QQQ

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−0.021%

7d average—if it closes, per $10,000$2funding while held, a day+$1.42

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX QQQ/USD [ETH-USDC]	739.39	L +0.0009% / S +0.0095%	pay 0.0001% / 1h	45m 57s	$23K	—	53x
Short	Aster QQQUSDT	739.24	0.0056	get 0.0056% / 8h	6h 45m	$824K	$522K	20x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee GMXbpFee AsterbpOrdersClose when spread is

Spread captured: −$2.1
Funding while held: $1.42
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$20.68
Spread needed to break even: 0.200%

Slippage unknown: GMX: no order-book sample; Aster: live order book, 58 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0047%
Per $10,000 a day: +$1.42
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 GMX no order-book sample	—	—	—	—	—
Sell Aster live order book, 58 min ago	0.07 bp	4.1 bp −$4	5.6 bp −$56	22.1 bp −$2,213	doesn't fit

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

QQQ 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	−0.139%	−0.0215%	1h	$4.3M	$1.9M	20x	as long as short
Arcus QQQ-USD	−0.117%	+0.0040%	1h	$761K	$1.5M	25x	as long as short
Aevo QQQ-PERP	−0.084%	+0.0104%	1h	$92K	$1K	10x	as long as short
Gate QQQ_USDT	−0.080%	0.0000%	8h	$2.8M	$33.3M	50x	as long as short
Phoenix QQQ	−0.078%	+0.0227%	1h	$38K	$74K	20x	as long as short
ApeX Omni QQQUSDT	−0.070%	+0.0100%	1h	$22K	$2.1M	50x	as long as short
Coinbase International QQQ-PERP-INTX	−0.063%	+0.0048%	1h	$1.2M	$824K	20x	as long as short
Nado QQQ-PERP	−0.055%	+0.0108%	1h	$1.5M	$1.4M	20x	as long as short
BloFin QQQ-USDT	−0.051%	−0.0026%	8h	$1.0M	$471K	20x	as long as short
KuCoin QQQUSDTM	−0.049%	+0.0100%	8h	$3.4M	$430K	20x	as long as short

Show all 27 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Deribit QQQ_USDC-PERPETUAL	−0.024%	0.0000%	1h	$422K	$309K	20x	as long as short
RISEx QQQ/USDC	−0.023%	+0.0041%	1h	$5.5M	$8.9M	25x	as long as short
OKX QQQ-USDT-SWAP	−0.022%	0.0000%	8h	$21.0M	$23.4M	50x	as long as short
Aster QQQUSDTshort	−0.021%	+0.0056%	8h	$824K	$522K	20x
Orderly PERP_QQQ_USDC_mythos	−0.017%	+0.0100%	8h	$7K	$15K	20x	as long as short
edgeX QQQUSDC	−0.016%	+0.0699%	4h	$756K	$336K	20x	as long as short
Variational Omni QQQ	−0.013%	+0.0117%	8h	$17.5M	$9.4M	—	as long as short
Bybit QQQUSDT	−0.003%	+0.0117%	8h	$10.8M	$5.0M	50x	as long as short
GMX QQQ/USD [ETH-USDC]long	0.000%	L +0.0009% / S +0.0095%	1h	$23K	—	53x
Lighter QQQ	+0.001%	+0.0032%	1h	$8.2M	$20.1M	30x	as long as short
Binance QQQUSDT	+0.001%	+0.0133%	8h	$70.0M	$146.0M	25x	as long as short
Bitget QQQUSDT	+0.003%	+0.0280%	8h	$16.5M	$7.2M	20x	as long as short
HTX QQQ-USDT	+0.010%	0.0000%	8h	$258K	$27K	30x	as long as short
Phemex QQQUSDT	+0.028%	0.0000%	8h	$360K	$1.3M	10x	as long as short
Lighter RH QQQ	+0.036%	+0.0032%	1h	$40.0M	$78.6M	50x	as long as short
SunX QQQ-USDT	+0.063%	0.0000%	8h	$1K	$2.4M	10x	as long as short
Vest QQQ-USD-PERP	+0.116%	+0.0046%	1h	—	$590K	50x	as long as short

QQQ