After costs, if the gap returns to its 7d average, $10k−$27
spread now−0.071%7d average−0.034%fees + slippage, in and out−$23spread needed0.229%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QQQUSDT | 741.84 | 0.0057 | pay 0.0057% / 8h | 5h 06m | $10.7M | $5.6M | 50x |
| Short | Nado QQQ-PERP | 741.31 | 0.0124 | get 0.0015% / 1h | 6m 49s | $1.5M | $1.4M | 20x |
Bybit QQQUSDT
Nado QQQ-PERPPrice 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
- −$7.11
- Funding while held
- $1.99
- Slippage, 4 orders
- −$4.89
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$28.02
- Spread needed to break even
- 0.229%
Slippage from Bybit: live order book, 3 min ago; Nado: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0066%
- Per $10,000 a day
- +$1.99
- 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, 3 min ago | 0.07 bp | 7.6 bp −$8 | 12.0 bp −$120 | 64.4 bp −$6,440 | doesn't fit |
| Sell Nado live order book, 3 min ago | 0.07 bp | 4.8 bp −$5 | 6.3 bp −$63 | 32.5 bp −$3,250 | doesn't fit |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.Arcus740.84cheapestPhoenix740.93+0.012%Ondo Perps741.00+0.022%Gate741.08+0.032%Aevo741.15+0.042%BloFin741.18+0.046%Coinbase International741.24+0.054%ApeX Omni741.27+0.058%KuCoin741.30+0.062%
Arcus
Phoenix
Ondo Perps
Gate
Aevo
BloFin
Coinbase International
ApeX Omni
KuCoinNado741.31+0.064%
edgeX741.44+0.081%Variational Omni741.47+0.085%Deribit741.56+0.097%Lighter741.57+0.099%RISEx741.57+0.099%Aster741.61+0.104%Orderly741.64+0.108%OKX741.68+0.113%Binance741.74+0.121%GMX741.78+0.128%
Variational Omni
Deribit
Lighter
RISEx
Aster
Orderly
OKX
Binance
GMXBybit741.84+0.135%
Bitget741.84+0.135%Phemex741.90+0.143%HTX741.95+0.150%Lighter RH742.03+0.161%SunX742.24+0.189%Vest742.32+0.200%
Bitget
Phemex
HTX
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 | −0.135% | −0.0043% | 1h | $758K | $1.5M | 25x | as long as short |
| Phoenix QQQ | −0.123% | +0.0054% | 1h | $38K | $73K | 20x | as long as short |
| Ondo Perps QQQ-USD.P | −0.113% | −0.0193% | 1h | $4.2M | $2.3M | 20x | as long as short |
| Gate QQQ_USDT | −0.102% | 0.0000% | 8h | $3.0M | $33.6M | 50x | as long as short |
| Aevo QQQ-PERP | −0.093% | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| BloFin QQQ-USDT | −0.089% | +0.0120% | 8h | $1.0M | $493K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.081% | +0.0064% | 1h | $1.2M | $846K | 20x | as long as short |
| ApeX Omni QQQUSDT | −0.077% | +0.0100% | 1h | $20K | $2.1M | 50x | as long as short |
| KuCoin QQQUSDTM | −0.073% | +0.0100% | 8h | $3.4M | $436K | 20x | as long as short |
| Nado QQQ-PERPshort | −0.071% | +0.0124% | 1h | $1.5M | $1.4M | 20x |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX QQQUSDC | −0.053% | +0.0201% | 4h | $758K | $335K | 20x | as long as short |
| Variational Omni QQQ | −0.050% | +0.0090% | 8h | $17.6M | $10.1M | — | as long as short |
| Deribit QQQ_USDC-PERPETUAL | −0.038% | +0.0087% | 1h | $424K | $302K | 20x | as long as short |
| Lighter QQQ | −0.036% | +0.0032% | 1h | $8.0M | $21.5M | 30x | as long as short |
| RISEx QQQ/USDC | −0.036% | 0.0000% | 1h | $5.4M | $9.1M | 25x | as long as short |
| Aster QQQUSDT | −0.031% | +0.0028% | 8h | $843K | $571K | 20x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | −0.027% | +0.0100% | 8h | $7K | $15K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | −0.022% | 0.0000% | 8h | $21.2M | $25.6M | 50x | as long as short |
| Binance QQQUSDT | −0.014% | +0.0114% | 8h | $69.9M | $152.5M | 25x | as long as short |
| GMX QQQ/USD [ETH-USDC] | −0.007% | L −0.0015% / S +0.0115% | 1h | $23K | — | 53x | as long as short |
| Bybit QQQUSDTlong | 0.000% | +0.0057% | 8h | $10.7M | $5.6M | 50x | |
| Bitget QQQUSDT | 0.000% | +0.0277% | 8h | $16.8M | $7.5M | 20x | as long as short |
| Phemex QQQUSDT | +0.008% | 0.0000% | 8h | $359K | $1.3M | 10x | as long as short |
| HTX QQQ-USDT | +0.015% | 0.0000% | 8h | $256K | $33K | 30x | as long as short |
| Lighter RH QQQ | +0.026% | +0.0032% | 1h | $39.7M | $83.5M | 50x | as long as short |
| SunX QQQ-USDT | +0.054% | 0.0000% | 8h | $2K | $2.5M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.065% | +0.0046% | 1h | — | $619K | 50x | as long as short |