Spread before costs (cost unknown: a leg has no order-book sample)+0.013%
7d average−0.080%if it closes, per $10,000$1funding while held, a day+$0.11
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni QQQ | 728.25 | 0.0044 | pay 0.0044% / 8h | 2h 29m | $17.5M | $7.3M | — |
| Short | Lighter QQQ | 728.35 | 0.0048 | get 0.0006% / 1h | 29m 29s | $6.9M | $14.2M | 30x |
Variational Omni QQQ
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
- $1.33
- Funding while held
- $0.11
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $1.44
- Spread needed to break even
- 0.000%
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Lighter: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.11
- 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, 1 min ago | 1.89 bp | doesn't fit | 2.4 bp −$24 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.07 bp | 0.1 bp $0 | 1.7 bp −$17 | 18.7 bp −$1,866 | 56.5 bp −$28.2K |
QQQ price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International727.53cheapestOndo Perps727.58+0.007%Aevo727.59+0.008%Phoenix727.78+0.034%ApeX Omni727.81+0.038%Deribit727.88+0.048%Arcus727.90+0.051%KuCoin728.07+0.074%Orderly728.07+0.074%Nado728.11+0.080%edgeX728.20+0.093%
Coinbase International
Ondo Perps
Aevo
Phoenix
ApeX Omni
Deribit
Arcus
KuCoin
Orderly
NadoVariational Omni728.25+0.099%
BloFin728.26+0.100%GMX728.26+0.101%Gate728.32+0.109%
BloFin
GMX
GateLighter728.35+0.113%
Phemex728.45+0.126%HTX728.49+0.132%Aster728.50+0.133%Lighter RH728.69+0.159%OKX728.74+0.166%Binance728.79+0.173%SunX728.80+0.175%Bitget728.82+0.177%RISEx728.86+0.183%Bybit728.87+0.184%Vest729.70+0.298%
Phemex
HTX
Aster
Lighter RH
OKX
Binance
SunX
Bitget
RISEx
Bybit
VestQQQ on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | −0.099% | −0.0032% | 1h | $1.3M | $578K | 20x | as long as short |
| Ondo Perps QQQ-USD.P | −0.092% | +0.0050% | 1h | $4.2M | $1.4M | 20x | as long as short |
| Aevo QQQ-PERP | −0.091% | +0.0104% | 1h | $91K | $1K | 10x | as long as short |
| Phoenix QQQ | −0.065% | −0.0066% | 1h | $79K | $20K | 20x | as long as short |
| ApeX Omni QQQUSDT | −0.061% | +0.0100% | 1h | $16K | $2.1M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | −0.051% | 0.0000% | 1h | $416K | $282K | 20x | as long as short |
| Arcus QQQ-USD | −0.048% | +0.0040% | 1h | $852K | $1.1M | 25x | as long as short |
| KuCoin QQQUSDTM | −0.025% | +0.0100% | 8h | $3.3M | $363K | 20x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | −0.025% | +0.0100% | 8h | $6K | — | 20x | as long as short |
| Nado QQQ-PERP | −0.019% | +0.0133% | 1h | $1.3M | $1.2M | 20x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX QQQUSDC | −0.007% | −0.0641% | 4h | $744K | $333K | 20x | as long as short |
| Variational Omni QQQlong | 0.000% | +0.0044% | 8h | $17.5M | $7.3M | — | |
| BloFin QQQ-USDT | +0.001% | +0.0120% | 8h | $993K | $423K | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | +0.002% | L +0.0095% / S −0.0036% | 1h | $14K | — | 26x | as long as short |
| Gate QQQ_USDT | +0.009% | 0.0000% | 8h | $2.7M | $29.3M | 50x | as long as short |
| Lighter QQQshort | +0.013% | +0.0048% | 1h | $6.9M | $14.2M | 30x | |
| Phemex QQQUSDT | +0.027% | 0.0000% | 8h | $360K | $1.2M | 10x | as long as short |
| HTX QQQ-USDT | +0.033% | 0.0000% | 8h | $260K | $14K | 30x | as long as short |
| Aster QQQUSDT | +0.033% | 0.0000% | 8h | $506K | $117K | 20x | as long as short |
| Lighter RH QQQ | +0.060% | +0.0032% | 1h | $40.1M | $65.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | +0.067% | 0.0000% | 8h | $19.7M | $11.7M | 50x | as long as short |
| Binance QQQUSDT | +0.074% | +0.0056% | 8h | $61.5M | $92.6M | 25x | as long as short |
| SunX QQQ-USDT | +0.075% | 0.0000% | 8h | $1K | $1.7M | 10x | as long as short |
| Bitget QQQUSDT | +0.078% | +0.0228% | 8h | $16.5M | $5.1M | 20x | as long as short |
| RISEx QQQ/USDC | +0.084% | +0.0282% | 1h | $5.5M | $7.4M | 25x | as long as short |
| Bybit QQQUSDT | +0.085% | 0.0000% | 8h | $11.8M | $3.2M | 50x | as long as short |
| Vest QQQ-USD-PERP | +0.199% | +0.0046% | 1h | — | $348K | 50x | as long as short |