Funding you earn now, next payment 01:00 UTC−0.0026%/8h= −2.9% APRpaid last 24h +0.017%
Price spread now: Orderly against Deribit−0.012%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit QQQ_USDC-PERPETUAL | 744.15 | 0.0126 | pay 0.0016% / 1h | 30m 56s | $425K | $147K | 20x |
| Short | Orderly PERP_QQQ_USDC_mythos | 744.06 | 0.0100 | get 0.0100% / 8h | 7h 30m | $12K | $21K | 20x |
Deribit QQQ_USDC-PERPETUAL
Orderly PERP_QQQ_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$5.55
- Price spread: −0.012% → 0.000%
- −$1.21
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$19.76
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 43 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 Deribit live order book, 43 min ago | 1.28 bp | 4.8 bp −$5 | 8.0 bp −$80 | doesn't fit | 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 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 | −0.0366% | 1h | 742.79 | −0.183% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0085% / S +0.0193% | 1h | 744.36 | +0.028% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.99 | −0.021% | $841K | $739K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.17 | +0.003% | $21.5M | $25.0M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.01 | −0.019% | $3.2M | $27.5M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.77 | +0.083% | $1K | $2.2M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.45 | +0.040% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.45 | +0.040% | $361K | $1.4M | 10x | as long as short |
| Bybit QQQUSDT | +0.0001% | 8h | 744.44 | +0.039% | $10.7M | $4.9M | 50x | as long as short |
| BloFin QQQ-USDT | +0.0009% | 8h | 744.05 | −0.013% | $1.1M | $318K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Bybit QQQUSDT
BloFin QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.08 | −0.009% | $7.6M | $18.2M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.52 | +0.050% | $37.3M | $79.9M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.51 | −0.086% | $747K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.87 | +0.097% | — | $306K | 50x | as long as short |
| Variational Omni QQQ | +0.0047% | 8h | 744.24 | +0.012% | $17.1M | $9.7M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.73 | −0.056% | $1.2M | $547K | 20x | as long as short |
| Binance QQQUSDT | +0.0074% | 8h | 744.40 | +0.034% | $71.1M | $151.8M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.98 | −0.023% | $3.4M | $411K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.74 | −0.055% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythosshort | +0.0100% | 8h | 744.06 | −0.012% | $12K | $21K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.53 | −0.084% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0108% | 1h | 743.96 | −0.025% | $1.5M | $1.3M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUALlong | +0.0126% | 1h | 744.15 | long leg | $425K | $147K | 20x | |
| Bitget QQQUSDT | +0.0173% | 8h | 744.22 | +0.009% | $16.9M | $6.6M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.32 | +0.023% | $5.4M | $8.7M | 25x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 743.83 | −0.043% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0273% | 8h | 744.30 | +0.020% | $316K | $1.8M | 10x | as long as short |
| edgeX QQQUSDC | +0.0458% | 4h | 744.12 | −0.004% | $761K | $336K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Aevo QQQ-PERP
Nado QQQ-PERP
Bitget QQQUSDT
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC