Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.012%
Price spread now: HTX against Lighter RH+0.028%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 3 days (all we have)−0.015%−$2 · spread now +0.028%, 7d avg +0.045%
=Together, before fees−0.136%+ Points / potential airdropLighter RH: Points live · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: −$1 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 | 744.59 | 0.0032 | pay 0.0004% / 1h | 47m 03s | $37.4M | $79.0M | 50x |
| Short | HTX QQQ-USDT | 744.80 | 0 | get 0.0000% / 8h | 7h 47m | $257K | $29K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$6.72
- Price spread: +0.028% → +0.045%
- −$1.68
- Slippage, 4 orders
- −$14.34
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$34.73
- Costs to cover
- 0.263%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; HTX: live order book, 25 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, 2 min ago | 0.47 bp | 1.2 bp −$1 | 2.8 bp −$28 | 9.3 bp −$932 | doesn't fit |
| Sell HTX live order book, 25 min ago | 0.27 bp | 10.3 bp −$10 | 16.0 bp −$160 | 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 | −0.0371% | 1h | 742.44 | −0.289% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0082% / S +0.0191% | 1h | 744.50 | −0.011% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0022% | 8h | 744.06 | −0.071% | $1.0M | $318K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.90 | −0.092% | $841K | $760K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.33 | −0.035% | $21.5M | $25.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.14 | −0.060% | $3.2M | $26.6M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.90 | +0.042% | $2K | $2.2M | 10x | as long as short |
| HTX QQQ-USDTshort | 0.0000% | 8h | 744.80 | +0.028% | $257K | $29K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 744.78 | +0.026% | $360K | $1.4M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0005% | 1h | 744.12 | −0.063% | $425K | $147K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.25 | −0.046% | $7.6M | $18.1M | 30x | as long as short |
| Lighter RH QQQlong | +0.0032% | 1h | 744.59 | long leg | $37.4M | $79.0M | 50x | |
| Variational Omni QQQ | +0.0039% | 8h | 743.94 | −0.087% | $17.1M | $10.8M | — | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.39 | −0.161% | $747K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.94 | +0.047% | — | $336K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.73 | −0.115% | $1.2M | $625K | 20x | as long as short |
| Binance QQQUSDT | +0.0070% | 8h | 744.49 | −0.014% | $71.0M | $155.2M | 25x | as long as short |
| Bybit QQQUSDT | +0.0079% | 8h | 744.62 | +0.004% | $10.7M | $4.9M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.02 | −0.077% | $3.4M | $413K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.83 | −0.102% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.17 | −0.056% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.69 | −0.120% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0112% | 1h | 743.99 | −0.080% | $1.5M | $1.2M | 20x | as long as short |
| Bitget QQQUSDT | +0.0178% | 8h | 744.52 | −0.009% | $16.9M | $6.6M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.47 | −0.016% | $5.5M | $9.0M | 25x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0219% | 8h | 744.39 | −0.027% | $327K | $1.8M | 10x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 743.91 | −0.091% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0995% | 4h | 744.25 | −0.045% | $761K | $336K | 20x | as long as short |
Lighter RH QQQ
HTX QQQ-USDT
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Phemex QQQUSDT
Deribit QQQ_USDC-PERPETUAL
Lighter QQQ
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Bybit QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Bitget QQQUSDT
RISEx QQQ/USDC
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC