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GOOGL
MSFT
Platforms

GOOGL ⇄ MSFT

92.78
-7.22% since 2026-08-23 · 7d +3.43%

Search and cloud against Office and cloud. Long is long Alphabet Class A and short Microsoft.

Index, 30 daily closes━ index · ━ GOOGL alone · ┅ MSFT alone (rebased to 100)
919610010410808-2309-0709-21
Node not answeringPaper venuewaiting for a read
Mark (settled)92.7832
Spot index—
Last daily close99.1884
GOOGL · MSFT$344.11 · $516.86

The slow clock here is the time-weighted mean of this page's own reads (up to 30 min); AmphiBook keeps the same mean on chain, updated on every poke.

Your paper positions

Connect a wallet to start a paper session with $10.00K of test USDG. Nothing is sent on chain.

The pair in numbers

30d realised vol18.9%
Correlation of the legs0.61
High · low100.00 · 93.33
1d · 7d · all+0.51% · +3.43% · -0.81%
Base day2026-08-23 · $347.85 / $484.77

Where each leg is priced

GOOGL · Alphabet Class A$344.11
Pool · Uniswap v3 0.05%0x34d0…19b7 ↗ $998.14K USDG
MSFT · Microsoft$516.86
Pool · Uniswap v3 0.3%0xeb60…1510 ↗ $472.25K USDG

Skew and escrow, at any book

There is no shared book on the paper venue yet, so this is the formula, not a reading. Drag the open interest.

75% long25% short
Crowded side pays0.40 bp/h (35.0% a year)
Thin side is paid0.60 bp/h on its own OI
To the vault, per day$288.00
Vault escrow, net (at 3× margin)$1.13M vs $1.60M gross

How the mark, the cap and the skew work: two clocks · escrow · skew.