Funding you earn now, next payment 08:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h −0.065%
Price spread now: SunX against edgeX+0.065%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$810.810% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.065%, 7d avg +0.066%
=Together, before fees−0.100%+ Points / potential airdropedgeX: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.066%, 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 | edgeX QQQUSDC | 741.76 | 0.0027 | pay 0.0014% / 4h | 13m 13s | $758K | $337K | 20x |
| Short | SunX QQQ-USDT | 742.24 | 0 | get 0.0000% / 8h | 13m 13s | $2K | $1.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$5.75
- Price spread: +0.065% → +0.066%
- −$0.12
- Slippage, 4 orders
- −$64
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$86.87
- Costs to cover
- 0.810%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 26 min ago; SunX: live order book, 12 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, 26 min ago | 4.11 bp | 8.7 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell SunX live order book, 12 min ago | 21.63 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 −0.0176% / S +0.0264% | 1h | 741.87 | +0.014% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0154% | 1h | 740.55 | −0.163% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0092% | 8h | 741.28 | −0.065% | $3.3M | $21.7M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0023% | 8h | 741.73 | −0.004% | $1.1M | $274K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.91 | +0.020% | $824K | $863K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.83 | +0.010% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.75 | −0.001% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.74 | −0.003% | $5.4M | $5.9M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.11 | +0.047% | $16.5M | $5.3M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.75 | −0.001% | $16.8M | $7.2M | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDTshort | 0.0000% | 8h | 742.24 | +0.065% | $2K | $1.7M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 742.05 | +0.039% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.37 | +0.082% | $361K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.15 | −0.082% | $1.2M | $488K | 20x | as long as short |
| Binance QQQUSDT | +0.0023% | 8h | 742.05 | +0.039% | $70.3M | $141.0M | 25x | as long as short |
| edgeX QQQUSDClong | +0.0027% | 4h | 741.76 | long leg | $758K | $337K | 20x | |
| Lighter QQQ | +0.0032% | 1h | 741.84 | +0.011% | $7.7M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.18 | +0.057% | $37.2M | $81.1M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.97 | −0.106% | $647K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.90 | +0.154% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.64 | −0.016% | $3.4M | $351K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.34 | −0.056% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.81 | +0.007% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.31 | −0.060% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0138% | 1h | 741.47 | −0.039% | $1.6M | $748K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0143% | 8h | 741.98 | +0.030% | $314K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0168% | 1h | 741.84 | +0.011% | $424K | $156K | 20x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.64 | −0.016% | $38K | $65K | 20x | as long as short |
edgeX QQQUSDC
SunX QQQ-USDT
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ