QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.26 per $10,000 · paid last 24h +0.004%

Price spread now: Orderly against Binance−0.034%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. Orderly is 0.034% cheaper against Binance than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance QQQUSDT	744.31	0.0074	pay 0.0074% / 8h	7h 31m	$71.1M	$152.0M	25x
Short	Orderly PERP_QQQ_USDC_mythos	744.06	0.0100	get 0.0100% / 8h	7h 31m	$12K	$21K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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 BinancebpFee OrderlybpOrdersPrice spread, now −0.034%Rate

Funding earned: $5.37
Price spread: −0.034% → 0.000%: −$3.37
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$14
Costs to cover: 0.160%
Break-even: 25.3 days

Slippage unknown: Binance: live order book, 11 min ago; Orderly: 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, 11 min ago	0.07 bp	5.1 bp −$5	5.4 bp −$54	9.5 bp −$945	26.6 bp −$13.3K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Ondo Perps QQQ-USD.P	−0.0366%	1h	742.76	−0.208%	$4.2M	$2.0M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0085% / S +0.0193%	1h	744.33	+0.002%	$25K	—	26x	as long as short
BloFin QQQ-USDT	−0.0025%	8h	744.01	−0.040%	$1.1M	$318K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	743.98	−0.044%	$841K	$739K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	744.10	−0.028%	$21.5M	$25.0M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	743.99	−0.043%	$3.2M	$27.5M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.77	+0.062%	$1K	$2.2M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	744.40	+0.012%	$257K	$29K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	744.46	+0.020%	$362K	$1.4M	10x	as long as short
Bybit QQQUSDT	+0.0001%	8h	744.38	+0.009%	$10.7M	$4.9M	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	744.08	−0.031%	$7.6M	$18.2M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.53	+0.029%	$37.3M	$79.9M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.47	−0.113%	$747K	$1.5M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	744.82	+0.068%	—	$306K	50x	as long as short
Variational Omni QQQ	+0.0046%	8h	744.16	−0.020%	$17.1M	$9.8M	—	as long as short
Coinbase International QQQ-PERP-INTX	+0.0064%	1h	743.73	−0.078%	$1.2M	$547K	20x	as long as short
Binance QQQUSDTlong	+0.0074%	8h	744.31	long leg	$71.1M	$152.0M	25x
KuCoin QQQUSDTM	+0.0100%	8h	743.94	−0.050%	$3.4M	$411K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	743.83	−0.065%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythosshort	+0.0100%	8h	744.06	−0.034%	$12K	$21K	20x
Aevo QQQ-PERP	+0.0104%	1h	743.50	−0.109%	$93K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0110%	1h	743.78	−0.072%	$1.5M	$1.2M	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0113%	1h	744.13	−0.024%	$425K	$147K	20x	as long as short
Bitget QQQUSDT	+0.0173%	8h	744.22	−0.012%	$16.9M	$6.6M	20x	as long as short
RISEx QQQ/USDC	+0.0208%	1h	744.31	0.000%	$5.5M	$8.6M	25x	as long as short
Phoenix QQQ	+0.0258%	1h	743.83	−0.065%	$38K	$66K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0273%	8h	744.30	−0.001%	$316K	$1.8M	10x	as long as short
edgeX QQQUSDC	+0.0458%	4h	744.12	−0.025%	$761K	$336K	20x	as long as short