Funding you earn now, next payment 12:00 UTC+0.0553%/8h= +60.6% APRpaid last 24h +0.074%
Price spread now: edgeX against Bitget−0.026%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$300.304% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.026%, 7d avg −0.048%
=Together, before fees+0.014%+ Points / potential airdropedgeX: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and edgeX is 0.022% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.048%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget QQQUSDT | 741.02 | 0 | get 0.0000% / 8h | 7h 45m | $16.5M | $5.2M | 20x |
| Short | edgeX QQQUSDC | 740.83 | 0.0553 | get 0.0277% / 4h | 3h 45m | $757K | $336K | 20x |
Bitget QQQUSDT
edgeX QQQUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bitget. 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
- $116.14
- Price spread: −0.026% → −0.048%
- $2.22
- Slippage, 4 orders
- −$9.39
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $87.97
- Costs to cover
- 0.304%
- Break-even
- 1.7 days
Slippage from Bitget: live order book, 3 min ago; edgeX: live order book, 53 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 | 6.5 bp −$6 | 9.2 bp −$92 | 15.4 bp −$1,538 | doesn't fit |
| Sell edgeX live order book, 53 min ago | 4.11 bp | 8.7 bp −$9 | 9.7 bp −$97 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0182% / S +0.0269% | 1h | 740.89 | −0.017% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0007% | 8h | 740.64 | −0.051% | $1.1M | $274K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 740.97 | −0.007% | $823K | $865K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 740.63 | −0.053% | $21.6M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 740.69 | −0.045% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 740.30 | −0.097% | $3.4M | $20.6M | 50x | as long as short |
| Bitget QQQUSDTlong | 0.0000% | 8h | 741.02 | long leg | $16.5M | $5.2M | 20x | |
| Variational Omni QQQ | 0.0000% | 8h | 740.75 | −0.036% | $16.8M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 741.30 | +0.038% | $1K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.22 | +0.027% | $250K | $41K | 30x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Variational Omni QQQ
SunX QQQ-USDT
HTX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 741.21 | +0.026% | $364K | $1.6M | 10x | as long as short |
| Bybit QQQUSDT | +0.0008% | 8h | 741.01 | −0.001% | $10.7M | $4.9M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0024% | 1h | 740.22 | −0.108% | $1.2M | $490K | 20x | as long as short |
| Binance QQQUSDT | +0.0029% | 8h | 740.95 | −0.010% | $70.2M | $139.8M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 740.63 | −0.053% | $7.7M | $15.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.02 | 0.000% | $37.5M | $79.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.00 | −0.138% | $646K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 741.84 | +0.111% | — | $337K | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 739.76 | −0.170% | $4.2M | $1.8M | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 740.51 | −0.069% | $3.4M | $372K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 740.43 | −0.080% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 740.61 | −0.055% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 740.09 | −0.126% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0128% | 1h | 740.59 | −0.058% | $423K | $157K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0142% | 8h | 741.04 | +0.003% | $326K | $2.0M | 10x | as long as short |
| Nado QQQ-PERP | +0.0150% | 1h | 740.46 | −0.075% | $1.6M | $744K | 20x | as long as short |
| Phoenix QQQ | +0.0248% | 1h | 740.42 | −0.081% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDCshort | +0.0553% | 4h | 740.83 | −0.026% | $757K | $336K | 20x |
Phemex QQQUSDT
Bybit QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Ondo Perps QQQ-USD.P
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
Phoenix QQQ