After costs, if the gap returns to its 7d average, $10k−$73
spread now−0.028%7d average−0.084%fees + slippage, in and out−$78spread needed0.781%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex GOOGLUSDT | 356.24 | 0 | get 0.0000% / 4h | 2h 25m | $2.7M | $57K | 10x |
| Short | Phoenix GOOGL | 356.14 | 0.0157 | get 0.0020% / 1h | 25m 48s | $137K | $49K | 20x |
Phemex GOOGLUSDT
Phoenix 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
- −$2.81
- Funding while held
- $4.72
- Slippage, 4 orders
- −$59.13
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$76.22
- Spread needed to break even
- 0.781%
Slippage from Phemex: live order book, 4 min ago; Phoenix: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0157%
- Per $10,000 a day
- +$4.72
- 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 Phemex live order book, 4 min ago | 2.39 bp | 32.1 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 3 min ago | 3.09 bp | 8.9 bp −$9 | 19.2 bp −$192 | doesn't fit | doesn't fit |
GOOGL price on every exchange
against the cheapest. Click to use as the short leg.KuCoin355.95cheapestCoinbase International355.98+0.008%ApeX Omni355.99+0.011%Ondo Perps356.00+0.014%Gate356.00+0.014%Nado356.02+0.021%Aster356.04+0.026%SoDEX356.05+0.028%Arcus356.07+0.034%Deribit356.07+0.034%tradeXYZ356.08+0.037%Polymarket Perps356.09+0.039%Hotstuff356.11+0.045%Extended356.12+0.046%Pacifica356.12+0.048%Aftermath Perps356.13+0.051%
KuCoin
Coinbase International
ApeX Omni
Ondo Perps
Gate
Nado
Aster
SoDEX
Arcus
Deribit
tradeXYZ
Polymarket Perps
Hotstuff
Extended
PacificaPhoenix356.14+0.053%
Aevo356.15+0.055%Binance356.15+0.056%BloFin356.15+0.056%Bitget356.16+0.059%Orderly356.16+0.059%edgeX356.19+0.066%Bybit356.19+0.067%OKX356.19+0.067%SunX356.22+0.076%Lighter RH356.23+0.079%Paradex356.23+0.079%QFEX356.24+0.081%
Aevo
Binance
BloFin
Bitget
Orderly
Bybit
OKX
SunX
Lighter RH
Paradex
QFEXPhemex356.24+0.081%
Variational Omni356.25+0.086%HTX356.30+0.098%Lighter356.32+0.104%Vest356.33+0.107%Injective357.12+0.329%
Variational Omni
HTX
Lighter
Vest
InjectiveGOOGL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin GOOGLUSDTM | −0.081% | +0.0100% | 8h | $3.0M | $63K | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.073% | +0.0088% | 1h | $529K | $987K | 10x | as long as short |
| ApeX Omni GOOGLUSDT | −0.070% | +0.0100% | 1h | $21K | $10K | 50x | as long as short |
| Ondo Perps GOOGL-USD.P | −0.067% | +0.0050% | 1h | $2.3M | $4.3M | 15x | as long as short |
| Gate GOOGL_USDT | −0.067% | 0.0000% | 8h | $3.6M | $6.6M | 100x | as long as short |
| Nado GOOGL-PERP | −0.060% | +0.0049% | 1h | $555K | $77K | 20x | as long as short |
| Aster GOOGLUSDT | −0.055% | +0.0124% | 8h | $361K | $538K | 20x | as long as short |
| SoDEX GOOGL-USD | −0.053% | +0.0050% | 1h | $194 | $34K | 10x | as long as short |
| Arcus GOOGL-USD | −0.048% | +0.0081% | 1h | $202K | $280K | 10x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | −0.048% | 0.0000% | 1h | $23K | $146K | 10x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:GOOGL | −0.045% | +0.0050% | 1h | $98.8M | $23.1M | 20x | as long as short |
| Polymarket Perps GOOG-USD | −0.042% | +0.0050% | 1h | $676K | $414K | 10x | as long as short |
| Hotstuff GOOGL-PERP | −0.036% | +0.0112% | 1h | $33K | — | 20x | as long as short |
| Extended GOOGL-USD | −0.035% | +0.0136% | 1h | $417K | $1.7M | 20x | as long as short |
| Pacifica GOOGL | −0.034% | +0.0100% | 1h | $44K | $42K | 10x | as long as short |
| Aftermath Perps GOOGLUSD | −0.031% | +0.0159% | 1h | $144K | $55K | 10x | as long as short |
| Phoenix GOOGLshort | −0.028% | +0.0157% | 1h | $137K | $49K | 20x | |
| Aevo GOOGL-PERP | −0.027% | +0.0104% | 1h | $25K | — | 10x | as long as short |
| Binance GOOGLUSDT | −0.026% | +0.0135% | 8h | $76.9M | $115.5M | 50x | as long as short |
| BloFin GOOGL-USDT | −0.025% | +0.0256% | 8h | $705K | $190K | 20x | as long as short |
| Bitget GOOGLUSDT | −0.022% | +0.0150% | 8h | $17.1M | $8.0M | 100x | as long as short |
| Orderly PERP_GOOGL_USDC | −0.022% | +0.0100% | 8h | $11K | $9K | 20x | as long as short |
| edgeX GOOGLUSDC | −0.015% | +0.0958% | 4h | $209K | $1.0M | 10x | as long as short |
| Bybit GOOGLUSDT | −0.014% | 0.0000% | 8h | $11.3M | $6.6M | 100x | as long as short |
| OKX GOOGL-USDT-SWAP | −0.014% | +0.0072% | 8h | $13.8M | $12.0M | 50x | as long as short |
| SunX GOOGL-USDT | −0.006% | 0.0000% | 8h | $2K | $4.2M | 20x | as long as short |
| Lighter RH GOOGL | −0.003% | +0.0032% | 1h | $1.3M | $2.7M | 20x | as long as short |
| Paradex GOOGL-USD-PERP | −0.003% | +0.0053% | 8h | $292 | $253 | 5x | as long as short |
| QFEX GOOGL-USD | 0.000% | +0.0054% | 1h | $1.3M | $3.6M | 10x | as long as short |
| Phemex GOOGLUSDTlong | 0.000% | 0.0000% | 4h | $2.7M | $57K | 10x | |
| Variational Omni GOOGL | +0.004% | +0.0073% | 8h | $4.4M | $2.1M | — | as long as short |
| HTX GOOGL-USDT | +0.017% | 0.0000% | 8h | $113K | $229K | 30x | as long as short |
| Lighter GOOGL | +0.022% | +0.0112% | 1h | $2.0M | $1.1M | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.025% | +0.0046% | 1h | — | $3K | 25x | as long as short |
| Injective GOOGL/USDC PERP | +0.247% | +0.0033% | 1h | $128K | $96K | 30x | as long as short |