Funding you earn now, next payment 11:00 UTC−0.0317%/8h= −34.7% APRnext payment −$0.40 per $10,000 · paid last 24h −0.057%
Price spread now: GMX against Lighter RH+0.002%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 RH: Points live · 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: −$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH QQQ | 743.15 | 0.0032 | pay 0.0004% / 1h | 43m 08s | $38.7M | $77.1M | 50x |
| Short | GMX QQQ/USD [ETH-USDC] | 743.16 | L −0.0203% / S +0.0285% | pay 0.0036% / 1h | 43m 08s | $25K | — | 26x |
Lighter RH QQQ
GMX QQQ/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$66.58
- Price spread: +0.002% → 0.000%
- $0.2
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$78.38
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 4 min ago; GMX: 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, 4 min ago | 0.14 bp | 1.2 bp −$1 | 2.0 bp −$20 | 11.2 bp −$1,116 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 exchanges
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]short | L −0.0203% / S +0.0285% | 1h | 743.16 | +0.002% | $25K | — | 26x | |
| Ondo Perps QQQ-USD.P | −0.0135% | 1h | 740.96 | −0.295% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0007% | 8h | 742.97 | −0.024% | $1.1M | $237K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.14 | −0.001% | $857K | $903K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.95 | −0.027% | $21.8M | $30.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.89 | −0.035% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.61 | −0.073% | $3.5M | $19.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.03 | −0.016% | $17.0M | $5.9M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.62 | +0.063% | $2K | $1.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.27 | +0.016% | $247K | $45K | 30x | as long as short |
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 743.46 | +0.042% | $361K | $1.6M | 10x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.53 | −0.083% | $7.3M | $15.7M | 30x | as long as short |
| Lighter RH QQQlong | +0.0032% | 1h | 743.15 | long leg | $38.7M | $77.1M | 50x | |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 742.87 | −0.038% | $1.2M | $541K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.97 | −0.159% | $659K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.91 | +0.102% | — | $337K | 50x | as long as short |
| Variational Omni QQQ | +0.0052% | 8h | 742.97 | −0.025% | $16.8M | $6.9M | — | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0060% | 1h | 742.72 | −0.058% | $398K | $108K | 20x | as long as short |
| Bybit QQQUSDT | +0.0068% | 8h | 743.09 | −0.008% | $10.5M | $4.8M | 50x | as long as short |
| Binance QQQUSDT | +0.0077% | 8h | 743.17 | +0.003% | $71.7M | $145.9M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.71 | −0.059% | $3.4M | $470K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.56 | −0.079% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.83 | −0.043% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.30 | −0.115% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0135% | 1h | 742.59 | −0.076% | $1.6M | $771K | 20x | as long as short |
| edgeX QQQUSDC | +0.0190% | 4h | 742.87 | −0.038% | $760K | $337K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0250% | 8h | 743.56 | +0.055% | $318K | $2.1M | 10x | as long as short |
| Phoenix QQQ | +0.0302% | 1h | 742.33 | −0.110% | $38K | $59K | 20x | as long as short |
Phemex QQQUSDT
Lighter QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Deribit QQQ_USDC-PERPETUAL
Bybit QQQUSDT
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
edgeX QQQUSDC
GRVT QQQ_USDT_Perp
Phoenix QQQ