Funding you earn now, next payment 03:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.010%
Price spread now: SunX against Arcus+0.191%7-day average +0.190% · 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−$72as in the Price arb table
costs, in and out, $10k−$720.724% of the position
Funding, last 4 days (all we have)−0.031%−$3 on $10k
+Price spread, last 3 days (all we have)−0.015%−$1 · spread now +0.191%, 7d avg +0.190%
=The price spread sits at its 7-day average of +0.190%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus QQQ-USD | 743.51 | 0.0040 | pay 0.0005% / 1h | 53m 05s | $705K | $1.6M | 25x |
| Short | SunX QQQ-USDT | 744.93 | 0 | get 0.0000% / 8h | 5h 53m | $2K | $2.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$8.46
- Price spread: +0.191% → +0.190%
- $0.1
- Slippage, 4 orders
- −$59.87
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$80.73
- Costs to cover
- 0.724%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 1 min ago; SunX: live order book, 13 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, 1 min ago | 0.07 bp | 4.5 bp −$5 | 8.4 bp −$84 | 27.6 bp −$2,762 | doesn't fit |
| Sell SunX live order book, 13 min ago | 11.06 bp | 48.2 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
QQQ on 27 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 −0.0106% / S +0.0209% | 1h | 744.38 | +0.118% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.40 | +0.120% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.41 | +0.121% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.36 | +0.114% | $21.7M | $26.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.46 | +0.128% | $5.4M | $7.8M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.07 | +0.075% | $3.3M | $20.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.46 | +0.128% | $16.9M | $5.8M | 20x | as long as short |
| SunX QQQ-USDTshort | 0.0000% | 8h | 744.93 | +0.191% | $2K | $2.0M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 744.68 | +0.157% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.65 | +0.153% | $359K | $1.4M | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | +0.0016% | 1h | 743.51 | 0.000% | $4.2M | $1.9M | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.16 | +0.087% | $7.7M | $17.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.59 | +0.145% | $37.3M | $78.4M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.88 | +0.050% | $1.2M | $532K | 20x | as long as short |
| Arcus QQQ-USDlong | +0.0040% | 1h | 743.51 | long leg | $705K | $1.6M | 25x | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.36 | +0.249% | — | $337K | 50x | as long as short |
| Variational Omni QQQ | +0.0052% | 8h | 744.38 | +0.117% | $17.1M | $7.5M | — | as long as short |
| Binance QQQUSDT | +0.0076% | 8h | 744.39 | +0.119% | $71.2M | $144.6M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.06 | +0.074% | $3.4M | $414K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.08 | +0.077% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.09 | +0.078% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.63 | +0.016% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0113% | 1h | 743.99 | +0.064% | $1.5M | $923K | 20x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 744.04 | +0.071% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0172% | 8h | 744.62 | +0.149% | $322K | $1.9M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0207% | 1h | 744.21 | +0.094% | $425K | $149K | 20x | as long as short |
| edgeX QQQUSDC | +0.0521% | 4h | 744.38 | +0.117% | $761K | $334K | 20x | as long as short |
SunX QQQ-USDT
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Phoenix QQQ
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC