Spread before costs (cost unknown: a leg has no order-book sample)+0.103%
7d average—if it closes, per $10,000$10funding while held, a day−$6.47
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni QQQUSDT | 741.27 | 0.0100 | pay 0.0013% / 1h | 5m 17s | $20K | $2.1M | 50x |
| Short | GMX QQQ/USD [ETH-USDC] | 742.03 | L −0.0015% / S +0.0116% | pay 0.0014% / 1h | 5m 17s | $23K | — | 53x |
ApeX Omni QQQUSDT
GMX QQQ/USD [ETH-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $10.32
- Funding while held
- −$6.47
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$18.15
- Spread needed to break even
- 0.220%
Slippage unknown: ApeX Omni: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0216%
- Per $10,000 a day
- −$6.47
- Average in range /8h
- —
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 ApeX Omni live order book, 5 min ago | 3.85 bp | 9.7 bp −$10 | 20.5 bp −$205 | doesn't fit | 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 price on every exchange
against the cheapest. Click to use as the short leg.Arcus740.93cheapestOndo Perps741.03+0.013%BloFin741.18+0.034%Coinbase International741.24+0.042%Gate741.26+0.045%
Arcus
Ondo Perps
BloFin
Coinbase International
GateApeX Omni741.27+0.046%
Phoenix741.29+0.049%Aevo741.48+0.074%Nado741.54+0.083%KuCoin741.57+0.086%Aster741.74+0.109%RISEx741.75+0.110%edgeX741.81+0.119%Variational Omni741.81+0.119%OKX741.82+0.120%Lighter741.85+0.124%Deribit741.85+0.124%Orderly741.94+0.136%HTX741.95+0.138%Bybit742.00+0.144%
Phoenix
Aevo
Nado
KuCoin
Aster
RISEx
Variational Omni
OKX
Lighter
Deribit
Orderly
HTX
BybitGMX742.03+0.149%
Binance742.04+0.150%Bitget742.06+0.153%Phemex742.07+0.154%Lighter RH742.30+0.185%SunX742.35+0.192%Vest742.56+0.220%
Binance
Bitget
Phemex
Lighter RH
SunX
VestQQQ on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | −0.046% | −0.0043% | 1h | $758K | $1.5M | 25x | as long as short |
| Ondo Perps QQQ-USD.P | −0.032% | −0.0182% | 1h | $4.2M | $2.3M | 20x | as long as short |
| BloFin QQQ-USDT | −0.012% | +0.0120% | 8h | $1.0M | $493K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.004% | +0.0064% | 1h | $1.2M | $846K | 20x | as long as short |
| Gate QQQ_USDT | −0.001% | 0.0000% | 8h | $3.0M | $33.6M | 50x | as long as short |
| ApeX Omni QQQUSDTlong | 0.000% | +0.0100% | 1h | $20K | $2.1M | 50x | |
| Phoenix QQQ | +0.003% | +0.0054% | 1h | $38K | $73K | 20x | as long as short |
| Aevo QQQ-PERP | +0.028% | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.037% | +0.0124% | 1h | $1.5M | $1.4M | 20x | as long as short |
| KuCoin QQQUSDTM | +0.040% | +0.0100% | 8h | $3.4M | $436K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster QQQUSDT | +0.063% | +0.0030% | 8h | $843K | $573K | 20x | as long as short |
| RISEx QQQ/USDC | +0.064% | 0.0000% | 1h | $5.4M | $9.1M | 25x | as long as short |
| edgeX QQQUSDC | +0.073% | +0.0772% | 4h | $758K | $336K | 20x | as long as short |
| Variational Omni QQQ | +0.073% | +0.0092% | 8h | $17.5M | $10.0M | — | as long as short |
| OKX QQQ-USDT-SWAP | +0.074% | 0.0000% | 8h | $21.2M | $25.7M | 50x | as long as short |
| Lighter QQQ | +0.078% | +0.0032% | 1h | $8.0M | $21.5M | 30x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.078% | +0.0047% | 1h | $424K | $302K | 20x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.090% | +0.0100% | 8h | $7K | $15K | 20x | as long as short |
| HTX QQQ-USDT | +0.092% | 0.0000% | 8h | $256K | $33K | 30x | as long as short |
| Bybit QQQUSDT | +0.098% | +0.0059% | 8h | $10.7M | $5.6M | 50x | as long as short |
| GMX QQQ/USD [ETH-USDC]short | +0.103% | L −0.0015% / S +0.0116% | 1h | $23K | — | 53x | |
| Binance QQQUSDT | +0.104% | +0.0115% | 8h | $69.9M | $152.7M | 25x | as long as short |
| Bitget QQQUSDT | +0.107% | +0.0278% | 8h | $16.8M | $7.5M | 20x | as long as short |
| Phemex QQQUSDT | +0.108% | 0.0000% | 8h | $359K | $1.3M | 10x | as long as short |
| Lighter RH QQQ | +0.139% | +0.0032% | 1h | $39.7M | $83.5M | 50x | as long as short |
| SunX QQQ-USDT | +0.146% | 0.0000% | 8h | $1K | $2.5M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.174% | +0.0046% | 1h | — | $621K | 50x | as long as short |