Spread before costs (cost unknown: a leg has no order-book sample)+0.047%
7d average—if it closes, per $10,000$5funding while held, a day−$0.30
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_GOOGL_USDC | 356.00 | 0.0100 | pay 0.0100% / 8h | 6h 44m | $11K | $9K | 20x |
| Short | Variational Omni GOOGL | 356.17 | 0.0090 | get 0.0090% / 8h | 6h 44m | $4.4M | $2.1M | — |
Orderly PERP_GOOGL_USDC
Variational Omni 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
- $4.7
- Funding while held
- −$0.3
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$1.6
- Spread needed to break even
- 0.060%
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0010%
- Per $10,000 a day
- −$0.30
- 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 Variational Omni RFQ quote, 1 min ago | 2.63 bp | doesn't fit | 5.2 bp −$52 | 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 Perps355.62cheapestCoinbase International355.64+0.006%KuCoin355.74+0.034%Aftermath Perps355.81+0.053%edgeX355.85+0.064%Nado355.86+0.067%SoDEX355.86+0.067%ApeX Omni355.87+0.070%Pacifica355.88+0.073%Aevo355.89+0.076%Deribit355.90+0.079%Polymarket Perps355.91+0.082%Gate355.92+0.084%Arcus355.94+0.090%tradeXYZ355.95+0.093%Hotstuff355.96+0.096%OKX355.97+0.098%SunX355.97+0.098%Bitget356.00+0.107%
Ondo Perps
Coinbase International
KuCoin
Nado
SoDEX
ApeX Omni
Pacifica
Aevo
Deribit
Polymarket Perps
Gate
Arcus
tradeXYZ
Hotstuff
OKX
SunX
BitgetOrderly356.00+0.107%
BloFin356.00+0.107%Aster356.02+0.112%Phoenix356.02+0.112%Bybit356.03+0.115%Extended356.04+0.117%Binance356.05+0.121%Lighter RH356.07+0.127%Paradex356.08+0.129%Phemex356.08+0.129%QFEX356.09+0.132%HTX356.11+0.138%Lighter356.13+0.143%
BloFin
Aster
Phoenix
Bybit
Extended
Binance
Lighter RH
Paradex
Phemex
QFEX
HTX
LighterVariational Omni356.17+0.154%
Vest356.17+0.155%Injective357.12+0.422%
Vest
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 | $4.2M | 15x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.101% | +0.0088% | 1h | $530K | $973K | 10x | as long as short |
| KuCoin GOOGLUSDTM | −0.073% | +0.0100% | 8h | $3.0M | $62K | 20x | as long as short |
| Aftermath Perps GOOGLUSD | −0.053% | +0.0156% | 1h | $144K | $55K | 10x | as long as short |
| edgeX GOOGLUSDC | −0.043% | +0.0114% | 4h | $208K | $967K | 10x | as long as short |
| Nado GOOGL-PERP | −0.040% | +0.0051% | 1h | $559K | $74K | 20x | as long as short |
| SoDEX GOOGL-USD | −0.039% | +0.0050% | 1h | $198 | $34K | 10x | as long as short |
| ApeX Omni GOOGLUSDT | −0.037% | +0.0100% | 1h | $21K | $10K | 50x | as long as short |
| Pacifica GOOGL | −0.034% | +0.0100% | 1h | $44K | $42K | 10x | as long as short |
| Aevo GOOGL-PERP | −0.031% | +0.0104% | 1h | $25K | — | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit GOOGL_USDC-PERPETUAL | −0.028% | 0.0000% | 1h | $22K | $146K | 10x | as long as short |
| Polymarket Perps GOOG-USD | −0.025% | +0.0050% | 1h | $660K | $399K | 10x | as long as short |
| Gate GOOGL_USDT | −0.022% | 0.0000% | 8h | $3.6M | $6.5M | 100x | as long as short |
| Arcus GOOGL-USD | −0.017% | +0.0081% | 1h | $202K | $280K | 10x | as long as short |
| tradeXYZ xyz:GOOGL | −0.014% | +0.0050% | 1h | $98.8M | $22.9M | 20x | as long as short |
| Hotstuff GOOGL-PERP | −0.011% | +0.0040% | 1h | $33K | — | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | −0.008% | +0.0088% | 8h | $13.8M | $11.9M | 50x | as long as short |
| SunX GOOGL-USDT | −0.008% | 0.0000% | 8h | $2K | $4.1M | 20x | as long as short |
| Bitget GOOGLUSDT | 0.000% | +0.0161% | 8h | $17.3M | $8.0M | 100x | as long as short |
| Orderly PERP_GOOGL_USDClong | 0.000% | +0.0100% | 8h | $11K | $9K | 20x | |
| BloFin GOOGL-USDT | 0.000% | +0.0273% | 8h | $703K | $185K | 20x | as long as short |
| Aster GOOGLUSDT | +0.006% | +0.0142% | 8h | $361K | $538K | 20x | as long as short |
| Phoenix GOOGL | +0.006% | +0.0157% | 1h | $137K | $49K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.008% | 0.0000% | 8h | $11.3M | $6.6M | 100x | as long as short |
| Extended GOOGL-USD | +0.010% | +0.0152% | 1h | $417K | $1.7M | 20x | as long as short |
| Binance GOOGLUSDT | +0.014% | +0.0153% | 8h | $78.1M | $111.4M | 50x | as long as short |
| Lighter RH GOOGL | +0.020% | +0.0032% | 1h | $1.3M | $2.7M | 20x | as long as short |
| Paradex GOOGL-USD-PERP | +0.022% | +0.0055% | 8h | $292 | $253 | 5x | as long as short |
| Phemex GOOGLUSDT | +0.022% | 0.0000% | 4h | $2.7M | $57K | 10x | as long as short |
| QFEX GOOGL-USD | +0.025% | +0.0054% | 1h | $1.3M | $3.5M | 10x | as long as short |
| HTX GOOGL-USDT | +0.031% | 0.0000% | 8h | $112K | $230K | 30x | as long as short |
| Lighter GOOGL | +0.037% | +0.0160% | 1h | $2.0M | $1.1M | 20x | as long as short |
| Variational Omni GOOGLshort | +0.047% | +0.0090% | 8h | $4.4M | $2.1M | — | |
| Vest GOOGL-USD-PERP | +0.048% | +0.0046% | 1h | — | $3K | 25x | as long as short |
| Injective GOOGL/USDC PERP | +0.315% | +0.0033% | 1h | $128K | $96K | 30x | as long as short |