Spread before costs (cost unknown: a leg has no order-book sample)+0.048%
7d average+0.052%if it closes, per $10,000$5funding while held, a day−$3.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni QQQ | 740.36 | 0.0111 | pay 0.0111% / 8h | 5h 44m | $17.8M | $9.9M | — |
| Short | Phemex QQQUSDT | 740.72 | 0 | get 0.0000% / 8h | 5h 44m | $362K | $1.3M | 10x |
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
- $4.82
- Funding while held
- −$3.34
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$10.52
- Spread needed to break even
- 0.120%
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Phemex: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0111%
- Per $10,000 a day
- −$3.34
- 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 | 1.90 bp | doesn't fit | 2.4 bp −$24 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.30 bp | 30.6 bp −$31 | doesn't fit | doesn't fit | 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 | −0.219% | −0.0315% | 1h | $4.2M | $2.2M | 20x | as long as short |
| Arcus QQQ-USD | −0.094% | −0.0043% | 1h | $756K | $1.5M | 25x | as long as short |
| Phoenix QQQ | −0.072% | +0.0054% | 1h | $38K | $73K | 20x | as long as short |
| Aevo QQQ-PERP | −0.069% | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| Gate QQQ_USDT | −0.067% | 0.0000% | 8h | $3.0M | $33.5M | 50x | as long as short |
| BloFin QQQ-USDT | −0.059% | +0.0120% | 8h | $1.0M | $472K | 20x | as long as short |
| ApeX Omni QQQUSDT | −0.052% | +0.0100% | 1h | $22K | $2.1M | 50x | as long as short |
| Nado QQQ-PERP | −0.051% | +0.0093% | 1h | $1.5M | $1.4M | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.049% | +0.0064% | 1h | $1.2M | $839K | 20x | as long as short |
| HTX QQQ-USDT | −0.049% | 0.0000% | 8h | $255K | $32K | 30x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin QQQUSDTM | −0.038% | +0.0100% | 8h | $3.4M | $433K | 20x | as long as short |
| RISEx QQQ/USDC | −0.034% | 0.0000% | 1h | $5.4M | $9.0M | 25x | as long as short |
| Aster QQQUSDT | −0.013% | +0.0047% | 8h | $836K | $541K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | −0.011% | 0.0000% | 8h | $21.3M | $24.5M | 50x | as long as short |
| Lighter QQQ | −0.006% | +0.0032% | 1h | $7.9M | $21.1M | 30x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | −0.005% | +0.0100% | 8h | $7K | $15K | 20x | as long as short |
| edgeX QQQUSDC | −0.003% | +0.0983% | 4h | $757K | $336K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | −0.002% | +0.0074% | 1h | $423K | $302K | 20x | as long as short |
| Variational Omni QQQlong | 0.000% | +0.0111% | 8h | $17.8M | $9.9M | — | |
| Binance QQQUSDT | +0.014% | +0.0127% | 8h | $69.8M | $149.4M | 25x | as long as short |
| Bitget QQQUSDT | +0.017% | +0.0283% | 8h | $16.6M | $7.2M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | +0.018% | L −0.0011% / S +0.0112% | 1h | $23K | — | 53x | as long as short |
| Bybit QQQUSDT | +0.027% | +0.0086% | 8h | $10.8M | $5.2M | 50x | as long as short |
| Lighter RH QQQ | +0.048% | +0.0032% | 1h | $39.7M | $81.1M | 50x | as long as short |
| Phemex QQQUSDTshort | +0.048% | 0.0000% | 8h | $362K | $1.3M | 10x | |
| SunX QQQ-USDT | +0.067% | 0.0000% | 8h | $1K | $2.5M | 10x | as long as short |
| Vest QQQ-USD-PERP | +0.094% | +0.0046% | 1h | — | $619K | 50x | as long as short |
Variational Omni QQQ
Phemex QQQUSDT
Phoenix
Gate
BloFin
ApeX Omni
Coinbase International
HTX
KuCoin
RISEx
Aster
OKX
Lighter
Deribit
Binance
Bitget
GMX
Bybit
Lighter RH
SunX