Funding you earn now, next payment 08:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.74 per $10,000 · paid last 24h +0.068%
Price spread now: GRVT against Gate+0.108%96s7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as 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−$310.311% of the position
Funding, last 7 days+0.291%+$29 on $10k
+Price spread, last 7 days−0.106%−$11 · spread now +0.108%, 7d avg +0.054%
=Together, before fees+0.184%+ Points / potential airdropGRVT: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GRVT is 0.054% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.054%. The two prices were read 96 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 | 742.04 | 0 | get 0.0000% / 8h | 2h 53m | $3.3M | $21.2M | 50x |
| Short | GRVT QQQ_USDT_Perp | 742.84 | 0.0074 | get 0.0074% / 8h | 2h 53m | $320K | $1.9M | 10x |
Gate QQQ_USDT
GRVT QQQ_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $15.54
- Price spread: +0.108% → +0.054%
- $5.45
- Slippage, 4 orders
- −$7.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$10.14
- Costs to cover
- 0.311%
- Break-even
- 11.6 days
Slippage from Gate: live order book, 5 min ago; GRVT: live order book, 4 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 | 0.61 bp | 12.1 bp −$12 | 16.9 bp −$169 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 0.61 bp | 5.1 bp −$5 | 5.8 bp −$58 | 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 −0.0143% / S +0.0238% | 1h | 742.73 | +0.092% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0042% | 1h | 741.57 | −0.063% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.68 | +0.087% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.74 | +0.094% | $69.8M | $143.8M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.79 | +0.101% | $10.7M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.47 | +0.058% | $21.6M | $27.7M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.77 | +0.098% | $5.4M | $7.2M | 25x | as long as short |
| Gate QQQ_USDTlong | 0.0000% | 8h | 742.04 | long leg | $3.3M | $21.2M | 50x | |
| Bitget QQQUSDT | 0.0000% | 8h | 742.92 | +0.119% | $16.6M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.77 | +0.098% | $17.1M | $7.2M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Binance 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 | 743.20 | +0.156% | $2K | $1.9M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.25 | +0.028% | $1.2M | $538K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.79 | +0.101% | $254K | $35K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.92 | +0.119% | $361K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0001% | 8h | 742.64 | +0.081% | $1.1M | $246K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.57 | +0.071% | $7.7M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.92 | +0.119% | $36.9M | $77.7M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.79 | −0.034% | $699K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.63 | +0.214% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perpshort | +0.0074% | 8h | 742.84 | +0.108% | $320K | $1.9M | 10x | |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.33 | +0.039% | $3.4M | $348K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.31 | +0.036% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.41 | +0.050% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.89 | −0.020% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0107% | 1h | 742.34 | +0.041% | $1.5M | $764K | 20x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.30 | +0.035% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0141% | 1h | 742.55 | +0.069% | $424K | $151K | 20x | as long as short |
| edgeX QQQUSDC | +0.0319% | 4h | 742.56 | +0.070% | $759K | $334K | 20x | as long as short |
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC