QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.56 per $10,000 · paid last 24h +0.012%

Price spread now: Binance against Bybit−0.012%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$250.245% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.072%−$7 on $10k

Price spread, last 7 days+0.020%+$2 · spread now −0.012%, 7d avg −0.007%

Together, before fees−0.052%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit QQQUSDT	744.49	0	get 0.0000% / 8h	5h 12m	$10.7M	$5.0M	50x
Short	Binance QQQUSDT	744.40	0.0056	get 0.0056% / 8h	5h 12m	$71.2M	$143.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BinancebpOrdersPrice spread, now −0.012%Rate

Funding earned: $11.75
Price spread: −0.012% → −0.007%: −$0.48
Slippage, 4 orders: −$3.52
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$13.25
Costs to cover: 0.245%
Break-even: 14.9 days

Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 1 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 Bybit live order book, 1 min ago	0.07 bp	7.5 bp −$7	12.7 bp −$127	75.0 bp −$7,503	doesn't fit
Sell Binance live order book, 1 min ago	0.07 bp	5.1 bp −$5	5.5 bp −$55	10.0 bp −$998	26.4 bp −$13.2K

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 −0.0114% / S +0.0216%	1h	744.39	−0.013%	$25K	—	26x	as long as short
Ondo Perps QQQ-USD.P	−0.0068%	1h	743.44	−0.141%	$4.2M	$1.8M	20x	as long as short
Aster QQQUSDT	0.0000%	8h	744.39	−0.014%	$841K	$714K	20x	as long as short
Bybit QQQUSDTlong	0.0000%	8h	744.49	long leg	$10.7M	$5.0M	50x
OKX QQQ-USDT-SWAP	0.0000%	8h	744.24	−0.034%	$21.5M	$26.9M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	744.50	+0.002%	$5.4M	$7.5M	25x	as long as short
Gate QQQ_USDT	0.0000%	8h	744.03	−0.062%	$3.3M	$21.2M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	744.50	+0.001%	$16.9M	$5.7M	20x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.90	+0.055%	$2K	$1.9M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	744.53	+0.005%	$257K	$29K	30x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex QQQUSDT	0.0000%	8h	744.97	+0.064%	$363K	$1.5M	10x	as long as short
Variational Omni QQQ	+0.0026%	8h	744.39	−0.013%	$17.1M	$7.5M	—	as long as short
BloFin QQQ-USDT	+0.0029%	8h	744.33	−0.021%	$1.1M	$293K	20x	as long as short
Lighter QQQ	+0.0032%	1h	744.20	−0.039%	$7.7M	$17.2M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.64	+0.020%	$37.1M	$80.2M	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0032%	1h	743.97	−0.070%	$1.2M	$536K	20x	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.55	−0.126%	$695K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	745.39	+0.121%	—	$337K	50x	as long as short
Binance QQQUSDTshort	+0.0056%	8h	744.40	−0.012%	$71.2M	$143.1M	25x
Nado QQQ-PERP	+0.0082%	1h	744.04	−0.060%	$1.5M	$899K	20x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	744.08	−0.055%	$3.4M	$406K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	744.11	−0.051%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	744.16	−0.044%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.56	−0.125%	$93K	$1K	10x	as long as short
GRVT QQQ_USDT_Perp	+0.0131%	8h	744.59	+0.013%	$322K	$1.9M	10x	as long as short
Phoenix QQQ	+0.0161%	1h	744.10	−0.052%	$38K	$66K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0167%	1h	744.23	−0.035%	$425K	$149K	20x	as long as short
edgeX QQQUSDC	+0.0714%	4h	744.32	−0.023%	$761K	$336K	20x	as long as short