Spread before costs (cost unknown: a leg has no order-book sample)+0.049%
7d average+0.137%if it closes, per $10,000$5funding while held, a day+$7.85
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps QQQ-USD.P | 740.88 | −0.0198 | get 0.0025% / 1h | 7m 45s | $4.2M | $2.3M | 20x |
| Short | Coinbase International QQQ-PERP-INTX | 741.24 | 0.0064 | get 0.0008% / 1h | 7m 45s | $1.2M | $846K | 20x |
Ondo Perps QQQ-USD.P
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
- $4.86
- Funding while held
- $7.85
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$2.29
- Spread needed to break even
- 0.150%
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0262%
- Per $10,000 a day
- +$7.85
- 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 2 min ago | 0.41 bp | 5.7 bp −$6 | 6.7 bp −$67 | 42.2 bp −$4,215 | doesn't fit |
Ondo Perps: 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 price on every exchange
against the cheapest. Click to use as the short leg.Arcus740.84cheapest
ArcusOndo Perps740.88+0.005%
Phoenix740.93+0.012%ApeX Omni741.05+0.028%Aevo741.09+0.034%Gate741.09+0.034%BloFin741.14+0.040%Nado741.22+0.051%
Phoenix
ApeX Omni
Aevo
Gate
BloFin
NadoCoinbase International741.24+0.054%
KuCoin741.33+0.066%edgeX741.44+0.081%Variational Omni741.47+0.085%RISEx741.54+0.094%Deribit741.58+0.100%Aster741.61+0.104%Lighter741.63+0.107%Orderly741.65+0.109%OKX741.68+0.113%Binance741.78+0.127%GMX741.78+0.128%Bybit741.86+0.138%Bitget741.86+0.138%HTX741.95+0.150%Phemex741.96+0.151%Lighter RH742.08+0.167%SunX742.24+0.189%Vest742.29+0.196%
KuCoin
Variational Omni
RISEx
Deribit
Aster
Lighter
Orderly
OKX
Binance
GMX
Bybit
Bitget
HTX
Phemex
Lighter RH
SunX
VestQQQ on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | −0.005% | −0.0043% | 1h | $758K | $1.5M | 25x | as long as short |
| Ondo Perps QQQ-USD.Plong | 0.000% | −0.0198% | 1h | $4.2M | $2.3M | 20x | |
| Phoenix QQQ | +0.007% | +0.0054% | 1h | $38K | $73K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.023% | +0.0100% | 1h | $20K | $2.1M | 50x | as long as short |
| Aevo QQQ-PERP | +0.028% | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| Gate QQQ_USDT | +0.028% | 0.0000% | 8h | $3.0M | $33.6M | 50x | as long as short |
| BloFin QQQ-USDT | +0.035% | +0.0120% | 8h | $1.0M | $493K | 20x | as long as short |
| Nado QQQ-PERP | +0.046% | +0.0124% | 1h | $1.5M | $1.4M | 20x | as long as short |
| Coinbase International QQQ-PERP-INTXshort | +0.049% | +0.0064% | 1h | $1.2M | $846K | 20x | |
| KuCoin QQQUSDTM | +0.061% | +0.0100% | 8h | $3.4M | $435K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX QQQUSDC | +0.076% | +0.0201% | 4h | $758K | $335K | 20x | as long as short |
| Variational Omni QQQ | +0.079% | +0.0090% | 8h | $17.6M | $10.1M | — | as long as short |
| RISEx QQQ/USDC | +0.089% | 0.0000% | 1h | $5.4M | $9.1M | 25x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.094% | +0.0101% | 1h | $424K | $302K | 20x | as long as short |
| Aster QQQUSDT | +0.099% | +0.0028% | 8h | $843K | $571K | 20x | as long as short |
| Lighter QQQ | +0.101% | +0.0032% | 1h | $8.0M | $21.5M | 30x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.104% | +0.0100% | 8h | $7K | $15K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | +0.108% | 0.0000% | 8h | $21.2M | $25.6M | 50x | as long as short |
| Binance QQQUSDT | +0.122% | +0.0114% | 8h | $69.9M | $152.5M | 25x | as long as short |
| GMX QQQ/USD [ETH-USDC] | +0.122% | L −0.0016% / S +0.0115% | 1h | $23K | — | 53x | as long as short |
| Bybit QQQUSDT | +0.132% | +0.0057% | 8h | $10.7M | $5.6M | 50x | as long as short |
| Bitget QQQUSDT | +0.132% | +0.0277% | 8h | $16.8M | $7.5M | 20x | as long as short |
| HTX QQQ-USDT | +0.144% | 0.0000% | 8h | $256K | $33K | 30x | as long as short |
| Phemex QQQUSDT | +0.146% | 0.0000% | 8h | $360K | $1.3M | 10x | as long as short |
| Lighter RH QQQ | +0.162% | +0.0032% | 1h | $39.7M | $83.5M | 50x | as long as short |
| SunX QQQ-USDT | +0.184% | 0.0000% | 8h | $2K | $2.5M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.190% | +0.0046% | 1h | — | $619K | 50x | as long as short |