Funding you earn now, next payment 02:00 UTC−0.0015%/8h= −1.6% APRpaid last 24h +0.017%
Price spread now: BloFin against Arcus+0.130%455s7-day average +0.134% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$240.235% of the position
Funding, last 3 days (all we have)−0.072%−$7 on $10k
+Price spread, last 3 days (all we have)+0.019%+$2 · spread now +0.130%, 7d avg +0.134%
=The price spread sits at its 7-day average of +0.134%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 455 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus QQQ-USD | 743.34 | 0.0040 | pay 0.0005% / 1h | 41m 16s | $747K | $1.6M | 25x |
| Short | BloFin QQQ-USDT | 744.31 | 0.0026 | get 0.0026% / 8h | 6h 41m | $1.1M | $319K | 20x |
Arcus QQQ-USD
BloFin QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Arcus. 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
- −$3.09
- Price spread: +0.130% → +0.134%
- −$0.35
- Slippage, 4 orders
- −$7.03
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$26.96
- Costs to cover
- 0.235%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 3 min ago; BloFin: live order book, 11 min ago.
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 Arcus live order book, 3 min ago | 0.54 bp | 5.0 bp −$5 | 8.3 bp −$83 | 26.4 bp −$2,640 | doesn't fit |
| Sell BloFin live order book, 11 min ago | 0.07 bp | 6.1 bp −$6 | 7.3 bp −$73 | 11.6 bp −$1,156 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0178% | 1h | 743.00 | −0.046% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0096% / S +0.0202% | 1h | 744.15 | +0.110% | $25K | — | 26x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.13 | +0.106% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.90 | +0.075% | $21.5M | $25.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.89 | +0.074% | $3.2M | $21.2M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.66 | +0.178% | $2K | $2.1M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.83 | +0.066% | $425K | $148K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.32 | +0.132% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.26 | +0.124% | $360K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0013% | 8h | 744.16 | +0.110% | $841K | $712K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QQQ-USDTshort | +0.0026% | 8h | 744.31 | +0.130% | $1.1M | $319K | 20x | |
| Lighter QQQ | +0.0032% | 1h | 743.90 | +0.075% | $7.7M | $17.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.32 | +0.132% | $37.4M | $79.5M | 50x | as long as short |
| Arcus QQQ-USDlong | +0.0040% | 1h | 743.34 | long leg | $747K | $1.6M | 25x | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.12 | +0.239% | — | $356K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 744.05 | +0.096% | $1.2M | $538K | 20x | as long as short |
| Variational Omni QQQ | +0.0065% | 8h | 744.04 | +0.094% | $17.1M | $7.6M | — | as long as short |
| Binance QQQUSDT | +0.0090% | 8h | 744.15 | +0.109% | $71.1M | $147.4M | 25x | as long as short |
| Bitget QQQUSDT | +0.0090% | 8h | 744.18 | +0.113% | $16.9M | $5.9M | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.88 | +0.073% | $3.4M | $406K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.76 | +0.057% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.87 | +0.071% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.41 | +0.009% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0121% | 1h | 743.79 | +0.061% | $1.5M | $1.0M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.15 | +0.109% | $5.4M | $8.2M | 25x | as long as short |
| Phoenix QQQ | +0.0183% | 1h | 743.78 | +0.059% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0257% | 8h | 744.49 | +0.154% | $319K | $1.8M | 10x | as long as short |
| edgeX QQQUSDC | +0.0480% | 4h | 744.13 | +0.106% | $761K | $333K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Binance QQQUSDT
Bitget QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC