Settings8H · net · $10k
Funding arb · Price arb /

QQQ

RWAall QQQ markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.009%
Price spread now: Aevo against Lighter−0.084%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.085%+$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Aevo is 0.084% cheaper against Lighter than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 3.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter QQQ744.300.0032pay 0.0004% / 1h8m 14s$7.7M$17.2M30x
ShortAevo QQQ-PERP743.670.0104get 0.0013% / 1h8m 14s$93K$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$15.12
Price spread: −0.084% → 0.000%
−$8.45
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$9.33
Costs to cover
0.160%
Break-even
11.3 days
Slippage unknown: Lighter: live order book, 5 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 5 min ago0.07 bp0.1 bp $01.5 bp −$1513.4 bp −$1,34450.1 bp −$25.0K
Sell Aevo no order-book sample
Aevo: 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.

QQQ on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0115% / S +0.0217%1h744.54+0.033%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0072%1h743.09−0.163%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0016%8h744.32+0.003%$1.1M$293K20xas long as short
Aster QQQUSDT0.0000%8h744.41+0.015%$841K$714K20xas long as short
Bybit QQQUSDT0.0000%8h744.59+0.039%$10.7M$5.0M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.36+0.008%$21.5M$26.9M50xas long as short
RISEx QQQ/USDC0.0000%1h744.57+0.036%$5.4M$7.5M25xas long as short
Gate QQQ_USDT0.0000%8h744.12−0.024%$3.3M$21.2M50xas long as short
Bitget QQQUSDT0.0000%8h744.63+0.044%$16.9M$5.7M20xas long as short
SunX QQQ-USDT0.0000%8h744.90+0.081%$1K$1.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX QQQ-USDT0.0000%8h744.62+0.043%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h745.07+0.103%$359K$1.5M10xas long as short
Variational Omni QQQ+0.0022%8h744.27−0.004%$17.1M$7.5Mas long as short
Lighter QQQlong+0.0032%1h744.30long leg$7.7M$17.2M30x
Lighter RH QQQ+0.0032%1h744.74+0.059%$37.1M$80.4M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h743.97−0.044%$1.2M$535K20xas long as short
Arcus QQQ-USD+0.0040%1h743.58−0.097%$695K$1.6M25xas long as short
Vest QQQ-USD-PERP+0.0046%1h745.48+0.159%$337K50xas long as short
Binance QQQUSDT+0.0053%8h744.48+0.024%$71.2M$143.0M25xas long as short
Nado QQQ-PERP+0.0082%1h744.10−0.027%$1.5M$878K20xas long as short
KuCoin QQQUSDTM+0.0100%8h744.19−0.015%$3.4M$405K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h744.01−0.039%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.27−0.004%$12K$21K20xas long as short
Aevo QQQ-PERPshort+0.0104%1h743.67−0.084%$93K$1K10x
GRVT QQQ_USDT_Perp+0.0124%8h744.68+0.050%$322K$1.9M10xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0126%1h744.29−0.001%$425K$149K20xas long as short
Phoenix QQQ+0.0161%1h744.07−0.031%$38K$66K20xas long as short
edgeX QQQUSDC+0.0919%4h744.26−0.005%$761K$334K20xas long as short