Funding you earn now, next payment 04:00 UTC−0.0054%/8h= −5.9% APRpaid last 24h −0.017%
Price spread now: Deribit against KuCoin+0.001%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$360.358% of the position
Funding, last 5 days (all we have)−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.001%, 7d avg −0.017%
=The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$2 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 | 744.02 | 0.0100 | pay 0.0100% / 8h | 4h 14m | $3.4M | $362K | 20x |
| Short | Deribit QQQ_USDC-PERPETUAL | 744.03 | 0.0046 | get 0.0006% / 1h | 14m 01s | $425K | $150K | 20x |
KuCoin QQQUSDTM
Deribit QQQ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$11.39
- Price spread: +0.001% → −0.017%
- $1.8
- Slippage, 4 orders
- −$16.77
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$45.35
- Costs to cover
- 0.358%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; Deribit: live order book, 45 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, 3 min ago | 1.81 bp | 8.2 bp −$8 | 81.4 bp −$814 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 45 min ago | 0.07 bp | 7.4 bp −$7 | 9.3 bp −$93 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0142% | 1h | 743.30 | −0.097% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0126% / S +0.0225% | 1h | 744.29 | +0.037% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0006% | 8h | 744.16 | +0.019% | $1.1M | $261K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.27 | +0.033% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.31 | +0.039% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.16 | +0.019% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.39 | +0.050% | $5.4M | $7.4M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.76 | −0.035% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.47 | +0.060% | $16.9M | $5.7M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 744.30 | +0.038% | $17.1M | $7.4M | — | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
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 | 744.75 | +0.098% | $2K | $1.9M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.65 | +0.085% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.55 | +0.071% | $362K | $1.5M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.80 | −0.030% | $1.2M | $536K | 20x | as long as short |
| Binance QQQUSDT | +0.0026% | 8h | 744.29 | +0.036% | $71.0M | $141.5M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.14 | +0.016% | $7.7M | $16.4M | 30x | as long as short |
| edgeX QQQUSDC | +0.0035% | 4h | 744.25 | +0.031% | $761K | $336K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.69 | −0.044% | $698K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.29 | +0.171% | — | $337K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUALshort | +0.0046% | 1h | 744.03 | +0.001% | $425K | $150K | 20x | |
| Lighter RH QQQ | +0.0048% | 1h | 744.59 | +0.077% | $37.0M | $79.6M | 50x | as long as short |
| Nado QQQ-PERP | +0.0092% | 1h | 743.92 | −0.014% | $1.5M | $840K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0093% | 8h | 744.46 | +0.059% | $324K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTMlong | +0.0100% | 8h | 744.02 | long leg | $3.4M | $362K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.01 | −0.001% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.02 | 0.000% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.45 | −0.077% | $93K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 743.94 | −0.011% | $38K | $66K | 20x | as long as short |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
edgeX QQQUSDC
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter RH QQQ
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ