After costs, if the gap returns to its 7d average, $10k−$25
spread now−0.008%7d average−0.072%fees + slippage, in and out−$32spread needed0.317%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX GOOGL-USDT-SWAP | 356.17 | 0.0072 | pay 0.0072% / 8h | 6h 26m | $13.8M | $12.0M | 50x |
| Short | Phoenix GOOGL | 356.14 | 0.0157 | get 0.0020% / 1h | 26m 39s | $137K | $49K | 20x |
OKX GOOGL-USDT-SWAP
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
- −$0.84
- Funding while held
- $2.55
- Slippage, 4 orders
- −$14.7
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$29.99
- Spread needed to break even
- 0.317%
Slippage from OKX: live order book, 3 min ago; Phoenix: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0085%
- Per $10,000 a day
- +$2.55
- 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 OKX live order book, 3 min ago | 0.14 bp | 7.4 bp −$7 | 11.3 bp −$113 | 40.6 bp −$4,062 | doesn't fit |
| Sell Phoenix live order book, 2 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.KuCoin355.95cheapestApeX Omni355.99+0.011%Ondo Perps356.00+0.014%Nado356.02+0.021%Gate356.05+0.028%tradeXYZ356.07+0.034%Aftermath Perps356.07+0.035%Aster356.09+0.039%Polymarket Perps356.09+0.039%Coinbase International356.09+0.039%Hotstuff356.11+0.045%SoDEX356.11+0.045%Pacifica356.12+0.048%Deribit356.13+0.051%
KuCoin
ApeX Omni
Ondo Perps
Nado
Gate
tradeXYZ
Aster
Polymarket Perps
Coinbase International
Hotstuff
SoDEX
Pacifica
DeribitPhoenix356.14+0.053%
Arcus356.15+0.056%BloFin356.15+0.056%
Arcus
BloFinOKX356.17+0.062%
Aevo356.18+0.065%edgeX356.19+0.066%Lighter RH356.20+0.070%Bitget356.20+0.070%Orderly356.20+0.070%Extended356.20+0.071%Binance356.21+0.073%SunX356.22+0.076%Paradex356.23+0.079%QFEX356.24+0.081%Variational Omni356.25+0.086%Lighter356.27+0.090%Bybit356.27+0.090%Phemex356.28+0.093%HTX356.33+0.107%Vest356.36+0.115%Injective357.12+0.329%
Aevo
Lighter RH
Bitget
Orderly
Extended
Binance
SunX
Paradex
QFEX
Variational Omni
Lighter
Bybit
Phemex
HTX
Vest
InjectiveGOOGL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin GOOGLUSDTM | −0.062% | +0.0100% | 8h | $3.0M | $63K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | −0.051% | +0.0100% | 1h | $21K | $10K | 50x | as long as short |
| Ondo Perps GOOGL-USD.P | −0.048% | +0.0050% | 1h | $2.3M | $4.3M | 15x | as long as short |
| Nado GOOGL-PERP | −0.041% | +0.0049% | 1h | $555K | $77K | 20x | as long as short |
| Gate GOOGL_USDT | −0.034% | 0.0000% | 8h | $3.6M | $6.6M | 100x | as long as short |
| tradeXYZ xyz:GOOGL | −0.028% | +0.0050% | 1h | $98.8M | $23.1M | 20x | as long as short |
| Aftermath Perps GOOGLUSD | −0.027% | +0.0158% | 1h | $144K | $55K | 10x | as long as short |
| Aster GOOGLUSDT | −0.023% | +0.0124% | 8h | $361K | $538K | 20x | as long as short |
| Polymarket Perps GOOG-USD | −0.022% | +0.0050% | 1h | $676K | $414K | 10x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.022% | +0.0088% | 1h | $529K | $986K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Hotstuff GOOGL-PERP | −0.017% | +0.0112% | 1h | $33K | — | 20x | as long as short |
| SoDEX GOOGL-USD | −0.017% | +0.0050% | 1h | $890 | $34K | 10x | as long as short |
| Pacifica GOOGL | −0.014% | +0.0100% | 1h | $44K | $42K | 10x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | −0.011% | 0.0000% | 1h | $23K | $146K | 10x | as long as short |
| Phoenix GOOGLshort | −0.008% | +0.0157% | 1h | $137K | $49K | 20x | |
| Arcus GOOGL-USD | −0.006% | +0.0081% | 1h | $202K | $280K | 10x | as long as short |
| BloFin GOOGL-USDT | −0.006% | +0.0256% | 8h | $705K | $190K | 20x | as long as short |
| OKX GOOGL-USDT-SWAPlong | 0.000% | +0.0072% | 8h | $13.8M | $12.0M | 50x | |
| Aevo GOOGL-PERP | +0.003% | +0.0104% | 1h | $25K | — | 10x | as long as short |
| edgeX GOOGLUSDC | +0.004% | +0.0958% | 4h | $209K | $1.0M | 10x | as long as short |
| Lighter RH GOOGL | +0.008% | +0.0032% | 1h | $1.3M | $2.7M | 20x | as long as short |
| Bitget GOOGLUSDT | +0.008% | +0.0150% | 8h | $17.1M | $8.0M | 100x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.008% | +0.0100% | 8h | $11K | $9K | 20x | as long as short |
| Extended GOOGL-USD | +0.009% | +0.0136% | 1h | $417K | $1.7M | 20x | as long as short |
| Binance GOOGLUSDT | +0.011% | +0.0135% | 8h | $76.9M | $115.5M | 50x | as long as short |
| SunX GOOGL-USDT | +0.014% | 0.0000% | 8h | $1K | $4.1M | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.017% | +0.0053% | 8h | $292 | $253 | 5x | as long as short |
| QFEX GOOGL-USD | +0.020% | +0.0054% | 1h | $1.3M | $3.6M | 10x | as long as short |
| Variational Omni GOOGL | +0.024% | +0.0073% | 8h | $4.4M | $2.1M | — | as long as short |
| Lighter GOOGL | +0.028% | +0.0120% | 1h | $2.0M | $1.1M | 20x | as long as short |
| Bybit GOOGLUSDT | +0.028% | 0.0000% | 8h | $11.3M | $6.6M | 100x | as long as short |
| Phemex GOOGLUSDT | +0.031% | 0.0000% | 4h | $2.7M | $57K | 10x | as long as short |
| HTX GOOGL-USDT | +0.045% | 0.0000% | 8h | $113K | $228K | 30x | as long as short |
| Vest GOOGL-USD-PERP | +0.053% | +0.0046% | 1h | — | $3K | 25x | as long as short |
| Injective GOOGL/USDC PERP | +0.267% | +0.0033% | 1h | $128K | $96K | 30x | as long as short |