QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.28 per $10,000 · paid last 24h +0.027%

Price spread now: Binance against Gate+0.080%7-day average +0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$290.293% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 7 days−0.101%−$10 · spread now +0.080%, 7d avg +0.020%

Together, before fees−0.109%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.059% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate QQQ_USDT	740.40	0	get 0.0000% / 8h	7h 53m	$3.4M	$20.5M	50x
Short	Binance QQQUSDT	740.99	0.0028	get 0.0028% / 8h	7h 53m	$70.3M	$140.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BinancebpOrdersPrice spread, now +0.080%Rate

Funding earned: $5.82
Price spread: +0.080% → +0.020%: $5.94
Slippage, 4 orders: −$4.26
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$17.5
Costs to cover: 0.293%
Break-even: 28.0 days

Slippage from Gate: live order book, 5 min ago; Binance: 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 Gate live order book, 5 min ago	0.07 bp	8.8 bp −$9	14.1 bp −$141	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.07 bp	5.1 bp −$5	5.5 bp −$55	10.1 bp −$1,007	30.2 bp −$15.1K

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 −0.0180% / S +0.0268%	1h	741.02	+0.084%	$25K	—	26x	as long as short
Aster QQQUSDT	0.0000%	8h	740.98	+0.078%	$823K	$865K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	740.99	+0.080%	$10.7M	$4.9M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	740.73	+0.045%	$21.5M	$28.2M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	740.78	+0.051%	$5.3M	$5.8M	25x	as long as short
Gate QQQ_USDTlong	0.0000%	8h	740.40	long leg	$3.4M	$20.5M	50x
Bitget QQQUSDT	0.0000%	8h	741.05	+0.088%	$16.5M	$5.2M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	741.37	+0.131%	$16.8M	$7.2M	—	as long as short
SunX QQQ-USDT	0.0000%	8h	741.38	+0.132%	$2K	$1.7M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	741.13	+0.099%	$250K	$41K	30x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex QQQUSDT	0.0000%	8h	741.26	+0.116%	$361K	$1.6M	10x	as long as short
BloFin QQQ-USDT	+0.0003%	8h	740.91	+0.069%	$1.1M	$274K	20x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0024%	1h	740.08	−0.043%	$1.2M	$487K	20x	as long as short
Binance QQQUSDTshort	+0.0028%	8h	740.99	+0.080%	$70.3M	$140.3M	25x
Lighter QQQ	+0.0032%	1h	740.72	+0.043%	$7.7M	$15.0M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	741.02	+0.084%	$37.5M	$78.7M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	740.04	−0.049%	$647K	$1.7M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	741.89	+0.201%	—	$337K	50x	as long as short
Ondo Perps QQQ-USD.P	+0.0050%	1h	739.82	−0.078%	$4.2M	$1.8M	20x	as long as short
edgeX QQQUSDC	+0.0068%	4h	741.03	+0.085%	$758K	$335K	20x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	740.62	+0.030%	$3.4M	$366K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	740.44	+0.005%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	740.73	+0.045%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	740.26	−0.019%	$92K	$1K	10x	as long as short
GRVT QQQ_USDT_Perp	+0.0114%	8h	741.04	+0.086%	$326K	$2.0M	10x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0115%	1h	740.72	+0.043%	$423K	$156K	20x	as long as short
Nado QQQ-PERP	+0.0149%	1h	740.56	+0.022%	$1.6M	$744K	20x	as long as short
Phoenix QQQ	+0.0248%	1h	740.42	+0.003%	$38K	$65K	20x	as long as short