After costs, if the gap returns to its 7d average, $10k−$4
spread now−0.049%7d average−0.098%fees + slippage, in and out−$9spread needed0.087%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx QQQ/USDC | 736.39 | 0 | get 0.0000% / 1h | 20m 41s | $5.3M | $8.3M | 25x |
| Short | Lighter QQQ | 736.03 | 0.0176 | get 0.0022% / 1h | 20m 41s | $7.5M | $16.0M | 30x |
RISEx QQQ/USDC
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
- −$4.93
- Funding while held
- $5.28
- Slippage, 4 orders
- −$2.66
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$8.3
- Spread needed to break even
- 0.087%
Slippage from RISEx: live order book, 5 min ago; Lighter: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0176%
- Per $10,000 a day
- +$5.28
- 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 RISEx live order book, 5 min ago | 0.48 bp | 4.0 bp −$4 | 4.7 bp −$47 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.34 bp | 0.5 bp −$1 | 1.2 bp −$12 | 11.8 bp −$1,181 | 49.9 bp −$24.9K |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.Phoenix735.03cheapestOndo Perps735.07+0.005%ApeX Omni735.29+0.035%Arcus735.35+0.044%Aevo735.43+0.055%Gate735.59+0.076%KuCoin735.64+0.083%edgeX735.73+0.096%Coinbase International735.74+0.097%BloFin735.74+0.097%OKX735.77+0.101%Deribit735.81+0.106%Orderly735.87+0.114%Nado735.90+0.118%Binance735.98+0.129%Aster736.01+0.133%Bitget736.02+0.135%
Phoenix
Ondo Perps
ApeX Omni
Arcus
Aevo
Gate
KuCoin
Coinbase International
BloFin
OKX
Deribit
Orderly
Nado
Binance
Aster
BitgetLighter736.03+0.136%
Bybit736.13+0.150%Phemex736.14+0.151%Lighter RH736.17+0.155%GMX736.22+0.161%Variational Omni736.34+0.178%
Bybit
Phemex
Lighter RH
GMX
Variational OmniRISEx736.39+0.185%
HTX736.40+0.186%SunX736.72+0.230%Vest736.83+0.245%
HTX
SunX
VestQQQ on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix QQQ | −0.185% | −0.0197% | 1h | $50K | $24K | 20x | as long as short |
| Ondo Perps QQQ-USD.P | −0.180% | −0.0141% | 1h | $4.3M | $1.8M | 20x | as long as short |
| ApeX Omni QQQUSDT | −0.150% | +0.0100% | 1h | $16K | $2.1M | 50x | as long as short |
| Arcus QQQ-USD | −0.142% | −0.0073% | 1h | $784K | $1.4M | 25x | as long as short |
| Aevo QQQ-PERP | −0.130% | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| Gate QQQ_USDT | −0.109% | 0.0000% | 8h | $2.7M | $31.5M | 50x | as long as short |
| KuCoin QQQUSDTM | −0.102% | +0.0100% | 8h | $3.3M | $391K | 20x | as long as short |
| edgeX QQQUSDC | −0.089% | −0.0918% | 4h | $752K | $333K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.089% | −0.0056% | 1h | $1.2M | $786K | 20x | as long as short |
| BloFin QQQ-USDT | −0.089% | +0.0120% | 8h | $1.0M | $455K | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX QQQ-USDT-SWAP | −0.085% | 0.0000% | 8h | $20.1M | $17.7M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | −0.079% | 0.0000% | 1h | $420K | $292K | 20x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | −0.071% | +0.0100% | 8h | $7K | — | 20x | as long as short |
| Nado QQQ-PERP | −0.067% | +0.0065% | 1h | $1.5M | $1.3M | 20x | as long as short |
| Binance QQQUSDT | −0.056% | +0.0036% | 8h | $61.9M | $111.0M | 25x | as long as short |
| Aster QQQUSDT | −0.052% | 0.0000% | 8h | $548K | $201K | 20x | as long as short |
| Bitget QQQUSDT | −0.051% | +0.0207% | 8h | $16.7M | $6.2M | 20x | as long as short |
| Lighter QQQshort | −0.049% | +0.0176% | 1h | $7.5M | $16.0M | 30x | |
| Bybit QQQUSDT | −0.036% | 0.0000% | 8h | $10.8M | $4.7M | 50x | as long as short |
| Phemex QQQUSDT | −0.034% | 0.0000% | 8h | $359K | $1.3M | 10x | as long as short |
| Lighter RH QQQ | −0.030% | +0.0064% | 1h | $40.6M | $70.7M | 50x | as long as short |
| GMX QQQ/USD [ETH-USDC] | −0.024% | L +0.0025% / S +0.0036% | 1h | $13K | — | 26x | as long as short |
| Variational Omni QQQ | −0.007% | +0.0012% | 8h | $17.6M | $8.9M | — | as long as short |
| RISEx QQQ/USDClong | 0.000% | 0.0000% | 1h | $5.3M | $8.3M | 25x | |
| HTX QQQ-USDT | +0.001% | 0.0000% | 8h | $257K | $26K | 30x | as long as short |
| SunX QQQ-USDT | +0.044% | 0.0000% | 8h | $2K | $2.1M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.059% | +0.0046% | 1h | — | $415K | 50x | as long as short |