QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0138%/8h= +15.1% APRnext payment +$0.17 per $10,000 · paid last 24h +0.009%

Price spread now: Coinbase International against GMX−0.084%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. Coinbase International is 0.084% cheaper against GMX than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 2.0 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX QQQ/USD [ETH-USDC]	744.50	L −0.0106% / S +0.0209%	get 0.0013% / 1h	54m 18s	$25K	—	26x
Short	Coinbase International QQQ-PERP-INTX	743.88	0.0032	get 0.0004% / 1h	54m 18s	$1.2M	$532K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. 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 GMXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.084%Rate

Funding earned: $28.88
Price spread: −0.084% → 0.000%: −$8.39
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$1.52
Costs to cover: 0.220%
Break-even: 7.4 days

Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago	0.07 bp	6.4 bp −$6	8.0 bp −$80	38.1 bp −$3,808	doesn't fit

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 27 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 −0.0106% / S +0.0209%	1h	744.50	long leg	$25K	—	26x
Aster QQQUSDT	0.0000%	8h	744.40	−0.014%	$841K	$713K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	744.52	+0.002%	$10.7M	$5.0M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	744.45	−0.007%	$21.7M	$26.3M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	744.54	+0.005%	$5.4M	$7.8M	25x	as long as short
Gate QQQ_USDT	0.0000%	8h	744.11	−0.053%	$3.3M	$20.2M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	744.56	+0.007%	$16.9M	$5.8M	20x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.99	+0.065%	$2K	$2.0M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	744.72	+0.029%	$257K	$29K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	744.76	+0.034%	$358K	$1.4M	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps QQQ-USD.P	+0.0004%	1h	743.51	−0.134%	$4.2M	$1.9M	20x	as long as short
Lighter QQQ	+0.0032%	1h	744.33	−0.024%	$7.7M	$17.1M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.78	+0.037%	$37.4M	$78.3M	50x	as long as short
Coinbase International QQQ-PERP-INTXshort	+0.0032%	1h	743.88	−0.084%	$1.2M	$532K	20x
Arcus QQQ-USD	+0.0040%	1h	743.52	−0.132%	$705K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	745.44	+0.126%	—	$337K	50x	as long as short
edgeX QQQUSDC	+0.0046%	4h	744.33	−0.023%	$761K	$333K	20x	as long as short
Variational Omni QQQ	+0.0052%	8h	744.38	−0.016%	$17.1M	$7.5M	—	as long as short
Binance QQQUSDT	+0.0076%	8h	744.49	−0.002%	$71.2M	$144.7M	25x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	744.13	−0.050%	$3.4M	$414K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	744.08	−0.057%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	744.16	−0.046%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.72	−0.106%	$93K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0108%	1h	744.12	−0.052%	$1.5M	$923K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0140%	1h	744.26	−0.033%	$425K	$149K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0172%	8h	744.62	+0.015%	$322K	$1.9M	10x	as long as short
Phoenix QQQ	+0.0183%	1h	744.04	−0.062%	$38K	$66K	20x	as long as short