Funding you earn now, next payment 00:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: Aevo against Lighter RH−0.111%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.055%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. Aevo is 0.111% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.111% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 5.1 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.055% in total) that is about 14 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH QQQ | 743.65 | 0.0032 | pay 0.0004% / 1h | 13m 19s | $37.4M | $80.8M | 50x |
| Short | Aevo QQQ-PERP | 742.83 | 0.0104 | get 0.0013% / 1h | 13m 19s | $92K | $1K | 10x |
Lighter RH QQQ
Aevo QQQ-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter RH. 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
- $15.12
- Price spread: −0.111% → 0.000%
- −$11.08
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$11.96
- Costs to cover
- 0.160%
- Break-even
- 12.5 days
Slippage unknown: Lighter RH: live order book, 6 min ago; Aevo: 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 RH live order book, 6 min ago | 0.34 bp | 0.3 bp $0 | 1.0 bp −$10 | 6.5 bp −$652 | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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 −0.0077% / S +0.0187% | 1h | 743.50 | −0.019% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0046% | 1h | 742.08 | −0.211% | $4.2M | $2.1M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0002% | 8h | 743.09 | −0.075% | $1.1M | $320K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.51 | −0.019% | $845K | $784K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.31 | −0.046% | $21.5M | $27.6M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.14 | −0.069% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.02 | +0.050% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.13 | −0.070% | $257K | $25K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.97 | +0.043% | $363K | $1.4M | 10x | as long as short |
| Lighter RH QQQlong | +0.0032% | 1h | 743.65 | long leg | $37.4M | $80.8M | 50x |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0040% | 1h | 742.82 | −0.112% | $747K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.96 | +0.042% | — | $621K | 50x | as long as short |
| Variational Omni QQQ | +0.0046% | 8h | 743.47 | −0.025% | $17.6M | $10.3M | — | as long as short |
| Lighter QQQ | +0.0064% | 1h | 743.35 | −0.040% | $7.6M | $20.9M | 30x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 743.11 | −0.073% | $1.2M | $866K | 20x | as long as short |
| Binance QQQUSDT | +0.0076% | 8h | 743.50 | −0.020% | $71.1M | $160.7M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.03 | −0.083% | $3.4M | $415K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.07 | −0.078% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.24 | −0.055% | $12K | $21K | 20x | as long as short |
| Bybit QQQUSDT | +0.0101% | 8h | 743.60 | −0.007% | $10.7M | $5.2M | 50x | as long as short |
| Aevo QQQ-PERPshort | +0.0104% | 1h | 742.83 | −0.111% | $92K | $1K | 10x | |
| Nado QQQ-PERP | +0.0173% | 1h | 743.03 | −0.083% | $1.5M | $1.3M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0181% | 1h | 743.26 | −0.052% | $425K | $157K | 20x | as long as short |
| Bitget QQQUSDT | +0.0181% | 8h | 743.52 | −0.017% | $16.9M | $7.0M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0191% | 8h | 743.70 | +0.007% | $323K | $1.8M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.58 | −0.009% | $5.6M | $9.0M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 743.06 | −0.079% | $38K | $73K | 20x | as long as short |
| edgeX QQQUSDC | +0.0546% | 4h | 743.47 | −0.024% | $760K | $337K | 20x | as long as short |
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Lighter QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Bybit QQQUSDT
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Bitget QQQUSDT
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Phoenix QQQ
edgeX QQQUSDC