Funding you earn now, next payment 06:00 UTC+0.0149%/8h= +16.3% APRnext payment +$0.19 per $10,000 · paid last 24h +0.059%
Price spread now: RISEx against GMX−0.022%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. RISEx is 0.022% cheaper against GMX than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 12 hours 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] | 742.30 | L −0.0149% / S +0.0243% | get 0.0019% / 1h | 24m 10s | $25K | — | 26x |
| Short | RISEx QQQ/USDC | 742.14 | 0 | get 0.0000% / 1h | 24m 10s | $5.4M | $6.9M | 25x |
GMX QQQ/USD [ETH-USDC]
RISEx QQQ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $31.29
- Price spread: −0.022% → 0.000%
- −$2.16
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $11.13
- Costs to cover
- 0.180%
- Break-even
- 4.5 days
Slippage unknown: GMX: no order-book sample; RISEx: live order book, 5 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 RISEx live order book, 5 min ago | 0.61 bp | 5.1 bp −$5 | 5.7 bp −$57 | 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 −0.0149% / S +0.0243% | 1h | 742.30 | long leg | $25K | — | 26x | |
| BloFin QQQ-USDT | −0.0007% | 8h | 741.73 | −0.077% | $1.1M | $277K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.17 | −0.018% | $823K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.30 | 0.000% | $69.9M | $144.0M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.14 | −0.022% | $10.6M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.08 | −0.030% | $21.6M | $28.0M | 50x | as long as short |
| RISEx QQQ/USDCshort | 0.0000% | 1h | 742.14 | −0.022% | $5.4M | $6.9M | 25x | |
| Gate QQQ_USDT | 0.0000% | 8h | 741.61 | −0.094% | $3.3M | $21.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.39 | +0.011% | $16.6M | $5.7M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.86 | −0.060% | $16.9M | $7.3M | — | as long as short |
BloFin QQQ-USDT
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.81 | +0.068% | $2K | $1.8M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 741.53 | −0.104% | $1.2M | $540K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.18 | −0.017% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.47 | +0.022% | $359K | $1.6M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0027% | 1h | 740.88 | −0.192% | $4.2M | $1.8M | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.13 | −0.024% | $7.7M | $15.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.52 | +0.029% | $36.8M | $80.1M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.02 | −0.173% | $690K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.17 | +0.117% | — | $337K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0074% | 1h | 742.01 | −0.040% | $424K | $152K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0082% | 8h | 742.19 | −0.015% | $320K | $2.0M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.81 | −0.067% | $3.4M | $358K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.54 | −0.103% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.94 | −0.049% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.43 | −0.118% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0123% | 1h | 741.72 | −0.078% | $1.5M | $765K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 741.58 | −0.098% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0806% | 4h | 741.79 | −0.070% | $758K | $334K | 20x | as long as short |
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Ondo Perps QQQ-USD.P
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC