Funding you earn now, next payment 01:00 UTC−0.0345%/8h= −37.8% APRpaid last 24h +0.021%
Price spread now: Deribit against edgeX+0.001%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−$23as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 5 days (all we have)+0.466%+$47 on $10k
+Price spread, last 3 days (all we have)−0.043%−$4 · spread now +0.001%, 7d avg −0.040%
=Together, before fees+0.422%+ Points / potential airdropedgeX: Active · farm board+$42 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.041% dearer against edgeX than usual: you sell high and buy low (spread +0.001% now, against its 7-day average of −0.040%): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 5 days funding on this pair paid +0.466%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX QQQUSDC | 744.12 | 0.0458 | pay 0.0229% / 4h | 3h 31m | $761K | $336K | 20x |
| Short | Deribit QQQ_USDC-PERPETUAL | 744.13 | 0.0113 | get 0.0014% / 1h | 31m 20s | $425K | $147K | 20x |
edgeX QQQUSDC
Deribit QQQ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against edgeX. 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
- −$72.51
- Price spread: +0.001% → −0.040%
- $4.12
- Slippage, 4 orders
- −$10.9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$95.29
- Costs to cover
- 0.269%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 42 min ago; Deribit: live order book, 42 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 edgeX live order book, 42 min ago | 4.10 bp | 8.7 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 42 min ago | 1.28 bp | 4.8 bp −$5 | 5.7 bp −$57 | 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 | −0.0366% | 1h | 742.79 | −0.179% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0085% / S +0.0193% | 1h | 744.36 | +0.031% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0025% | 8h | 744.01 | −0.015% | $1.1M | $318K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.99 | −0.019% | $841K | $739K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.14 | +0.002% | $21.5M | $25.0M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.99 | −0.018% | $3.2M | $27.5M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.77 | +0.087% | $1K | $2.2M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.40 | +0.037% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.46 | +0.045% | $362K | $1.4M | 10x | as long as short |
| Bybit QQQUSDT | +0.0001% | 8h | 744.40 | +0.037% | $10.7M | $4.9M | 50x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Bybit QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.08 | −0.006% | $7.6M | $18.2M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.53 | +0.055% | $37.3M | $79.9M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.51 | −0.082% | $747K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.87 | +0.100% | — | $306K | 50x | as long as short |
| Variational Omni QQQ | +0.0046% | 8h | 744.16 | +0.005% | $17.1M | $9.8M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.73 | −0.053% | $1.2M | $547K | 20x | as long as short |
| Binance QQQUSDT | +0.0074% | 8h | 744.35 | +0.030% | $71.1M | $151.8M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.95 | −0.023% | $3.4M | $411K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.74 | −0.052% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.06 | −0.009% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.50 | −0.083% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0108% | 1h | 743.96 | −0.022% | $1.5M | $1.3M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUALshort | +0.0113% | 1h | 744.13 | +0.001% | $425K | $147K | 20x | |
| Bitget QQQUSDT | +0.0173% | 8h | 744.22 | +0.013% | $16.9M | $6.6M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.32 | +0.027% | $5.4M | $8.7M | 25x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 743.83 | −0.039% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0273% | 8h | 744.30 | +0.024% | $316K | $1.8M | 10x | as long as short |
| edgeX QQQUSDClong | +0.0458% | 4h | 744.12 | long leg | $761K | $336K | 20x |
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
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Bitget QQQUSDT
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp