Funding you earn now, next payment 22:00 UTC−0.0268%/8h= −29.4% APRpaid last 24h +0.051%
Price spread now: GMX against Binance+0.001%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance QQQUSDT | 742.04 | 0.0093 | pay 0.0093% / 8h | 2h 01m | $69.8M | $164.8M | 25x |
| Short | GMX QQQ/USD [ETH-USDC] | 742.04 | L −0.0062% / S +0.0175% | pay 0.0022% / 1h | 1m 18s | $25K | — | 26x |
Binance QQQUSDT
GMX QQQ/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Binance. 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
- −$56.37
- Price spread: +0.001% → 0.000%
- $0.07
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$78.3
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 12 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 Binance live order book, 12 min ago | 0.07 bp | 5.1 bp −$5 | 6.5 bp −$65 | 10.4 bp −$1,040 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC]short | L −0.0062% / S +0.0175% | 1h | 742.04 | +0.001% | $25K | — | 26x | |
| BloFin QQQ-USDT | −0.0018% | 8h | 741.86 | −0.024% | $1.0M | $509K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.79 | −0.034% | $21.3M | $28.1M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.75 | −0.039% | $3.1M | $33.3M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.56 | +0.070% | $1K | $2.4M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.30 | +0.035% | $256K | $32K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.44 | +0.054% | $359K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0013% | 8h | 741.87 | −0.023% | $840K | $780K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0020% | 1h | 741.84 | −0.027% | $424K | $304K | 20x | as long as short |
| Arcus QQQ-USD | +0.0025% | 1h | 741.37 | −0.090% | $735K | $1.5M | 25x | as long as short |
BloFin QQQ-USDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
Deribit QQQ_USDC-PERPETUAL
Arcus QQQ-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | +0.0038% | 1h | 741.31 | −0.098% | $4.2M | $2.2M | 20x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.47 | +0.058% | — | $621K | 50x | as long as short |
| Variational Omni QQQ | +0.0061% | 8h | 742.08 | +0.006% | $17.2M | $10.1M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 741.62 | −0.057% | $1.2M | $888K | 20x | as long as short |
| Phoenix QQQ | +0.0076% | 1h | 741.50 | −0.073% | $38K | $73K | 20x | as long as short |
| Bybit QQQUSDT | +0.0083% | 8h | 742.21 | +0.023% | $10.7M | $5.4M | 50x | as long as short |
| edgeX QQQUSDC | +0.0091% | 4h | 742.09 | +0.007% | $759K | $337K | 20x | as long as short |
| Binance QQQUSDTlong | +0.0093% | 8h | 742.04 | long leg | $69.8M | $164.8M | 25x | |
| Lighter QQQ | +0.0096% | 1h | 741.97 | −0.009% | $7.8M | $21.8M | 30x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.53 | −0.069% | $3.4M | $448K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.50 | −0.073% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.21 | −0.112% | $7K | $15K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.44 | −0.080% | $92K | $1K | 10x | as long as short |
| Lighter RH QQQ | +0.0112% | 1h | 742.28 | +0.032% | $37.6M | $83.6M | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0185% | 8h | 742.17 | +0.017% | $316K | $1.7M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0212% | 1h | 742.20 | +0.022% | $5.4M | $9.3M | 25x | as long as short |
| Bitget QQQUSDT | +0.0229% | 8h | 742.05 | +0.001% | $16.7M | $7.8M | 20x | as long as short |
| Nado QQQ-PERP | +0.0242% | 1h | 741.49 | −0.074% | $1.5M | $1.3M | 20x | as long as short |
Ondo Perps QQQ-USD.P
Vest QQQ-USD-PERP
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Phoenix QQQ
Bybit QQQUSDT
edgeX QQQUSDC
Lighter QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Lighter RH QQQ
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Bitget QQQUSDT
Nado QQQ-PERP