Funding you earn now, next payment 00:00 UTC+0.0002%/8h= +0.2% APRpaid last 24h +0.088%
Price spread now: RISEx against GRVT−0.006%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$170.170% of the position
Funding, last 3 days (all we have)+0.155%+$16 on $10k
+Price spread, last 3 days (all we have)+0.023%+$2 · spread now −0.006%, 7d avg +0.016%
=Together, before fees+0.179%+ Points / potential airdropGRVT: Active · farm board+$18 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: RISEx is 0.021% cheaper against GRVT than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT QQQ_USDT_Perp | 743.70 | 0.0191 | pay 0.0191% / 8h | 15m 20s | $323K | $1.8M | 10x |
| Short | RISEx QQQ/USDC | 743.66 | 0.0193 | get 0.0024% / 1h | 15m 20s | $5.4M | $8.9M | 25x |
GRVT QQQ_USDT_Perp
RISEx QQQ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $0.4
- Price spread: −0.006% → +0.016%
- −$2.14
- Slippage, 4 orders
- −$2.04
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$18.77
- Costs to cover
- 0.170%
- Break-even
- 332.3 days
Slippage from GRVT: live order book, 3 min ago; RISEx: live order book, 4 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, 3 min ago | 0.54 bp | 5.1 bp −$5 | 6.8 bp −$68 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 4 min ago | 0.47 bp | 3.5 bp −$3 | 4.0 bp −$40 | 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 −0.0076% / S +0.0186% | 1h | 743.58 | −0.017% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0038% | 1h | 741.70 | −0.269% | $4.2M | $2.1M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0011% | 8h | 743.09 | −0.082% | $1.1M | $320K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.36 | −0.046% | $845K | $783K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.39 | −0.042% | $21.6M | $27.5M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.35 | −0.047% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.01 | +0.042% | $2K | $2.3M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.15 | −0.074% | $257K | $25K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.91 | +0.028% | $363K | $1.4M | 10x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.70 | 0.000% | $37.5M | $80.6M | 50x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Lighter RH QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0040% | 1h | 742.88 | −0.110% | $747K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.04 | +0.046% | — | $621K | 50x | as long as short |
| Variational Omni QQQ | +0.0046% | 8h | 743.47 | −0.031% | $17.6M | $10.3M | — | as long as short |
| Lighter QQQ | +0.0064% | 1h | 743.41 | −0.039% | $7.6M | $20.9M | 30x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.85 | −0.114% | $1.2M | $865K | 20x | as long as short |
| Binance QQQUSDT | +0.0075% | 8h | 743.58 | −0.016% | $71.1M | $160.5M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.06 | −0.086% | $3.4M | $415K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.10 | −0.081% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.23 | −0.063% | $12K | $21K | 20x | as long as short |
| Bybit QQQUSDT | +0.0101% | 8h | 743.65 | −0.007% | $10.7M | $5.2M | 50x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.84 | −0.116% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0172% | 1h | 743.08 | −0.083% | $1.5M | $1.3M | 20x | as long as short |
| Bitget QQQUSDT | +0.0181% | 8h | 743.58 | −0.016% | $16.9M | $7.0M | 20x | as long as short |
| GRVT QQQ_USDT_Perplong | +0.0191% | 8h | 743.70 | long leg | $323K | $1.8M | 10x | |
| RISEx QQQ/USDCshort | +0.0193% | 1h | 743.66 | −0.006% | $5.4M | $8.9M | 25x | |
| Phoenix QQQ | +0.0194% | 1h | 743.10 | −0.081% | $38K | $73K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0248% | 1h | 743.40 | −0.040% | $425K | $164K | 20x | as long as short |
| edgeX QQQUSDC | +0.0915% | 4h | 743.51 | −0.026% | $760K | $337K | 20x | as long as short |
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Lighter QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Bybit QQQUSDT
Aevo QQQ-PERP
Nado QQQ-PERP
Bitget QQQUSDT
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC