After costs, if the gap returns to its 7d average, $10k−$17
spread now−0.116%7d average−0.135%fees + slippage, in and out−$19spread needed0.194%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance QQQUSDT | 735.90 | 0.0033 | pay 0.0033% / 8h | 1h 26m | $61.7M | $109.9M | 25x |
| Short | Arcus QQQ-USD | 735.05 | −0.0073 | pay 0.0009% / 1h | 26m 55s | $781K | $1.4M | 25x |
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
- −$11.55
- Funding while held
- −$3.18
- Slippage, 4 orders
- −$4.88
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$34.11
- Spread needed to break even
- 0.194%
Slippage from Binance: live order book, 3 min ago; Arcus: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0106%
- Per $10,000 a day
- −$3.18
- 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 Binance live order book, 3 min ago | 0.07 bp | 5.1 bp −$5 | 5.3 bp −$53 | 9.2 bp −$916 | 33.5 bp −$16.7K |
| Sell Arcus live order book, 3 min ago | 0.07 bp | 6.1 bp −$6 | 6.5 bp −$65 | 9.5 bp −$949 | doesn't fit |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.QQQ on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.228% | −0.0153% | 1h | $4.3M | $1.8M | 20x | as long as short |
| Phoenix QQQ | −0.141% | −0.0197% | 1h | $50K | $24K | 20x | as long as short |
| Aevo QQQ-PERP | −0.134% | +0.0104% | 1h | $91K | $1K | 10x | as long as short |
| BloFin QQQ-USDT | −0.124% | +0.0120% | 8h | $987K | $454K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.122% | −0.0056% | 1h | $1.2M | $783K | 20x | as long as short |
| Arcus QQQ-USDshort | −0.116% | −0.0073% | 1h | $781K | $1.4M | 25x | |
| ApeX Omni QQQUSDT | −0.105% | +0.0100% | 1h | $16K | $2.1M | 50x | as long as short |
| Gate QQQ_USDT | −0.094% | 0.0000% | 8h | $2.8M | $31.1M | 50x | as long as short |
| Variational Omni QQQ | −0.080% | +0.0008% | 8h | $17.6M | $8.7M | — | as long as short |
| Nado QQQ-PERP | −0.080% | +0.0051% | 1h | $1.5M | $1.3M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | −0.076% | 0.0000% | 1h | $420K | $291K | 20x | as long as short |
| edgeX QQQUSDC | −0.074% | −0.0900% | 4h | $751K | $331K | 20x | as long as short |
| KuCoin QQQUSDTM | −0.073% | +0.0100% | 8h | $3.3M | $387K | 20x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | −0.063% | +0.0100% | 8h | $6K | — | 20x | as long as short |
| OKX QQQ-USDT-SWAP | −0.054% | 0.0000% | 8h | $20.0M | $17.4M | 50x | as long as short |
| HTX QQQ-USDT | −0.054% | 0.0000% | 8h | $257K | $26K | 30x | as long as short |
| Phemex QQQUSDT | −0.039% | 0.0000% | 8h | $359K | $1.3M | 10x | as long as short |
| Aster QQQUSDT | −0.035% | 0.0000% | 8h | $547K | $200K | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | −0.022% | L +0.0026% / S +0.0036% | 1h | $13K | — | 26x | as long as short |
| Lighter QQQ | −0.022% | +0.0168% | 1h | $7.4M | $15.7M | 30x | as long as short |
| Bitget QQQUSDT | −0.018% | +0.0205% | 8h | $16.7M | $6.1M | 20x | as long as short |
| RISEx QQQ/USDC | −0.015% | 0.0000% | 1h | $5.3M | $8.3M | 25x | as long as short |
| Bybit QQQUSDT | −0.007% | 0.0000% | 8h | $10.9M | $4.7M | 50x | as long as short |
| Binance QQQUSDTlong | 0.000% | +0.0033% | 8h | $61.7M | $109.9M | 25x | |
| Lighter RH QQQ | +0.004% | +0.0064% | 1h | $40.7M | $70.1M | 50x | as long as short |
| SunX QQQ-USDT | +0.050% | 0.0000% | 8h | $2K | $2.1M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.086% | +0.0046% | 1h | — | $380K | 50x | as long as short |
Binance QQQUSDT
Phoenix
BloFin
Coinbase International
ApeX Omni
Gate
Variational Omni
Deribit
KuCoin
OKX
HTX
Phemex
Aster
GMX
Lighter
Bitget
RISEx
Bybit
Lighter RH
SunX