | $38K | 10x | as long as short |
| QFEX GOOGL-USD | −0.039% | +0.0037% | 1h | $1.3M | $4.2M | 10x | as long as short |
| Hotstuff GOOGL-PERP | −0.037% | +0.0008% | 1h | $33K | — | 20x | as long as short |
| Orderly PERP_GOOGL_USDCshort | −0.028% | +0.0100% | 8h | $11K | $9K | 20x | |
| Extended GOOGL-USD | −0.028% | +0.0064% | 1h | $417K | $1.6M | 20x | as long as short |
| Paradex GOOGL-USD-PERP | −0.025% | +0.0051% | 8h | $292 | $253 | 5x | as long as short |
| Binance GOOGLUSDT | −0.021% | +0.0060% | 8h | $74.1M | $128.6M | 50x | as long as short |
| Bitget GOOGLUSDT | −0.020% | +0.0117% | 8h | $17.2M | $8.3M | 100x | as long as short |
| SunX GOOGL-USDT | −0.020% | 0.0000% | 8h | $1K | $4.2M | 20x | as long as short |
| BloFin GOOGL-USDT | −0.020% | +0.0180% | 8h | $703K | $207K | 20x | as long as short |
| Bybit GOOGLUSDT | −0.011% | 0.0000% | 8h | $11.2M | $6.9M | 100x | as long as short |
| Lighter RH GOOGLlong | 0.000% | +0.0032% | 1h | $1.4M | $2.9M | 20x | |
| Phemex GOOGLUSDT | 0.000% | 0.0000% | 4h | $2.7M | $57K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.008% | +0.0046% | 1h | — | $3K | 25x | as long as short |
| Lighter GOOGL | +0.017% | +0.0128% | 1h | $2.0M | $1.1M | 20x | as long as short |
| HTX GOOGL-USDT | +0.017% | 0.0000% | 8h | $114K | $228K | 30x | as long as short |
| Injective GOOGL/USDC PERP | +0.399% | +0.0033% | 1h | $128K | $70K | 30x | as long as short |