QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against HTX−0.090%7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$400.400% of the position

Long on HTX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.203%+$20 on $10k

Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.090%, 7d avg −0.063%

Together, before fees+0.271%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.027% cheaper against HTX than usual: you would sell low and buy high (spread −0.090% now, against its 7-day average of −0.063%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX QQQ-USDT	742.14	0	get 0.0000% / 8h	1h 25m	$251K	$41K	30x
Short	KuCoin QQQUSDTM	741.47	0.0100	get 0.0100% / 8h	1h 25m	$3.4M	$353K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against HTX. 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 HTXbpFee KuCoinbpOrdersPrice spread, now −0.090%Rate

Funding earned: $21
Price spread: −0.090% → −0.063%: −$2.72
Slippage, 4 orders: −$15.98
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$21.7
Costs to cover: 0.400%
Break-even: 14.2 days

Slippage from HTX: live order book, 16 min ago; KuCoin: 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, 16 min ago	2.69 bp	8.7 bp −$9	9.9 bp −$99	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	1.48 bp	13.5 bp −$14	119.8 bp −$1,198	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 −0.0161% / S +0.0252%	1h	742.09	−0.007%	$25K	—	26x	as long as short
Gate QQQ_USDT	−0.0027%	8h	741.33	−0.109%	$3.3M	$21.5M	50x	as long as short
Aster QQQUSDT	0.0000%	8h	741.87	−0.036%	$823K	$858K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	741.88	−0.035%	$10.5M	$5.2M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	741.76	−0.051%	$21.4M	$28.4M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	741.76	−0.052%	$5.5M	$6.3M	25x	as long as short
Bitget QQQUSDT	0.0000%	8h	742.17	+0.004%	$16.6M	$5.4M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	741.98	−0.022%	$16.9M	$7.3M	—	as long as short
SunX QQQ-USDT	0.0000%	8h	742.83	+0.093%	$2K	$1.8M	10x	as long as short
HTX QQQ-USDTlong	0.0000%	8h	742.14	long leg	$251K	$41K	30x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex QQQUSDT	0.0000%	8h	742.15	+0.001%	$365K	$1.6M	10x	as long as short
Ondo Perps QQQ-USD.P	+0.0002%	1h	741.10	−0.140%	$4.2M	$1.8M	20x	as long as short
Binance QQQUSDT	+0.0003%	8h	741.95	−0.026%	$70.0M	$144.6M	25x	as long as short
BloFin QQQ-USDT	+0.0004%	8h	741.75	−0.053%	$1.1M	$271K	20x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0016%	1h	741.55	−0.079%	$1.2M	$550K	20x	as long as short
Lighter QQQ	+0.0032%	1h	741.72	−0.057%	$7.7M	$15.5M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	742.09	−0.007%	$37.0M	$80.6M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	741.16	−0.132%	$686K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	742.94	+0.108%	—	$337K	50x	as long as short
KuCoin QQQUSDTMshort	+0.0100%	8h	741.47	−0.090%	$3.4M	$353K	20x
ApeX Omni QQQUSDT	+0.0100%	1h	741.57	−0.077%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	741.68	−0.062%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	741.20	−0.126%	$92K	$1K	10x	as long as short
GRVT QQQ_USDT_Perp	+0.0116%	8h	742.17	+0.004%	$322K	$2.0M	10x	as long as short
Nado QQQ-PERP	+0.0132%	1h	741.66	−0.064%	$1.5M	$764K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0141%	1h	741.68	−0.062%	$424K	$154K	20x	as long as short
Phoenix QQQ	+0.0205%	1h	741.63	−0.069%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0573%	4h	741.92	−0.030%	$759K	$334K	20x	as long as short