Funding you earn now, next payment 08:00 UTC+0.0841%/8h= +92.0% APRpaid last 24h +0.035%
Price spread now: edgeX against KuCoin+0.035%7-day average +0.023% · 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−$39as in the Price arb table
costs, in and out, $10k−$400.398% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.035%, 7d avg +0.023%
=Together, before fees−0.118%+ Points / potential airdropedgeX: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$25 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QQQUSDTM | 741.98 | 0.0100 | pay 0.0100% / 8h | 1h 53m | $3.4M | $353K | 20x |
| Short | edgeX QQQUSDC | 742.24 | 0.0941 | get 0.0470% / 4h | 1h 53m | $759K | $334K | 20x |
KuCoin QQQUSDTM
edgeX QQQUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $176.53
- Price spread: +0.035% → +0.023%
- $1.26
- Slippage, 4 orders
- −$18.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $137.96
- Costs to cover
- 0.398%
- Break-even
- 1.5 days
Slippage from KuCoin: live order book, 4 min ago; edgeX: live order book, 56 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, 4 min ago | 1.48 bp | 9.0 bp −$9 | 85.9 bp −$859 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 56 min ago | 4.11 bp | 8.7 bp −$9 | 9.7 bp −$97 | 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 −0.0155% / S +0.0248% | 1h | 742.39 | +0.056% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0022% | 1h | 741.60 | −0.051% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.34 | +0.048% | $823K | $858K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.40 | +0.057% | $70.2M | $145.5M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.39 | +0.055% | $10.6M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.12 | +0.019% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.23 | +0.034% | $5.4M | $6.3M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.73 | −0.034% | $3.3M | $21.4M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.45 | +0.063% | $16.6M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.21 | +0.030% | $16.9M | $7.3M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Binance 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 | 742.88 | +0.121% | $2K | $1.8M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.60 | +0.084% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.49 | +0.069% | $365K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.73 | −0.034% | $1.2M | $551K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0029% | 8h | 742.05 | +0.009% | $1.1M | $278K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.14 | +0.022% | $7.6M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.51 | +0.071% | $36.9M | $79.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.45 | −0.071% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.22 | +0.167% | — | $337K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0087% | 1h | 742.08 | +0.013% | $424K | $153K | 20x | as long as short |
| KuCoin QQQUSDTMlong | +0.0100% | 8h | 741.98 | long leg | $3.4M | $353K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.98 | 0.000% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.06 | +0.011% | $12K | $21K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0103% | 8h | 742.52 | +0.073% | $318K | $2.0M | 10x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.60 | −0.051% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0148% | 1h | 741.84 | −0.018% | $1.5M | $749K | 20x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.83 | −0.020% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDCshort | +0.0941% | 4h | 742.24 | +0.035% | $759K | $334K | 20x |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Deribit QQQ_USDC-PERPETUAL
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
GRVT QQQ_USDT_Perp
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ