After costs, if the gap returns to its 7d average, $10k−$36
spread now−0.007%7d average+0.039%fees + slippage, in and out−$31spread needed0.313%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX QQQUSDC | 740.39 | 0.0782 | pay 0.0391% / 4h | 1h 50m | $757K | $335K | 20x |
| Short | Bybit QQQUSDT | 740.34 | 0.0090 | get 0.0090% / 8h | 5h 50m | $10.8M | $5.2M | 50x |
Bybit QQQUSDTPrice 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
- −$0.68
- Funding while held
- −$20.76
- Slippage, 4 orders
- −$11.28
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$52.73
- Spread needed to break even
- 0.313%
Slippage from edgeX: live order book, 50 min ago; Bybit: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0692%
- Per $10,000 a day
- −$20.76
- 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 edgeX live order book, 50 min ago | 4.12 bp | 8.7 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.07 bp | 6.3 bp −$6 | 8.1 bp −$81 | 41.7 bp −$4,169 | doesn't fit |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps738.96cheapestArcus739.65+0.093%Gate739.73+0.104%ApeX Omni739.79+0.112%HTX739.79+0.112%Aevo739.81+0.114%Coinbase International739.84+0.119%BloFin739.93+0.131%KuCoin739.94+0.133%Phoenix739.96+0.135%Nado739.96+0.136%RISEx740.08+0.151%Lighter740.11+0.156%OKX740.14+0.160%Deribit740.18+0.165%Orderly740.22+0.171%Aster740.27+0.177%GMX740.28+0.179%Binance740.29+0.180%
Ondo Perps
Arcus
Gate
ApeX Omni
HTX
Aevo
Coinbase International
BloFin
KuCoin
Phoenix
Nado
RISEx
Lighter
OKX
Deribit
Orderly
Aster
GMX
BinanceBybit740.34+0.187%
Bitget740.34+0.187%Variational Omni740.42+0.198%Lighter RH740.53+0.212%Phemex740.77+0.245%SunX740.83+0.253%Vest740.93+0.267%
Bitget
Variational Omni
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 | −0.193% | −0.0284% | 1h | $4.2M | $2.1M | 20x | as long as short |
| Arcus QQQ-USD | −0.100% | −0.0043% | 1h | $756K | $1.5M | 25x | as long as short |
| Gate QQQ_USDT | −0.089% | 0.0000% | 8h | $2.9M | $33.5M | 50x | as long as short |
| ApeX Omni QQQUSDT | −0.081% | +0.0100% | 1h | $22K | $2.1M | 50x | as long as short |
| HTX QQQ-USDT | −0.081% | 0.0000% | 8h | $255K | $32K | 30x | as long as short |
| Aevo QQQ-PERP | −0.079% | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.074% | +0.0064% | 1h | $1.2M | $839K | 20x | as long as short |
| BloFin QQQ-USDT | −0.062% | +0.0120% | 8h | $1.0M | $472K | 20x | as long as short |
| KuCoin QQQUSDTM | −0.061% | +0.0100% | 8h | $3.4M | $433K | 20x | as long as short |
| Phoenix QQQ | −0.058% | +0.0054% | 1h | $38K | $73K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado QQQ-PERP | −0.058% | +0.0089% | 1h | $1.5M | $1.4M | 20x | as long as short |
| RISEx QQQ/USDC | −0.042% | 0.0000% | 1h | $5.4M | $9.0M | 25x | as long as short |
| Lighter QQQ | −0.038% | +0.0032% | 1h | $7.9M | $21.1M | 30x | as long as short |
| OKX QQQ-USDT-SWAP | −0.034% | 0.0000% | 8h | $20.9M | $24.1M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | −0.028% | +0.0142% | 1h | $423K | $310K | 20x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | −0.023% | +0.0100% | 8h | $7K | $15K | 20x | as long as short |
| Aster QQQUSDT | −0.016% | +0.0050% | 8h | $831K | $541K | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | −0.014% | L −0.0011% / S +0.0112% | 1h | $23K | — | 53x | as long as short |
| Binance QQQUSDT | −0.014% | +0.0129% | 8h | $69.8M | $149.5M | 25x | as long as short |
| Bybit QQQUSDTshort | −0.007% | +0.0090% | 8h | $10.8M | $5.2M | 50x | |
| Bitget QQQUSDT | −0.007% | +0.0284% | 8h | $16.6M | $7.2M | 20x | as long as short |
| edgeX QQQUSDClong | 0.000% | +0.0782% | 4h | $757K | $335K | 20x | |
| Variational Omni QQQ | +0.004% | +0.0114% | 8h | $17.8M | $9.9M | — | as long as short |
| Lighter RH QQQ | +0.019% | +0.0032% | 1h | $39.7M | $80.9M | 50x | as long as short |
| Phemex QQQUSDT | +0.051% | 0.0000% | 8h | $358K | $1.3M | 10x | as long as short |
| SunX QQQ-USDT | +0.059% | 0.0000% | 8h | $2K | $2.5M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.073% | +0.0046% | 1h | — | $619K | 50x | as long as short |