After costs, if the gap returns to its 7d average, $10k−$26
spread now−0.012%7d average−0.013%fees + slippage, in and out−$27spread needed0.265%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QQQUSDT | 735.99 | 0 | get 0.0000% / 8h | 1h 25m | $10.9M | $4.7M | 50x |
| Short | Binance QQQUSDT | 735.90 | 0.0034 | get 0.0034% / 8h | 1h 25m | $61.7M | $109.9M | 25x |
Bybit QQQUSDT
Binance QQQUSDTPrice 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
- −$1.18
- Funding while held
- $1.01
- Slippage, 4 orders
- −$5.55
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$26.72
- Spread needed to break even
- 0.265%
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0034%
- Per $10,000 a day
- +$1.01
- 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 Bybit live order book, 4 min ago | 0.41 bp | 9.3 bp −$9 | 13.1 bp −$131 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.07 bp | 5.1 bp −$5 | 5.2 bp −$52 | 8.8 bp −$881 | doesn't fit |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps734.49cheapestPhoenix734.86+0.050%Aevo734.98+0.067%BloFin734.99+0.068%Coinbase International735.00+0.069%Arcus735.02+0.072%ApeX Omni735.13+0.087%Gate735.28+0.108%edgeX735.35+0.118%Deribit735.38+0.121%KuCoin735.39+0.123%Nado735.47+0.133%OKX735.49+0.136%HTX735.50+0.138%Orderly735.52+0.140%Aster735.64+0.157%Phemex735.69+0.163%Variational Omni735.71+0.167%RISEx735.85+0.185%GMX735.87+0.187%Bitget735.88+0.189%
Ondo Perps
Phoenix
Aevo
BloFin
Coinbase International
Arcus
ApeX Omni
Gate
Deribit
KuCoin
Nado
OKX
HTX
Orderly
Aster
Phemex
Variational Omni
RISEx
GMX
BitgetBinance735.90+0.192%
Lighter735.92+0.195%
LighterBybit735.99+0.204%
Lighter RH736.08+0.216%SunX736.38+0.257%Vest736.53+0.278%
Lighter RH
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 | −0.204% | −0.0151% | 1h | $4.3M | $1.8M | 20x | as long as short |
| Phoenix QQQ | −0.154% | −0.0197% | 1h | $50K | $24K | 20x | as long as short |
| Aevo QQQ-PERP | −0.137% | +0.0104% | 1h | $91K | $1K | 10x | as long as short |
| BloFin QQQ-USDT | −0.136% | +0.0120% | 8h | $987K | $454K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.135% | −0.0056% | 1h | $1.2M | $783K | 20x | as long as short |
| Arcus QQQ-USD | −0.132% | −0.0073% | 1h | $783K | $1.4M | 25x | as long as short |
| ApeX Omni QQQUSDT | −0.117% | +0.0100% | 1h | $16K | $2.1M | 50x | as long as short |
| Gate QQQ_USDT | −0.096% | 0.0000% | 8h | $2.7M | $31.2M | 50x | as long as short |
| edgeX QQQUSDC | −0.086% | −0.0900% | 4h | $751K | $331K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | −0.083% | 0.0000% | 1h | $420K | $291K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin QQQUSDTM | −0.082% | +0.0100% | 8h | $3.3M | $387K | 20x | as long as short |
| Nado QQQ-PERP | −0.071% | +0.0053% | 1h | $1.5M | $1.3M | 20x | as long as short |
| OKX QQQ-USDT-SWAP | −0.068% | 0.0000% | 8h | $20.0M | $17.4M | 50x | as long as short |
| HTX QQQ-USDT | −0.067% | 0.0000% | 8h | $257K | $26K | 30x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | −0.064% | +0.0100% | 8h | $6K | — | 20x | as long as short |
| Aster QQQUSDT | −0.048% | 0.0000% | 8h | $548K | $200K | 20x | as long as short |
| Phemex QQQUSDT | −0.041% | 0.0000% | 8h | $359K | $1.3M | 10x | as long as short |
| Variational Omni QQQ | −0.037% | +0.0010% | 8h | $17.6M | $8.8M | — | as long as short |
| RISEx QQQ/USDC | −0.019% | 0.0000% | 1h | $5.3M | $8.3M | 25x | as long as short |
| GMX QQQ/USD [ETH-USDC] | −0.017% | L +0.0026% / S +0.0036% | 1h | $13K | — | 26x | as long as short |
| Bitget QQQUSDT | −0.015% | +0.0206% | 8h | $16.7M | $6.1M | 20x | as long as short |
| Binance QQQUSDTshort | −0.012% | +0.0034% | 8h | $61.7M | $109.9M | 25x | |
| Lighter QQQ | −0.010% | +0.0168% | 1h | $7.4M | $15.8M | 30x | as long as short |
| Bybit QQQUSDTlong | 0.000% | 0.0000% | 8h | $10.9M | $4.7M | 50x | |
| Lighter RH QQQ | +0.012% | +0.0064% | 1h | $40.6M | $70.2M | 50x | as long as short |
| SunX QQQ-USDT | +0.053% | 0.0000% | 8h | $2K | $2.1M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.073% | +0.0046% | 1h | — | $380K | 50x | as long as short |