Funding you earn now, next payment 03:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.008%
Price spread now: Orderly against Lighter−0.013%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter QQQ | 743.92 | 0.0032 | pay 0.0004% / 1h | 46m 43s | $7.7M | $17.1M | 30x |
| Short | Orderly PERP_QQQ_USDC_mythos | 743.82 | 0.0100 | get 0.0100% / 8h | 5h 46m | $12K | $21K | 20x |
Lighter QQQ
Orderly PERP_QQQ_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14.28
- Price spread: −0.013% → 0.000%
- −$1.34
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $6.94
- Costs to cover
- 0.060%
- Break-even
- 3.6 days
Slippage unknown: Lighter: live order book, 12 min ago; Orderly: no order-book sample. Net counts fees only.
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, 12 min ago | 0.47 bp | 0.5 bp $0 | 1.4 bp −$14 | 11.4 bp −$1,140 | 46.3 bp −$23.2K |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0107% / S +0.0210% | 1h | 744.09 | +0.022% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0004% | 8h | 744.03 | +0.015% | — | $304K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.12 | +0.027% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.11 | +0.026% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.09 | +0.023% | $21.7M | $26.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.15 | +0.031% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.70 | −0.030% | $3.3M | $20.7M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.44 | +0.070% | $16.9M | $5.8M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.53 | +0.082% | $2K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.77 | −0.020% | $425K | $149K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUALShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 744.24 | +0.043% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.37 | +0.060% | $360K | $1.4M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0010% | 1h | 743.28 | −0.086% | $4.2M | $1.9M | 20x | as long as short |
| Lighter QQQlong | +0.0032% | 1h | 743.92 | long leg | $7.7M | $17.1M | 30x | |
| Lighter RH QQQ | +0.0032% | 1h | 744.34 | +0.056% | $37.3M | $78.6M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.74 | −0.024% | $1.2M | $534K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.31 | −0.082% | $705K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.06 | +0.153% | — | $337K | 50x | as long as short |
| Variational Omni QQQ | +0.0049% | 8h | 744.19 | +0.036% | $17.1M | $7.5M | — | as long as short |
| Binance QQQUSDT | +0.0073% | 8h | 744.10 | +0.024% | $71.1M | $144.4M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.88 | −0.005% | $3.4M | $413K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.67 | −0.034% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythosshort | +0.0100% | 8h | 743.82 | −0.013% | $12K | $21K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.33 | −0.080% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0117% | 1h | 743.74 | −0.024% | $1.5M | $923K | 20x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 743.80 | −0.016% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0165% | 8h | 744.45 | +0.071% | $322K | $1.9M | 10x | as long as short |
| edgeX QQQUSDC | +0.0877% | 4h | 744.12 | +0.027% | $761K | $335K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Ondo Perps QQQ-USD.P
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC