Spread before costs (cost unknown: a leg has no order-book sample)+0.085%
7d average—if it closes, per $10,000$8funding while held, a day+$1.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica GOOGL | 355.72 | 0.0100 | pay 0.0013% / 1h | 49m 37s | $44K | $42K | 10x |
| Short | Lighter GOOGL | 356.02 | 0.0136 | get 0.0017% / 1h | 49m 37s | $2.0M | $1.1M | 20x |
Pacifica GOOGL
Lighter 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
- $8.49
- Funding while held
- $1.08
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $1.57
- Spread needed to break even
- 0.080%
Slippage unknown: Pacifica: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0036%
- Per $10,000 a day
- +$1.08
- 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 Pacifica no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 1.12 bp | 1.2 bp −$1 | 3.4 bp −$34 | 35.2 bp −$3,522 | doesn't fit |
Pacifica: 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.Nado355.34cheapestApeX Omni355.36+0.006%Hotstuff355.39+0.014%SoDEX355.43+0.026%Polymarket Perps355.45+0.031%Deribit355.48+0.040%Aevo355.53+0.054%Orderly355.54+0.057%SunX355.55+0.060%Ondo Perps355.56+0.062%KuCoin355.57+0.065%Variational Omni355.58+0.069%Aftermath Perps355.59+0.070%Phoenix355.62+0.079%Phemex355.62+0.079%BloFin355.65+0.088%edgeX355.66+0.089%Aster355.66+0.091%HTX355.67+0.093%Gate355.69+0.099%Vest355.71+0.105%
Nado
ApeX Omni
Hotstuff
SoDEX
Polymarket Perps
Deribit
Aevo
Orderly
SunX
Ondo Perps
KuCoin
Variational Omni
Phoenix
Phemex
BloFin
Aster
HTX
Gate
VestPacifica355.72+0.107%
tradeXYZ355.79+0.127%Arcus355.92+0.164%OKX355.93+0.166%Lighter RH355.95+0.172%Extended355.95+0.173%Binance355.96+0.174%Bybit355.96+0.175%Paradex355.97+0.178%Coinbase International355.98+0.181%Bitget356.00+0.186%
tradeXYZ
Arcus
OKX
Lighter RH
Extended
Binance
Bybit
Paradex
Coinbase International
BitgetLighter356.02+0.192%
QFEX356.02+0.192%Injective357.12+0.501%
QFEX
InjectiveGOOGL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado GOOGL-PERP | −0.107% | +0.0078% | 1h | $554K | $77K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | −0.101% | +0.0100% | 1h | $21K | $10K | 50x | as long as short |
| Hotstuff GOOGL-PERP | −0.092% | −0.0024% | 1h | $33K | — | 20x | as long as short |
| SoDEX GOOGL-USD | −0.081% | +0.0050% | 1h | $913 | $36K | 10x | as long as short |
| Polymarket Perps GOOG-USD | −0.075% | +0.0050% | 1h | $689K | $429K | 10x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | −0.067% | 0.0000% | 1h | $22K | $147K | 10x | as long as short |
| Aevo GOOGL-PERP | −0.052% | +0.0104% | 1h | $25K | — | 10x | as long as short |
| Orderly PERP_GOOGL_USDC | −0.050% | +0.0100% | 8h | $11K | $9K | 20x | as long as short |
| SunX GOOGL-USDT | −0.047% | 0.0000% | 8h | $2K | $4.1M | 20x | as long as short |
| Ondo Perps GOOGL-USD.P | −0.044% | +0.0050% | 1h | $2.3M | $4.3M | 15x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin GOOGLUSDTM | −0.042% | +0.0100% | 8h | $3.0M | $65K | 20x | as long as short |
| Variational Omni GOOGL | −0.038% | +0.0029% | 8h | $4.2M | $2.3M | — | as long as short |
| Aftermath Perps GOOGLUSD | −0.037% | +0.0176% | 1h | $144K | $54K | 10x | as long as short |
| Phoenix GOOGL | −0.028% | +0.0112% | 1h | $137K | $47K | 20x | as long as short |
| Phemex GOOGLUSDT | −0.028% | 0.0000% | 4h | $2.7M | $57K | 10x | as long as short |
| BloFin GOOGL-USDT | −0.019% | +0.0216% | 8h | $706K | $197K | 20x | as long as short |
| edgeX GOOGLUSDC | −0.018% | +0.0815% | 4h | $208K | $1.0M | 10x | as long as short |
| Aster GOOGLUSDT | −0.016% | +0.0080% | 8h | $361K | $538K | 20x | as long as short |
| HTX GOOGL-USDT | −0.013% | 0.0000% | 8h | $112K | $227K | 30x | as long as short |
| Gate GOOGL_USDT | −0.008% | 0.0000% | 8h | $3.6M | $6.7M | 100x | as long as short |
| Vest GOOGL-USD-PERP | −0.002% | +0.0046% | 1h | — | $3K | 25x | as long as short |
| Pacifica GOOGLlong | 0.000% | +0.0100% | 1h | $44K | $42K | 10x | |
| tradeXYZ xyz:GOOGL | +0.020% | +0.0050% | 1h | $98.5M | $23.2M | 20x | as long as short |
| Arcus GOOGL-USD | +0.057% | +0.0077% | 1h | $201K | $282K | 10x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.060% | +0.0050% | 8h | $13.8M | $11.9M | 50x | as long as short |
| Lighter RH GOOGL | +0.065% | +0.0032% | 1h | $1.3M | $2.8M | 20x | as long as short |
| Extended GOOGL-USD | +0.067% | +0.0096% | 1h | $417K | $1.7M | 20x | as long as short |
| Binance GOOGLUSDT | +0.068% | +0.0094% | 8h | $76.4M | $118.8M | 50x | as long as short |
| Bybit GOOGLUSDT | +0.068% | 0.0000% | 8h | $11.2M | $6.7M | 100x | as long as short |
| Paradex GOOGL-USD-PERP | +0.071% | +0.0052% | 8h | $292 | $253 | 5x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.074% | +0.0056% | 1h | $529K | $973K | 10x | as long as short |
| Bitget GOOGLUSDT | +0.079% | +0.0133% | 8h | $17.2M | $8.1M | 100x | as long as short |
| Lighter GOOGLshort | +0.085% | +0.0136% | 1h | $2.0M | $1.1M | 20x | |
| QFEX GOOGL-USD | +0.085% | +0.0037% | 1h | $1.3M | $3.8M | 10x | as long as short |
| Injective GOOGL/USDC PERP | +0.394% | +0.0033% | 1h | $128K | $70K | 30x | as long as short |