Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.011%
Price spread now: OKX against Bybit−0.027%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.251% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.027%, 7d avg −0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit QQQUSDT | 741.60 | 0 | get 0.0000% / 8h | 11m 19s | $10.7M | $5.0M | 50x |
| Short | OKX QQQ-USDT-SWAP | 741.40 | 0 | get 0.0000% / 8h | 11m 19s | $21.4M | $28.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- Price spread: −0.027% → −0.012%
- −$1.47
- Slippage, 4 orders
- −$4.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$26.52
- Costs to cover
- 0.251%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: 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, 2 min ago | 0.27 bp | 7.7 bp −$8 | 14.1 bp −$141 | 95.4 bp −$9,543 | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.07 bp | 5.1 bp −$5 | 6.1 bp −$61 | 14.1 bp −$1,406 | 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 −0.0177% / S +0.0265% | 1h | 741.66 | +0.009% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0147% | 1h | 740.60 | −0.135% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0093% | 8h | 741.21 | −0.053% | $3.3M | $21.7M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0008% | 8h | 741.40 | −0.027% | $1.1M | $274K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.62 | +0.002% | $824K | $864K | 20x | as long as short |
| Bybit QQQUSDTlong | 0.0000% | 8h | 741.60 | long leg | $10.7M | $5.0M | 50x | |
| OKX QQQ-USDT-SWAPshort | 0.0000% | 8h | 741.40 | −0.027% | $21.4M | $28.3M | 50x | |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.41 | −0.025% | $5.4M | $5.9M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.78 | +0.024% | $16.5M | $5.3M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.75 | +0.020% | $16.8M | $7.2M | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.02 | +0.057% | $2K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.93 | +0.044% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.01 | +0.055% | $361K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.15 | −0.061% | $1.2M | $488K | 20x | as long as short |
| Binance QQQUSDT | +0.0023% | 8h | 741.62 | +0.003% | $70.3M | $140.9M | 25x | as long as short |
| edgeX QQQUSDC | +0.0027% | 4h | 741.76 | +0.021% | $758K | $337K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.42 | −0.024% | $7.7M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.75 | +0.020% | $37.3M | $81.2M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.94 | −0.089% | $647K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.60 | +0.135% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.24 | −0.049% | $3.4M | $351K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.53 | −0.009% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.37 | −0.031% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 740.93 | −0.090% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0139% | 1h | 741.24 | −0.049% | $1.6M | $746K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0143% | 8h | 742.13 | +0.072% | $315K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0155% | 1h | 741.31 | −0.039% | $423K | $156K | 20x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.64 | +0.005% | $38K | $65K | 20x | as long as short |
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
BloFin QQQ-USDT
Aster QQQUSDT
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
edgeX QQQUSDC
Lighter QQQ
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ