Spread before costs (cost unknown: a leg has no order-book sample)+0.058%
7d average—if it closes, per $10,000$6funding while held, a day−$2.74
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin QQQ-USDT | 739.06 | −0.0004 | get 0.0004% / 8h | 7h 11m | $1.0M | $469K | 20x |
| Short | GMX QQQ/USD [ETH-USDC] | 739.49 | L +0.0009% / S +0.0095% | pay 0.0012% / 1h | 11m 20s | $23K | — | 53x |
BloFin QQQ-USDT
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
- $5.75
- Funding while held
- −$2.74
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$20.99
- Spread needed to break even
- 0.240%
Slippage unknown: BloFin: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0091%
- Per $10,000 a day
- −$2.74
- 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 BloFin live order book, 2 min ago | 0.14 bp | 6.1 bp −$6 | 6.8 bp −$68 | 8.3 bp −$825 | 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.Ondo Perps737.74cheapestArcus738.60+0.117%Nado738.69+0.129%Coinbase International738.71+0.131%Aevo738.75+0.137%Gate738.78+0.141%ApeX Omni738.82+0.146%Phoenix738.88+0.155%KuCoin738.94+0.163%
Ondo Perps
Arcus
Nado
Coinbase International
Aevo
Gate
ApeX Omni
Phoenix
KuCoinBloFin739.06+0.179%
Deribit739.10+0.184%RISEx739.17+0.193%OKX739.23+0.202%Aster739.27+0.207%Lighter739.29+0.210%Orderly739.34+0.217%Binance739.35+0.218%HTX739.35+0.218%edgeX739.38+0.222%Bybit739.39+0.224%Bitget739.41+0.226%Lighter RH739.42+0.228%Variational Omni739.46+0.233%
Deribit
RISEx
OKX
Aster
Lighter
Orderly
Binance
HTX
Bybit
Bitget
Lighter RH
Variational OmniGMX739.49+0.237%
Phemex739.74+0.271%SunX739.81+0.281%Vest740.06+0.314%
Phemex
SunX
VestQQQ 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 | −0.179% | −0.0298% | 1h | $4.3M | $1.9M | 20x | as long as short |
| Arcus QQQ-USD | −0.062% | +0.0040% | 1h | $782K | $1.5M | 25x | as long as short |
| Nado QQQ-PERP | −0.050% | +0.0206% | 1h | $1.5M | $1.4M | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.047% | +0.0008% | 1h | $1.2M | $823K | 20x | as long as short |
| Aevo QQQ-PERP | −0.042% | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| Gate QQQ_USDT | −0.038% | 0.0000% | 8h | $2.8M | $33.4M | 50x | as long as short |
| ApeX Omni QQQUSDT | −0.032% | +0.0100% | 1h | $22K | $2.1M | 50x | as long as short |
| Phoenix QQQ | −0.024% | +0.0119% | 1h | $38K | $74K | 20x | as long as short |
| KuCoin QQQUSDTM | −0.016% | +0.0100% | 8h | $3.4M | $428K | 20x | as long as short |
| BloFin QQQ-USDTlong | 0.000% | −0.0004% | 8h | $1.0M | $469K | 20x |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | +0.005% | +0.0156% | 1h | $422K | $308K | 20x | as long as short |
| RISEx QQQ/USDC | +0.014% | +0.0221% | 1h | $5.5M | $9.0M | 25x | as long as short |
| OKX QQQ-USDT-SWAP | +0.023% | 0.0000% | 8h | $20.9M | $23.1M | 50x | as long as short |
| Aster QQQUSDT | +0.028% | +0.0056% | 8h | $819K | $520K | 20x | as long as short |
| Lighter QQQ | +0.031% | +0.0144% | 1h | $8.1M | $18.4M | 30x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.038% | +0.0100% | 8h | $14K | $8K | 20x | as long as short |
| Binance QQQUSDT | +0.039% | +0.0131% | 8h | $72.2M | $139.5M | 25x | as long as short |
| HTX QQQ-USDT | +0.039% | 0.0000% | 8h | $258K | $27K | 30x | as long as short |
| edgeX QQQUSDC | +0.043% | +0.0588% | 4h | $756K | $334K | 20x | as long as short |
| Bybit QQQUSDT | +0.045% | +0.0195% | 8h | $10.8M | $5.0M | 50x | as long as short |
| Bitget QQQUSDT | +0.047% | +0.0277% | 8h | $16.5M | $7.2M | 20x | as long as short |
| Lighter RH QQQ | +0.049% | +0.0032% | 1h | $39.9M | $78.7M | 50x | as long as short |
| Variational Omni QQQ | +0.054% | +0.0109% | 8h | $17.5M | $9.4M | — | as long as short |
| GMX QQQ/USD [ETH-USDC]short | +0.058% | L +0.0009% / S +0.0095% | 1h | $23K | — | 53x | |
| Phemex QQQUSDT | +0.092% | 0.0000% | 8h | $359K | $1.3M | 10x | as long as short |
| SunX QQQ-USDT | +0.101% | 0.0000% | 8h | $2K | $2.4M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.135% | +0.0046% | 1h | — | $539K | 50x | as long as short |