After costs, if the gap returns to its 7d average, $10k−$16
spread now−0.065%7d average−0.035%fees + slippage, in and out−$13spread needed0.130%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH QQQ | 740.31 | 0.0032 | pay 0.0004% / 1h | 9m 21s | $39.7M | $82.2M | 50x |
| Short | Coinbase International QQQ-PERP-INTX | 739.83 | 0.0048 | get 0.0006% / 1h | 9m 21s | $1.2M | $839K | 20x |
Lighter RH QQQ
Coinbase International QQQ-PERP-INTXPrice 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
- −$6.48
- Funding while held
- $0.48
- Slippage, 4 orders
- −$2.99
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$19
- Spread needed to break even
- 0.130%
Slippage from Lighter RH: live order book, 6 min ago; Coinbase International: live order book, 1 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0016%
- Per $10,000 a day
- +$0.48
- 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 RH live order book, 6 min ago | 0.20 bp | 0.3 bp $0 | 1.4 bp −$14 | 7.2 bp −$724 | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 0.07 bp | 6.1 bp −$6 | 7.1 bp −$71 | 49.8 bp −$4,985 | doesn't fit |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.Ondo Perps738.78cheapestArcus739.29+0.069%Gate739.36+0.079%Aevo739.49+0.096%Nado739.56+0.106%KuCoin739.67+0.120%RISEx739.73+0.129%ApeX Omni739.82+0.141%Phoenix739.82+0.141%
Ondo Perps
Arcus
Gate
Aevo
Nado
KuCoin
RISEx
ApeX Omni
PhoenixCoinbase International739.83+0.142%
HTX739.85+0.145%BloFin739.87+0.148%OKX739.88+0.149%Deribit739.89+0.150%Aster739.89+0.151%Lighter739.92+0.154%Orderly740.01+0.166%GMX740.02+0.169%Bitget740.05+0.172%Binance740.06+0.173%Bybit740.09+0.177%Variational Omni740.10+0.178%edgeX740.13+0.183%
HTX
BloFin
OKX
Deribit
Aster
Lighter
Orderly
GMX
Bitget
Binance
Bybit
Variational OmniLighter RH740.31+0.207%
Phemex740.39+0.218%SunX740.48+0.230%Vest740.67+0.256%
Phemex
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 | −0.207% | −0.0090% | 1h | $4.2M | $2.1M | 20x | as long as short |
| Arcus QQQ-USD | −0.138% | +0.0040% | 1h | $756K | $1.5M | 25x | as long as short |
| Gate QQQ_USDT | −0.128% | 0.0000% | 8h | $2.9M | $33.8M | 50x | as long as short |
| Aevo QQQ-PERP | −0.111% | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | −0.101% | +0.0109% | 1h | $1.5M | $1.4M | 20x | as long as short |
| KuCoin QQQUSDTM | −0.086% | +0.0100% | 8h | $3.4M | $431K | 20x | as long as short |
| RISEx QQQ/USDC | −0.078% | +0.0041% | 1h | $5.4M | $9.0M | 25x | as long as short |
| ApeX Omni QQQUSDT | −0.066% | +0.0100% | 1h | $22K | $2.1M | 50x | as long as short |
| Phoenix QQQ | −0.066% | +0.0227% | 1h | $38K | $74K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTXshort | −0.065% | +0.0048% | 1h | $1.2M | $839K | 20x |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | −0.062% | 0.0000% | 8h | $255K | $32K | 30x | as long as short |
| BloFin QQQ-USDT | −0.059% | +0.0098% | 8h | $1.0M | $473K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | −0.058% | 0.0000% | 8h | $20.9M | $23.9M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | −0.057% | +0.0034% | 1h | $423K | $310K | 20x | as long as short |
| Aster QQQUSDT | −0.056% | +0.0058% | 8h | $830K | $534K | 20x | as long as short |
| Lighter QQQ | −0.053% | +0.0032% | 1h | $7.9M | $21.1M | 30x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | −0.041% | +0.0100% | 8h | $7K | $15K | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | −0.038% | L −0.0011% / S +0.0112% | 1h | $23K | — | 53x | as long as short |
| Bitget QQQUSDT | −0.035% | +0.0285% | 8h | $16.6M | $7.2M | 20x | as long as short |
| Binance QQQUSDT | −0.034% | +0.0133% | 8h | $69.7M | $148.8M | 25x | as long as short |
| Bybit QQQUSDT | −0.030% | +0.0111% | 8h | $10.8M | $5.1M | 50x | as long as short |
| Variational Omni QQQ | −0.029% | +0.0115% | 8h | $17.8M | $9.7M | — | as long as short |
| edgeX QQQUSDC | −0.024% | +0.0117% | 4h | $757K | $334K | 20x | as long as short |
| Lighter RH QQQlong | 0.000% | +0.0032% | 1h | $39.7M | $82.2M | 50x | |
| Phemex QQQUSDT | +0.011% | 0.0000% | 8h | $358K | $1.2M | 10x | as long as short |
| SunX QQQ-USDT | +0.023% | 0.0000% | 8h | $2K | $2.5M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.049% | +0.0046% | 1h | — | $619K | 50x | as long as short |