Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against Aster−0.035%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$330.328% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.035%, 7d avg −0.030%
=Together, before fees+0.190%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster QQQUSDT | 744.35 | 0 | get 0.0000% / 8h | 4h 16m | $841K | $714K | 20x |
| Short | KuCoin QQQUSDTM | 744.09 | 0.0100 | get 0.0100% / 8h | 4h 16m | $3.4M | $362K | 20x |
Aster QQQUSDT
KuCoin QQQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Aster. 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
- Price spread: −0.035% → −0.030%
- −$0.52
- Slippage, 4 orders
- −$12.83
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$12.35
- Costs to cover
- 0.328%
- Break-even
- 11.1 days
Slippage from Aster: live order book, 41 min ago; KuCoin: live order book, 6 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 Aster live order book, 41 min ago | 0.81 bp | 4.8 bp −$5 | 6.1 bp −$61 | 28.6 bp −$2,859 | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.21 bp | 13.7 bp −$14 | 120.4 bp −$1,204 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0146% | 1h | 743.30 | −0.141% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0126% / S +0.0225% | 1h | 744.38 | +0.005% | $25K | — | 26x | as long as short |
| Aster QQQUSDTlong | 0.0000% | 8h | 744.35 | long leg | $841K | $714K | 20x | |
| Bybit QQQUSDT | 0.0000% | 8h | 744.41 | +0.008% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.21 | −0.019% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.52 | +0.023% | $5.4M | $7.4M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.86 | −0.066% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.55 | +0.027% | $16.9M | $5.7M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 744.50 | +0.020% | $17.1M | $7.4M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.83 | +0.064% | $1K | $1.9M | 10x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 744.02 | −0.044% | $425K | $150K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.65 | +0.040% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.68 | +0.044% | $360K | $1.5M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0001% | 8h | 744.22 | −0.018% | $1.1M | $261K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.80 | −0.074% | $1.2M | $537K | 20x | as long as short |
| Binance QQQUSDT | +0.0028% | 8h | 744.43 | +0.011% | $71.0M | $141.5M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.23 | −0.016% | $7.7M | $16.4M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.76 | −0.079% | $698K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.39 | +0.140% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.67 | +0.043% | $37.0M | $79.6M | 50x | as long as short |
| Nado QQQ-PERP | +0.0091% | 1h | 744.03 | −0.044% | $1.5M | $855K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0096% | 8h | 744.56 | +0.028% | $324K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 744.09 | −0.035% | $3.4M | $362K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.11 | −0.032% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.09 | −0.035% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.54 | −0.109% | $93K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 743.94 | −0.055% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0250% | 4h | 744.36 | +0.001% | $761K | $335K | 20x | as long as short |
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter RH QQQ
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC