After costs, if the gap returns to its 7d average, $10k−$36
spread now+0.059%7d average+0.068%fees + slippage, in and out−$35spread needed0.354%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QQQUSDTM | 741.51 | 0.0100 | pay 0.0100% / 8h | 5h 05m | $3.4M | $436K | 20x |
| Short | Bybit QQQUSDT | 741.95 | 0.0059 | get 0.0059% / 8h | 5h 05m | $10.7M | $5.6M | 50x |
KuCoin QQQUSDTM
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
- $5.93
- Funding while held
- −$1.23
- Slippage, 4 orders
- −$12.36
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$30.66
- Spread needed to break even
- 0.354%
Slippage from KuCoin: live order book, 8 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0041%
- Per $10,000 a day
- −$1.23
- 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 KuCoin live order book, 8 min ago | 0.88 bp | 8.8 bp −$9 | 84.3 bp −$843 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.07 bp | 6.1 bp −$6 | 7.5 bp −$75 | 56.2 bp −$5,615 | doesn't fit |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.Arcus740.82cheapestOndo Perps740.84+0.003%Phoenix740.93+0.015%Aevo741.15+0.045%BloFin741.18+0.049%Gate741.20+0.051%Nado741.22+0.054%Coinbase International741.24+0.057%ApeX Omni741.27+0.061%edgeX741.44+0.084%Variational Omni741.47+0.088%
Arcus
Ondo Perps
Phoenix
Aevo
BloFin
Gate
Nado
Coinbase International
ApeX Omni
Variational OmniKuCoin741.51+0.093%
RISEx741.56+0.100%Deribit741.65+0.112%Lighter741.70+0.119%Orderly741.71+0.120%Aster741.74+0.124%OKX741.78+0.130%GMX741.79+0.132%
RISEx
Deribit
Lighter
Orderly
Aster
OKX
GMXBybit741.95+0.153%
HTX741.95+0.153%Binance741.96+0.154%Bitget742.06+0.167%Phemex742.07+0.169%Lighter RH742.12+0.175%SunX742.22+0.189%Vest742.33+0.204%
HTX
Binance
Bitget
Phemex
Lighter RH
SunX
VestQQQ on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | −0.093% | −0.0043% | 1h | $758K | $1.5M | 25x | as long as short |
| Ondo Perps QQQ-USD.P | −0.090% | −0.0186% | 1h | $4.2M | $2.3M | 20x | as long as short |
| Phoenix QQQ | −0.078% | +0.0054% | 1h | $38K | $73K | 20x | as long as short |
| Aevo QQQ-PERP | −0.048% | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| BloFin QQQ-USDT | −0.045% | +0.0120% | 8h | $1.0M | $493K | 20x | as long as short |
| Gate QQQ_USDT | −0.042% | 0.0000% | 8h | $3.0M | $33.6M | 50x | as long as short |
| Nado QQQ-PERP | −0.039% | +0.0124% | 1h | $1.5M | $1.4M | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.036% | +0.0064% | 1h | $1.2M | $846K | 20x | as long as short |
| ApeX Omni QQQUSDT | −0.032% | +0.0100% | 1h | $20K | $2.1M | 50x | as long as short |
| edgeX QQQUSDC | −0.009% | +0.0201% | 4h | $758K | $335K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni QQQ | −0.006% | +0.0090% | 8h | $17.6M | $10.1M | — | as long as short |
| KuCoin QQQUSDTMlong | 0.000% | +0.0100% | 8h | $3.4M | $436K | 20x | |
| RISEx QQQ/USDC | +0.006% | 0.0000% | 1h | $5.4M | $9.1M | 25x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.019% | +0.0101% | 1h | $424K | $302K | 20x | as long as short |
| Lighter QQQ | +0.026% | +0.0032% | 1h | $8.0M | $21.5M | 30x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.027% | +0.0100% | 8h | $7K | $15K | 20x | as long as short |
| Aster QQQUSDT | +0.031% | +0.0029% | 8h | $843K | $573K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | +0.036% | 0.0000% | 8h | $21.2M | $25.7M | 50x | as long as short |
| GMX QQQ/USD [ETH-USDC] | +0.038% | L −0.0015% / S +0.0116% | 1h | $23K | — | 53x | as long as short |
| Bybit QQQUSDTshort | +0.059% | +0.0059% | 8h | $10.7M | $5.6M | 50x | |
| HTX QQQ-USDT | +0.059% | 0.0000% | 8h | $256K | $33K | 30x | as long as short |
| Binance QQQUSDT | +0.061% | +0.0114% | 8h | $69.9M | $152.6M | 25x | as long as short |
| Bitget QQQUSDT | +0.074% | +0.0278% | 8h | $16.8M | $7.5M | 20x | as long as short |
| Phemex QQQUSDT | +0.076% | 0.0000% | 8h | $359K | $1.3M | 10x | as long as short |
| Lighter RH QQQ | +0.082% | +0.0032% | 1h | $39.7M | $83.5M | 50x | as long as short |
| SunX QQQ-USDT | +0.096% | 0.0000% | 8h | $2K | $2.5M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.111% | +0.0046% | 1h | — | $621K | 50x | as long as short |