Funding you earn now, next payment 12:00 UTC−0.0441%/8h= −48.3% APRpaid last 24h −0.085%
Price spread now: KuCoin against edgeX+0.002%7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$360.364% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.002%, 7d avg −0.024%
=Together, before fees+0.049%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.026% dearer against edgeX than usual: you sell high and buy low (spread +0.002% now, against its 7-day average of −0.024%): +$3 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 5 hours. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX QQQUSDC | 739.75 | 0.0541 | pay 0.0271% / 4h | 3h 21m | $756K | $335K | 20x |
| Short | KuCoin QQQUSDTM | 739.77 | 0.0100 | get 0.0100% / 8h | 7h 21m | $3.4M | $391K | 20x |
edgeX QQQUSDC
KuCoin QQQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$92.65
- Price spread: +0.002% → −0.024%
- $2.62
- Slippage, 4 orders
- −$15.42
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$126.45
- Costs to cover
- 0.364%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 12 min ago; KuCoin: 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 edgeX live order book, 12 min ago | 4.12 bp | 8.7 bp −$9 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 1.76 bp | 11.0 bp −$11 | 109.2 bp −$1,092 | 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 −0.0187% / S +0.0272% | 1h | 739.95 | +0.026% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0021% | 8h | 739.59 | −0.022% | $1.1M | $278K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 739.64 | −0.015% | $820K | $903K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 740.43 | +0.091% | $10.6M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 740.06 | +0.041% | $21.8M | $29.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 740.04 | +0.039% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 739.60 | −0.021% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 740.30 | +0.074% | $16.5M | $5.1M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 739.24 | −0.069% | $16.7M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 740.75 | +0.135% | $2K | $1.6M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 739.87 | +0.016% | $423K | $128K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 739.76 | +0.001% | $250K | $38K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 740.40 | +0.087% | $364K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0024% | 1h | 739.14 | −0.083% | $1.2M | $497K | 20x | as long as short |
| Binance QQQUSDT | +0.0029% | 8h | 740.36 | +0.081% | $70.3M | $141.2M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 740.01 | +0.035% | $7.6M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 740.42 | +0.090% | $37.6M | $80.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 739.38 | −0.051% | $647K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 741.30 | +0.209% | — | $337K | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 738.51 | −0.168% | $4.2M | $1.8M | 20x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 739.77 | +0.002% | $3.4M | $391K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 739.50 | −0.034% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 739.94 | +0.025% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 739.46 | −0.040% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0137% | 8h | 740.00 | +0.034% | $314K | $2.0M | 10x | as long as short |
| Nado QQQ-PERP | +0.0151% | 1h | 739.95 | +0.026% | $1.6M | $747K | 20x | as long as short |
| Phoenix QQQ | +0.0248% | 1h | 739.00 | −0.102% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDClong | +0.0541% | 4h | 739.75 | long leg | $756K | $335K | 20x |
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Ondo Perps QQQ-USD.P
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
Phoenix QQQ