Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.010%
Price spread now: Bitget against KuCoin+0.085%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$420.415% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now +0.085%, 7d avg +0.078%
=The price spread sits at its 7-day average of +0.078%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QQQUSDTM | 741.39 | 0.0100 | pay 0.0100% / 8h | 15m 05s | $3.4M | $351K | 20x |
| Short | Bitget QQQUSDT | 742.02 | 0 | get 0.0000% / 8h | 15m 05s | $16.5M | $5.3M | 20x |
KuCoin QQQUSDTM
Bitget QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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: +0.085% → +0.078%
- $0.71
- Slippage, 4 orders
- −$17.53
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$61.82
- Costs to cover
- 0.415%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; Bitget: 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 KuCoin live order book, 2 min ago | 1.62 bp | 7.8 bp −$8 | 84.0 bp −$840 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.07 bp | 6.7 bp −$7 | 9.2 bp −$92 | 13.8 bp −$1,381 | 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 −0.0176% / S +0.0264% | 1h | 741.87 | +0.064% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0155% | 1h | 740.43 | −0.129% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0090% | 8h | 741.23 | −0.022% | $3.3M | $21.7M | 50x | as long as short |
| BloFin QQQ-USDT | −0.0026% | 8h | 741.60 | +0.028% | $1.1M | $275K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.89 | +0.068% | $824K | $863K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.83 | +0.059% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.59 | +0.027% | $21.4M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.57 | +0.024% | $5.4M | $5.9M | 25x | as long as short |
| Bitget QQQUSDTshort | 0.0000% | 8h | 742.02 | +0.085% | $16.5M | $5.3M | 20x | |
| Variational Omni QQQ | 0.0000% | 8h | 741.75 | +0.049% | $16.8M | $7.2M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Gate QQQ_USDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.14 | +0.101% | $2K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.05 | +0.089% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.36 | +0.131% | $359K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.15 | −0.032% | $1.2M | $489K | 20x | as long as short |
| Binance QQQUSDT | +0.0022% | 8h | 741.90 | +0.069% | $70.3M | $141.1M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.65 | +0.035% | $7.7M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.99 | +0.081% | $37.2M | $81.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 740.97 | −0.057% | $647K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.75 | +0.183% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTMlong | +0.0100% | 8h | 741.39 | long leg | $3.4M | $351K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.29 | −0.013% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.54 | +0.020% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.08 | −0.042% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0137% | 1h | 741.27 | −0.016% | $1.6M | $748K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0140% | 8h | 741.92 | +0.071% | $314K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.45 | +0.008% | $38K | $65K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0236% | 1h | 741.69 | +0.040% | $424K | $156K | 20x | as long as short |
| edgeX QQQUSDC | +0.0752% | 4h | 741.76 | +0.050% | $758K | $337K | 20x | as long as short |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC