Spread before costs (cost unknown: a leg has no order-book sample)+0.106%
7d average—if it closes, per $10,000$11funding while held, a day−$1.98
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica GOOGL | 356.38 | 0.0100 | pay 0.0013% / 1h | 39m 10s | $44K | $42K | 10x |
| Short | QFEX GOOGL-USD | 356.76 | 0.0034 | get 0.0004% / 1h | 39m 10s | $1.3M | $3.2M | 10x |
Pacifica GOOGL
QFEX GOOGL-USDPrice 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
- $10.6
- Funding while held
- −$1.98
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$9.37
- Spread needed to break even
- 0.180%
Slippage unknown: Pacifica: no order-book sample; QFEX: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0066%
- Per $10,000 a day
- −$1.98
- 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 QFEX live order book, 5 min ago | 1.96 bp | 7.0 bp −$7 | 7.1 bp −$71 | 8.9 bp −$886 | 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.Ondo Perps356.36cheapest
Ondo PerpsPacifica356.38+0.006%
Nado356.38+0.006%KuCoin356.48+0.034%Coinbase International356.49+0.036%Arcus356.54+0.051%Hotstuff356.56+0.056%Variational Omni356.57+0.059%ApeX Omni356.61+0.070%Paradex356.64+0.078%edgeX356.65+0.082%Aftermath Perps356.66+0.086%Polymarket Perps356.67+0.087%SoDEX356.68+0.090%Deribit356.68+0.090%Aster356.70+0.095%Gate356.74+0.107%Orderly356.74+0.107%SunX356.74+0.107%Vest356.75+0.109%
Nado
KuCoin
Coinbase International
Arcus
Hotstuff
Variational Omni
ApeX Omni
Paradex
Polymarket Perps
SoDEX
Deribit
Aster
Gate
Orderly
SunX
VestQFEX356.76+0.112%
tradeXYZ356.77+0.115%OKX356.78+0.118%Aevo356.79+0.120%Phemex356.81+0.126%Extended356.82+0.128%Lighter RH356.86+0.140%Phoenix356.86+0.140%Bybit356.87+0.143%BloFin356.88+0.146%Binance356.89+0.147%Lighter356.91+0.154%Bitget356.91+0.154%HTX357.03+0.188%Injective357.12+0.213%
tradeXYZ
OKX
Aevo
Phemex
Extended
Lighter RH
Phoenix
Bybit
BloFin
Binance
Lighter
Bitget
HTX
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 | −0.006% | +0.0050% | 1h | $2.4M | $4.0M | 15x | as long as short |
| Pacifica GOOGLlong | 0.000% | +0.0100% | 1h | $44K | $42K | 10x | |
| Nado GOOGL-PERP | 0.000% | +0.0128% | 1h | $567K | $66K | 20x | as long as short |
| KuCoin GOOGLUSDTM | +0.027% | +0.0100% | 8h | $3.0M | $64K | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.030% | +0.0024% | 1h | $541K | $952K | 10x | as long as short |
| Arcus GOOGL-USD | +0.044% | +0.0119% | 1h | $202K | $280K | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.050% | +0.0008% | 1h | $33K | — | 20x | as long as short |
| Variational Omni GOOGL | +0.053% | +0.0099% | 8h | $4.3M | $2.2M | — | as long as short |
| ApeX Omni GOOGLUSDT | +0.064% | +0.0100% | 1h | $21K | $10K | 50x | as long as short |
| Paradex GOOGL-USD-PERP | +0.072% | +0.0058% | 8h | $292 | $253 | 5x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX GOOGLUSDC | +0.076% | +0.0579% | 4h | $209K | $933K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.079% | +0.0176% | 1h | $144K | $56K | 10x | as long as short |
| Polymarket Perps GOOG-USD | +0.081% | +0.0050% | 1h | $664K | $400K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.084% | +0.0050% | 1h | $206 | $31K | 10x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | +0.084% | +0.0171% | 1h | $23K | $142K | 10x | as long as short |
| Aster GOOGLUSDT | +0.089% | +0.0166% | 8h | $366K | $534K | 20x | as long as short |
| Gate GOOGL_USDT | +0.100% | 0.0000% | 8h | $3.6M | $6.2M | 100x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.100% | +0.0100% | 8h | $11K | $9K | 20x | as long as short |
| SunX GOOGL-USDT | +0.100% | 0.0000% | 8h | $1K | $4.1M | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.103% | +0.0046% | 1h | — | $3K | 25x | as long as short |
| QFEX GOOGL-USDshort | +0.106% | +0.0034% | 1h | $1.3M | $3.2M | 10x | |
| tradeXYZ xyz:GOOGL | +0.109% | +0.0069% | 1h | $99.3M | $22.4M | 20x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.112% | +0.0088% | 8h | $13.6M | $11.3M | 50x | as long as short |
| Aevo GOOGL-PERP | +0.114% | +0.0104% | 1h | $25K | — | 10x | as long as short |
| Phemex GOOGLUSDT | +0.120% | 0.0000% | 4h | $2.7M | $57K | 10x | as long as short |
| Extended GOOGL-USD | +0.122% | +0.0168% | 1h | $410K | $1.6M | 20x | as long as short |
| Lighter RH GOOGL | +0.134% | +0.0032% | 1h | $1.3M | $2.6M | 20x | as long as short |
| Phoenix GOOGL | +0.134% | +0.0112% | 1h | $137K | $48K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.137% | 0.0000% | 8h | $11.3M | $6.5M | 100x | as long as short |
| BloFin GOOGL-USDT | +0.140% | +0.0290% | 8h | $693K | $166K | 20x | as long as short |
| Binance GOOGLUSDT | +0.141% | +0.0170% | 8h | $78.2M | $105.3M | 50x | as long as short |
| Lighter GOOGL | +0.148% | +0.0240% | 1h | $2.0M | $1.1M | 20x | as long as short |
| Bitget GOOGLUSDT | +0.148% | +0.0150% | 8h | $17.2M | $7.7M | 100x | as long as short |
| HTX GOOGL-USDT | +0.182% | 0.0000% | 8h | $118K | $222K | 30x | as long as short |
| Injective GOOGL/USDC PERP | +0.207% | +0.0033% | 1h | $128K | $135K | 30x | as long as short |