Funding you earn now, next payment 09:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h +0.008%
Price spread now: RISEx against Aevo+0.067%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 pays, funding is against you. RISEx is 0.067% dearer against Aevo than usual: you sell high and buy low (spread +0.067% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo QQQ-PERP | 739.97 | 0.0104 | pay 0.0013% / 1h | 19m 04s | $92K | $1K | 10x |
| Short | RISEx QQQ/USDC | 740.47 | 0 | get 0.0000% / 1h | 19m 04s | $5.4M | $5.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$21.84
- Price spread: +0.067% → 0.000%
- $6.71
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$37.13
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; RISEx: live order book, 5 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 RISEx live order book, 5 min ago | 0.54 bp | 3.6 bp −$4 | 4.3 bp −$43 | 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 −0.0187% / S +0.0273% | 1h | 740.51 | +0.073% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 740.25 | +0.037% | $855K | $903K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 740.95 | +0.132% | $10.6M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 740.50 | +0.071% | $21.8M | $30.0M | 50x | as long as short |
| RISEx QQQ/USDCshort | 0.0000% | 1h | 740.47 | +0.067% | $5.4M | $5.7M | 25x | |
| Gate QQQ_USDT | 0.0000% | 8h | 740.20 | +0.031% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 740.76 | +0.106% | $16.5M | $5.2M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 741.16 | +0.160% | $2K | $1.6M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.05 | +0.146% | $250K | $38K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 740.94 | +0.131% | $363K | $1.6M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QQQ | +0.0003% | 8h | 740.38 | +0.055% | $16.7M | $7.2M | — | as long as short |
| BloFin QQQ-USDT | +0.0010% | 8h | 740.64 | +0.090% | $1.1M | $279K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0024% | 1h | 740.43 | +0.062% | $1.2M | $502K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 740.50 | +0.071% | $7.6M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 740.88 | +0.123% | $37.6M | $80.4M | 50x | as long as short |
| Binance QQQUSDT | +0.0034% | 8h | 740.77 | +0.108% | $70.3M | $141.1M | 25x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 739.86 | −0.015% | $647K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 741.65 | +0.227% | — | $337K | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 739.35 | −0.084% | $4.2M | $1.8M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0074% | 1h | 740.48 | +0.068% | $423K | $128K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 740.26 | +0.039% | $3.4M | $393K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 739.88 | −0.013% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 740.41 | +0.059% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERPlong | +0.0104% | 1h | 739.97 | long leg | $92K | $1K | 10x | |
| Nado QQQ-PERP | +0.0149% | 1h | 740.44 | +0.063% | $1.6M | $749K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0181% | 8h | 740.38 | +0.055% | $314K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0248% | 1h | 740.16 | +0.025% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0760% | 4h | 740.19 | +0.029% | $757K | $336K | 20x | as long as short |
RISEx QQQ/USDC
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQ
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Binance QQQUSDT
Deribit QQQ_USDC-PERPETUAL
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC