Funding you earn now, next payment 00:00 UTC+0.0174%/8h= +19.0% APRnext payment +$1.74 per $10,000 · paid last 24h −0.015%
Price spread now: Bitget against BloFin+0.027%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.260% of the position
Funding, last 7 days+0.254%+$25 on $10k
+Price spread, last 3 days (all we have)−0.056%−$6 · spread now +0.027%, 7d avg +0.041%
=The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin QQQ-USDT | 743.09 | 0.0012 | pay 0.0012% / 8h | 26m 59s | $1.1M | $469K | 20x |
| Short | Bitget QQQUSDT | 743.29 | 0.0186 | get 0.0186% / 8h | 26m 59s | $16.9M | $7.0M | 20x |
BloFin QQQ-USDT
Bitget QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- $36.52
- Price spread: +0.027% → +0.041%
- −$1.37
- Slippage, 4 orders
- −$1.97
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $9.19
- Costs to cover
- 0.260%
- Break-even
- 5.2 days
Slippage from BloFin: live order book, 5 min ago; Bitget: live order book, 2 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 BloFin live order book, 5 min ago | 0.07 bp | 6.7 bp −$7 | 8.0 bp −$80 | 10.7 bp −$1,070 | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.07 bp | 6.5 bp −$7 | 8.3 bp −$83 | 12.9 bp −$1,293 | 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 −0.0074% / S +0.0184% | 1h | 743.29 | +0.028% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.36 | +0.036% | $845K | $783K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.13 | +0.005% | $21.6M | $27.8M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.99 | −0.013% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.76 | +0.090% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.15 | +0.008% | $257K | $25K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.88 | +0.106% | $360K | $1.4M | 10x | as long as short |
| BloFin QQQ-USDTlong | +0.0012% | 8h | 743.09 | long leg | $1.1M | $469K | 20x | |
| Ondo Perps QQQ-USD.P | +0.0026% | 1h | 742.06 | −0.139% | $4.2M | $2.0M | 20x | as long as short |
| Lighter RH QQQ | +0.0040% | 1h | 743.54 | +0.061% | $37.5M | $79.9M | 50x | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Ondo Perps QQQ-USD.P
Lighter RH QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0040% | 1h | 742.58 | −0.069% | $694K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.79 | +0.094% | — | $621K | 50x | as long as short |
| Variational Omni QQQ | +0.0048% | 8h | 743.27 | +0.024% | $17.6M | $10.3M | — | as long as short |
| Lighter QQQ | +0.0072% | 1h | 743.22 | +0.017% | $7.6M | $20.9M | 30x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.85 | −0.032% | $1.2M | $865K | 20x | as long as short |
| Binance QQQUSDT | +0.0077% | 8h | 743.35 | +0.035% | $71.0M | $160.5M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.84 | −0.034% | $3.4M | $419K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.89 | −0.027% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.01 | −0.011% | $12K | $21K | 20x | as long as short |
| Bybit QQQUSDT | +0.0103% | 8h | 743.27 | +0.024% | $10.7M | $5.2M | 50x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.58 | −0.069% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0179% | 1h | 742.83 | −0.035% | $1.5M | $1.3M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0181% | 1h | 743.10 | +0.001% | $424K | $164K | 20x | as long as short |
| Bitget QQQUSDTshort | +0.0186% | 8h | 743.29 | +0.027% | $16.9M | $7.0M | 20x | |
| GRVT QQQ_USDT_Perp | +0.0191% | 8h | 743.46 | +0.050% | $323K | $1.8M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.44 | +0.047% | $5.4M | $8.9M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 742.97 | −0.016% | $38K | $73K | 20x | as long as short |
| edgeX QQQUSDC | +0.0408% | 4h | 743.26 | +0.023% | $760K | $334K | 20x | as long as short |
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Lighter QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Bybit QQQUSDT
Aevo QQQ-PERP
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Phoenix QQQ
edgeX QQQUSDC