Spread before costs (cost unknown: a leg has no order-book sample)−0.035%
7d average—if it closes, per $10,000$4funding while held, a day−$0.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GOOGL_USDC | 356.16 | 0.0100 | pay 0.0100% / 8h | 23m 04s | $11K | $10K | 20x |
| Short | Nado GOOGL-PERP | 356.03 | 0.0092 | get 0.0012% / 1h | 23m 04s | $584K | $56K | 20x |
Orderly PERP_GOOGL_USDC
Nado GOOGL-PERPPrice 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
- −$3.54
- Funding while held
- −$0.24
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$16.77
- Spread needed to break even
- 0.130%
Slippage unknown: Orderly: no order-book sample; Nado: live order book, 27 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0008%
- Per $10,000 a day
- −$0.24
- 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 Nado live order book, 27 min ago | 0.56 bp | 8.7 bp −$9 | 19.2 bp −$192 | doesn't fit | 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.Ondo Perps355.78cheapestKuCoin355.90+0.034%Pacifica355.92+0.040%Polymarket Perps356.00+0.062%Arcus356.03+0.070%
Ondo Perps
KuCoin
Pacifica
Polymarket Perps
ArcusNado356.03+0.071%
Aster356.04+0.072%Gate356.07+0.082%Deribit356.07+0.082%QFEX356.09+0.087%Aevo356.12+0.096%tradeXYZ356.13+0.098%Paradex356.15+0.103%Hotstuff356.15+0.104%Coinbase International356.15+0.104%Extended356.15+0.105%
Aster
Gate
Deribit
QFEX
Aevo
tradeXYZ
Paradex
Hotstuff
Coinbase International
ExtendedOrderly356.16+0.107%
ApeX Omni356.17+0.110%SoDEX356.18+0.112%Lighter RH356.20+0.118%BloFin356.20+0.118%Lighter356.23+0.126%Aftermath Perps356.23+0.127%SunX356.24+0.129%Bitget356.28+0.141%Vest356.28+0.141%OKX356.29+0.143%Bybit356.30+0.146%Binance356.34+0.159%HTX356.36+0.163%Phemex356.38+0.169%edgeX356.46+0.192%Phoenix356.54+0.214%Variational Omni356.56+0.221%Injective357.12+0.377%
ApeX Omni
SoDEX
Lighter RH
BloFin
Lighter
SunX
Bitget
Vest
OKX
Bybit
Binance
HTX
Phemex
Phoenix
Variational Omni
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 | −0.107% | +0.0050% | 1h | $2.4M | $3.9M | 15x | as long as short |
| KuCoin GOOGLUSDTM | −0.073% | +0.0100% | 8h | $3.0M | $63K | 20x | as long as short |
| Pacifica GOOGL | −0.067% | +0.0100% | 1h | $44K | $42K | 10x | as long as short |
| Polymarket Perps GOOG-USD | −0.045% | +0.0050% | 1h | $662K | $401K | 10x | as long as short |
| Arcus GOOGL-USD | −0.037% | +0.0040% | 1h | $200K | $263K | 10x | as long as short |
| Nado GOOGL-PERPshort | −0.035% | +0.0092% | 1h | $584K | $56K | 20x | |
| Aster GOOGLUSDT | −0.035% | +0.0191% | 8h | $369K | $531K | 20x | as long as short |
| Gate GOOGL_USDT | −0.025% | 0.0000% | 8h | $3.6M | $5.9M | 100x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | −0.025% | 0.0000% | 1h | $22K | $139K | 10x | as long as short |
| QFEX GOOGL-USD | −0.020% | +0.0030% | 1h | $1.3M | $3.0M | 10x | as long as short |