After costs, if the gap returns to its 7d average, $10k−$22
spread now−0.043%7d average−0.082%fees + slippage, in and out−$26spread needed0.262%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QQQUSDT | 739.62 | 0.0089 | pay 0.0089% / 8h | 6h 29m | $10.8M | $5.1M | 50x |
| Short | Deribit QQQ_USDC-PERPETUAL | 739.30 | 0.0048 | get 0.0006% / 1h | 29m 26s | $422K | $309K | 20x |
Bybit QQQUSDT
Deribit QQQ_USDC-PERPETUALPrice 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
- −$4.33
- Funding while held
- −$1.24
- Slippage, 4 orders
- −$8.17
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$31.74
- Spread needed to break even
- 0.262%
Slippage from Bybit: live order book, 5 min ago; Deribit: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0041%
- Per $10,000 a day
- −$1.24
- 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, 5 min ago | 0.07 bp | 7.0 bp −$7 | 12.4 bp −$124 | 74.8 bp −$7,483 | doesn't fit |
| Sell Deribit live order book, 11 min ago | 0.07 bp | 8.9 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps738.59cheapestPhoenix738.67+0.011%Arcus738.73+0.019%Coinbase International738.74+0.020%ApeX Omni738.78+0.026%BloFin738.86+0.037%Aevo738.92+0.044%Nado738.99+0.054%Gate739.00+0.056%Variational Omni739.11+0.070%KuCoin739.11+0.070%RISEx739.18+0.080%edgeX739.20+0.083%Aster739.24+0.088%
Ondo Perps
Phoenix
Arcus
Coinbase International
ApeX Omni
BloFin
Aevo
Nado
Gate
Variational Omni
KuCoin
RISEx
AsterDeribit739.30+0.096%
OKX739.33+0.100%Lighter739.41+0.111%Orderly739.44+0.115%Binance739.51+0.125%GMX739.53+0.128%HTX739.57+0.133%
OKX
Lighter
Orderly
Binance
GMX
HTXBybit739.62+0.139%
Bitget739.62+0.139%Lighter RH739.70+0.150%Phemex739.73+0.154%SunX739.81+0.165%Vest740.06+0.199%
Bitget
Lighter RH
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 | −0.139% | −0.0088% | 1h | $4.2M | $2.1M | 20x | as long as short |
| Phoenix QQQ | −0.128% | +0.0227% | 1h | $38K | $74K | 20x | as long as short |
| Arcus QQQ-USD | −0.120% | +0.0040% | 1h | $763K | $1.4M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.119% | +0.0048% | 1h | $1.2M | $825K | 20x | as long as short |
| ApeX Omni QQQUSDT | −0.114% | +0.0100% | 1h | $22K | $2.1M | 50x | as long as short |
| BloFin QQQ-USDT | −0.103% | −0.0028% | 8h | $1.0M | $471K | 20x | as long as short |
| Aevo QQQ-PERP | −0.095% | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | −0.085% | +0.0102% | 1h | $1.5M | $1.4M | 20x | as long as short |
| Gate QQQ_USDT | −0.084% | 0.0000% | 8h | $2.9M | $33.6M | 50x | as long as short |
| Variational Omni QQQ | −0.070% | +0.0111% | 8h | $17.7M | $9.8M | — | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin QQQUSDTM | −0.069% | +0.0100% | 8h | $3.4M | $431K | 20x | as long as short |
| RISEx QQQ/USDC | −0.059% | +0.0041% | 1h | $5.6M | $8.9M | 25x | as long as short |
| edgeX QQQUSDC | −0.057% | +0.0604% | 4h | $756K | $336K | 20x | as long as short |
| Aster QQQUSDT | −0.051% | +0.0055% | 8h | $824K | $522K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUALshort | −0.043% | +0.0048% | 1h | $422K | $309K | 20x | |
| OKX QQQ-USDT-SWAP | −0.039% | 0.0000% | 8h | $20.9M | $23.5M | 50x | as long as short |
| Lighter QQQ | −0.028% | +0.0032% | 1h | $8.1M | $20.7M | 30x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | −0.024% | +0.0100% | 8h | $7K | $15K | 20x | as long as short |
| Binance QQQUSDT | −0.015% | +0.0129% | 8h | $69.7M | $147.1M | 25x | as long as short |
| GMX QQQ/USD [ETH-USDC] | −0.011% | L −0.0011% / S +0.0112% | 1h | $23K | — | 53x | as long as short |
| HTX QQQ-USDT | −0.007% | 0.0000% | 8h | $258K | $27K | 30x | as long as short |
| Bybit QQQUSDTlong | 0.000% | +0.0089% | 8h | $10.8M | $5.1M | 50x | |
| Bitget QQQUSDT | 0.000% | +0.0281% | 8h | $16.5M | $7.2M | 20x | as long as short |
| Lighter RH QQQ | +0.011% | +0.0032% | 1h | $39.9M | $80.3M | 50x | as long as short |
| Phemex QQQUSDT | +0.015% | 0.0000% | 8h | $357K | $1.2M | 10x | as long as short |
| SunX QQQ-USDT | +0.026% | 0.0000% | 8h | $2K | $2.5M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.059% | +0.0046% | 1h | — | $619K | 50x | as long as short |