Spread before costs (cost unknown: a leg has no order-book sample)−0.064%
7d average−0.174%if it closes, per $10,000$6funding while held, a day+$0.55
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest QQQ-USD-PERP | 736.59 | 0.0046 | pay 0.0006% / 1h | 19m 34s | — | $415K | 50x |
| Short | Lighter RH QQQ | 736.12 | 0.0064 | get 0.0008% / 1h | 19m 34s | $40.6M | $70.8M | 50x |
Vest QQQ-USD-PERP
Lighter RH 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
- −$6.38
- Funding while held
- $0.55
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$7.83
- Spread needed to break even
- 0.020%
Slippage unknown: Vest: no order-book sample; Lighter RH: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0018%
- Per $10,000 a day
- +$0.55
- 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 Vest no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 6 min ago | 0.07 bp | 0.2 bp $0 | 0.8 bp −$8 | 4.1 bp −$412 | doesn't fit |
Vest: 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.Phoenix735.03cheapestOndo Perps735.07+0.005%Arcus735.15+0.016%Aevo735.16+0.017%ApeX Omni735.29+0.035%Deribit735.49+0.063%Gate735.51+0.065%KuCoin735.55+0.071%Nado735.58+0.075%Orderly735.63+0.082%OKX735.67+0.087%edgeX735.73+0.096%Coinbase International735.74+0.097%Phemex735.74+0.097%BloFin735.74+0.097%Binance735.92+0.121%GMX735.95+0.124%Bitget735.96+0.127%Lighter735.97+0.128%Aster735.98+0.129%Bybit736.03+0.136%RISEx736.03+0.136%
Phoenix
Ondo Perps
Arcus
Aevo
ApeX Omni
Deribit
Gate
KuCoin
Nado
Orderly
OKX
Coinbase International
Phemex
BloFin
Binance
GMX
Bitget
Lighter
Aster
Bybit
RISExLighter RH736.12+0.148%
Variational Omni736.34+0.178%HTX736.40+0.186%SunX736.45+0.193%
Variational Omni
HTX
SunXVest736.59+0.212%
QQQ on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix QQQ | −0.212% | −0.0197% | 1h | $50K | $24K | 20x | as long as short |
| Ondo Perps QQQ-USD.P | −0.206% | −0.0138% | 1h | $4.3M | $1.8M | 20x | as long as short |
| Arcus QQQ-USD | −0.195% | −0.0073% | 1h | $783K | $1.4M | 25x | as long as short |
| Aevo QQQ-PERP | −0.195% | +0.0104% | 1h | $91K | $1K | 10x | as long as short |
| ApeX Omni QQQUSDT | −0.176% | +0.0100% | 1h | $16K | $2.1M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | −0.149% | 0.0000% | 1h | $420K | $292K | 20x | as long as short |
| Gate QQQ_USDT | −0.147% | 0.0000% | 8h | $2.7M | $31.6M | 50x | as long as short |
| KuCoin QQQUSDTM | −0.141% | +0.0100% | 8h | $3.3M | $391K | 20x | as long as short |
| Nado QQQ-PERP | −0.137% | +0.0068% | 1h | $1.5M | $1.3M | 20x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | −0.130% | +0.0100% | 8h | $6K | — | 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 | −0.125% | 0.0000% | 8h | $20.1M | $17.7M | 50x | as long as short |
| edgeX QQQUSDC | −0.116% | −0.0918% | 4h | $752K | $333K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | −0.115% | −0.0056% | 1h | $1.2M | $786K | 20x | as long as short |
| Phemex QQQUSDT | −0.115% | 0.0000% | 8h | $359K | $1.3M | 10x | as long as short |
| BloFin QQQ-USDT | −0.115% | +0.0120% | 8h | $1.0M | $455K | 20x | as long as short |
| Binance QQQUSDT | −0.091% | +0.0036% | 8h | $62.1M | $111.4M | 25x | as long as short |
| GMX QQQ/USD [ETH-USDC] | −0.088% | L +0.0025% / S +0.0036% | 1h | $13K | — | 26x | as long as short |
| Bitget QQQUSDT | −0.086% | +0.0207% | 8h | $16.7M | $6.2M | 20x | as long as short |
| Lighter QQQ | −0.084% | +0.0176% | 1h | $7.6M | $16.1M | 30x | as long as short |
| Aster QQQUSDT | −0.083% | 0.0000% | 8h | $548K | $201K | 20x | as long as short |
| Bybit QQQUSDT | −0.076% | 0.0000% | 8h | $10.8M | $4.7M | 50x | as long as short |
| RISEx QQQ/USDC | −0.076% | 0.0000% | 1h | $5.3M | $8.3M | 25x | as long as short |
| Lighter RH QQQshort | −0.064% | +0.0064% | 1h | $40.6M | $70.8M | 50x | |
| Variational Omni QQQ | −0.034% | +0.0012% | 8h | $17.6M | $8.9M | — | as long as short |
| HTX QQQ-USDT | −0.026% | 0.0000% | 8h | $257K | $26K | 30x | as long as short |
| SunX QQQ-USDT | −0.019% | 0.0000% | 8h | $2K | $2.1M | 10x | as long as short |
| Vest QQQ-USD-PERPlong | 0.000% | +0.0046% | 1h | — | $415K | 50x |