Spread before costs (cost unknown: a leg has no order-book sample)+0.114%
7d average—if it closes, per $10,000$11funding while held, a day+$2.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni GOOGL | 355.58 | 0.0029 | pay 0.0029% / 8h | 5h 48m | $4.2M | $2.3M | — |
| Short | Orderly PERP_GOOGL_USDC | 355.99 | 0.0100 | get 0.0100% / 8h | 5h 48m | $11K | $9K | 20x |
Variational Omni GOOGL
Orderly PERP_GOOGL_USDCPrice 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
- $11.42
- Funding while held
- $2.12
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $7.55
- Spread needed to break even
- 0.060%
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0071%
- Per $10,000 a day
- +$2.12
- 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 Variational Omni RFQ quote, 2 min ago | 2.62 bp | doesn't fit | 6.4 bp −$64 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 price on every exchange
against the cheapest. Click to use as the short leg.ApeX Omni355.38cheapestHotstuff355.39+0.003%KuCoin355.40+0.006%Ondo Perps355.48+0.028%Pacifica355.58+0.055%
ApeX Omni
Hotstuff
KuCoin
Ondo Perps
PacificaVariational Omni355.58+0.057%
Arcus355.59+0.059%Phoenix355.62+0.068%Polymarket Perps355.64+0.073%edgeX355.66+0.078%tradeXYZ355.66+0.079%Gate355.68+0.084%Extended355.68+0.084%QFEX355.69+0.087%Aftermath Perps355.70+0.090%Bybit355.72+0.096%Binance355.73+0.098%Paradex355.74+0.102%OKX355.75+0.104%Bitget355.76+0.107%Aster355.77+0.111%Lighter RH355.79+0.115%Nado355.82+0.125%Lighter355.85+0.132%SoDEX355.89+0.144%Vest355.90+0.146%BloFin355.91+0.149%Deribit355.93+0.155%Aevo355.93+0.156%SunX355.95+0.160%Coinbase International355.98+0.169%Phemex355.98+0.169%
Arcus
Phoenix
Polymarket Perps
tradeXYZ
Gate
Extended
QFEX
Bybit
Binance
Paradex
OKX
Bitget
Aster
Lighter RH
Nado
Lighter
SoDEX
Vest
BloFin
Deribit
Aevo
SunX
Coinbase International
PhemexOrderly355.99+0.172%
HTX356.13+0.211%Injective357.12+0.490%
HTX
InjectiveGOOGL on 35 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| ApeX Omni GOOGLUSDT | −0.057% | +0.0100% | 1h | $21K | $9K | 50x | as long as short |
| Hotstuff GOOGL-PERP | −0.055% | −0.0024% | 1h | $33K | — | 20x | as long as short |
| KuCoin GOOGLUSDTM | −0.052% | +0.0100% | 8h | $3.0M | $65K | 20x | as long as short |
| Ondo Perps GOOGL-USD.P | −0.029% | +0.0050% | 1h | $2.3M | $4.3M | 15x | as long as short |
| Pacifica GOOGL | −0.002% | +0.0100% | 1h | $44K | $42K | 10x | as long as short |
| Variational Omni GOOGLlong | 0.000% | +0.0029% | 8h | $4.2M | $2.3M | — | |
| Arcus GOOGL-USD | +0.002% | +0.0077% | 1h | $201K | $282K | 10x | as long as short |
| Phoenix GOOGL | +0.010% | +0.0112% | 1h | $137K | $47K | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.016% | +0.0050% | 1h | $690K | $429K | 10x | as long as short |
| edgeX GOOGLUSDC | +0.020% | +0.0815% | 4h | $208K | $1.0M | 10x | as long as short |