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: Orderly against HTX−0.047%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 0.047% cheaper against HTX than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 38 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 | 742.18 | 0 | get 0.0000% / 8h | 2h 33m | $251K | $40K | 30x |
| Short | Orderly PERP_QQQ_USDC_mythos | 741.83 | 0.0100 | get 0.0100% / 8h | 2h 33m | $12K | $21K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $21
- Price spread: −0.047% → 0.000%
- −$4.72
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$1.72
- Costs to cover
- 0.180%
- Break-even
- 7.6 days
Slippage unknown: HTX: live order book, 13 min ago; Orderly: no order-book sample. Net counts fees only.
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, 13 min ago | 2.69 bp | 8.7 bp −$9 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0147% / S +0.0242% | 1h | 742.10 | −0.011% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.12 | −0.009% | $823K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.09 | −0.012% | $69.8M | $143.6M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.16 | −0.003% | $10.6M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.82 | −0.049% | $21.6M | $28.0M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.09 | −0.012% | $5.4M | $7.0M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.54 | −0.086% | $3.3M | $21.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.23 | +0.007% | $16.6M | $5.7M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.38 | +0.027% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.66 | +0.065% | $2K | $1.9M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.01 | −0.023% | $1.2M | $538K | 20x | as long as short |
| HTX QQQ-USDTlong | 0.0000% | 8h | 742.18 | long leg | $251K | $40K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 742.37 | +0.026% | $361K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0006% | 8h | 742.26 | +0.011% | $1.1M | $247K | 20x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0030% | 1h | 741.09 | −0.147% | $4.2M | $1.8M | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.02 | −0.022% | $7.7M | $15.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.36 | +0.024% | $36.8M | $79.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.25 | −0.125% | $693K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.09 | +0.123% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0080% | 8h | 742.68 | +0.067% | $320K | $2.0M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.81 | −0.050% | $3.4M | $355K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.91 | −0.036% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythosshort | +0.0100% | 8h | 741.83 | −0.047% | $12K | $21K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.36 | −0.111% | $92K | $1K | 10x | as long as short |
| edgeX QQQUSDC | +0.0113% | 4h | 742.40 | +0.029% | $759K | $335K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 741.82 | −0.049% | $38K | $66K | 20x | as long as short |
| Nado QQQ-PERP | +0.0130% | 1h | 741.77 | −0.056% | $1.5M | $764K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0208% | 1h | 741.92 | −0.035% | $424K | $152K | 20x | as long as short |
HTX QQQ-USDT
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
Phemex QQQUSDT
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
edgeX QQQUSDC
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL