QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0193%/8h= +21.1% APRnext payment +$1.93 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against Gate−0.001%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$500.503% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.214%+$21 on $10k

Price spread, last 7 days−0.144%−$14 · spread now −0.001%, 7d avg −0.037%

Together, before fees+0.070%+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.035% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate QQQ_USDT	741.21	−0.0093	get 0.0093% / 8h	11m 06s	$3.3M	$21.7M	50x
Short	KuCoin QQQUSDTM	741.20	0.0100	get 0.0100% / 8h	11m 06s	$3.4M	$352K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.001%Rate

Funding earned: $40.53
Price spread: −0.001% → −0.037%: $3.52
Slippage, 4 orders: −$23.28
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$6.23
Costs to cover: 0.503%
Break-even: 8.1 days

Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 6 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, 3 min ago	2.16 bp	12.1 bp −$12	14.9 bp −$149	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	1.62 bp	20.5 bp −$20	130.5 bp −$1,305	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 −0.0177% / S +0.0265%	1h	741.66	+0.061%	$25K	—	26x	as long as short
Ondo Perps QQQ-USD.P	−0.0147%	1h	740.60	−0.082%	$4.2M	$1.8M	20x	as long as short
Gate QQQ_USDTlong	−0.0093%	8h	741.21	long leg	$3.3M	$21.7M	50x
BloFin QQQ-USDT	−0.0008%	8h	741.40	+0.026%	$1.1M	$274K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	741.61	+0.054%	$824K	$864K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	741.59	+0.051%	$10.7M	$5.0M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	741.40	+0.026%	$21.4M	$28.3M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	741.41	+0.028%	$5.4M	$5.9M	25x	as long as short
Bitget QQQUSDT	0.0000%	8h	741.78	+0.077%	$16.5M	$5.3M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	741.75	+0.073%	$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-USDT	0.0000%	8h	742.02	+0.109%	$2K	$1.7M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	741.93	+0.097%	$250K	$41K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	742.01	+0.108%	$361K	$1.6M	10x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0016%	1h	741.15	−0.008%	$1.2M	$488K	20x	as long as short
Binance QQQUSDT	+0.0023%	8h	741.63	+0.056%	$70.3M	$140.9M	25x	as long as short
edgeX QQQUSDC	+0.0027%	4h	741.76	+0.074%	$758K	$337K	20x	as long as short
Lighter QQQ	+0.0032%	1h	741.42	+0.028%	$7.7M	$15.4M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	741.75	+0.073%	$37.3M	$81.2M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	740.94	−0.036%	$647K	$1.7M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	742.60	+0.188%	—	$337K	50x	as long as short
KuCoin QQQUSDTMshort	+0.0100%	8h	741.20	−0.001%	$3.4M	$352K	20x
ApeX Omni QQQUSDT	+0.0100%	1h	741.53	+0.043%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	741.37	+0.022%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	740.93	−0.038%	$92K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0139%	1h	741.24	+0.004%	$1.6M	$746K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0143%	8h	742.13	+0.124%	$315K	$2.0M	10x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0155%	1h	741.31	+0.013%	$423K	$156K	20x	as long as short
Phoenix QQQ	+0.0227%	1h	741.64	+0.058%	$38K	$65K	20x	as long as short