Funding you earn now, next payment 07:00 UTC−0.0033%/8h= −3.6% APRpaid last 24h −0.015%
Price spread now: SunX against Deribit+0.119%7-day average +0.104% · 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−$69as in the Price arb table
costs, in and out, $10k−$710.707% of the position
Funding, last 5 days (all we have)−0.107%−$11 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.119%, 7d avg +0.104%
=The price spread sits at its 7-day average of +0.104%, 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 | 741.93 | 0.0033 | pay 0.0004% / 1h | 49m 32s | $424K | $153K | 20x |
| Short | SunX QQQ-USDT | 742.81 | 0 | get 0.0000% / 8h | 1h 49m | $2K | $1.8M | 10x |
Deribit QQQ_USDC-PERPETUAL
SunX QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$6.96
- Price spread: +0.119% → +0.104%
- $1.42
- Slippage, 4 orders
- −$55.74
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$76.28
- Costs to cover
- 0.707%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 59 min ago; SunX: live order book, 6 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, 59 min ago | 0.07 bp | 3.6 bp −$4 | 5.1 bp −$51 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 21.61 bp | 38.0 bp −$38 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0156% / S +0.0249% | 1h | 742.37 | +0.059% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0033% | 1h | 741.01 | −0.124% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0012% | 8h | 742.07 | +0.019% | $1.1M | $278K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.32 | +0.053% | $823K | $858K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.43 | +0.067% | $70.2M | $145.4M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.40 | +0.063% | $10.6M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.16 | +0.031% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.22 | +0.039% | $5.4M | $6.3M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.70 | −0.031% | $3.3M | $21.5M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.46 | +0.071% | $16.6M | $5.6M | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QQQ | 0.0000% | 8h | 742.22 | +0.039% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDTshort | 0.0000% | 8h | 742.81 | +0.119% | $2K | $1.8M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 742.60 | +0.090% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.53 | +0.081% | $365K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.73 | −0.027% | $1.2M | $551K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.14 | +0.028% | $7.6M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.51 | +0.078% | $36.9M | $79.6M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUALlong | +0.0033% | 1h | 741.93 | long leg | $424K | $153K | 20x | |
| Arcus QQQ-USD | +0.0040% | 1h | 741.34 | −0.080% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.20 | +0.171% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.93 | 0.000% | $3.4M | $352K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.86 | −0.009% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.04 | +0.015% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.53 | −0.054% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0107% | 8h | 742.52 | +0.080% | $318K | $2.0M | 10x | as long as short |
| Nado QQQ-PERP | +0.0142% | 1h | 741.79 | −0.019% | $1.5M | $749K | 20x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.83 | −0.013% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0513% | 4h | 742.27 | +0.046% | $759K | $335K | 20x | as long as short |
Variational Omni QQQ
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC