Spread before costs (cost unknown: a leg has no order-book sample)+0.045%
7d average+0.043%if it closes, per $10,000$5funding while held, a day−$2.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit QQQ_USDC-PERPETUAL | 738.57 | 0.0156 | pay 0.0020% / 1h | 38m 12s | $422K | $305K | 20x |
| Short | Variational Omni QQQ | 738.90 | 0.0086 | get 0.0086% / 8h | 7h 38m | $17.8M | $9.1M | — |
Deribit QQQ_USDC-PERPETUAL
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
- $4.52
- Funding while held
- −$2.1
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$4.58
- Spread needed to break even
- 0.070%
Slippage unknown: Deribit: live order book, 7 min ago; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0070%
- Per $10,000 a day
- −$2.10
- 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, 7 min ago | 0.07 bp | 6.4 bp −$6 | 6.7 bp −$67 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 1.90 bp | doesn't fit | 2.2 bp −$22 | doesn't fit | doesn't fit |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps737.24cheapestArcus738.17+0.126%Phoenix738.27+0.140%Aevo738.30+0.143%Orderly738.35+0.151%Nado738.35+0.151%ApeX Omni738.38+0.155%BloFin738.41+0.159%KuCoin738.50+0.171%Gate738.52+0.174%
Ondo Perps
Arcus
Phoenix
Aevo
Orderly
Nado
ApeX Omni
BloFin
KuCoin
GateDeribit738.57+0.180%
Coinbase International738.59+0.183%OKX738.67+0.194%Aster738.84+0.217%Lighter738.87+0.221%Lighter RH738.87+0.221%
Coinbase International
OKX
Aster
Lighter
Lighter RHVariational Omni738.90+0.226%
GMX738.91+0.227%Binance738.92+0.228%edgeX738.93+0.229%Bybit738.94+0.231%RISEx738.94+0.231%Bitget738.96+0.233%HTX739.17+0.262%SunX739.36+0.288%Phemex739.40+0.293%Vest739.43+0.297%
GMX
Binance
Bybit
RISEx
Bitget
HTX
SunX
Phemex
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 | −0.180% | −0.0199% | 1h | $4.3M | $1.9M | 20x | as long as short |
| Arcus QQQ-USD | −0.054% | +0.0040% | 1h | $802K | $1.4M | 25x | as long as short |
| Phoenix QQQ | −0.041% | +0.0119% | 1h | $38K | $74K | 20x | as long as short |
| Aevo QQQ-PERP | −0.037% | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | −0.030% | +0.0100% | 8h | $14K | $7K | 20x | as long as short |
| Nado QQQ-PERP | −0.029% | +0.0221% | 1h | $1.5M | $1.4M | 20x | as long as short |
| ApeX Omni QQQUSDT | −0.026% | +0.0100% | 1h | $16K | $2.1M | 50x | as long as short |
| BloFin QQQ-USDT | −0.022% | +0.0120% | 8h | $1.0M | $478K | 20x | as long as short |
| KuCoin QQQUSDTM | −0.009% | +0.0100% | 8h | $3.4M | $426K | 20x | as long as short |
| Gate QQQ_USDT | −0.007% | 0.0000% | 8h | $2.7M | $32.8M | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUALlong | 0.000% | +0.0156% | 1h | $422K | $305K | 20x | |
| Coinbase International QQQ-PERP-INTX | +0.003% | +0.0008% | 1h | $1.2M | $821K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | +0.014% | 0.0000% | 8h | $20.4M | $22.1M | 50x | as long as short |
| Aster QQQUSDT | +0.037% | +0.0048% | 8h | $798K | $480K | 20x | as long as short |
| Lighter QQQ | +0.041% | +0.0208% | 1h | $8.2M | $18.1M | 30x | as long as short |
| Lighter RH QQQ | +0.041% | +0.0032% | 1h | $39.9M | $76.3M | 50x | as long as short |
| Variational Omni QQQshort | +0.045% | +0.0086% | 8h | $17.8M | $9.1M | — | |
| GMX QQQ/USD [ETH-USDC] | +0.047% | L +0.0012% / S +0.0092% | 1h | $23K | — | 53x | as long as short |
| Binance QQQUSDT | +0.047% | +0.0112% | 8h | $71.1M | $136.1M | 25x | as long as short |
| edgeX QQQUSDC | +0.049% | +0.0042% | 4h | $756K | $334K | 20x | as long as short |
| Bybit QQQUSDT | +0.050% | +0.0257% | 8h | $10.7M | $4.9M | 50x | as long as short |
| RISEx QQQ/USDC | +0.051% | +0.0221% | 1h | $5.5M | $9.0M | 25x | as long as short |
| Bitget QQQUSDT | +0.053% | +0.0258% | 8h | $16.5M | $7.2M | 20x | as long as short |
| HTX QQQ-USDT | +0.081% | 0.0000% | 8h | $258K | $26K | 30x | as long as short |
| SunX QQQ-USDT | +0.107% | 0.0000% | 8h | $2K | $2.4M | 10x | as long as short |
| Phemex QQQUSDT | +0.112% | 0.0000% | 8h | $358K | $1.3M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.116% | +0.0046% | 1h | — | $490K | 50x | as long as short |