Spread before costs (cost unknown: a leg has no order-book sample)+0.010%
7d average−0.021%if it closes, per $10,000$1funding while held, a day+$0.75
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QQQUSDT | 740.35 | 0.0089 | pay 0.0089% / 8h | 5h 48m | $10.8M | $5.2M | 50x |
| Short | Variational Omni QQQ | 740.42 | 0.0114 | get 0.0114% / 8h | 5h 48m | $17.8M | $9.9M | — |
Bybit QQQUSDT
Variational Omni QQQPrice 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
- $0.99
- Funding while held
- $0.75
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$9.26
- Spread needed to break even
- 0.110%
Slippage unknown: Bybit: live order book, 1 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0025%
- Per $10,000 a day
- +$0.75
- 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, 1 min ago | 0.14 bp | 7.4 bp −$7 | 11.5 bp −$115 | 76.2 bp −$7,618 | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 1.90 bp | doesn't fit | 2.1 bp −$21 | doesn't fit | doesn't fit |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps738.64cheapestArcus739.58+0.127%Aevo739.72+0.146%Gate739.72+0.146%HTX739.79+0.156%Coinbase International739.84+0.162%Nado739.85+0.164%KuCoin739.92+0.173%BloFin739.93+0.175%RISEx739.95+0.178%Phoenix739.96+0.179%ApeX Omni740.03+0.188%Lighter740.13+0.202%OKX740.14+0.203%Aster740.22+0.214%Orderly740.22+0.214%Deribit740.22+0.214%GMX740.26+0.220%Binance740.27+0.220%
Ondo Perps
Arcus
Aevo
Gate
HTX
Coinbase International
Nado
KuCoin
BloFin
RISEx
Phoenix
ApeX Omni
Lighter
OKX
Aster
Orderly
Deribit
GMX
BinanceBybit740.35+0.232%
Bitget740.35+0.232%edgeX740.39+0.237%
BitgetVariational Omni740.42+0.241%
Phemex740.51+0.253%Lighter RH740.54+0.257%SunX740.71+0.280%Vest740.93+0.310%
Phemex
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 | −0.231% | −0.0298% | 1h | $4.2M | $2.1M | 20x | as long as short |
| Arcus QQQ-USD | −0.104% | −0.0043% | 1h | $756K | $1.5M | 25x | as long as short |
| Aevo QQQ-PERP | −0.086% | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| Gate QQQ_USDT | −0.085% | 0.0000% | 8h | $2.9M | $33.5M | 50x | as long as short |
| HTX QQQ-USDT | −0.076% | 0.0000% | 8h | $255K | $32K | 30x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.069% | +0.0064% | 1h | $1.2M | $839K | 20x | as long as short |
| Nado QQQ-PERP | −0.067% | +0.0096% | 1h | $1.5M | $1.4M | 20x | as long as short |
| KuCoin QQQUSDTM | −0.058% | +0.0100% | 8h | $3.4M | $433K | 20x | as long as short |
| BloFin QQQ-USDT | −0.057% | +0.0120% | 8h | $1.0M | $472K | 20x | as long as short |
| RISEx QQQ/USDC | −0.054% | 0.0000% | 1h | $5.4M | $9.0M | 25x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix QQQ | −0.053% | +0.0054% | 1h | $38K | $73K | 20x | as long as short |
| ApeX Omni QQQUSDT | −0.043% | +0.0100% | 1h | $22K | $2.1M | 50x | as long as short |
| Lighter QQQ | −0.030% | +0.0032% | 1h | $7.9M | $21.1M | 30x | as long as short |
| OKX QQQ-USDT-SWAP | −0.028% | 0.0000% | 8h | $20.9M | $24.1M | 50x | as long as short |
| Aster QQQUSDT | −0.018% | +0.0049% | 8h | $836K | $541K | 20x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | −0.018% | +0.0100% | 8h | $7K | $15K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | −0.018% | +0.0088% | 1h | $423K | $302K | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | −0.011% | L −0.0011% / S +0.0112% | 1h | $23K | — | 53x | as long as short |
| Binance QQQUSDT | −0.011% | +0.0128% | 8h | $69.8M | $149.4M | 25x | as long as short |
| Bybit QQQUSDTlong | 0.000% | +0.0089% | 8h | $10.8M | $5.2M | 50x | |
| Bitget QQQUSDT | 0.000% | +0.0284% | 8h | $16.6M | $7.2M | 20x | as long as short |
| edgeX QQQUSDC | +0.005% | +0.0782% | 4h | $757K | $335K | 20x | as long as short |
| Variational Omni QQQshort | +0.010% | +0.0114% | 8h | $17.8M | $9.9M | — | |
| Phemex QQQUSDT | +0.022% | 0.0000% | 8h | $359K | $1.3M | 10x | as long as short |
| Lighter RH QQQ | +0.026% | +0.0032% | 1h | $39.7M | $80.9M | 50x | as long as short |
| SunX QQQ-USDT | +0.049% | 0.0000% | 8h | $2K | $2.5M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.078% | +0.0046% | 1h | — | $619K | 50x | as long as short |