Spread before costs (cost unknown: a leg has no order-book sample)−0.022%
7d average—if it closes, per $10,000$2funding while held, a day−$0.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GOOGL_USDC | 355.97 | 0.0100 | pay 0.0100% / 8h | 5h 44m | $11K | $9K | 20x |
| Short | Binance GOOGLUSDT | 355.89 | 0.0089 | get 0.0089% / 8h | 5h 44m | $76.3M | $119.3M | 50x |
Orderly PERP_GOOGL_USDC
Binance 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
- −$2.25
- Funding while held
- −$0.34
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$18.58
- Spread needed to break even
- 0.160%
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 15 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0011%
- Per $10,000 a day
- −$0.34
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 0.14 bp | 5.3 bp −$5 | 7.0 bp −$70 | 16.8 bp −$1,676 | doesn't fit |
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.KuCoin355.55cheapestNado355.75+0.055%Ondo Perps355.75+0.056%tradeXYZ355.77+0.062%Hotstuff355.77+0.062%Gate355.78+0.065%Polymarket Perps355.78+0.065%Aftermath Perps355.84+0.083%Bybit355.86+0.087%Arcus355.86+0.087%ApeX Omni355.86+0.087%Paradex355.88+0.093%Extended355.88+0.093%
KuCoin
Nado
Ondo Perps
tradeXYZ
Hotstuff
Gate
Polymarket Perps
Bybit
Arcus
ApeX Omni
Paradex
ExtendedBinance355.89+0.096%
Pacifica355.90+0.098%QFEX355.90+0.098%SoDEX355.90+0.098%Aevo355.90+0.100%Aster355.92+0.103%Lighter RH355.92+0.104%Bitget355.92+0.104%edgeX355.93+0.107%BloFin355.93+0.107%Deribit355.94+0.110%Phoenix355.96+0.115%
Pacifica
QFEX
SoDEX
Aevo
Aster
Lighter RH
Bitget
BloFin
Deribit
PhoenixOrderly355.97+0.118%
Lighter355.98+0.121%OKX355.98+0.121%Coinbase International355.98+0.121%SunX356.03+0.135%Vest356.04+0.138%Variational Omni356.06+0.145%Phemex356.09+0.152%HTX356.10+0.155%Injective357.12+0.442%
Lighter
OKX
Coinbase International
SunX
Vest
Variational Omni
Phemex
HTX
InjectiveGOOGL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin GOOGLUSDTM | −0.118% | +0.0100% | 8h | $3.0M | $65K | 20x | as long as short |
| Nado GOOGL-PERP | −0.063% | +0.0069% | 1h | $555K | $77K | 20x | as long as short |
| Ondo Perps GOOGL-USD.P | −0.062% | +0.0050% | 1h | $2.3M | $4.3M | 15x | as long as short |
| tradeXYZ xyz:GOOGL | −0.056% | +0.0050% | 1h | $98.4M | $23.2M | 20x | as long as short |
| Hotstuff GOOGL-PERP | −0.056% | +0.0016% | 1h | $33K | — | 20x | as long as short |
| Gate GOOGL_USDT | −0.053% | 0.0000% | 8h | $3.6M | $6.7M | 100x | as long as short |
| Polymarket Perps GOOG-USD | −0.053% | +0.0050% | 1h | $690K | $429K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | −0.035% | +0.0173% | 1h | $144K | $54K | 10x | as long as short |
| Bybit GOOGLUSDT | −0.031% | 0.0000% | 8h | $11.2M | $6.8M | 100x | as long as short |
| Arcus GOOGL-USD | −0.031% | +0.0077% | 1h | $201K | $282K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni GOOGLUSDT | −0.031% | +0.0100% | 1h | $21K | $9K | 50x | as long as short |
| Paradex GOOGL-USD-PERP | −0.026% | +0.0051% | 8h | $292 | $253 | 5x | as long as short |
| Extended GOOGL-USD | −0.025% | +0.0088% | 1h | $417K | $1.7M | 20x | as long as short |
| Binance GOOGLUSDTshort | −0.022% | +0.0089% | 8h | $76.3M | $119.3M | 50x | |
| Pacifica GOOGL | −0.020% | +0.0100% | 1h | $44K | $42K | 10x | as long as short |
| QFEX GOOGL-USD | −0.020% | +0.0037% | 1h | $1.3M | $3.8M | 10x | as long as short |
| SoDEX GOOGL-USD | −0.020% | +0.0050% | 1h | $205 | $36K | 10x | as long as short |
| Aevo GOOGL-PERP | −0.019% | +0.0104% | 1h | $25K | — | 10x | as long as short |
| Aster GOOGLUSDT | −0.015% | +0.0077% | 8h | $361K | $538K | 20x | as long as short |
| Lighter RH GOOGL | −0.014% | +0.0032% | 1h | $1.4M | $2.8M | 20x | as long as short |
| Bitget GOOGLUSDT | −0.014% | +0.0129% | 8h | $17.2M | $8.1M | 100x | as long as short |
| edgeX GOOGLUSDC | −0.012% | +0.0349% | 4h | $207K | $1.0M | 10x | as long as short |
| BloFin GOOGL-USDT | −0.011% | +0.0209% | 8h | $705K | $198K | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | −0.008% | 0.0000% | 1h | $23K | $147K | 10x | as long as short |
| Phoenix GOOGL | −0.003% | +0.0112% | 1h | $137K | $47K | 20x | as long as short |
| Orderly PERP_GOOGL_USDClong | 0.000% | +0.0100% | 8h | $11K | $9K | 20x | |
| Lighter GOOGL | +0.003% | +0.0104% | 1h | $2.0M | $1.1M | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.003% | +0.0048% | 8h | $13.9M | $12.0M | 50x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.003% | +0.0056% | 1h | $529K | $973K | 10x | as long as short |
| SunX GOOGL-USDT | +0.017% | 0.0000% | 8h | $1K | $4.1M | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.020% | +0.0046% | 1h | — | $3K | 25x | as long as short |
| Variational Omni GOOGL | +0.026% | +0.0024% | 8h | $4.2M | $2.3M | — | as long as short |
| Phemex GOOGLUSDT | +0.034% | 0.0000% | 4h | $2.7M | $57K | 10x | as long as short |
| HTX GOOGL-USDT | +0.037% | 0.0000% | 8h | $113K | $227K | 30x | as long as short |
| Injective GOOGL/USDC PERP | +0.323% | +0.0033% | 1h | $128K | $70K | 30x | as long as short |