Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.11 per $10,000 · paid last 24h −0.027%
Price spread now: SunX against BloFin+0.054%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$770.771% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.054%, 7d avg +0.057%
=The price spread sits at its 7-day average of +0.057%, so right now this pair is about funding alone: $0 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 | 743.11 | −0.0011 | get 0.0011% / 8h | 3h 18m | $1.1M | $246K | 20x |
| Short | SunX QQQ-USDT | 743.51 | 0 | get 0.0000% / 8h | 3h 18m | $2K | $1.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $2.25
- Price spread: +0.054% → +0.057%
- −$0.32
- Slippage, 4 orders
- −$57.13
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$75.2
- Costs to cover
- 0.771%
- Break-even
- 241.4 days
Slippage from BloFin: live order book, 3 min ago; SunX: live order book, 7 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, 3 min ago | 0.14 bp | 6.2 bp −$6 | 7.1 bp −$71 | 11.0 bp −$1,097 | doesn't fit |
| Sell SunX live order book, 7 min ago | 21.65 bp | 38.2 bp −$38 | doesn't fit | 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 −0.0138% / S +0.0234% | 1h | 743.14 | +0.005% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0030% | 1h | 741.97 | −0.153% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDTlong | −0.0011% | 8h | 743.11 | long leg | $1.1M | $246K | 20x | |
| Aster QQQUSDT | 0.0000% | 8h | 742.98 | −0.018% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.06 | −0.007% | $70.3M | $142.5M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.06 | −0.007% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.88 | −0.031% | $21.5M | $27.2M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.44 | −0.090% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.17 | +0.008% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.17 | +0.009% | $17.1M | $7.3M | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDTshort | 0.0000% | 8h | 743.51 | +0.054% | $2K | $1.9M | 10x | |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | −0.063% | $1.2M | $537K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.43 | +0.043% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.37 | +0.035% | $361K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.14 | +0.004% | $5.4M | $7.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.88 | −0.031% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.27 | +0.022% | $37.0M | $79.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.29 | −0.110% | $704K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.04 | +0.125% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0064% | 8h | 743.36 | +0.033% | $320K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0079% | 1h | 742.72 | −0.052% | $1.5M | $746K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.75 | −0.048% | $3.4M | $340K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.87 | −0.032% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.81 | −0.040% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.28 | −0.111% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.68 | −0.058% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0221% | 1h | 742.94 | −0.023% | $424K | $151K | 20x | as long as short |
| edgeX QQQUSDC | +0.0638% | 4h | 743.13 | +0.002% | $760K | $335K | 20x | as long as short |
BloFin QQQ-USDT
SunX QQQ-USDT
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
Lighter QQQ
Lighter RH QQQ
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC