QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0265%/8h= −29.0% APRnext payment −$0.33 per $10,000 · paid last 24h −0.035%

Price spread now: GMX against Arcus+0.071%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on GMX

What this pair did over the last

the charts below follow

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 pays, funding is against you. GMX is 0.071% dearer against Arcus than usual: you sell high and buy low (spread +0.071% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus QQQ-USD	743.83	0.0040	pay 0.0005% / 1h	17m 54s	$698K	$1.6M	25x
Short	GMX QQQ/USD [ETH-USDC]	744.36	L −0.0125% / S +0.0225%	pay 0.0028% / 1h	17m 54s	$25K	—	26x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ArcusbpFee GMXbpOrdersPrice spread, now +0.071%Rate

Funding earned: −$55.63
Price spread: +0.071% → 0.000%: $7.06
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee GMX: 6 bp × 2 orders: −$12
Net: −$65.07
Costs to cover: 0.165%
Break-even: never at this rate

Slippage unknown: Arcus: live order book, 1 min ago; GMX: no order-book sample. 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 Arcus live order book, 1 min ago	1.08 bp	3.7 bp −$4	6.5 bp −$65	21.1 bp −$2,111	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
Ondo Perps QQQ-USD.P	−0.0150%	1h	743.39	−0.059%	$4.2M	$1.8M	20x	as long as short
GMX QQQ/USD [ETH-USDC]short	L −0.0125% / S +0.0225%	1h	744.36	+0.071%	$25K	—	26x
BloFin QQQ-USDT	−0.0015%	8h	744.22	+0.052%	$1.1M	$261K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	744.40	+0.076%	$841K	$714K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	744.41	+0.078%	$10.7M	$5.0M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	744.16	+0.044%	$21.5M	$26.9M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	744.46	+0.085%	$5.4M	$7.4M	25x	as long as short
Gate QQQ_USDT	0.0000%	8h	743.83	0.000%	$3.3M	$20.8M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	744.55	+0.097%	$16.9M	$5.7M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	744.50	+0.090%	$17.1M	$7.4M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX QQQ-USDT	0.0000%	8h	744.80	+0.130%	$1K	$1.9M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	744.93	+0.148%	$257K	$29K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	744.68	+0.114%	$360K	$1.5M	10x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0008%	1h	743.80	−0.004%	$1.2M	$537K	20x	as long as short
Binance QQQUSDT	+0.0029%	8h	744.38	+0.074%	$71.0M	$141.5M	25x	as long as short
Lighter QQQ	+0.0032%	1h	744.24	+0.055%	$7.7M	$16.4M	30x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0032%	1h	744.10	+0.036%	$425K	$150K	20x	as long as short
Arcus QQQ-USDlong	+0.0040%	1h	743.83	long leg	$698K	$1.6M	25x
Vest QQQ-USD-PERP	+0.0046%	1h	745.38	+0.208%	—	$337K	50x	as long as short
Lighter RH QQQ	+0.0048%	1h	744.68	+0.114%	$37.0M	$79.6M	50x	as long as short
Nado QQQ-PERP	+0.0091%	1h	744.12	+0.039%	$1.5M	$869K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0099%	8h	744.70	+0.116%	$324K	$1.9M	10x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	744.08	+0.034%	$3.4M	$362K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	744.25	+0.056%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	744.10	+0.036%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.57	−0.035%	$93K	$1K	10x	as long as short
Phoenix QQQ	+0.0129%	1h	744.15	+0.043%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0230%	4h	744.39	+0.075%	$761K	$334K	20x	as long as short