Funding you earn now, next payment 16:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.28 per $10,000 · paid last 24h +0.015%
Price spread now: BloFin against HTX−0.046%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$320.317% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)+0.328%+$33 · spread now −0.046%, 7d avg −0.032%
=The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX QQQ-USDT | 740.35 | 0 | get 0.0000% / 8h | 7h 32m | $250K | $41K | 30x |
| Short | BloFin QQQ-USDT | 740.01 | 0.0028 | get 0.0028% / 8h | 7h 32m | $1.1M | $274K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against HTX. 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
- $5.79
- Price spread: −0.046% → −0.032%
- −$1.34
- Slippage, 4 orders
- −$7.68
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$27.23
- Costs to cover
- 0.317%
- Break-even
- 39.9 days
Slippage from HTX: live order book, 64 min ago; BloFin: live order book, 5 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 HTX live order book, 64 min ago | 2.69 bp | 8.7 bp −$9 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.07 bp | 8.2 bp −$8 | 8.8 bp −$88 | 12.0 bp −$1,200 | 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 −0.0185% / S +0.0271% | 1h | 739.97 | −0.052% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 739.90 | −0.061% | $822K | $869K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 739.94 | −0.055% | $10.6M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 739.68 | −0.090% | $21.5M | $28.2M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 739.84 | −0.069% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 739.48 | −0.118% | $3.4M | $20.6M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 740.07 | −0.038% | $16.5M | $5.1M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 740.50 | +0.020% | $2K | $1.7M | 10x | as long as short |
| HTX QQQ-USDTlong | 0.0000% | 8h | 740.35 | long leg | $250K | $41K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 740.33 | −0.003% | $364K | $1.6M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QQQ | +0.0002% | 8h | 740.22 | −0.017% | $16.7M | $7.2M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0024% | 1h | 740.02 | −0.045% | $1.2M | $495K | 20x | as long as short |
| BloFin QQQ-USDTshort | +0.0028% | 8h | 740.01 | −0.046% | $1.1M | $274K | 20x | |
| Binance QQQUSDT | +0.0031% | 8h | 739.96 | −0.053% | $70.1M | $139.9M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 739.63 | −0.097% | $7.6M | $15.3M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 740.08 | −0.036% | $37.5M | $79.7M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 739.15 | −0.162% | $646K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 740.87 | +0.070% | — | $337K | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 739.25 | −0.149% | $4.2M | $1.8M | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 739.63 | −0.097% | $3.4M | $384K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 739.84 | −0.069% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 739.74 | −0.082% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 739.26 | −0.147% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0154% | 1h | 739.52 | −0.112% | $1.6M | $744K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0169% | 1h | 739.71 | −0.086% | $423K | $136K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0186% | 8h | 740.44 | +0.012% | $326K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0248% | 1h | 739.82 | −0.072% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0774% | 4h | 740.23 | −0.017% | $757K | $336K | 20x | as long as short |
HTX QQQ-USDT
BloFin QQQ-USDT
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC