After costs, if the gap returns to its 7d average, $10k−$41
spread now−0.008%7d average+0.022%fees + slippage, in and out−$38spread needed0.376%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:GOOGL | 356.26 | 0.0050 | pay 0.0006% / 1h | 4m 08s | $98.7M | $23.1M | 20x |
| Short | Phoenix GOOGL | 356.23 | 0.0157 | get 0.0020% / 1h | 4m 08s | $137K | $49K | 20x |
tradeXYZ xyz:GOOGL
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
- −$0.84
- Funding while held
- $3.22
- Slippage, 4 orders
- −$12.59
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$35.21
- Spread needed to break even
- 0.376%
Slippage from tradeXYZ: live order book, 7 min ago; Phoenix: live order book, 24 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 tradeXYZ live order book, 7 min ago | 0.70 bp | 9.9 bp −$10 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 24 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.KuCoin355.97cheapestCoinbase International355.98+0.003%ApeX Omni356.06+0.025%Ondo Perps356.16+0.053%Nado356.17+0.055%Pacifica356.17+0.056%Gate356.20+0.065%SoDEX356.21+0.067%
KuCoin
Coinbase International
ApeX Omni
Ondo Perps
Nado
Pacifica
Gate
SoDEXPhoenix356.23+0.073%
Hotstuff356.24+0.076%Arcus356.25+0.079%Polymarket Perps356.25+0.079%Deribit356.25+0.079%
Hotstuff
Arcus
Polymarket Perps
DeribittradeXYZ356.26+0.081%
Bybit356.29+0.090%Aevo356.31+0.096%Orderly356.34+0.104%Binance356.34+0.104%Lighter RH356.35+0.107%OKX356.35+0.107%Extended356.35+0.107%Aftermath Perps356.35+0.108%QFEX356.36+0.110%SunX356.36+0.110%Bitget356.37+0.112%BloFin356.37+0.112%Variational Omni356.39+0.117%Aster356.39+0.119%Paradex356.40+0.121%HTX356.43+0.129%edgeX356.44+0.131%Lighter356.44+0.132%Phemex356.48+0.143%Vest356.50+0.149%Injective357.12+0.323%
Bybit
Aevo
Orderly
Binance
Lighter RH
OKX
Extended
QFEX
SunX
Bitget
BloFin
Variational Omni
Aster
Paradex
HTX
Lighter
Phemex
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 | $64K | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | −0.079% | +0.0088% | 1h | $529K | $979K | 10x | as long as short |
| ApeX Omni GOOGLUSDT | −0.056% | +0.0100% | 1h | $21K | $10K | 50x | as long as short |
| Ondo Perps GOOGL-USD.P | −0.028% | +0.0050% | 1h | $2.3M | $4.3M | 15x | as long as short |
| Nado GOOGL-PERP | −0.027% | +0.0059% | 1h | $555K | $77K | 20x | as long as short |
| Pacifica GOOGL | −0.026% | +0.0100% | 1h | $44K | $42K | 10x | as long as short |
| Gate GOOGL_USDT | −0.017% | 0.0000% | 8h | $3.6M | $6.7M | 100x | as long as short |
| SoDEX GOOGL-USD | −0.014% | +0.0050% | 1h | $199 | $34K | 10x | as long as short |
| Phoenix GOOGLshort | −0.008% | +0.0157% | 1h | $137K | $49K | 20x | |
| Hotstuff GOOGL-PERP | −0.006% | +0.0064% | 1h | $33K | — | 20x | as long as short |