After costs, if the gap returns to its 7d average, $10k−$13
spread now−0.008%7d average+0.007%fees + slippage, in and out−$12spread needed0.116%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter QQQ | 735.84 | 0.0168 | pay 0.0021% / 1h | 24m 41s | $7.4M | $15.8M | 30x |
| Short | Binance QQQUSDT | 735.78 | 0.0034 | get 0.0034% / 8h | 1h 24m | $61.8M | $110.0M | 25x |
Lighter QQQ
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
- −$0.79
- Funding while held
- −$4.02
- Slippage, 4 orders
- −$1.58
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$16.39
- Spread needed to break even
- 0.116%
Slippage from Lighter: live order book, 5 min ago; Binance: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0134%
- Per $10,000 a day
- −$4.02
- 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 Lighter live order book, 5 min ago | 0.34 bp | 1.0 bp −$1 | 2.8 bp −$28 | 17.9 bp −$1,793 | 56.6 bp −$28.3K |
| Sell Binance live order book, 5 min ago | 0.07 bp | 5.1 bp −$5 | 5.2 bp −$52 | 8.8 bp −$881 | doesn't fit |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps734.49cheapestPhoenix734.86+0.050%BloFin734.99+0.068%Coinbase International735.00+0.069%Aevo735.03+0.074%Arcus735.04+0.075%ApeX Omni735.26+0.105%Gate735.27+0.106%KuCoin735.32+0.113%Deribit735.35+0.117%edgeX735.35+0.118%OKX735.44+0.129%Nado735.46+0.132%Orderly735.52+0.140%Aster735.64+0.157%Variational Omni735.71+0.167%
Ondo Perps
Phoenix
BloFin
Coinbase International
Aevo
Arcus
ApeX Omni
Gate
KuCoin
Deribit
OKX
Nado
Orderly
Aster
Variational OmniBinance735.78+0.176%
Bitget735.81+0.180%RISEx735.83+0.182%
Bitget
RISExLighter735.84+0.184%
GMX735.85+0.184%Bybit735.87+0.188%Phemex735.88+0.189%Lighter RH735.99+0.204%HTX736.04+0.211%SunX736.34+0.252%Vest736.52+0.276%
GMX
Bybit
Phemex
Lighter RH
HTX
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 | −0.183% | −0.0143% | 1h | $4.3M | $1.8M | 20x | as long as short |
| Phoenix QQQ | −0.133% | −0.0197% | 1h | $50K | $24K | 20x | as long as short |
| BloFin QQQ-USDT | −0.116% | +0.0120% | 8h | $990K | $454K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.114% | −0.0056% | 1h | $1.2M | $783K | 20x | as long as short |
| Aevo QQQ-PERP | −0.110% | +0.0104% | 1h | $91K | $1K | 10x | as long as short |
| Arcus QQQ-USD | −0.109% | −0.0073% | 1h | $782K | $1.4M | 25x | as long as short |
| ApeX Omni QQQUSDT | −0.079% | +0.0100% | 1h | $16K | $2.1M | 50x | as long as short |
| Gate QQQ_USDT | −0.077% | 0.0000% | 8h | $2.7M | $31.3M | 50x | as long as short |
| KuCoin QQQUSDTM | −0.071% | +0.0100% | 8h | $3.3M | $388K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | −0.067% | 0.0000% | 1h | $420K | $291K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX QQQUSDC | −0.066% | −0.0900% | 4h | $751K | $331K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | −0.054% | 0.0000% | 8h | $20.0M | $17.4M | 50x | as long as short |
| Nado QQQ-PERP | −0.052% | +0.0055% | 1h | $1.5M | $1.3M | 20x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | −0.043% | +0.0100% | 8h | $6K | — | 20x | as long as short |
| Aster QQQUSDT | −0.027% | 0.0000% | 8h | $548K | $200K | 20x | as long as short |
| Variational Omni QQQ | −0.017% | +0.0010% | 8h | $17.6M | $8.8M | — | as long as short |
| Binance QQQUSDTshort | −0.008% | +0.0034% | 8h | $61.8M | $110.0M | 25x | |
| Bitget QQQUSDT | −0.004% | +0.0206% | 8h | $16.7M | $6.2M | 20x | as long as short |
| RISEx QQQ/USDC | −0.001% | 0.0000% | 1h | $5.3M | $8.3M | 25x | as long as short |
| Lighter QQQlong | 0.000% | +0.0168% | 1h | $7.4M | $15.8M | 30x | |
| GMX QQQ/USD [ETH-USDC] | +0.001% | L +0.0026% / S +0.0036% | 1h | $13K | — | 26x | as long as short |
| Bybit QQQUSDT | +0.004% | 0.0000% | 8h | $10.8M | $4.7M | 50x | as long as short |
| Phemex QQQUSDT | +0.005% | 0.0000% | 8h | $359K | $1.3M | 10x | as long as short |
| Lighter RH QQQ | +0.020% | +0.0064% | 1h | $40.6M | $70.3M | 50x | as long as short |
| HTX QQQ-USDT | +0.027% | 0.0000% | 8h | $257K | $26K | 30x | as long as short |
| SunX QQQ-USDT | +0.068% | 0.0000% | 8h | $2K | $2.1M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.092% | +0.0046% | 1h | — | $382K | 50x | as long as short |