QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0147%/8h= −16.1% APRnext payment −$1.47 per $10,000 · paid last 24h −0.099%

Price spread now: Binance against Bitget−0.001%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$240.240% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.147%−$15 on $10k

Price spread, last 2 days (all we have)−0.023%−$2 · spread now −0.001%, 7d avg −0.030%

Together, before fees−0.170%−$17 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.029% dearer against Bitget than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.030%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.147% in total) that is about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget QQQUSDT	741.98	0.0233	pay 0.0233% / 8h	2h 25m	$16.8M	$7.7M	20x
Short	Binance QQQUSDT	741.97	0.0086	get 0.0086% / 8h	2h 25m	$69.9M	$165.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.001%Rate

Funding earned: −$30.95
Price spread: −0.001% → −0.030%: $2.9
Slippage, 4 orders: −$2.04
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$52.08
Costs to cover: 0.240%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 3 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 Bitget live order book, 3 min ago	0.07 bp	6.2 bp −$6	8.4 bp −$84	12.3 bp −$1,230	doesn't fit
Sell Binance live order book, 3 min ago	0.07 bp	5.1 bp −$5	5.5 bp −$55	12.7 bp −$1,274	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
GMX QQQ/USD [ETH-USDC]	L −0.0056% / S +0.0170%	1h	742.01	+0.005%	$25K	—	26x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	741.83	−0.020%	$21.3M	$28.1M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	741.60	−0.051%	$3.1M	$33.2M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	742.48	+0.067%	$2K	$2.5M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	742.23	+0.034%	$256K	$32K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	742.45	+0.063%	$360K	$1.4M	10x	as long as short
Aster QQQUSDT	+0.0004%	8h	741.87	−0.015%	$840K	$780K	20x	as long as short
BloFin QQQ-USDT	+0.0023%	8h	741.82	−0.022%	$1.0M	$509K	20x	as long as short
Arcus QQQ-USD	+0.0025%	1h	741.28	−0.094%	$735K	$1.5M	25x	as long as short
Ondo Perps QQQ-USD.P	+0.0035%	1h	740.84	−0.154%	$4.2M	$2.2M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest QQQ-USD-PERP	+0.0046%	1h	742.50	+0.070%	—	$621K	50x	as long as short
Variational Omni QQQ	+0.0055%	8h	742.03	+0.007%	$17.2M	$10.6M	—	as long as short
Bybit QQQUSDT	+0.0061%	8h	742.14	+0.022%	$10.7M	$5.4M	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0064%	1h	741.44	−0.073%	$1.2M	$894K	20x	as long as short
Phoenix QQQ	+0.0076%	1h	741.50	−0.065%	$38K	$73K	20x	as long as short
Binance QQQUSDTshort	+0.0086%	8h	741.97	−0.001%	$69.9M	$165.5M	25x
KuCoin QQQUSDTM	+0.0100%	8h	741.47	−0.069%	$3.4M	$449K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	741.45	−0.071%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	741.19	−0.106%	$7K	$15K	20x	as long as short
Lighter QQQ	+0.0104%	1h	741.87	−0.015%	$7.9M	$21.6M	30x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	741.35	−0.085%	$92K	$1K	10x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0128%	1h	741.82	−0.022%	$424K	$304K	20x	as long as short
Lighter RH QQQ	+0.0128%	1h	742.22	+0.032%	$37.9M	$82.7M	50x	as long as short
GRVT QQQ_USDT_Perp	+0.0170%	8h	742.14	+0.021%	$316K	$1.7M	10x	as long as short
RISEx QQQ/USDC	+0.0212%	1h	742.06	+0.011%	$5.3M	$9.2M	25x	as long as short
Bitget QQQUSDTlong	+0.0233%	8h	741.98	long leg	$16.8M	$7.7M	20x
Nado QQQ-PERP	+0.0248%	1h	741.48	−0.068%	$1.5M	$1.4M	20x	as long as short
edgeX QQQUSDC	+0.0856%	4h	742.03	+0.006%	$759K	$335K	20x	as long as short