Spread before costs (cost unknown: a leg has no order-book sample)−0.006%
7d average—if it closes, per $10,000$1funding while held, a day+$0.26
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX QQQ/USD [ETH-USDC] | 736.27 | L +0.0026% / S +0.0036% | pay 0.0003% / 1h | 23m 00s | $13K | — | 26x |
| Short | Binance QQQUSDT | 736.23 | 0.0034 | get 0.0034% / 8h | 1h 23m | $61.9M | $110.4M | 25x |
GMX QQQ/USD [ETH-USDC]
Binance 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
- −$0.61
- Funding while held
- $0.26
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.35
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; Binance: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0009%
- Per $10,000 a day
- +$0.26
- 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 Binance live order book, 6 min ago | 0.07 bp | 5.1 bp −$5 | 5.2 bp −$52 | 8.8 bp −$881 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps734.49cheapestPhoenix735.03+0.074%Arcus735.04+0.075%Coinbase International735.24+0.102%ApeX Omni735.29+0.109%Aevo735.35+0.117%BloFin735.41+0.125%Nado735.50+0.137%Gate735.67+0.161%edgeX735.69+0.164%Variational Omni735.71+0.167%Aster735.81+0.179%KuCoin735.83+0.182%OKX735.91+0.193%Deribit735.91+0.193%Orderly735.92+0.195%RISEx735.96+0.200%HTX736.04+0.211%Phemex736.13+0.223%
Ondo Perps
Phoenix
Arcus
Coinbase International
ApeX Omni
Aevo
BloFin
Nado
Gate
Variational Omni
Aster
KuCoin
OKX
Deribit
Orderly
RISEx
HTX
PhemexBinance736.23+0.237%
Bitget736.25+0.240%
BitgetGMX736.27+0.243%
Lighter736.34+0.252%Bybit736.38+0.257%Lighter RH736.49+0.272%Vest736.62+0.290%SunX736.77+0.310%
Lighter
Bybit
Lighter RH
Vest
SunXQQQ 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 | −0.242% | −0.0142% | 1h | $4.3M | $1.8M | 20x | as long as short |
| Phoenix QQQ | −0.169% | −0.0197% | 1h | $50K | $24K | 20x | as long as short |
| Arcus QQQ-USD | −0.168% | −0.0073% | 1h | $782K | $1.4M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.141% | −0.0056% | 1h | $1.2M | $785K | 20x | as long as short |
| ApeX Omni QQQUSDT | −0.134% | +0.0100% | 1h | $16K | $2.1M | 50x | as long as short |
| Aevo QQQ-PERP | −0.125% | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| BloFin QQQ-USDT | −0.117% | +0.0120% | 8h | $988K | $455K | 20x | as long as short |
| Nado QQQ-PERP | −0.105% | +0.0061% | 1h | $1.5M | $1.3M | 20x | as long as short |
| Gate QQQ_USDT | −0.082% | 0.0000% | 8h | $2.7M | $31.4M | 50x | as long as short |
| edgeX QQQUSDC | −0.079% | −0.0363% | 4h | $752K | $332K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni QQQ | −0.076% | +0.0010% | 8h | $17.6M | $8.8M | — | as long as short |
| Aster QQQUSDT | −0.063% | 0.0000% | 8h | $548K | $200K | 20x | as long as short |
| KuCoin QQQUSDTM | −0.060% | +0.0100% | 8h | $3.3M | $390K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | −0.050% | 0.0000% | 8h | $20.1M | $17.6M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | −0.050% | 0.0000% | 1h | $420K | $291K | 20x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | −0.048% | +0.0100% | 8h | $7K | — | 20x | as long as short |
| RISEx QQQ/USDC | −0.043% | 0.0000% | 1h | $5.3M | $8.3M | 25x | as long as short |
| HTX QQQ-USDT | −0.032% | 0.0000% | 8h | $257K | $26K | 30x | as long as short |
| Phemex QQQUSDT | −0.020% | 0.0000% | 8h | $359K | $1.3M | 10x | as long as short |
| Binance QQQUSDTshort | −0.006% | +0.0034% | 8h | $61.9M | $110.4M | 25x | |
| Bitget QQQUSDT | −0.003% | +0.0206% | 8h | $16.7M | $6.2M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC]long | 0.000% | L +0.0026% / S +0.0036% | 1h | $13K | — | 26x | |
| Lighter QQQ | +0.009% | +0.0168% | 1h | $7.4M | $15.8M | 30x | as long as short |
| Bybit QQQUSDT | +0.014% | 0.0000% | 8h | $10.8M | $4.7M | 50x | as long as short |
| Lighter RH QQQ | +0.029% | +0.0064% | 1h | $40.6M | $70.5M | 50x | as long as short |
| Vest QQQ-USD-PERP | +0.047% | +0.0046% | 1h | — | $400K | 50x | as long as short |
| SunX QQQ-USDT | +0.067% | 0.0000% | 8h | $2K | $2.1M | 10x | as long as short |