After costs, if the gap returns to its 7d average, $10k−$39
spread now−0.084%7d average−0.010%fees + slippage, in and out−$31spread needed0.312%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix GOOGL | 356.02 | 0.0157 | pay 0.0020% / 1h | 42m 53s | $137K | $49K | 20x |
| Short | Polymarket Perps GOOG-USD | 355.72 | 0.0050 | get 0.0006% / 1h | 42m 53s | $660K | $399K | 10x |
Phoenix GOOGL
Polymarket Perps GOOG-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
- −$8.43
- Funding while held
- −$3.22
- Slippage, 4 orders
- −$16.21
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$42.86
- Spread needed to break even
- 0.312%
Slippage from Phoenix: live order book, 50 min ago; Polymarket Perps: live order book, 61 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0107%
- Per $10,000 a day
- −$3.22
- 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, 50 min ago | 2.52 bp | 8.1 bp −$8 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 61 min ago | 2.38 bp | 6.4 bp −$6 | 6.4 bp −$64 | 8.1 bp −$807 | doesn't fit |
GOOGL price on every exchange
against the cheapest. Click to use as the short leg.KuCoin355.55cheapestHTX355.57+0.006%Ondo Perps355.62+0.020%Coinbase International355.64+0.025%tradeXYZ355.70+0.042%Gate355.70+0.042%
KuCoin
HTX
Ondo Perps
Coinbase International
tradeXYZ
GatePolymarket Perps355.72+0.048%
Pacifica355.73+0.050%SoDEX355.73+0.051%Nado355.73+0.051%Arcus355.74+0.053%Deribit355.74+0.053%Aevo355.76+0.060%BloFin355.78+0.065%Binance355.80+0.071%Hotstuff355.81+0.073%SunX355.81+0.073%Extended355.81+0.074%Bitget355.83+0.079%Orderly355.83+0.079%Lighter RH355.84+0.082%Bybit355.84+0.082%OKX355.85+0.084%Paradex355.88+0.093%QFEX355.89+0.096%ApeX Omni355.89+0.096%Aftermath Perps355.91+0.100%Lighter355.92+0.104%Aster355.95+0.111%edgeX355.98+0.121%Vest355.99+0.124%Phemex355.99+0.124%
Pacifica
SoDEX
Nado
Arcus
Deribit
Aevo
BloFin
Binance
Hotstuff
SunX
Extended
Bitget
Orderly
Lighter RH
Bybit
OKX
Paradex
QFEX
ApeX Omni
Lighter
Aster
Vest
PhemexPhoenix356.02+0.132%
Variational Omni356.17+0.174%Injective357.12+0.442%
Variational Omni
InjectiveGOOGL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin GOOGLUSDTM | −0.132% | +0.0100% | 8h | $3.0M | $62K | 20x | as long as short |
| HTX GOOGL-USDT | −0.126% | 0.0000% | 8h | $112K | $230K | 30x | as long as short |
| Ondo Perps GOOGL-USD.P | −0.112% | +0.0050% | 1h | $2.4M | $4.2M | 15x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.107% | +0.0088% | 1h | $530K | $973K | 10x | as long as short |
| tradeXYZ xyz:GOOGL | −0.090% | +0.0050% | 1h | $98.8M | $22.9M | 20x | as long as short |
| Gate GOOGL_USDT | −0.090% | 0.0000% | 8h | $3.6M | $6.5M | 100x | as long as short |
| Polymarket Perps GOOG-USDshort | −0.084% | +0.0050% | 1h | $660K | $399K | 10x | |
| Pacifica GOOGL | −0.083% | +0.0100% | 1h | $44K | $42K | 10x | as long as short |
| SoDEX GOOGL-USD | −0.081% | +0.0050% | 1h | $197 | $34K | 10x | as long as short |
| Nado GOOGL-PERP | −0.081% | +0.0049% | 1h | $559K | $74K | 20x | as long as short |