Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%
Price spread now: Bybit against Coinbase International+0.097%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.097%, 7d avg +0.082%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International QQQ-PERP-INTX | 742.64 | 0 | get 0.0000% / 1h | 29m 56s | $1.2M | $534K | 20x |
| Short | Bybit QQQUSDT | 743.36 | 0 | get 0.0000% / 8h | 3h 29m | $10.7M | $5.0M | 50x |
Coinbase International QQQ-PERP-INTX
Bybit QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Coinbase International. 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: +0.097% → +0.082%
- $1.51
- Slippage, 4 orders
- −$5.3
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$24.79
- Costs to cover
- 0.263%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; Bybit: live order book, 3 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 Coinbase International live order book, 4 min ago | 0.07 bp | 6.5 bp −$7 | 8.5 bp −$85 | 42.4 bp −$4,237 | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.07 bp | 7.0 bp −$7 | 8.9 bp −$89 | 61.3 bp −$6,127 | 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 −0.0135% / S +0.0232% | 1h | 743.50 | +0.115% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0042% | 1h | 742.04 | −0.081% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.35 | +0.096% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDTshort | 0.0000% | 8h | 743.36 | +0.097% | $10.7M | $5.0M | 50x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.12 | +0.065% | $21.5M | $27.1M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.73 | +0.012% | $3.3M | $21.1M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.46 | +0.110% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.21 | +0.077% | $17.1M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.77 | +0.152% | $1K | $1.9M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTXlong | 0.0000% | 1h | 742.64 | long leg | $1.2M | $534K | 20x |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 743.33 | +0.093% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.73 | +0.147% | $360K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0001% | 8h | 743.28 | +0.086% | $70.7M | $141.7M | 25x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.32 | +0.092% | $5.4M | $7.3M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0023% | 8h | 743.12 | +0.065% | $1.1M | $255K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.19 | +0.074% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.51 | +0.117% | $37.0M | $79.1M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.44 | −0.027% | $702K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.37 | +0.233% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0070% | 8h | 743.35 | +0.096% | $315K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0082% | 1h | 742.92 | +0.037% | $1.5M | $760K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.94 | +0.040% | $3.4M | $340K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.83 | +0.026% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.15 | +0.069% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.63 | −0.001% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.77 | +0.018% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0181% | 1h | 743.26 | +0.083% | $425K | $150K | 20x | as long as short |
| edgeX QQQUSDC | +0.0598% | 4h | 743.01 | +0.049% | $760K | $336K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
RISEx QQQ/USDC
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC