QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.32 per $10,000 · paid last 24h +0.004%

Price spread now: KuCoin against Binance−0.052%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$440.442% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.235%+$23 on $10k

Price spread, last 2 days (all we have)−0.016%−$2 · spread now −0.052%, 7d avg −0.054%

Together, before fees+0.219%+$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.054%, 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	Binance QQQUSDT	743.96	0.0068	pay 0.0068% / 8h	7h 52m	$71.0M	$155.8M	25x
Short	KuCoin QQQUSDTM	743.57	0.0100	get 0.0100% / 8h	7h 52m	$3.4M	$413K	20x

Funding history

latest

Range statsloading…

KuCoin against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.052%Rate

Slippage from Binance: live order book, 6 min ago; KuCoin: live order book, 5 min ago.

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, 6 min ago	0.07 bp	5.1 bp −$5	6.2 bp −$62	12.3 bp −$1,225	31.4 bp −$15.7K
Sell KuCoin live order book, 5 min ago	1.82 bp	23.4 bp −$23	137.1 bp −$1,371	doesn't fit	doesn't fit

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	−0.0358%	1h	742.38	−0.212%	$4.2M	$2.0M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0081% / S +0.0190%	1h	743.97	+0.001%	$25K	—	26x	as long as short
BloFin QQQ-USDT	−0.0022%	8h	743.81	−0.020%	$1.0M	$318K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	743.54	−0.057%	$841K	$757K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.81	−0.020%	$21.5M	$25.4M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	743.55	−0.055%	$3.1M	$26.2M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.43	+0.063%	$2K	$2.3M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.14	−0.110%	$257K	$28K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	744.36	+0.054%	$362K	$1.4M	10x	as long as short
Bybit QQQUSDT	+0.0018%	8h	744.04	+0.011%	$10.7M	$4.8M	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QQQ	+0.0032%	1h	743.77	−0.025%	$7.6M	$18.1M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.08	+0.016%	$37.4M	$78.6M	50x	as long as short
Variational Omni QQQ	+0.0040%	8h	743.83	−0.017%	$17.1M	$10.8M	—	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.08	−0.118%	$746K	$1.5M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	744.49	+0.071%	—	$388K	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0064%	1h	743.51	−0.060%	$1.2M	$624K	20x	as long as short
Binance QQQUSDTlong	+0.0068%	8h	743.96	long leg	$71.0M	$155.8M	25x
KuCoin QQQUSDTMshort	+0.0100%	8h	743.57	−0.052%	$3.4M	$413K	20x
ApeX Omni QQQUSDT	+0.0100%	1h	743.44	−0.070%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	743.64	−0.043%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.28	−0.092%	$93K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0112%	1h	743.55	−0.055%	$1.5M	$1.2M	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0116%	8h	743.95	−0.001%	$316K	$1.8M	10x	as long as short
Bitget QQQUSDT	+0.0171%	8h	744.00	+0.005%	$16.9M	$6.6M	20x	as long as short
RISEx QQQ/USDC	+0.0208%	1h	743.94	−0.003%	$5.6M	$9.0M	25x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0221%	1h	743.75	−0.028%	$425K	$147K	20x	as long as short
Phoenix QQQ	+0.0258%	1h	743.43	−0.071%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0662%	4h	743.73	−0.030%	$760K	$335K	20x	as long as short