QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.016%

Price spread now: Orderly against Bybit−0.044%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.044% cheaper against Bybit than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 4.2 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit QQQUSDT	743.48	0.0065	pay 0.0065% / 8h	5h 51m	$10.5M	$4.9M	50x
Short	Orderly PERP_QQQ_USDC_mythos	743.15	0.0100	get 0.0100% / 8h	5h 51m	$12K	$21K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.044%Rate

Funding earned: $7.33
Price spread: −0.044% → 0.000%: −$4.44
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$14.11
Costs to cover: 0.170%
Break-even: 20.5 days

Slippage unknown: Bybit: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.

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, 4 min ago	0.07 bp	6.9 bp −$7	7.4 bp −$74	61.4 bp −$6,139	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

QQQ on 28 exchanges

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 −0.0203% / S +0.0285%	1h	743.53	+0.007%	$25K	—	26x	as long as short
Ondo Perps QQQ-USD.P	−0.0059%	1h	741.71	−0.238%	$4.2M	$1.8M	20x	as long as short
BloFin QQQ-USDT	−0.0016%	8h	743.10	−0.051%	$1.1M	$236K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	743.43	−0.007%	$857K	$903K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.29	−0.026%	$21.8M	$30.3M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	743.19	−0.039%	$5.5M	$5.7M	25x	as long as short
Gate QQQ_USDT	0.0000%	8h	742.98	−0.067%	$3.5M	$19.8M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	743.61	+0.017%	$17.1M	$5.9M	20x	as long as short
SunX QQQ-USDT	0.0000%	8h	743.90	+0.056%	$2K	$1.6M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.65	+0.023%	$251K	$38K	30x	as long as short

Show all 28 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex QQQUSDT	0.0000%	8h	743.80	+0.043%	$360K	$1.6M	10x	as long as short
Lighter QQQ	+0.0032%	1h	742.91	−0.077%	$7.4M	$15.4M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	743.55	+0.009%	$38.6M	$76.5M	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0032%	1h	742.87	−0.082%	$1.2M	$541K	20x	as long as short
Arcus QQQ-USD	+0.0040%	1h	742.27	−0.163%	$660K	$1.4M	25x	as long as short
Variational Omni QQQ	+0.0042%	8h	743.16	−0.044%	$16.8M	$7.0M	—	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	744.21	+0.098%	—	$337K	50x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0046%	1h	743.05	−0.058%	$399K	$148K	20x	as long as short
Bybit QQQUSDTlong	+0.0065%	8h	743.48	long leg	$10.5M	$4.9M	50x
Binance QQQUSDT	+0.0072%	8h	743.51	+0.004%	$71.5M	$145.8M	25x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	742.97	−0.069%	$3.4M	$464K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	742.88	−0.081%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythosshort	+0.0100%	8h	743.15	−0.044%	$12K	$21K	20x
Aevo QQQ-PERP	+0.0104%	1h	742.63	−0.114%	$92K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0131%	1h	742.86	−0.084%	$1.6M	$767K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0239%	8h	743.66	+0.024%	$321K	$2.1M	10x	as long as short
Phoenix QQQ	+0.0302%	1h	742.90	−0.078%	$38K	$59K	20x	as long as short
edgeX QQQUSDC	+0.0503%	4h	743.08	−0.053%	$760K	$334K	20x	as long as short