Funding you earn now, next payment 08:00 UTC−0.0113%/8h= −12.4% APRnext payment −$1.13 per $10,000 · paid last 24h −0.028%
Price spread now: Bitget against GRVT−0.015%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$230.229% of the position
Funding, last 7 days−0.161%−$16 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.015%, 7d avg −0.014%
=Together, before fees−0.171%+ Points / potential airdropGRVT: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT QQQ_USDT_Perp | 742.02 | 0.0113 | pay 0.0113% / 8h | 1h 33m | $322K | $2.0M | 10x |
| Short | Bitget QQQUSDT | 741.91 | 0 | get 0.0000% / 8h | 1h 33m | $16.6M | $5.6M | 20x |
GRVT QQQ_USDT_Perp
Bitget QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GRVT. 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
- −$23.73
- Price spread: −0.015% → −0.014%
- −$0.06
- Slippage, 4 orders
- −$1.89
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$46.68
- Costs to cover
- 0.229%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 10 min ago; Bitget: live order book, just now.
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 GRVT live order book, 10 min ago | 0.61 bp | 5.1 bp −$5 | 5.4 bp −$54 | doesn't fit | doesn't fit |
| Sell Bitget live order book, just now | 0.07 bp | 6.3 bp −$6 | 8.9 bp −$89 | 13.5 bp −$1,352 | doesn't fit |
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] | L −0.0159% / S +0.0251% | 1h | 741.73 | −0.040% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0019% | 1h | 740.70 | −0.178% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0014% | 8h | 741.18 | −0.113% | $3.3M | $21.5M | 50x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.77 | −0.034% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.82 | −0.027% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.58 | −0.059% | $21.4M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.62 | −0.054% | $5.5M | $6.3M | 25x | as long as short |
| Bitget QQQUSDTshort | 0.0000% | 8h | 741.91 | −0.015% | $16.6M | $5.6M | 20x | |
| Variational Omni QQQ | 0.0000% | 8h | 741.73 | −0.040% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.51 | +0.066% | $2K | $1.8M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Gate QQQ_USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 741.45 | −0.077% | $424K | $154K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.94 | −0.011% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.24 | +0.030% | $361K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0002% | 8h | 741.85 | −0.023% | $70.1M | $144.5M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0003% | 8h | 741.59 | −0.058% | $1.1M | $278K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.27 | −0.101% | $1.2M | $547K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.64 | −0.051% | $7.7M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.01 | −0.001% | $37.0M | $80.2M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.83 | −0.160% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.69 | +0.090% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.37 | −0.088% | $3.4M | $351K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.43 | −0.080% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.50 | −0.070% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.02 | −0.135% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perplong | +0.0113% | 8h | 742.02 | long leg | $322K | $2.0M | 10x | |
| Nado QQQ-PERP | +0.0138% | 1h | 741.29 | −0.099% | $1.5M | $762K | 20x | as long as short |
| edgeX QQQUSDC | +0.0154% | 4h | 741.79 | −0.031% | $758K | $335K | 20x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.41 | −0.082% | $38K | $66K | 20x | as long as short |
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
edgeX QQQUSDC
Phoenix QQQ