QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.5% APRpaid last 24h −0.103%

Price spread now: Binance against Coinbase International+0.072%7-day average +0.067% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$220.217% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.277%−$28 on $10k

Price spread, last 2 days (all we have)+0.028%+$3 · spread now +0.072%, 7d avg +0.067%

Together, before fees−0.249%−$25 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International QQQ-PERP-INTX	742.85	0.0072	pay 0.0009% / 1h	26m 41s	$1.2M	$865K	20x
Short	Binance QQQUSDT	743.39	0.0076	get 0.0076% / 8h	26m 41s	$71.0M	$160.5M	25x

Funding history

latest

Range statsloading…

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

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee BinancebpOrdersPrice spread, now +0.072%Rate

Slippage from Coinbase International: live order book, 2 min ago; Binance: live order book, 2 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Coinbase International live order book, 2 min ago	0.07 bp	5.6 bp −$6	6.8 bp −$68	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.07 bp	5.1 bp −$5	5.4 bp −$54	9.4 bp −$936	25.0 bp −$12.5K

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 −0.0074% / S +0.0184%	1h	743.29	+0.060%	$25K	—	26x	as long as short
Aster QQQUSDT	0.0000%	8h	743.36	+0.068%	$845K	$783K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.20	+0.047%	$21.6M	$27.8M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	742.98	+0.018%	$3.1M	$32.8M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	743.76	+0.123%	$2K	$2.3M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.15	+0.040%	$257K	$25K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	743.88	+0.139%	$360K	$1.4M	10x	as long as short
BloFin QQQ-USDT	+0.0012%	8h	743.09	+0.032%	$1.1M	$469K	20x	as long as short
Ondo Perps QQQ-USD.P	+0.0022%	1h	742.06	−0.106%	$4.2M	$2.0M	20x	as long as short
Lighter RH QQQ	+0.0040%	1h	743.55	+0.094%	$37.5M	$80.0M	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus QQQ-USD	+0.0040%	1h	742.68	−0.023%	$694K	$1.5M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	743.79	+0.127%	—	$621K	50x	as long as short
Variational Omni QQQ	+0.0048%	8h	743.27	+0.056%	$17.6M	$10.3M	—	as long as short
Lighter QQQ	+0.0072%	1h	743.24	+0.053%	$7.6M	$20.9M	30x	as long as short
Coinbase International QQQ-PERP-INTXlong	+0.0072%	1h	742.85	long leg	$1.2M	$865K	20x
Binance QQQUSDTshort	+0.0076%	8h	743.39	+0.072%	$71.0M	$160.5M	25x
KuCoin QQQUSDTM	+0.0100%	8h	742.91	+0.008%	$3.4M	$419K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	742.89	+0.005%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	743.01	+0.022%	$12K	$21K	20x	as long as short
Bybit QQQUSDT	+0.0103%	8h	743.27	+0.057%	$10.7M	$5.2M	50x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	742.58	−0.037%	$92K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0179%	1h	742.83	−0.002%	$1.5M	$1.3M	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0181%	1h	743.10	+0.034%	$424K	$164K	20x	as long as short
Bitget QQQUSDT	+0.0186%	8h	743.29	+0.059%	$16.9M	$7.0M	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0191%	8h	743.46	+0.082%	$323K	$1.8M	10x	as long as short
RISEx QQQ/USDC	+0.0193%	1h	743.51	+0.089%	$5.4M	$8.9M	25x	as long as short
Phoenix QQQ	+0.0194%	1h	742.97	+0.016%	$38K	$73K	20x	as long as short
edgeX QQQUSDC	+0.0408%	4h	743.26	+0.055%	$760K	$334K	20x	as long as short