After costs, if the gap returns to its 7d average, $10k−$2
spread now+0.033%7d average−0.068%fees + slippage, in and out−$12spread needed0.119%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado QQQ-PERP | 728.23 | 0.0124 | pay 0.0015% / 1h | 29m 33s | $1.3M | $1.2M | 20x |
| Short | Lighter QQQ | 728.47 | 0.0032 | get 0.0004% / 1h | 29m 33s | $7.0M | $13.9M | 30x |
Nado QQQ-PERP
Lighter QQQPrice 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
- $3.32
- Funding while held
- −$2.75
- Slippage, 4 orders
- −$4.91
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.34
- Spread needed to break even
- 0.119%
Slippage from Nado: live order book, just now; Lighter: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0092%
- Per $10,000 a day
- −$2.75
- 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 Nado live order book, just now | 0.07 bp | 4.5 bp −$4 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.27 bp | 1.0 bp −$1 | 3.0 bp −$30 | 18.1 bp −$1,810 | 56.5 bp −$28.3K |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.Aevo727.91cheapestOndo Perps728.03+0.017%Arcus728.04+0.018%Gate728.13+0.031%ApeX Omni728.19+0.039%
Aevo
Ondo Perps
Arcus
Gate
ApeX OmniNado728.23+0.044%
Phoenix728.23+0.044%KuCoin728.26+0.048%Deribit728.26+0.048%Coinbase International728.28+0.051%Orderly728.45+0.074%
Phoenix
KuCoin
Deribit
Coinbase International
OrderlyLighter728.47+0.077%
OKX728.53+0.085%BloFin728.53+0.085%Aster728.60+0.095%edgeX728.62+0.098%Bybit728.67+0.105%Binance728.69+0.107%GMX728.72+0.111%Variational Omni728.73+0.113%Phemex728.77+0.118%Lighter RH728.79+0.121%RISEx728.87+0.132%Bitget728.87+0.132%SunX729.15+0.171%HTX729.39+0.204%Vest729.60+0.232%
OKX
BloFin
Aster
Bybit
Binance
GMX
Variational Omni
Phemex
Lighter RH
RISEx
Bitget
SunX
HTX
VestQQQ on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo QQQ-PERP | −0.044% | +0.0104% | 1h | $91K | $1K | 10x | as long as short |
| Ondo Perps QQQ-USD.P | −0.027% | −0.0076% | 1h | $4.2M | $1.3M | 20x | as long as short |
| Arcus QQQ-USD | −0.026% | +0.0212% | 1h | $1.0M | $961K | 25x | as long as short |
| Gate QQQ_USDT | −0.014% | 0.0000% | 8h | $2.8M | $28.8M | 50x | as long as short |
| ApeX Omni QQQUSDT | −0.005% | +0.0100% | 1h | $16K | $2.1M | 50x | as long as short |
| Nado QQQ-PERPlong | 0.000% | +0.0124% | 1h | $1.3M | $1.2M | 20x | |
| Phoenix QQQ | 0.000% | −0.0044% | 1h | $79K | $20K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.004% | +0.0100% | 8h | $3.3M | $347K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.004% | 0.0000% | 1h | $416K | $277K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.007% | −0.0016% | 1h | $1.3M | $557K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_QQQ_USDC_mythos | +0.030% | +0.0100% | 8h | $6K | $2K | 20x | as long as short |
| Lighter QQQshort | +0.033% | +0.0032% | 1h | $7.0M | $13.9M | 30x | |
| OKX QQQ-USDT-SWAP | +0.041% | 0.0000% | 8h | $19.7M | $11.3M | 50x | as long as short |
| BloFin QQQ-USDT | +0.041% | +0.0120% | 8h | $999K | $440K | 20x | as long as short |
| Aster QQQUSDT | +0.051% | 0.0000% | 8h | $506K | $131K | 20x | as long as short |
| edgeX QQQUSDC | +0.054% | −0.0819% | 4h | $744K | $333K | 20x | as long as short |
| Bybit QQQUSDT | +0.061% | 0.0000% | 8h | $11.8M | $3.2M | 50x | as long as short |
| Binance QQQUSDT | +0.063% | +0.0052% | 8h | $61.4M | $90.1M | 25x | as long as short |
| GMX QQQ/USD [ETH-USDC] | +0.067% | L +0.0090% / S −0.0030% | 1h | $15K | — | 26x | as long as short |
| Variational Omni QQQ | +0.069% | +0.0041% | 8h | $17.6M | $7.9M | — | as long as short |
| Phemex QQQUSDT | +0.074% | 0.0000% | 8h | $359K | $1.2M | 10x | as long as short |
| Lighter RH QQQ | +0.077% | +0.0032% | 1h | $40.3M | $62.7M | 50x | as long as short |
| RISEx QQQ/USDC | +0.088% | +0.0355% | 1h | $5.3M | $7.4M | 25x | as long as short |
| Bitget QQQUSDT | +0.088% | +0.0175% | 8h | $16.4M | $5.1M | 20x | as long as short |
| SunX QQQ-USDT | +0.127% | 0.0000% | 8h | $2K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | +0.160% | 0.0000% | 8h | $261K | $14K | 30x | as long as short |
| Vest QQQ-USD-PERP | +0.188% | +0.0046% | 1h | — | $348K | 50x | as long as short |