Funding you earn now, next payment 23:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h −0.021%
Price spread now: Arcus against Aevo−0.001%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo QQQ-PERP | 741.84 | 0.0104 | pay 0.0013% / 1h | 17m 51s | $92K | $1K | 10x |
| Short | Arcus QQQ-USD | 741.83 | 0.0040 | get 0.0005% / 1h | 17m 51s | $737K | $1.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Aevo. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$13.38
- Price spread: −0.001% → 0.000%
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$34
- Costs to cover
- 0.205%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Arcus: live order book, 6 min ago. Net counts fees only.
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 6 min ago | 0.54 bp | 6.6 bp −$7 | 7.3 bp −$73 | doesn't fit | doesn't fit |
Aevo: 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 on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0073% / S +0.0184% | 1h | 742.58 | +0.099% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0041% | 1h | 741.35 | −0.066% | $4.2M | $2.1M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.35 | +0.069% | $840K | $780K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.32 | +0.065% | $21.5M | $27.8M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.05 | +0.028% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.00 | +0.157% | $2K | $2.4M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 742.17 | +0.045% | $424K | $227K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.83 | +0.134% | $257K | $26K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.17 | +0.179% | $355K | $1.5M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0026% | 8h | 742.22 | +0.051% | $1.0M | $479K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH QQQ | +0.0032% | 1h | 742.74 | +0.121% | $37.7M | $81.6M | 50x | as long as short |
| Lighter QQQ | +0.0040% | 1h | 742.38 | +0.073% | $7.8M | $21.5M | 30x | as long as short |
| Arcus QQQ-USDshort | +0.0040% | 1h | 741.83 | −0.001% | $737K | $1.4M | 25x | |
| Variational Omni QQQ | +0.0040% | 8h | 742.53 | +0.093% | $17.2M | $10.0M | — | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.10 | +0.170% | — | $621K | 50x | as long as short |
| Binance QQQUSDT | +0.0069% | 8h | 742.49 | +0.088% | $69.7M | $160.0M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0088% | 1h | 742.05 | +0.028% | $1.2M | $870K | 20x | as long as short |
| Bybit QQQUSDT | +0.0090% | 8h | 742.44 | +0.081% | $10.7M | $5.3M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.10 | +0.035% | $3.4M | $433K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.26 | +0.057% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 740.35 | −0.201% | $12K | $20K | 20x | as long as short |
| Aevo QQQ-PERPlong | +0.0104% | 1h | 741.84 | long leg | $92K | $1K | 10x | |
| Nado QQQ-PERP | +0.0156% | 1h | 742.18 | +0.047% | $1.5M | $1.3M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0171% | 8h | 742.75 | +0.123% | $319K | $1.8M | 10x | as long as short |
| Bitget QQQUSDT | +0.0197% | 8h | 742.46 | +0.084% | $16.8M | $7.0M | 20x | as long as short |
| Phoenix QQQ | +0.0259% | 1h | 742.27 | +0.058% | $38K | $73K | 20x | as long as short |
| edgeX QQQUSDC | +0.0270% | 4h | 742.52 | +0.092% | $759K | $336K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0315% | 1h | 742.76 | +0.124% | $5.3M | $8.9M | 25x | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Lighter RH QQQ
Lighter QQQ
Variational Omni QQQ
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
Bybit QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Bitget QQQUSDT
Phoenix QQQ
edgeX QQQUSDC
RISEx QQQ/USDC