After costs, if the gap returns to its 7d average, $10k−$23
spread now+0.042%7d average+0.095%fees + slippage, in and out−$18spread needed0.178%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit QQQ_USDC-PERPETUAL | 737.08 | 0.0008 | pay 0.0001% / 1h | 21m 49s | $421K | $299K | 20x |
| Short | RISEx QQQ/USDC | 737.39 | 0.0065 | get 0.0008% / 1h | 21m 49s | $5.5M | $8.9M | 25x |
Deribit QQQ_USDC-PERPETUAL
RISEx QQQ/USDCPrice 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
- $4.22
- Funding while held
- $1.71
- Slippage, 4 orders
- −$4.85
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$11.92
- Spread needed to break even
- 0.178%
Slippage from Deribit: live order book, 28 min ago; RISEx: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0057%
- Per $10,000 a day
- +$1.71
- 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 Deribit live order book, 28 min ago | 0.07 bp | 6.5 bp −$7 | 6.9 bp −$69 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 4 min ago | 0.07 bp | 4.1 bp −$4 | 4.2 bp −$42 | doesn't fit | doesn't fit |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.Phemex735.55cheapestOndo Perps735.56+0.001%ApeX Omni736.62+0.145%Coinbase International736.68+0.154%Aevo736.70+0.157%Arcus736.73+0.160%Phoenix736.75+0.163%Gate736.78+0.167%BloFin736.82+0.173%Nado736.82+0.173%KuCoin736.92+0.186%Aster736.97+0.193%OKX737.04+0.203%
Phemex
Ondo Perps
ApeX Omni
Coinbase International
Aevo
Arcus
Phoenix
Gate
BloFin
Nado
KuCoin
Aster
OKXDeribit737.08+0.208%
Orderly737.22+0.227%edgeX737.24+0.229%Variational Omni737.27+0.234%GMX737.36+0.245%Binance737.36+0.246%Bitget737.37+0.247%
Orderly
Variational Omni
GMX
Binance
BitgetRISEx737.39+0.250%
Bybit737.40+0.252%Lighter RH737.48+0.262%HTX737.49+0.264%Lighter737.53+0.269%SunX737.80+0.306%Vest737.92+0.322%
Bybit
Lighter RH
HTX
Lighter
SunX
VestQQQ on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | −0.208% | 0.0000% | 8h | $360K | $1.3M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | −0.206% | −0.0232% | 1h | $4.3M | $1.9M | 20x | as long as short |
| ApeX Omni QQQUSDT | −0.062% | +0.0100% | 1h | $16K | $2.1M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.054% | −0.0032% | 1h | $1.2M | $789K | 20x | as long as short |
| Aevo QQQ-PERP | −0.051% | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| Arcus QQQ-USD | −0.047% | +0.0040% | 1h | $797K | $1.4M | 25x | as long as short |
| Phoenix QQQ | −0.045% | −0.0087% | 1h | $38K | $74K | 20x | as long as short |
| Gate QQQ_USDT | −0.041% | 0.0000% | 8h | $2.7M | $32.4M | 50x | as long as short |
| BloFin QQQ-USDT | −0.035% | +0.0120% | 8h | $1.0M | $463K | 20x | as long as short |
| Nado QQQ-PERP | −0.035% | +0.0162% | 1h | $1.5M | $1.4M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin QQQUSDTM | −0.022% | +0.0100% | 8h | $3.4M | $413K | 20x | as long as short |
| Aster QQQUSDT | −0.015% | +0.0005% | 8h | $549K | $202K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | −0.005% | 0.0000% | 8h | $20.2M | $19.5M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUALlong | 0.000% | +0.0008% | 1h | $421K | $299K | 20x | |
| Orderly PERP_QQQ_USDC_mythos | +0.019% | +0.0100% | 8h | $7K | — | 20x | as long as short |
| edgeX QQQUSDC | +0.021% | −0.0469% | 4h | $753K | $332K | 20x | as long as short |
| Variational Omni QQQ | +0.026% | +0.0039% | 8h | $17.6M | $8.9M | — | as long as short |
| GMX QQQ/USD [ETH-USDC] | +0.037% | L +0.0020% / S +0.0041% | 1h | $13K | — | 53x | as long as short |
| Binance QQQUSDT | +0.038% | +0.0064% | 8h | $62.0M | $115.6M | 25x | as long as short |
| Bitget QQQUSDT | +0.039% | +0.0223% | 8h | $16.5M | $6.7M | 20x | as long as short |
| RISEx QQQ/USDCshort | +0.042% | +0.0065% | 1h | $5.5M | $8.9M | 25x | |
| Bybit QQQUSDT | +0.043% | +0.0028% | 8h | $10.7M | $4.7M | 50x | as long as short |
| Lighter RH QQQ | +0.054% | +0.0032% | 1h | $40.6M | $74.5M | 50x | as long as short |
| HTX QQQ-USDT | +0.056% | 0.0000% | 8h | $258K | $26K | 30x | as long as short |
| Lighter QQQ | +0.061% | +0.0264% | 1h | $8.3M | $18.0M | 30x | as long as short |
| SunX QQQ-USDT | +0.098% | 0.0000% | 8h | $2K | $2.2M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.114% | +0.0046% | 1h | — | $490K | 50x | as long as short |