QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0065%/8h= −7.1% APRnext payment −$0.65 per $10,000 · paid last 24h −0.065%

Price spread now: Gate against GRVT−0.107%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$340.339% of the position

Long on GRVT Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.307%−$31 on $10k

Price spread, last 7 days+0.107%+$11 · spread now −0.107%, 7d avg −0.056%

Together, before fees−0.200%+ Points / potential airdropGRVT: Active · farm board−$20 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.051% cheaper against GRVT than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.056%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT QQQ_USDT_Perp	741.14	0.0063	pay 0.0063% / 8h	7h 51m	$326K	$2.0M	10x
Short	Gate QQQ_USDT	740.35	−0.0002	pay 0.0002% / 8h	7h 51m	$3.4M	$20.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against GRVT. 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 GRVTbpFee GatebpOrdersPrice spread, now −0.107%Rate

Funding earned: −$13.65
Price spread: −0.107% → −0.056%: −$5.09
Slippage, 4 orders: −$9.86
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$52.6
Costs to cover: 0.339%
Break-even: never at this rate

Slippage from GRVT: live order book, 2 min ago; Gate: live order book, 2 min ago.

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, 2 min ago	0.54 bp	5.0 bp −$5	5.6 bp −$56	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	1.96 bp	10.8 bp −$11	13.3 bp −$133	doesn't fit	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 −0.0180% / S +0.0268%	1h	740.88	−0.036%	$25K	—	26x	as long as short
Gate QQQ_USDTshort	−0.0002%	8h	740.35	−0.107%	$3.4M	$20.5M	50x
Aster QQQUSDT	0.0000%	8h	741.02	−0.016%	$823K	$865K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	741.06	−0.011%	$10.7M	$4.9M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	740.80	−0.046%	$21.6M	$28.3M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	740.83	−0.041%	$5.4M	$5.8M	25x	as long as short
Bitget QQQUSDT	0.0000%	8h	741.04	−0.013%	$16.5M	$5.2M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	741.37	+0.031%	$16.8M	$7.2M	—	as long as short
SunX QQQ-USDT	0.0000%	8h	741.32	+0.024%	$2K	$1.7M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	741.13	−0.001%	$250K	$41K	30x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex QQQUSDT	0.0000%	8h	741.07	−0.009%	$361K	$1.6M	10x	as long as short
BloFin QQQ-USDT	+0.0003%	8h	740.91	−0.031%	$1.1M	$274K	20x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0024%	1h	740.49	−0.088%	$1.2M	$489K	20x	as long as short
Binance QQQUSDT	+0.0027%	8h	741.09	−0.006%	$70.3M	$140.1M	25x	as long as short
Lighter QQQ	+0.0032%	1h	740.85	−0.039%	$7.7M	$15.0M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	741.18	+0.005%	$37.5M	$78.8M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	740.09	−0.142%	$646K	$1.7M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	741.98	+0.113%	—	$337K	50x	as long as short
Ondo Perps QQQ-USD.P	+0.0050%	1h	739.85	−0.174%	$4.2M	$1.8M	20x	as long as short
GRVT QQQ_USDT_Perplong	+0.0063%	8h	741.14	long leg	$326K	$2.0M	10x
KuCoin QQQUSDTM	+0.0100%	8h	740.67	−0.063%	$3.4M	$367K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	740.52	−0.084%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	740.65	−0.066%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	740.15	−0.134%	$92K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0151%	1h	740.58	−0.076%	$1.6M	$744K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0155%	1h	740.62	−0.070%	$423K	$156K	20x	as long as short
edgeX QQQUSDC	+0.0210%	4h	740.86	−0.038%	$757K	$335K	20x	as long as short
Phoenix QQQ	+0.0248%	1h	740.42	−0.097%	$38K	$65K	20x	as long as short