QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h −0.002%

Price spread now: Arcus against Lighter RH−0.097%7-day average −0.139% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$9as in the Price arb table

costs, in and out, $10k−$130.133% of the position

Long on Lighter RH Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.006%−$1 on $10k

Price spread, last 7 days−0.032%−$3 · spread now −0.097%, 7d avg −0.139%

Together, before fees−0.038%+ Points / potential airdropLighter RH: Points live · farm board−$4 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.042% dearer against Lighter RH than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.139%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH QQQ	742.00	0.0032	pay 0.0004% / 1h	36m 26s	$37.3M	$80.1M	50x
Short	Arcus QQQ-USD	741.28	0.0040	get 0.0005% / 1h	36m 26s	$644K	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Lighter RH. 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

Position, each leg$Hold fordaysFee Lighter RHbpFee ArcusbpOrdersPrice spread, now −0.097%Rate

Funding earned: $1.74
Price spread: −0.097% → −0.139%: $4.24
Slippage, 4 orders: −$8.82
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$7.34
Costs to cover: 0.133%
Break-even: 36.6 days

Slippage from Lighter RH: live order book, 3 min ago; Arcus: live order book, 3 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 RH live order book, 3 min ago	0.07 bp	0.4 bp $0	1.1 bp −$11	9.4 bp −$941	doesn't fit
Sell Arcus live order book, 3 min ago	0.61 bp	6.4 bp −$6	10.3 bp −$103	doesn't fit	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	−0.0178%	1h	740.56	−0.194%	$4.2M	$1.8M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0171% / S +0.0261%	1h	741.96	−0.006%	$25K	—	26x	as long as short
Gate QQQ_USDT	−0.0074%	8h	741.41	−0.080%	$3.3M	$21.6M	50x	as long as short
Aster QQQUSDT	0.0000%	8h	741.87	−0.017%	$821K	$861K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	742.02	+0.003%	$10.7M	$5.1M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	741.67	−0.044%	$21.4M	$28.4M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	741.68	−0.044%	$5.4M	$6.3M	25x	as long as short
Bitget QQQUSDT	0.0000%	8h	741.99	−0.001%	$16.5M	$5.4M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	742.02	+0.003%	$16.8M	$7.2M	—	as long as short
SunX QQQ-USDT	0.0000%	8h	742.60	+0.081%	$2K	$1.8M	10x	as long as short

Show 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	+0.003%	$251K	$41K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	742.08	+0.011%	$359K	$1.6M	10x	as long as short
Binance QQQUSDT	+0.0010%	8h	741.95	−0.007%	$70.2M	$142.2M	25x	as long as short
edgeX QQQUSDC	+0.0011%	4h	741.80	−0.027%	$758K	$335K	20x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0016%	1h	741.51	−0.066%	$1.2M	$491K	20x	as long as short
BloFin QQQ-USDT	+0.0018%	8h	741.67	−0.044%	$1.1M	$274K	20x	as long as short
Lighter QQQ	+0.0032%	1h	741.67	−0.044%	$7.7M	$15.3M	30x	as long as short
Lighter RH QQQlong	+0.0032%	1h	742.00	long leg	$37.3M	$80.1M	50x
Arcus QQQ-USDshort	+0.0040%	1h	741.28	−0.097%	$644K	$1.7M	25x
Vest QQQ-USD-PERP	+0.0046%	1h	742.80	+0.108%	—	$337K	50x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	741.47	−0.071%	$3.4M	$360K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	741.61	−0.053%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	741.57	−0.058%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	741.13	−0.118%	$92K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0117%	1h	741.41	−0.079%	$1.6M	$761K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0127%	8h	741.96	−0.006%	$325K	$2.0M	10x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0155%	1h	741.58	−0.057%	$424K	$156K	20x	as long as short
Phoenix QQQ	+0.0227%	1h	741.67	−0.044%	$38K	$65K	20x	as long as short