Settings8H · net · $10k
Funding arb · Price arb /

GOOGL

RWAall GOOGL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0057%/8h= −6.3% APRnext payment $0.07 per $10,000 · paid last 24h −0.007%
Price spread now: Pacifica against Phoenix−0.020%47s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Pacifica is 0.020% cheaper against Phoenix than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix GOOGL356.560.0157pay 0.0020% / 1h52m 16s$137K$48K20x
ShortPacifica GOOGL356.490.0100get 0.0013% / 1h52m 16s$42K$45K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Phoenix. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$12
Price spread: −0.020% → 0.000%
−$2.03
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$29.03
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Phoenix: live order book, 13 min ago; Pacifica: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 13 min ago2.53 bp8.4 bp −$817.2 bp −$172doesn't fitdoesn't fit
Sell Pacifica no order-book sample
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 on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate GOOGL_USDT0.0000%8h356.69+0.036%$3.6M$7.5M100xas long as short
SunX GOOGL-USDT0.0000%8h356.79+0.065%$2K$4.2M20xas long as short
Deribit GOOGL_USDC-PERPETUAL0.0000%1h356.58+0.006%$23K$153K10xas long as short
HTX GOOGL-USDT0.0000%8h356.93+0.104%$115K$224K30xas long as short
Phemex GOOGLUSDT0.0000%4h356.69+0.036%$2.7M$66K10xas long as short
Aftermath Perps GOOGLUSD+0.0018%1h356.31−0.070%$144K$53K10xas long as short
Lighter RH GOOGL+0.0032%1h356.78+0.062%$1.4M$2.3M20xas long as short
Coinbase International GOOGL-PERP-INTX+0.0032%1h356.24−0.090%$530K$1.1M10xas long as short
Injective GOOGL/USDC PERP+0.0033%1h357.12+0.157%$128K$45K30xas long as short
Vest GOOGL-USD-PERP+0.0046%1h356.75+0.053%$5K25xas long as short
Show all 36 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:GOOGL+0.0050%1h356.51−0.014%$98.2M$24.5M20xas long as short
Polymarket Perps GOOG-USD+0.0050%1h356.55−0.003%$684K$437K10xas long as short
SoDEX GOOGL-USD+0.0050%1h356.50−0.017%$180$46K10xas long as short
Ondo Perps GOOGL-USD.P+0.0050%1h356.31−0.070%$2.3M$4.9M15xas long as short
QFEX GOOGL-USD+0.0064%1h356.75+0.053%$1.3M$4.8M10xas long as short
Hotstuff GOOGL-PERP+0.0064%1h356.52−0.011%$33K20xas long as short
Variational Omni GOOGL+0.0064%8h356.63+0.019%$4.8M$2.7Mas long as short
Paradex GOOGL-USD-PERP+0.0099%8h356.77+0.060%$293$2535xas long as short
Pacifica GOOGLshort+0.0100%1h356.49−0.020%$42K$45K10x
KuCoin GOOGLUSDTM+0.0100%8h356.39−0.048%$3.0M$66K20xas long as short
ApeX Omni GOOGLUSDT+0.0100%1h356.33−0.065%$21K$9K50xas long as short
Orderly PERP_GOOGL_USDC+0.0100%8h356.69+0.036%$10K$10K20xas long as short
Aevo GOOGL-PERP+0.0104%1h356.60+0.012%$25K10xas long as short
Nado GOOGL-PERP+0.0109%1h356.58+0.005%$560K$81K20xas long as short
Aster GOOGLUSDT+0.0114%8h356.83+0.076%$365K$457K20xas long as short
Binance GOOGLUSDT+0.0134%8h356.74+0.050%$73.2M$142.6M50xas long as short
Extended GOOGL-USD+0.0136%1h356.71+0.041%$421K$1.6M20xas long as short
Bitget GOOGLUSDT+0.0144%8h356.77+0.059%$16.9M$9.1M100xas long as short
GRVT GOOGL_USDT_Perp+0.0144%8h356.66+0.027%$23K$472K10xas long as short
Lighter GOOGL+0.0152%1h356.68+0.034%$2.1M$1.1M20xas long as short
Phoenix GOOGLlong+0.0157%1h356.56long leg$137K$48K20x
OKX GOOGL-USDT-SWAP+0.0200%8h356.86+0.084%$13.8M$12.8M50xas long as short
BloFin GOOGL-USDT+0.0254%8h356.77+0.059%$688K$235K20xas long as short
Bybit GOOGLUSDT+0.0286%8h356.83+0.076%$11.5M$7.7M100xas long as short
Arcus GOOGL-USD+0.0306%1h356.50−0.017%$202K$271K10xas long as short
edgeX GOOGLUSDC+0.0950%4h356.560.000%$210K$1.2M10xas long as short