Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRpaid last 24h +0.008%
Price spread now: BloFin against Lighter0.000%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$140.139% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now 0.000%, 7d avg +0.017%
=Together, before fees−0.138%+ Points / potential airdropLighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter QQQ | 741.67 | 0.0032 | pay 0.0004% / 1h | 37m 16s | $7.7M | $15.3M | 30x |
| Short | BloFin QQQ-USDT | 741.67 | 0.0018 | get 0.0018% / 8h | 37m 16s | $1.1M | $274K | 20x |
Lighter QQQ
BloFin QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.9
- Price spread: 0.000% → +0.017%
- −$1.74
- Slippage, 4 orders
- −$1.91
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$18.54
- Costs to cover
- 0.139%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 6 min ago; BloFin: live order book, 5 min ago.
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 Lighter live order book, 6 min ago | 0.67 bp | 1.0 bp −$1 | 1.9 bp −$19 | 14.1 bp −$1,408 | 48.5 bp −$24.2K |
| Sell BloFin live order book, 5 min ago | 0.14 bp | 6.1 bp −$6 | 6.7 bp −$67 | 12.8 bp −$1,276 | doesn't fit |
QQQ on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0181% | 1h | 740.43 | −0.167% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0171% / S +0.0260% | 1h | 741.92 | +0.034% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0074% | 8h | 741.44 | −0.031% | $3.3M | $21.6M | 50x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.82 | +0.020% | $821K | $861K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.95 | +0.038% | $10.7M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.66 | −0.001% | $21.4M | $28.4M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.67 | +0.001% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.99 | +0.043% | $16.5M | $5.4M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.02 | +0.047% | $16.8M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.60 | +0.125% | $2K | $1.8M | 10x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 742.02 | +0.047% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.08 | +0.055% | $359K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0009% | 8h | 741.90 | +0.031% | $70.2M | $142.2M | 25x | as long as short |
| edgeX QQQUSDC | +0.0011% | 4h | 741.80 | +0.017% | $758K | $335K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.51 | −0.022% | $1.2M | $491K | 20x | as long as short |
| BloFin QQQ-USDTshort | +0.0018% | 8h | 741.67 | 0.000% | $1.1M | $274K | 20x | |
| Lighter QQQlong | +0.0032% | 1h | 741.67 | long leg | $7.7M | $15.3M | 30x | |
| Lighter RH QQQ | +0.0032% | 1h | 742.00 | +0.044% | $37.3M | $80.1M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.30 | −0.050% | $644K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.75 | +0.146% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.48 | −0.026% | $3.4M | $360K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.61 | −0.008% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.54 | −0.018% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.10 | −0.077% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0116% | 1h | 741.41 | −0.036% | $1.6M | $761K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0127% | 8h | 741.96 | +0.039% | $325K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0155% | 1h | 741.58 | −0.012% | $424K | $156K | 20x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.67 | 0.000% | $38K | $65K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
edgeX QQQUSDC
Coinbase International QQQ-PERP-INTX
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ