QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0166%/8h= +18.2% APRnext payment +$0.21 per $10,000 · paid last 24h +0.022%

Price spread now: Deribit against GMX−0.049%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 Deribit

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. Deribit is 0.049% cheaper against GMX than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 24 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX QQQ/USD [ETH-USDC]	742.10	L −0.0166% / S +0.0256%	get 0.0021% / 1h	1m 58s	$25K	—	26x
Short	Deribit QQQ_USDC-PERPETUAL	741.73	0	get 0.0000% / 1h	1m 58s	$424K	$155K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.049%Rate

Funding earned: $34.85
Price spread: −0.049% → 0.000%: −$4.92
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $10.94
Costs to cover: 0.190%
Break-even: 4.8 days

Slippage unknown: GMX: no order-book sample; Deribit: live order book, 42 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 Deribit live order book, 42 min ago	0.07 bp	3.8 bp −$4	5.8 bp −$58	doesn't fit	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 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 −0.0166% / S +0.0256%	1h	742.10	long leg	$25K	—	26x
Gate QQQ_USDT	−0.0059%	8h	741.37	−0.098%	$3.4M	$21.6M	50x	as long as short
Ondo Perps QQQ-USD.P	−0.0024%	1h	740.51	−0.214%	$4.2M	$1.8M	20x	as long as short
Aster QQQUSDT	0.0000%	8h	741.95	−0.019%	$823K	$858K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	741.86	−0.032%	$10.5M	$5.2M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	741.83	−0.036%	$21.4M	$28.3M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	741.76	−0.045%	$5.4M	$6.3M	25x	as long as short
Bitget QQQUSDT	0.0000%	8h	742.12	+0.003%	$16.6M	$5.5M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	741.89	−0.028%	$16.9M	$7.3M	—	as long as short
SunX QQQ-USDT	0.0000%	8h	742.84	+0.100%	$2K	$1.8M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit QQQ_USDC-PERPETUALshort	0.0000%	1h	741.73	−0.049%	$424K	$155K	20x
HTX QQQ-USDT	0.0000%	8h	742.18	+0.011%	$251K	$41K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	742.37	+0.037%	$362K	$1.6M	10x	as long as short
Binance QQQUSDT	+0.0003%	8h	741.99	−0.014%	$70.0M	$143.9M	25x	as long as short
BloFin QQQ-USDT	+0.0014%	8h	741.63	−0.063%	$1.1M	$271K	20x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0016%	1h	741.37	−0.098%	$1.2M	$489K	20x	as long as short
Lighter QQQ	+0.0032%	1h	741.82	−0.037%	$7.7M	$15.6M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	742.16	+0.009%	$37.1M	$81.4M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	741.10	−0.134%	$686K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	742.96	+0.117%	—	$337K	50x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	741.53	−0.076%	$3.4M	$356K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	741.40	−0.094%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	741.75	−0.046%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	741.29	−0.108%	$92K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0118%	1h	741.55	−0.073%	$1.6M	$764K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0119%	8h	742.00	−0.012%	$314K	$2.0M	10x	as long as short
Phoenix QQQ	+0.0205%	1h	741.67	−0.057%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0298%	4h	741.83	−0.035%	$758K	$336K	20x	as long as short