Funding you earn now, next payment 00:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.004%
Price spread now: Lighter against Aevo+0.071%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Lighter is 0.071% dearer against Aevo than usual: you sell high and buy low (spread +0.071% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo QQQ-PERP | 742.83 | 0.0104 | pay 0.0013% / 1h | 13m 17s | $92K | $1K | 10x |
| Short | Lighter QQQ | 743.35 | 0.0064 | get 0.0008% / 1h | 13m 17s | $7.6M | $20.9M | 30x |
Aevo QQQ-PERP
Lighter QQQFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aevo. 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
- −$8.4
- Price spread: +0.071% → 0.000%
- $7.06
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$17.34
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 5 min ago. 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 5 min ago | 0.20 bp | 0.3 bp $0 | 1.3 bp −$13 | 17.6 bp −$1,756 | 59.1 bp −$29.6K |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0077% / S +0.0187% | 1h | 743.50 | +0.091% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0046% | 1h | 742.08 | −0.100% | $4.2M | $2.1M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0002% | 8h | 743.09 | +0.036% | $1.1M | $320K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.51 | +0.092% | $845K | $784K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.31 | +0.065% | $21.5M | $27.6M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.14 | +0.042% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.02 | +0.161% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.13 | +0.041% | $257K | $25K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.97 | +0.154% | $363K | $1.4M | 10x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.65 | +0.111% | $37.4M | $80.8M | 50x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Lighter RH QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0040% | 1h | 742.82 | −0.001% | $747K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.96 | +0.153% | — | $621K | 50x | as long as short |
| Variational Omni QQQ | +0.0046% | 8h | 743.47 | +0.086% | $17.6M | $10.3M | — | as long as short |
| Lighter QQQshort | +0.0064% | 1h | 743.35 | +0.071% | $7.6M | $20.9M | 30x | |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 743.11 | +0.038% | $1.2M | $866K | 20x | as long as short |
| Binance QQQUSDT | +0.0076% | 8h | 743.50 | +0.091% | $71.1M | $160.7M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.03 | +0.028% | $3.4M | $415K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.07 | +0.033% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.24 | +0.056% | $12K | $21K | 20x | as long as short |
| Bybit QQQUSDT | +0.0101% | 8h | 743.60 | +0.104% | $10.7M | $5.2M | 50x | as long as short |
| Aevo QQQ-PERPlong | +0.0104% | 1h | 742.83 | long leg | $92K | $1K | 10x | |
| Nado QQQ-PERP | +0.0173% | 1h | 743.03 | +0.028% | $1.5M | $1.3M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0181% | 1h | 743.26 | +0.058% | $425K | $157K | 20x | as long as short |
| Bitget QQQUSDT | +0.0181% | 8h | 743.52 | +0.093% | $16.9M | $7.0M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0191% | 8h | 743.70 | +0.118% | $323K | $1.8M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.58 | +0.102% | $5.6M | $9.0M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 743.06 | +0.032% | $38K | $73K | 20x | as long as short |
| edgeX QQQUSDC | +0.0546% | 4h | 743.47 | +0.087% | $760K | $337K | 20x | as long as short |
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Bybit QQQUSDT
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Bitget QQQUSDT
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Phoenix QQQ
edgeX QQQUSDC