Funding you earn now, next payment 08:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.86 per $10,000 · paid last 24h −0.040%
Price spread now: HTX against Bitget+0.022%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$300.302% of the position
Funding, last 7 days−0.119%−$12 on $10k
+Price spread, last 3 days (all we have)−0.037%−$4 · spread now +0.022%, 7d avg −0.011%
=The price spread pays, funding is against you. HTX is 0.032% dearer against Bitget than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.011%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget QQQUSDT | 744.16 | 0.0086 | pay 0.0086% / 8h | 6h 40m | $16.9M | $5.9M | 20x |
| Short | HTX QQQ-USDT | 744.32 | 0 | get 0.0000% / 8h | 6h 40m | $257K | $29K | 30x |
Bitget QQQUSDT
HTX QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$18.06
- Price spread: +0.022% → −0.011%
- $3.2
- Slippage, 4 orders
- −$6.16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$45.01
- Costs to cover
- 0.302%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; HTX: live order book, 26 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 | 8.6 bp −$86 | 14.3 bp −$1,431 | doesn't fit |
| Sell HTX live order book, 26 min ago | 2.68 bp | 8.7 bp −$9 | 15.4 bp −$154 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0174% | 1h | 743.00 | −0.156% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0096% / S +0.0202% | 1h | 744.15 | −0.001% | $25K | — | 26x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.04 | −0.016% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.90 | −0.035% | $21.5M | $25.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.87 | −0.039% | $3.2M | $21.2M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.66 | +0.067% | $2K | $2.1M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.83 | −0.044% | $425K | $148K | 20x | as long as short |
| HTX QQQ-USDTshort | 0.0000% | 8h | 744.32 | +0.022% | $257K | $29K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 744.26 | +0.013% | $360K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0012% | 8h | 744.12 | −0.006% | $841K | $712K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
Phemex QQQUSDT
Aster QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QQQ-USDT | +0.0026% | 8h | 744.31 | +0.020% | $1.1M | $319K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.87 | −0.039% | $7.7M | $17.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.35 | +0.026% | $37.3M | $79.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.25 | −0.122% | $704K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.12 | +0.129% | — | $356K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 744.05 | −0.015% | $1.2M | $538K | 20x | as long as short |
| Variational Omni QQQ | +0.0065% | 8h | 744.04 | −0.016% | $17.1M | $7.6M | — | as long as short |
| Bitget QQQUSDTlong | +0.0086% | 8h | 744.16 | long leg | $16.9M | $5.9M | 20x | |
| Binance QQQUSDT | +0.0089% | 8h | 744.08 | −0.011% | $71.1M | $147.4M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.88 | −0.038% | $3.4M | $406K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.76 | −0.054% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.87 | −0.039% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.41 | −0.101% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0120% | 1h | 743.78 | −0.051% | $1.5M | $1.0M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.13 | −0.005% | $5.4M | $8.2M | 25x | as long as short |
| Phoenix QQQ | +0.0183% | 1h | 743.78 | −0.051% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0257% | 8h | 744.49 | +0.044% | $319K | $1.8M | 10x | as long as short |
| edgeX QQQUSDC | +0.0480% | 4h | 744.13 | −0.004% | $761K | $333K | 20x | as long as short |
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC