Funding you earn now, next payment 02:00 UTC−0.0312%/8h= −34.2% APRpaid last 24h +0.070%
Price spread now: RISEx against edgeX−0.009%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$240.237% of the position
Funding, last 3 days (all we have)+0.566%+$57 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.009%, 7d avg +0.046%
=Together, before fees+0.597%+ Points / potential airdropedgeX: Active · farm board+$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and RISEx is 0.055% cheaper against edgeX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.046%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.566%, 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 | 744.13 | 0.0480 | pay 0.0240% / 4h | 2h 38m | $761K | $333K | 20x |
| Short | RISEx QQQ/USDC | 744.06 | 0.0168 | get 0.0021% / 1h | 38m 48s | $5.4M | $8.2M | 25x |
edgeX QQQUSDC
RISEx QQQ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$65.55
- Price spread: −0.009% → +0.046%
- −$5.54
- Slippage, 4 orders
- −$8.72
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$94.81
- Costs to cover
- 0.237%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 30 min ago; RISEx: live order book, 5 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, 30 min ago | 4.16 bp | 8.7 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 5 min ago | 0.07 bp | 3.1 bp −$3 | 3.7 bp −$37 | 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 | −0.0171% | 1h | 743.00 | −0.152% | $4.2M | $1.9M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0096% / S +0.0202% | 1h | 744.12 | −0.002% | $25K | — | 26x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.01 | −0.016% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.95 | −0.024% | $21.5M | $25.5M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.81 | −0.043% | $3.2M | $21.4M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.47 | +0.046% | $2K | $2.1M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.32 | +0.025% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.25 | +0.016% | $359K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0012% | 8h | 744.09 | −0.005% | $841K | $712K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0026% | 8h | 744.31 | +0.024% | $1.1M | $319K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster 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 | 743.91 | −0.030% | $7.7M | $17.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.34 | +0.028% | $37.4M | $79.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.19 | −0.126% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.06 | +0.125% | — | $356K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 744.05 | −0.011% | $1.2M | $538K | 20x | as long as short |
| Variational Omni QQQ | +0.0065% | 8h | 744.04 | −0.012% | $17.1M | $7.6M | — | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0073% | 1h | 743.91 | −0.030% | $425K | $148K | 20x | as long as short |
| Bitget QQQUSDT | +0.0082% | 8h | 744.14 | +0.001% | $16.9M | $5.9M | 20x | as long as short |
| Binance QQQUSDT | +0.0088% | 8h | 744.02 | −0.014% | $71.1M | $147.5M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.83 | −0.040% | $3.4M | $406K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.76 | −0.050% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.86 | −0.036% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.38 | −0.101% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0120% | 1h | 743.74 | −0.052% | $1.5M | $1.0M | 20x | as long as short |
| RISEx QQQ/USDCshort | +0.0168% | 1h | 744.06 | −0.009% | $5.4M | $8.2M | 25x | |
| Phoenix QQQ | +0.0183% | 1h | 743.78 | −0.047% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0241% | 8h | 744.31 | +0.024% | $318K | $1.8M | 10x | as long as short |
| edgeX QQQUSDClong | +0.0480% | 4h | 744.13 | long leg | $761K | $333K | 20x |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Deribit QQQ_USDC-PERPETUAL
Bitget QQQUSDT
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
GRVT QQQ_USDT_Perp