QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0153%/8h= +16.7% APRnext payment +$0.19 per $10,000 · paid last 24h +0.079%

Price spread now: RISEx against Arcus+0.104%7-day average +0.160% · 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−$21as in the Price arb table

costs, in and out, $10k−$160.158% of the position

Long on Arcus Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.162%+$16 on $10k

Price spread, last 7 days−0.011%−$1 · spread now +0.104%, 7d avg +0.160%

Together, before fees+0.152%+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.056% cheaper against Arcus than usual: you would sell low and buy high (spread +0.104% now, against its 7-day average of +0.160%). If the spread goes back, that is −$6 on $10k: about 29 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus QQQ-USD	742.70	0.0040	pay 0.0005% / 1h	40m 45s	$738K	$1.4M	25x
Short	RISEx QQQ/USDC	743.48	0.0193	get 0.0024% / 1h	40m 45s	$5.4M	$8.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.104%Rate

Funding earned: $32.06
Price spread: +0.104% → +0.160%: −$5.56
Slippage, 4 orders: −$5.28
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee RISEx: 3 bp × 2 orders: −$6
Net: $10.71
Costs to cover: 0.158%
Break-even: 4.7 days

Slippage from Arcus: live order book, 3 min ago; RISEx: live order book, 3 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	0.47 bp	3.6 bp −$4	3.8 bp −$38	11.8 bp −$1,176	doesn't fit
Sell RISEx live order book, 3 min ago	0.07 bp	3.2 bp −$3	3.5 bp −$35	doesn't fit	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
GMX QQQ/USD [ETH-USDC]	L −0.0071% / S +0.0182%	1h	743.39	+0.094%	$25K	—	26x	as long as short
BloFin QQQ-USDT	−0.0023%	8h	743.09	+0.053%	$1.0M	$469K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.20	+0.067%	$21.6M	$27.8M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	742.83	+0.018%	$3.1M	$32.8M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	743.80	+0.148%	$2K	$2.3M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.15	+0.061%	$257K	$26K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	743.96	+0.170%	$360K	$1.4M	10x	as long as short
Aster QQQUSDT	+0.0001%	8h	743.35	+0.088%	$841K	$783K	20x	as long as short
Arcus QQQ-USDlong	+0.0040%	1h	742.70	long leg	$738K	$1.4M	25x
Vest QQQ-USD-PERP	+0.0046%	1h	743.82	+0.151%	—	$621K	50x	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	+0.0048%	1h	743.57	+0.117%	$37.6M	$79.2M	50x	as long as short
Variational Omni QQQ	+0.0049%	8h	743.31	+0.082%	$17.6M	$10.3M	—	as long as short
Ondo Perps QQQ-USD.P	+0.0050%	1h	742.20	−0.067%	$4.2M	$2.1M	20x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0072%	1h	742.80	+0.013%	$1.2M	$866K	20x	as long as short
Binance QQQUSDT	+0.0080%	8h	743.36	+0.089%	$71.0M	$160.6M	25x	as long as short
Lighter QQQ	+0.0080%	1h	743.23	+0.071%	$7.6M	$20.9M	30x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	742.93	+0.031%	$3.4M	$423K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	742.92	+0.030%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	743.10	+0.054%	$12K	$21K	20x	as long as short
Bybit QQQUSDT	+0.0100%	8h	743.44	+0.100%	$10.7M	$5.2M	50x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	742.63	−0.009%	$92K	$1K	10x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0113%	1h	743.07	+0.050%	$424K	$173K	20x	as long as short
Nado QQQ-PERP	+0.0180%	1h	742.75	+0.007%	$1.5M	$1.3M	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0192%	8h	743.56	+0.116%	$323K	$1.8M	10x	as long as short
RISEx QQQ/USDCshort	+0.0193%	1h	743.48	+0.104%	$5.4M	$8.9M	25x
Bitget QQQUSDT	+0.0193%	8h	743.39	+0.093%	$16.9M	$7.1M	20x	as long as short
Phoenix QQQ	+0.0194%	1h	743.04	+0.046%	$38K	$73K	20x	as long as short
edgeX QQQUSDC	+0.0269%	4h	743.44	+0.100%	$760K	$338K	20x	as long as short