Funding you earn now, next payment 05:00 UTC+0.0138%/8h= +15.2% APRpaid last 24h +0.003%
Price spread now: HTX against GMX+0.024%52s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and HTX is 0.024% dearer against GMX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 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 | GMX QQQ/USD [ETH-USDC] | 743.25 | L −0.0138% / S +0.0235% | get 0.0017% / 1h | 15m 24s | $25K | — | 26x |
| Short | HTX QQQ-USDT | 743.43 | 0 | get 0.0000% / 8h | 3h 15m | $257K | $29K | 30x |
GMX QQQ/USD [ETH-USDC]
HTX QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- $29.07
- Price spread: +0.024% → 0.000%
- $2.35
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $7.42
- Costs to cover
- 0.240%
- Break-even
- 5.2 days
Slippage unknown: GMX: no order-book sample; HTX: live order book, 36 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 HTX live order book, 36 min ago | 2.69 bp | 8.7 bp −$9 | 15.5 bp −$155 | 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 −0.0138% / S +0.0235% | 1h | 743.25 | long leg | $25K | — | 26x | |
| Ondo Perps QQQ-USD.P | −0.0022% | 1h | 742.45 | −0.108% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.86 | −0.053% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.23 | −0.003% | $70.3M | $142.8M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.26 | +0.001% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.98 | −0.037% | $21.5M | $27.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.67 | −0.079% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.32 | +0.009% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.13 | −0.016% | $17.1M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.69 | +0.059% | $1K | $1.9M | 10x | as long as short |
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.78 | −0.064% | $1.2M | $537K | 20x | as long as short |
| HTX QQQ-USDTshort | 0.0000% | 8h | 743.43 | +0.024% | $257K | $29K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 743.45 | +0.026% | $360K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0002% | 8h | 743.11 | −0.020% | $1.1M | $246K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.31 | +0.007% | $5.4M | $7.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.08 | −0.024% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.43 | +0.024% | $37.0M | $79.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.30 | −0.128% | $705K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.14 | +0.119% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0067% | 8h | 743.40 | +0.019% | $321K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0084% | 1h | 742.85 | −0.055% | $1.5M | $757K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.87 | −0.052% | $3.4M | $342K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.84 | −0.056% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.97 | −0.038% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.44 | −0.109% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0114% | 1h | 742.98 | −0.037% | $424K | $151K | 20x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.48 | −0.104% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0856% | 4h | 743.06 | −0.026% | $760K | $336K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
Phemex QQQUSDT
BloFin QQQ-USDT
RISEx QQQ/USDC
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ
edgeX QQQUSDC