QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0005%/8h= −0.6% APRpaid last 24h −0.013%

Price spread now: Phemex against Deribit+0.105%7-day average +0.092% · 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−$77as in the Price arb table

costs, in and out, $10k−$780.782% of the position

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.107%−$11 on $10k

Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.105%, 7d avg +0.092%

Together, before fees−0.092%−$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit QQQ_USDC-PERPETUAL	744.00	0.0005	pay 0.0001% / 1h	14m 29s	$425K	$150K	20x
Short	Phemex QQQUSDT	744.78	0	get 0.0000% / 8h	4h 14m	$362K	$1.5M	10x

Funding history

latest

Range statsloading…

Phemex against Deribit. 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 DeribitbpFee PhemexbpOrdersPrice spread, now +0.105%Rate

Slippage from Deribit: live order book, 44 min ago; Phemex: live order book, 3 min ago.

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, 44 min ago	0.07 bp	3.6 bp −$4	3.6 bp −$36	doesn't fit	doesn't fit
Sell Phemex live order book, 3 min ago	2.42 bp	31.5 bp −$32	doesn't fit	doesn't fit	doesn't fit

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	−0.0142%	1h	743.30	−0.094%	$4.2M	$1.8M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0126% / S +0.0225%	1h	744.29	+0.040%	$25K	—	26x	as long as short
BloFin QQQ-USDT	−0.0006%	8h	744.16	+0.022%	$1.1M	$261K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	744.26	+0.035%	$841K	$714K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	744.34	+0.046%	$10.7M	$5.0M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	744.16	+0.022%	$21.5M	$26.9M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	744.39	+0.053%	$5.4M	$7.4M	25x	as long as short
Gate QQQ_USDT	0.0000%	8h	743.79	−0.028%	$3.3M	$20.8M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	744.47	+0.063%	$16.9M	$5.7M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	744.30	+0.041%	$17.1M	$7.4M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX QQQ-USDT	0.0000%	8h	744.75	+0.101%	$2K	$1.9M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	744.65	+0.087%	$257K	$29K	30x	as long as short
Phemex QQQUSDTshort	0.0000%	8h	744.78	+0.105%	$362K	$1.5M	10x
Deribit QQQ_USDC-PERPETUALlong	+0.0005%	1h	744.00	long leg	$425K	$150K	20x
Coinbase International QQQ-PERP-INTX	+0.0008%	1h	743.80	−0.027%	$1.2M	$537K	20x	as long as short
Binance QQQUSDT	+0.0026%	8h	744.30	+0.040%	$71.0M	$141.5M	25x	as long as short
Lighter QQQ	+0.0032%	1h	744.14	+0.019%	$7.7M	$16.4M	30x	as long as short
edgeX QQQUSDC	+0.0035%	4h	744.25	+0.033%	$761K	$336K	20x	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.69	−0.042%	$698K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	745.29	+0.173%	—	$337K	50x	as long as short
Lighter RH QQQ	+0.0048%	1h	744.59	+0.079%	$37.0M	$79.6M	50x	as long as short
Nado QQQ-PERP	+0.0092%	1h	743.92	−0.011%	$1.5M	$840K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0093%	8h	744.46	+0.061%	$324K	$1.9M	10x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	744.03	+0.004%	$3.4M	$362K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	744.01	+0.001%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	744.02	+0.003%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.51	−0.066%	$93K	$1K	10x	as long as short
Phoenix QQQ	+0.0129%	1h	743.94	−0.008%	$38K	$66K	20x	as long as short