Funding you earn now, next payment 16:00 UTC+0.0300%/8h= +32.8% APRnext payment +$3.00 per $10,000 · paid last 24h +0.055%
Price spread now: GRVT against HTX−0.021%7-day average +0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$280.276% of the position
Funding, last 7 days+0.287%+$29 on $10k
+Price spread, last 4 days (all we have)+0.193%+$19 · spread now −0.021%, 7d avg +0.021%
=Together, before fees+0.479%+ Points / potential airdropGRVT: Active · farm board+$48 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.042% cheaper against HTX than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.021%). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.287% in total) that is about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX QQQ-USDT | 742.27 | 0 | get 0.0000% / 8h | 7h 00m | $251K | $38K | 30x |
| Short | GRVT QQQ_USDT_Perp | 742.11 | 0.0300 | get 0.0300% / 8h | 7h 00m | $322K | $2.0M | 10x |
HTX QQQ-USDT
GRVT QQQ_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $63
- Price spread: −0.021% → +0.021%
- −$4.25
- Slippage, 4 orders
- −$6.62
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $31.13
- Costs to cover
- 0.276%
- Break-even
- 3.5 days
Slippage from HTX: live order book, 31 min ago; GRVT: 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 HTX live order book, 31 min ago | 2.70 bp | 8.7 bp −$9 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 2 min ago | 0.61 bp | 5.1 bp −$5 | 5.6 bp −$56 | 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 −0.0191% / S +0.0276% | 1h | 742.04 | −0.030% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.97 | −0.040% | $857K | $902K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.79 | −0.065% | $21.6M | $30.1M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.70 | −0.077% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.48 | −0.106% | $3.4M | $21.1M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.00 | −0.036% | $16.5M | $5.2M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.67 | +0.054% | $2K | $1.6M | 10x | as long as short |
| HTX QQQ-USDTlong | 0.0000% | 8h | 742.27 | long leg | $251K | $38K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 742.51 | +0.032% | $358K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0023% | 8h | 741.88 | −0.053% | $1.1M | $280K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | +0.0024% | 1h | 741.51 | −0.102% | $1.2M | $510K | 20x | as long as short |
| Variational Omni QQQ | +0.0027% | 8h | 741.87 | −0.054% | $16.7M | $7.2M | — | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.65 | −0.084% | $7.7M | $15.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.08 | −0.026% | $38.3M | $82.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.24 | −0.139% | $647K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.95 | +0.092% | — | $337K | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0049% | 1h | 740.78 | −0.201% | $4.2M | $1.8M | 20x | as long as short |
| Binance QQQUSDT | +0.0053% | 8h | 741.97 | −0.041% | $70.7M | $141.5M | 25x | as long as short |
| Bybit QQQUSDT | +0.0071% | 8h | 742.06 | −0.028% | $10.7M | $5.0M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.53 | −0.100% | $3.4M | $409K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.54 | −0.098% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.81 | −0.062% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.31 | −0.129% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0128% | 1h | 741.72 | −0.074% | $424K | $125K | 20x | as long as short |
| Nado QQQ-PERP | +0.0144% | 1h | 741.61 | −0.089% | $1.6M | $752K | 20x | as long as short |
| Phoenix QQQ | +0.0248% | 1h | 741.49 | −0.105% | $38K | $65K | 20x | as long as short |
| GRVT QQQ_USDT_Perpshort | +0.0300% | 8h | 742.11 | −0.021% | $322K | $2.0M | 10x | |
| edgeX QQQUSDC | +0.0565% | 4h | 741.97 | −0.040% | $759K | $336K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Ondo Perps QQQ-USD.P
Binance QQQUSDT
Bybit QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC