Spread before costs (cost unknown: a leg has no order-book sample)−0.010%
7d average+0.049%if it closes, per $10,000$1funding while held, a day−$2.49
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix GOOGL | 355.62 | 0.0112 | pay 0.0014% / 1h | 50m 30s | $137K | $47K | 20x |
| Short | Variational Omni GOOGL | 355.58 | 0.0029 | get 0.0029% / 8h | 5h 50m | $4.2M | $2.3M | — |
Phoenix GOOGL
Variational Omni 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
- −$1.02
- Funding while held
- −$2.49
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$10.51
- Spread needed to break even
- 0.070%
Slippage unknown: Phoenix: live order book, 38 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0083%
- Per $10,000 a day
- −$2.49
- 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, 38 min ago | 3.09 bp | 8.9 bp −$9 | 19.2 bp −$192 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 2.61 bp | doesn't fit | 7.8 bp −$78 | doesn't fit | doesn't fit |
GOOGL price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps355.19cheapestKuCoin355.32+0.037%Nado355.33+0.041%ApeX Omni355.36+0.048%Polymarket Perps355.43+0.068%SoDEX355.43+0.068%Hotstuff355.44+0.070%Deribit355.45+0.073%tradeXYZ355.46+0.076%Gate355.49+0.084%Bitget355.52+0.093%Aster355.52+0.093%Arcus355.54+0.099%Aevo355.54+0.099%Pacifica355.56+0.104%Binance355.58+0.110%Orderly355.58+0.110%
Ondo Perps
KuCoin
Nado
ApeX Omni
Polymarket Perps
SoDEX
Hotstuff
Deribit
tradeXYZ
Gate
Bitget
Aster
Arcus
Aevo
Pacifica
Binance
OrderlyVariational Omni355.58+0.111%
OKX355.59+0.113%Extended355.59+0.113%Bybit355.60+0.115%Paradex355.60+0.116%Lighter RH355.61+0.118%
OKX
Extended
Bybit
Paradex
Lighter RHPhoenix355.62+0.121%
QFEX355.64+0.127%SunX355.64+0.127%Aftermath Perps355.65+0.128%BloFin355.65+0.130%edgeX355.66+0.131%Phemex355.67+0.135%Lighter355.68+0.138%Vest355.69+0.141%HTX355.75+0.158%Coinbase International355.98+0.222%Injective357.12+0.543%
QFEX
SunX
BloFin
Phemex
Lighter
Vest
HTX
Coinbase International
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 | −0.121% | +0.0050% | 1h | $2.3M | $4.3M | 15x | as long as short |
| KuCoin GOOGLUSDTM | −0.084% | +0.0100% | 8h | $3.0M | $65K | 20x | as long as short |
| Nado GOOGL-PERP | −0.080% | +0.0077% | 1h | $554K | $77K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | −0.073% | +0.0100% | 1h | $21K | $10K | 50x | as long as short |
| Polymarket Perps GOOG-USD | −0.053% | +0.0050% | 1h | $689K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | −0.053% | +0.0050% | 1h | $2K | $35K | 10x | as long as short |
| Hotstuff GOOGL-PERP | −0.051% | −0.0024% | 1h | $33K | — | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | −0.048% | 0.0000% | 1h | $22K | $147K | 10x | as long as short |
| tradeXYZ xyz:GOOGL | −0.045% | +0.0050% | 1h | $98.4M | $23.2M | 20x | as long as short |
| Gate GOOGL_USDT | −0.037% | 0.0000% | 8h | $3.6M | $6.7M | 100x | as long as short |
Show all 35 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget GOOGLUSDT | −0.028% | +0.0133% | 8h | $17.2M | $8.1M | 100x | as long as short |
| Aster GOOGLUSDT | −0.028% | +0.0081% | 8h | $361K | $538K | 20x | as long as short |
| Arcus GOOGL-USD | −0.022% | +0.0077% | 1h | $201K | $282K | 10x | as long as short |
| Aevo GOOGL-PERP | −0.022% | +0.0104% | 1h | $25K | — | 10x | as long as short |
| Pacifica GOOGL | −0.017% | +0.0100% | 1h | $44K | $42K | 10x | as long as short |
| Binance GOOGLUSDT | −0.011% | +0.0095% | 8h | $76.2M | $118.6M | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | −0.011% | +0.0100% | 8h | $11K | $9K | 20x | as long as short |
| Variational Omni GOOGLshort | −0.010% | +0.0029% | 8h | $4.2M | $2.3M | — | |
| OKX GOOGL-USDT-SWAP | −0.008% | +0.0050% | 8h | $13.8M | $11.9M | 50x | as long as short |
| Extended GOOGL-USD | −0.008% | +0.0096% | 1h | $417K | $1.7M | 20x | as long as short |
| Bybit GOOGLUSDT | −0.006% | 0.0000% | 8h | $11.2M | $6.7M | 100x | as long as short |
| Paradex GOOGL-USD-PERP | −0.005% | +0.0052% | 8h | $292 | $253 | 5x | as long as short |
| Lighter RH GOOGL | −0.003% | +0.0032% | 1h | $1.3M | $2.8M | 20x | as long as short |
| Phoenix GOOGLlong | 0.000% | +0.0112% | 1h | $137K | $47K | 20x | |
| QFEX GOOGL-USD | +0.006% | +0.0037% | 1h | $1.3M | $3.8M | 10x | as long as short |
| SunX GOOGL-USDT | +0.006% | 0.0000% | 8h | $1K | $4.1M | 20x | as long as short |
| Aftermath Perps GOOGLUSD | +0.007% | +0.0173% | 1h | $144K | $54K | 10x | as long as short |
| BloFin GOOGL-USDT | +0.008% | +0.0216% | 8h | $706K | $197K | 20x | as long as short |
| edgeX GOOGLUSDC | +0.010% | +0.0815% | 4h | $208K | $1.0M | 10x | as long as short |
| Phemex GOOGLUSDT | +0.014% | 0.0000% | 4h | $2.7M | $57K | 10x | as long as short |
| Lighter GOOGL | +0.017% | +0.0136% | 1h | $2.0M | $1.1M | 20x | as long as short |
| Vest GOOGL-USD-PERP | +0.020% | +0.0046% | 1h | — | $3K | 25x | as long as short |
| HTX GOOGL-USDT | +0.037% | 0.0000% | 8h | $112K | $227K | 30x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.101% | +0.0056% | 1h | $529K | $973K | 10x | as long as short |
| Injective GOOGL/USDC PERP | +0.422% | +0.0033% | 1h | $128K | $70K | 30x | as long as short |