Funding you earn now, next payment 21:00 UTC+0.0032%/8hpaid last 24h +0.010%
Price spread now: Lighter RH against OKX+0.063%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$120.119% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now +0.063%, 7d avg −0.009%
=Together, before fees+0.112%+ Points / potential airdropLighter RH: Points live · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.073% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX QQQ-USDT-SWAP | 741.43 | 0 | get 0.0000% / 8h | 3h 57m | $21.2M | $27.6M | 50x |
| Short | Lighter RH QQQ | 741.90 | 0.0032 | get 0.0004% / 1h | 57m 54s | $38.6M | $82.4M | 50x |
OKX QQQ-USDT-SWAP
Lighter RH QQQFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against OKX. 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
- $6.72
- Price spread: +0.063% → −0.009%
- $7.27
- Slippage, 4 orders
- −$1.89
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $2.11
- Costs to cover
- 0.119%
- Break-even
- 4.8 days
Slippage from OKX: live order book, 5 min ago; Lighter RH: live order book, 6 min ago.
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 OKX live order book, 5 min ago | 0.07 bp | 5.1 bp −$5 | 5.4 bp −$54 | 11.4 bp −$1,139 | doesn't fit |
| Sell Lighter RH live order book, 6 min ago | 0.07 bp | 1.1 bp −$1 | 1.9 bp −$19 | 7.2 bp −$716 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0121% | 1h | 740.63 | −0.108% | $4.2M | $2.3M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0033% / S +0.0152% | 1h | 741.55 | +0.017% | $25K | — | 53x | as long as short |
| Gate QQQ_USDT | −0.0021% | 8h | 740.95 | −0.065% | $3.1M | $33.9M | 50x | as long as short |
| OKX QQQ-USDT-SWAPlong | 0.0000% | 8h | 741.43 | long leg | $21.2M | $27.6M | 50x | |
| SunX QQQ-USDT | 0.0000% | 8h | 742.03 | +0.081% | $1K | $2.5M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 741.36 | −0.009% | $424K | $303K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.02 | +0.214% | $257K | $32K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 741.84 | +0.055% | $359K | $1.3M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0015% | 1h | 741.69 | +0.036% | $5.1M | $9.2M | 25x | as long as short |
| Phoenix QQQ | +0.0022% | 1h | 741.93 | +0.067% | $38K | $73K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
Phoenix QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster QQQUSDT | +0.0029% | 8h | 741.52 | +0.012% | $845K | $592K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.41 | −0.003% | $7.9M | $21.7M | 30x | as long as short |
| Lighter RH QQQshort | +0.0032% | 1h | 741.90 | +0.063% | $38.6M | $82.4M | 50x | |
| Arcus QQQ-USD | +0.0040% | 1h | 740.96 | −0.063% | $755K | $1.5M | 25x | as long as short |
| Bybit QQQUSDT | +0.0044% | 8h | 741.60 | +0.023% | $10.7M | $6.0M | 50x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.35 | +0.124% | — | $621K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 741.37 | −0.008% | $1.2M | $850K | 20x | as long as short |
| Variational Omni QQQ | +0.0090% | 8h | 742.01 | +0.079% | $17.2M | $10.5M | — | as long as short |
| edgeX QQQUSDC | +0.0092% | 4h | 742.05 | +0.084% | $759K | $337K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.45 | +0.003% | $3.4M | $444K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.71 | +0.038% | $20K | $2.1M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.44 | +0.001% | $7K | $15K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.01 | −0.057% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0104% | 1h | 741.27 | −0.022% | $1.5M | $1.4M | 20x | as long as short |
| Binance QQQUSDT | +0.0108% | 8h | 741.50 | +0.010% | $68.4M | $159.4M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0120% | 8h | 741.89 | +0.062% | $1.0M | $504K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0187% | 8h | 742.16 | +0.098% | $314K | $1.6M | 10x | as long as short |
| Bitget QQQUSDT | +0.0272% | 8h | 741.64 | +0.028% | $16.8M | $7.6M | 20x | as long as short |
Aster QQQUSDT
Lighter QQQ
Arcus QQQ-USD
Bybit QQQUSDT
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
edgeX QQQUSDC
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Binance QQQUSDT
BloFin QQQ-USDT
GRVT QQQ_USDT_Perp
Bitget QQQUSDT