Funding you earn now, next payment 09:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.018%
Price spread now: Lighter RH against KuCoin+0.059%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$220.224% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 7 days+0.076%+$8 · spread now +0.059%, 7d avg +0.041%
=Together, before fees−0.013%+ Points / potential airdropLighter RH: Points live · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QQQUSDTM | 739.97 | 0.0100 | pay 0.0100% / 8h | 7h 34m | $3.4M | $382K | 20x |
| Short | Lighter RH QQQ | 740.41 | 0.0032 | get 0.0004% / 1h | 34m 02s | $37.5M | $79.6M | 50x |
KuCoin QQQUSDTM
Lighter RH QQQFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against KuCoin. 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
- −$14.28
- Price spread: +0.059% → +0.041%
- $1.85
- Slippage, 4 orders
- −$10.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$34.85
- Costs to cover
- 0.224%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Lighter RH: 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 KuCoin live order book, 3 min ago | 1.69 bp | 8.8 bp −$9 | 87.4 bp −$874 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 0.14 bp | 1.1 bp −$1 | 1.8 bp −$18 | 10.1 bp −$1,012 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0184% / S +0.0271% | 1h | 740.25 | +0.037% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 740.28 | +0.042% | $822K | $868K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 739.99 | +0.003% | $21.6M | $28.2M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 739.99 | +0.003% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 739.79 | −0.024% | $3.4M | $20.6M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 740.24 | +0.036% | $16.5M | $5.1M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 740.67 | +0.095% | $2K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 740.70 | +0.099% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 740.75 | +0.105% | $364K | $1.6M | 10x | as long as short |
| Variational Omni QQQ | +0.0002% | 8h | 740.22 | +0.034% | $16.7M | $7.2M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit QQQUSDT | +0.0007% | 8h | 740.24 | +0.036% | $10.6M | $5.0M | 50x | as long as short |
| edgeX QQQUSDC | +0.0010% | 4h | 740.44 | +0.064% | $757K | $335K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0022% | 8h | 740.23 | +0.035% | $1.1M | $274K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0024% | 1h | 740.02 | +0.007% | $1.2M | $495K | 20x | as long as short |
| Binance QQQUSDT | +0.0031% | 8h | 740.23 | +0.035% | $70.0M | $139.9M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 740.07 | +0.014% | $7.6M | $15.3M | 30x | as long as short |
| Lighter RH QQQshort | +0.0032% | 1h | 740.41 | +0.059% | $37.5M | $79.6M | 50x | |
| Arcus QQQ-USD | +0.0040% | 1h | 739.39 | −0.078% | $646K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 741.16 | +0.161% | — | $337K | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 739.24 | −0.099% | $4.2M | $1.8M | 20x | as long as short |
| KuCoin QQQUSDTMlong | +0.0100% | 8h | 739.97 | long leg | $3.4M | $382K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 739.84 | −0.018% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 740.08 | +0.015% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 739.71 | −0.035% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0150% | 1h | 739.78 | −0.026% | $1.6M | $742K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0155% | 1h | 740.19 | +0.030% | $423K | $158K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0184% | 8h | 740.55 | +0.078% | $326K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0248% | 1h | 739.82 | −0.020% | $38K | $65K | 20x | as long as short |
Bybit QQQUSDT
edgeX QQQUSDC
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Ondo Perps QQQ-USD.P
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
Phoenix QQQ