Spread before costs (cost unknown: a leg has no order-book sample)+0.062%
7d average+0.034%if it closes, per $10,000$6funding while held, a day+$5.92
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni QQQ | 734.81 | 0.0010 | pay 0.0010% / 8h | 1h 32m | $17.4M | $8.5M | — |
| Short | Bitget QQQUSDT | 735.27 | 0.0207 | get 0.0207% / 8h | 1h 32m | $16.7M | $6.0M | 20x |
Price 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
- $6.19
- Funding while held
- $5.92
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $0.12
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Bitget: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0197%
- Per $10,000 a day
- +$5.92
- 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 Variational Omni RFQ quote, 3 min ago | 1.90 bp | doesn't fit | 3.0 bp −$30 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.07 bp | 7.1 bp −$7 | 8.9 bp −$89 | 16.5 bp −$1,646 | doesn't fit |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.QQQ on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.137% | −0.0150% | 1h | $4.3M | $1.8M | 20x | as long as short |
| Aevo QQQ-PERP | −0.053% | +0.0104% | 1h | $91K | $1K | 10x | as long as short |
| Phoenix QQQ | −0.046% | −0.0197% | 1h | $50K | $24K | 20x | as long as short |
| Arcus QQQ-USD | −0.040% | −0.0073% | 1h | $781K | $1.4M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.040% | −0.0056% | 1h | $1.2M | $782K | 20x | as long as short |
| BloFin QQQ-USDT | −0.021% | +0.0120% | 8h | $985K | $453K | 20x | as long as short |
| Gate QQQ_USDT | −0.012% | 0.0000% | 8h | $2.7M | $30.5M | 50x | as long as short |
| ApeX Omni QQQUSDT | −0.006% | +0.0100% | 1h | $16K | $2.1M | 50x | as long as short |
| Nado QQQ-PERP | −0.003% | +0.0044% | 1h | $1.5M | $1.3M | 20x | as long as short |
| Variational Omni QQQlong | 0.000% | +0.0010% | 8h | $17.4M | $8.5M | — |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin QQQUSDTM | +0.010% | +0.0100% | 8h | $3.3M | $385K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.014% | 0.0000% | 1h | $420K | $291K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | +0.025% | 0.0000% | 8h | $19.8M | $17.0M | 50x | as long as short |
| edgeX QQQUSDC | +0.027% | −0.0986% | 4h | $751K | $333K | 20x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.028% | +0.0100% | 8h | $6K | — | 20x | as long as short |
| HTX QQQ-USDT | +0.032% | 0.0000% | 8h | $262K | $15K | 30x | as long as short |
| Aster QQQUSDT | +0.043% | 0.0000% | 8h | $547K | $194K | 20x | as long as short |
| RISEx QQQ/USDC | +0.053% | 0.0000% | 1h | $5.3M | $8.2M | 25x | as long as short |
| Bitget QQQUSDTshort | +0.062% | +0.0207% | 8h | $16.7M | $6.0M | 20x | |
| Phemex QQQUSDT | +0.065% | 0.0000% | 8h | $359K | $1.3M | 10x | as long as short |
| GMX QQQ/USD [ETH-USDC] | +0.071% | L +0.0026% / S +0.0035% | 1h | $13K | — | 26x | as long as short |
| Binance QQQUSDT | +0.074% | +0.0033% | 8h | $61.6M | $108.8M | 25x | as long as short |
| Lighter QQQ | +0.080% | +0.0168% | 1h | $7.2M | $15.3M | 30x | as long as short |
| Bybit QQQUSDT | +0.092% | 0.0000% | 8h | $10.9M | $4.7M | 50x | as long as short |
| Lighter RH QQQ | +0.095% | +0.0072% | 1h | $40.5M | $69.4M | 50x | as long as short |
| SunX QQQ-USDT | +0.138% | 0.0000% | 8h | $2K | $2.0M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.172% | +0.0046% | 1h | — | $348K | 50x | as long as short |
Variational Omni QQQ
Bitget QQQUSDT
Phoenix
Coinbase International
BloFin
Gate
ApeX Omni
KuCoin
Deribit
OKX
HTX
Aster
RISEx
Phemex
GMX
Binance
Lighter
Bybit
Lighter RH
SunX