QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.21 per $10,000 · paid last 24h +0.025%

Price spread now: BloFin against Gate+0.044%93s7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$320.316% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.044%, 7d avg +0.029%

Together, before fees−0.081%−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate QQQ_USDT	741.67	0	get 0.0000% / 8h	4h 47m	$3.6M	$19.8M	50x
Short	BloFin QQQ-USDT	742.00	−0.0021	pay 0.0021% / 8h	4h 47m	$1.1M	$241K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$4.46
Price spread: +0.044% → +0.029%: $1.55
Slippage, 4 orders: −$4.65
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$34.55
Costs to cover: 0.316%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 3 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, 4 min ago	1.01 bp	9.8 bp −$10	15.5 bp −$155	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	0.07 bp	6.1 bp −$6	7.4 bp −$74	11.3 bp −$1,128	doesn't fit

QQQ on 28 exchanges

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 −0.0203% / S +0.0285%	1h	742.14	+0.064%	$25K	—	26x	as long as short
BloFin QQQ-USDTshort	−0.0021%	8h	742.00	+0.044%	$1.1M	$241K	20x
Ondo Perps QQQ-USD.P	−0.0010%	1h	740.64	−0.139%	$4.2M	$1.8M	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	742.22	+0.074%	$22.1M	$31.0M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	742.20	+0.071%	$5.5M	$5.7M	25x	as long as short
Gate QQQ_USDTlong	0.0000%	8h	741.67	long leg	$3.6M	$19.8M	50x
Bitget QQQUSDT	0.0000%	8h	742.60	+0.125%	$17.0M	$6.0M	20x	as long as short
SunX QQQ-USDT	0.0000%	8h	742.67	+0.135%	$2K	$1.5M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.02	+0.182%	$247K	$45K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	742.39	+0.097%	$359K	$1.7M	10x	as long as short

Show all 28 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus QQQ-USD	+0.0004%	1h	741.34	−0.044%	$654K	$1.4M	25x	as long as short
Aster QQQUSDT	+0.0008%	8h	742.16	+0.066%	$855K	$915K	20x	as long as short
Bybit QQQUSDT	+0.0017%	8h	742.26	+0.080%	$10.9M	$5.1M	50x	as long as short
Lighter QQQ	+0.0032%	1h	741.77	+0.013%	$7.2M	$16.4M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	742.50	+0.112%	$38.9M	$76.1M	50x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	742.92	+0.169%	—	$337K	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0048%	1h	741.21	−0.062%	$1.2M	$585K	20x	as long as short
Variational Omni QQQ	+0.0078%	8h	742.62	+0.128%	$16.9M	$6.9M	—	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	741.79	+0.016%	$3.4M	$509K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	741.49	−0.024%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	741.82	+0.020%	$12K	$21K	20x	as long as short
Binance QQQUSDT	+0.0100%	8h	742.51	+0.114%	$72.4M	$148.2M	25x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0101%	1h	741.86	+0.026%	$398K	$103K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	741.44	−0.032%	$92K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0116%	1h	741.68	+0.001%	$1.6M	$776K	20x	as long as short
edgeX QQQUSDC	+0.0187%	4h	741.91	+0.032%	$759K	$336K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0257%	8h	742.12	+0.061%	$322K	$2.1M	10x	as long as short
Phoenix QQQ	+0.0409%	1h	741.53	−0.019%	$38K	$59K	20x	as long as short