Funding you earn now, next payment 07:00 UTC−0.0286%/8h= −31.3% APRnext payment −$0.36 per $10,000 · paid last 24h −0.044%
Price spread now: GMX against Lighter RH−0.017%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH QQQ | 742.25 | 0.0032 | pay 0.0004% / 1h | 16m 59s | $37.1M | $81.2M | 50x |
| Short | GMX QQQ/USD [ETH-USDC] | 742.13 | L −0.0163% / S +0.0254% | pay 0.0032% / 1h | 16m 59s | $25K | — | 26x |
Lighter RH QQQ
GMX QQQ/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$60.05
- Price spread: −0.017% → 0.000%
- −$1.68
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$73.74
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 2 min ago; GMX: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter RH live order book, 2 min ago | 0.47 bp | 0.6 bp −$1 | 1.2 bp −$12 | 10.2 bp −$1,018 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC]short | L −0.0163% / S +0.0254% | 1h | 742.13 | −0.017% | $25K | — | 26x | |
| Gate QQQ_USDT | −0.0037% | 8h | 741.43 | −0.110% | $3.4M | $21.5M | 50x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0005% | 1h | 741.10 | −0.155% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.13 | −0.016% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.98 | −0.036% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.88 | −0.050% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.98 | −0.036% | $5.5M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.14 | −0.015% | $16.5M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.08 | −0.024% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.96 | +0.096% | $2K | $1.8M | 10x | as long as short |
Gate QQQ_USDT
Ondo Perps QQQ-USD.P
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 | 742.23 | −0.003% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.33 | +0.011% | $360K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0004% | 8h | 742.08 | −0.023% | $70.0M | $144.5M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0007% | 8h | 741.89 | −0.049% | $1.1M | $271K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.35 | −0.121% | $1.2M | $526K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.95 | −0.040% | $7.7M | $15.5M | 30x | as long as short |
| Lighter RH QQQlong | +0.0032% | 1h | 742.25 | long leg | $37.1M | $81.2M | 50x | |
| Arcus QQQ-USD | +0.0040% | 1h | 741.27 | −0.132% | $687K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.09 | +0.113% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.68 | −0.077% | $3.4M | $354K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.74 | −0.069% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.86 | −0.053% | $12K | $21K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0101% | 1h | 741.92 | −0.044% | $424K | $154K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.37 | −0.118% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0119% | 8h | 742.25 | 0.000% | $322K | $2.0M | 10x | as long as short |
| Nado QQQ-PERP | +0.0127% | 1h | 741.81 | −0.059% | $1.6M | $769K | 20x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.63 | −0.084% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0726% | 4h | 741.94 | −0.042% | $759K | $336K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Deribit QQQ_USDC-PERPETUAL
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC