Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against Bybit−0.069%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$370.372% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now −0.069%, 7d avg −0.066%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QQQUSDT | 743.44 | 0.0100 | pay 0.0100% / 8h | 40m 41s | $10.7M | $5.2M | 50x |
| Short | KuCoin QQQUSDTM | 742.93 | 0.0100 | get 0.0100% / 8h | 40m 41s | $3.4M | $423K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- −$0.08
- Price spread: −0.069% → −0.066%
- −$0.22
- Slippage, 4 orders
- −$14.2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$37.49
- Costs to cover
- 0.372%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; KuCoin: 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 Bybit live order book, 3 min ago | 0.07 bp | 7.5 bp −$8 | 12.1 bp −$121 | 77.3 bp −$7,727 | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.29 bp | 13.1 bp −$13 | 125.0 bp −$1,250 | 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 −0.0071% / S +0.0182% | 1h | 743.39 | −0.006% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0023% | 8h | 743.09 | −0.047% | $1.0M | $469K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.20 | −0.032% | $21.6M | $27.8M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.83 | −0.082% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.80 | +0.048% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.15 | −0.039% | $257K | $26K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.96 | +0.070% | $360K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0001% | 8h | 743.35 | −0.012% | $841K | $783K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.70 | −0.100% | $738K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.82 | +0.051% | — | $621K | 50x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH QQQ | +0.0048% | 1h | 743.57 | +0.017% | $37.6M | $79.2M | 50x | as long as short |
| Variational Omni QQQ | +0.0049% | 8h | 743.31 | −0.017% | $17.6M | $10.3M | — | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 742.20 | −0.167% | $4.2M | $2.1M | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.80 | −0.086% | $1.2M | $866K | 20x | as long as short |
| Binance QQQUSDT | +0.0080% | 8h | 743.36 | −0.011% | $71.0M | $160.6M | 25x | as long as short |
| Lighter QQQ | +0.0080% | 1h | 743.23 | −0.028% | $7.6M | $20.9M | 30x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 742.93 | −0.069% | $3.4M | $423K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.92 | −0.070% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.10 | −0.046% | $12K | $21K | 20x | as long as short |
| Bybit QQQUSDTlong | +0.0100% | 8h | 743.44 | long leg | $10.7M | $5.2M | 50x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.63 | −0.108% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0113% | 1h | 743.07 | −0.050% | $424K | $173K | 20x | as long as short |
| Nado QQQ-PERP | +0.0180% | 1h | 742.75 | −0.092% | $1.5M | $1.3M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0192% | 8h | 743.56 | +0.017% | $323K | $1.8M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.48 | +0.005% | $5.4M | $8.9M | 25x | as long as short |
| Bitget QQQUSDT | +0.0193% | 8h | 743.39 | −0.007% | $16.9M | $7.1M | 20x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 743.04 | −0.054% | $38K | $73K | 20x | as long as short |
| edgeX QQQUSDC | +0.0269% | 4h | 743.44 | 0.000% | $760K | $338K | 20x | as long as short |
Bybit QQQUSDT
KuCoin QQQUSDTM
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
Lighter RH QQQ
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
ApeX Omni QQQUSDT
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Bitget QQQUSDT
Phoenix QQQ
edgeX QQQUSDC