Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.010%
Price spread now: KuCoin against Bitget−0.067%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$430.426% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 7 days−0.058%−$6 · spread now −0.067%, 7d avg −0.078%
=The price spread sits at its 7-day average of −0.078%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget QQQUSDT | 742.13 | 0 | get 0.0000% / 8h | 1h 02m | $16.6M | $5.5M | 20x |
| Short | KuCoin QQQUSDTM | 741.63 | 0.0100 | get 0.0100% / 8h | 1h 02m | $3.4M | $356K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.067% → −0.078%
- $1.08
- Slippage, 4 orders
- −$18.63
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$20.55
- Costs to cover
- 0.426%
- Break-even
- 13.9 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 5 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, 1 min ago | 0.07 bp | 6.6 bp −$7 | 9.0 bp −$90 | 13.5 bp −$1,352 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 1.75 bp | 20.1 bp −$20 | 126.7 bp −$1,267 | 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 −0.0166% / S +0.0256% | 1h | 742.10 | −0.005% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0059% | 8h | 741.37 | −0.102% | $3.4M | $21.6M | 50x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0024% | 1h | 740.51 | −0.218% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.01 | −0.017% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.86 | −0.036% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.82 | −0.042% | $21.4M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.76 | −0.050% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDTlong | 0.0000% | 8h | 742.13 | long leg | $16.6M | $5.5M | 20x | |
| Variational Omni QQQ | 0.0000% | 8h | 741.89 | −0.033% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.84 | +0.096% | $2K | $1.8M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 741.73 | −0.054% | $424K | $155K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.18 | +0.007% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.37 | +0.032% | $362K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0003% | 8h | 742.04 | −0.012% | $70.0M | $143.9M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0014% | 8h | 741.63 | −0.067% | $1.1M | $271K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.37 | −0.102% | $1.2M | $489K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.82 | −0.042% | $7.7M | $15.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.16 | +0.004% | $37.1M | $81.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.10 | −0.139% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.96 | +0.112% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 741.63 | −0.067% | $3.4M | $356K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.40 | −0.098% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.75 | −0.051% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.29 | −0.113% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0118% | 1h | 741.55 | −0.078% | $1.6M | $764K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0119% | 8h | 742.00 | −0.017% | $314K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.67 | −0.062% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0298% | 4h | 741.83 | −0.040% | $758K | $336K | 20x | as long as short |
Bitget QQQUSDT
KuCoin QQQUSDTM
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Variational Omni QQQ
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC