Funding you earn now, next payment 09:00 UTC+0.0215%/8h= +23.5% APRpaid last 24h +0.029%
Price spread now: Binance against GMX−0.002%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX QQQ/USD [ETH-USDC] | 739.89 | L −0.0185% / S +0.0271% | get 0.0023% / 1h | 31m 10s | $25K | — | 26x |
| Short | Binance QQQUSDT | 739.88 | 0.0030 | get 0.0030% / 8h | 7h 31m | $70.1M | $139.9M | 25x |
GMX QQQ/USD [ETH-USDC]
Binance QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against GMX. 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
- $45.14
- Price spread: −0.002% → 0.000%
- −$0.21
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $22.93
- Costs to cover
- 0.220%
- Break-even
- 3.4 days
Slippage unknown: GMX: no order-book sample; Binance: live order book, 12 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 0.07 bp | 5.1 bp −$5 | 5.8 bp −$58 | 10.7 bp −$1,070 | 31.9 bp −$15.9K |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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]long | L −0.0185% / S +0.0271% | 1h | 739.89 | long leg | $25K | — | 26x | |
| Aster QQQUSDT | 0.0000% | 8h | 739.90 | +0.001% | $822K | $869K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 739.92 | +0.003% | $10.6M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 739.58 | −0.043% | $21.5M | $28.2M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 739.77 | −0.017% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 739.48 | −0.056% | $3.4M | $20.6M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 739.91 | +0.002% | $16.5M | $5.1M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 740.34 | +0.060% | $2K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 740.35 | +0.061% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 740.13 | +0.032% | $363K | $1.6M | 10x | as long as short |
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QQQ | +0.0002% | 8h | 740.22 | +0.044% | $16.7M | $7.2M | — | as long as short |
| BloFin QQQ-USDT | +0.0007% | 8h | 740.02 | +0.017% | $1.1M | $275K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0024% | 1h | 740.02 | +0.017% | $1.2M | $495K | 20x | as long as short |
| Binance QQQUSDTshort | +0.0030% | 8h | 739.88 | −0.002% | $70.1M | $139.9M | 25x | |
| Lighter QQQ | +0.0032% | 1h | 739.54 | −0.048% | $7.6M | $15.3M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 739.94 | +0.006% | $37.5M | $79.8M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 739.10 | −0.107% | $646K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 740.79 | +0.121% | — | $337K | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 739.25 | −0.087% | $4.2M | $1.8M | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 739.51 | −0.052% | $3.4M | $384K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 739.57 | −0.044% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 739.70 | −0.026% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 739.18 | −0.097% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0155% | 1h | 739.38 | −0.070% | $1.6M | $744K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0156% | 1h | 739.53 | −0.049% | $422K | $136K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0186% | 8h | 740.44 | +0.074% | $326K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0248% | 1h | 739.60 | −0.040% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0518% | 4h | 740.06 | +0.023% | $757K | $336K | 20x | as long as short |
Variational Omni QQQ
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Ondo Perps QQQ-USD.P
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC