After costs, if the gap returns to its 7d average, $10k−$55
spread now−0.092%7d average+0.051%fees + slippage, in and out−$41spread needed0.406%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix GOOGL | 356.86 | 0.0112 | pay 0.0014% / 1h | 39m 57s | $137K | $48K | 20x |
| Short | Gate GOOGL_USDT | 356.53 | 0 | get 0.0000% / 8h | 7h 39m | $3.6M | $6.2M | 100x |
Phoenix GOOGL
Gate GOOGL_USDTPrice 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
- −$9.25
- Funding while held
- −$3.36
- Slippage, 4 orders
- −$18.55
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$53.16
- Spread needed to break even
- 0.406%
Slippage from Phoenix: live order book, 58 min ago; Gate: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0112%
- Per $10,000 a day
- −$3.36
- 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 Phoenix live order book, 58 min ago | 2.53 bp | 8.0 bp −$8 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 1.68 bp | 13.2 bp −$13 | 23.8 bp −$238 | doesn't fit | doesn't fit |
GOOGL price on every exchange
against the cheapest. Click to use as the short leg.Pacifica356.22cheapestOndo Perps356.22+0.001%Nado356.29+0.021%Arcus356.37+0.043%KuCoin356.43+0.060%Polymarket Perps356.43+0.060%SoDEX356.49+0.077%Deribit356.49+0.077%Paradex356.51+0.082%
Pacifica
Ondo Perps
Nado
Arcus
KuCoin
Polymarket Perps
SoDEX
Deribit
ParadexGate356.53+0.088%
tradeXYZ356.54+0.091%Orderly356.56+0.097%Variational Omni356.57+0.099%Hotstuff356.57+0.099%Vest356.58+0.102%Aevo356.60+0.108%OKX356.60+0.108%ApeX Omni356.61+0.111%SunX356.61+0.111%Lighter RH356.64+0.119%Bybit356.64+0.119%QFEX356.64+0.119%Extended356.64+0.120%Bitget356.65+0.122%BloFin356.67+0.128%Binance356.69+0.133%Aster356.70+0.136%Lighter356.71+0.139%Phemex356.73+0.144%Coinbase International356.74+0.147%Aftermath Perps356.75+0.150%HTX356.78+0.158%
tradeXYZ
Orderly
Variational Omni
Hotstuff
Vest
Aevo
OKX
ApeX Omni
SunX
Lighter RH
Bybit
QFEX
Extended
Bitget
BloFin
Binance
Aster
Lighter
Phemex
Coinbase International
HTXPhoenix356.86+0.181%
edgeX357.01+0.224%Injective357.12+0.254%
InjectiveGOOGL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica GOOGL | −0.181% | +0.0100% | 1h | $44K | $42K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | −0.179% | +0.0050% | 1h | $2.4M | $4.0M | 15x | as long as short |
| Nado GOOGL-PERP | −0.159% | +0.0127% | 1h | $567K | $66K | 20x | as long as short |
| Arcus GOOGL-USD | −0.137% | +0.0119% | 1h | $202K | $280K | 10x | as long as short |
| KuCoin GOOGLUSDTM | −0.120% | +0.0100% | 8h | $3.0M | $64K | 20x | as long as short |
| Polymarket Perps GOOG-USD | −0.120% | +0.0050% | 1h | $663K | $400K | 10x | as long as short |
| SoDEX GOOGL-USD | −0.104% | +0.0050% | 1h | $205 | $31K | 10x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | −0.104% | +0.0115% | 1h | $23K | $142K | 10x | as long as short |
| Paradex GOOGL-USD-PERP | −0.099% | +0.0058% | 8h | $292 | $253 | 5x | as long as short |
| Gate GOOGL_USDTshort | −0.092% | 0.0000% | 8h | $3.6M | $6.2M | 100x |