Funding you earn now, next payment 04:00 UTC+0.0230%/8h= +25.2% APRpaid last 24h +0.033%
Price spread now: edgeX against Gate+0.051%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$390.395% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.051%, 7d avg +0.018%
=Together, before fees+0.066%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and edgeX is 0.033% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.116% in total (about 6.1% 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 | Gate QQQ_USDT | 744.01 | 0 | get 0.0000% / 8h | 4h 21m | $3.3M | $20.8M | 50x |
| Short | edgeX QQQUSDC | 744.39 | 0.0230 | get 0.0115% / 4h | 21m 21s | $761K | $334K | 20x |
Gate QQQ_USDT
edgeX QQQUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Gate. 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
- $48.38
- Price spread: +0.051% → +0.018%
- $3.3
- Slippage, 4 orders
- −$15.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $12.17
- Costs to cover
- 0.395%
- Break-even
- 5.2 days
Slippage from Gate: live order book, 2 min ago; edgeX: live order book, 37 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, 2 min ago | 1.01 bp | 12.8 bp −$13 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 37 min ago | 4.16 bp | 8.7 bp −$9 | 9.8 bp −$98 | 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 | −0.0158% | 1h | 743.39 | −0.083% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0125% / S +0.0224% | 1h | 744.63 | +0.084% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0005% | 8h | 744.39 | +0.051% | $1.1M | $272K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.51 | +0.067% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.60 | +0.079% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.41 | +0.054% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.64 | +0.085% | $5.4M | $7.4M | 25x | as long as short |
| Gate QQQ_USDTlong | 0.0000% | 8h | 744.01 | long leg | $3.3M | $20.8M | 50x | |
| Bitget QQQUSDT | 0.0000% | 8h | 744.60 | +0.079% | $16.9M | $5.7M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 744.19 | +0.024% | $17.1M | $7.5M | — | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 745.08 | +0.144% | $2K | $1.9M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.54 | +0.071% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.74 | +0.098% | $362K | $1.5M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.80 | −0.028% | $1.2M | $537K | 20x | as long as short |
| Binance QQQUSDT | +0.0031% | 8h | 744.64 | +0.085% | $71.0M | $141.4M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.48 | +0.063% | $7.7M | $16.4M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.83 | −0.024% | $699K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.63 | +0.218% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.94 | +0.125% | $36.9M | $79.4M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0059% | 1h | 744.39 | +0.051% | $425K | $149K | 20x | as long as short |
| Nado QQQ-PERP | +0.0093% | 1h | 744.30 | +0.039% | $1.5M | $877K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0099% | 8h | 744.70 | +0.092% | $324K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.27 | +0.035% | $3.4M | $366K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.02 | +0.001% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.31 | +0.040% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.78 | −0.031% | $93K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 744.15 | +0.019% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDCshort | +0.0230% | 4h | 744.39 | +0.051% | $761K | $334K | 20x |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter RH QQQ
Deribit QQQ_USDC-PERPETUAL
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ