Funding you earn now, next payment 02:00 UTC+0.0480%/8h= +52.6% APRpaid last 24h −0.022%
Price spread now: edgeX against Deribit+0.040%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$270.270% of the position
Funding, last 5 days (all we have)−0.467%−$47 on $10k
+Price spread, last 3 days (all we have)+0.003%$0 · spread now +0.040%, 7d avg +0.040%
=Together, before fees−0.464%+ Points / potential airdropedgeX: Active · farm board−$46 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair cost −0.467%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit QQQ_USDC-PERPETUAL | 743.83 | 0 | get 0.0000% / 1h | 41m 04s | $425K | $148K | 20x |
| Short | edgeX QQQUSDC | 744.13 | 0.0480 | get 0.0240% / 4h | 2h 41m | $761K | $333K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Deribit. 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
- $100.84
- Price spread: +0.040% → +0.040%
- $0.06
- Slippage, 4 orders
- −$10.98
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $73.92
- Costs to cover
- 0.270%
- Break-even
- 1.9 days
Slippage from Deribit: live order book, 28 min ago; edgeX: live order book, 28 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 Deribit live order book, 28 min ago | 0.07 bp | 3.6 bp −$4 | 3.8 bp −$38 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 28 min ago | 4.16 bp | 8.7 bp −$9 | 9.8 bp −$98 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0178% | 1h | 743.00 | −0.112% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0096% / S +0.0202% | 1h | 744.15 | +0.044% | $25K | — | 26x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.13 | +0.040% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.96 | +0.017% | $21.5M | $25.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.90 | +0.009% | $3.2M | $21.2M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.66 | +0.112% | $2K | $2.1M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUALlong | 0.0000% | 1h | 743.83 | long leg | $425K | $148K | 20x | |
| HTX QQQ-USDT | 0.0000% | 8h | 744.32 | +0.066% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.26 | +0.058% | $360K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0013% | 8h | 744.15 | +0.043% | $841K | $712K | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QQQ-USDT | +0.0026% | 8h | 744.31 | +0.065% | $1.1M | $319K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.93 | +0.013% | $7.7M | $17.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.35 | +0.070% | $37.3M | $79.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.34 | −0.066% | $747K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.12 | +0.173% | — | $356K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 744.05 | +0.030% | $1.2M | $538K | 20x | as long as short |
| Variational Omni QQQ | +0.0065% | 8h | 744.04 | +0.028% | $17.1M | $7.6M | — | as long as short |
| Binance QQQUSDT | +0.0090% | 8h | 744.16 | +0.044% | $71.1M | $147.4M | 25x | as long as short |
| Bitget QQQUSDT | +0.0090% | 8h | 744.18 | +0.047% | $16.9M | $5.9M | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.90 | +0.009% | $3.4M | $406K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.76 | −0.009% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.87 | +0.005% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.41 | −0.057% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0121% | 1h | 743.79 | −0.005% | $1.5M | $1.0M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0168% | 1h | 744.15 | +0.043% | $5.4M | $8.2M | 25x | as long as short |
| Phoenix QQQ | +0.0183% | 1h | 743.78 | −0.007% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0257% | 8h | 744.49 | +0.088% | $319K | $1.8M | 10x | as long as short |
| edgeX QQQUSDCshort | +0.0480% | 4h | 744.13 | +0.040% | $761K | $333K | 20x |
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Binance QQQUSDT
Bitget QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp