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: SunX against KuCoin+0.110%7-day average +0.088% · you sell dearer than you buy

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$870.868% of the position

Long on KuCoin Short on SunX

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)+0.025%+$2 · spread now +0.110%, 7d avg +0.088%

Together, before fees−0.178%−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.022% dearer against KuCoin than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of +0.088%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin QQQUSDTM	744.12	0.0100	pay 0.0100% / 8h	4h 36m	$3.4M	$389K	20x
Short	SunX QQQ-USDT	744.94	0	get 0.0000% / 8h	4h 36m	$2K	$1.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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 KuCoinbpFee SunXbpOrdersPrice spread, now +0.110%Rate

Funding earned: −$21
Price spread: +0.110% → +0.088%: $2.19
Slippage, 4 orders: −$66.77
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$105.58
Costs to cover: 0.868%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; SunX: live order book, 9 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, 5 min ago	2.15 bp	8.4 bp −$8	83.1 bp −$831	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	21.61 bp	38.1 bp −$38	doesn't fit	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	−0.0136%	1h	742.94	−0.159%	$4.2M	$1.8M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0121% / S +0.0222%	1h	744.49	+0.049%	$25K	—	26x	as long as short
BloFin QQQ-USDT	−0.0021%	8h	744.29	+0.023%	$1.1M	$271K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	744.45	+0.044%	$841K	$714K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	744.43	+0.042%	$10.7M	$5.0M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	744.29	+0.023%	$21.5M	$26.9M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	744.54	+0.057%	$5.4M	$7.5M	25x	as long as short
Gate QQQ_USDT	0.0000%	8h	743.89	−0.031%	$3.3M	$20.8M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	744.62	+0.067%	$16.9M	$5.7M	20x	as long as short
SunX QQQ-USDTshort	0.0000%	8h	744.94	+0.110%	$2K	$1.9M	10x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX QQQ-USDT	0.0000%	8h	744.70	+0.078%	$257K	$29K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	744.81	+0.093%	$361K	$1.5M	10x	as long as short
Variational Omni QQQ	+0.0006%	8h	744.39	+0.036%	$17.1M	$7.5M	—	as long as short
Coinbase International QQQ-PERP-INTX	+0.0008%	1h	743.96	−0.022%	$1.2M	$536K	20x	as long as short
Lighter QQQ	+0.0032%	1h	744.29	+0.023%	$7.7M	$16.3M	30x	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.75	−0.050%	$700K	$1.6M	25x	as long as short
Binance QQQUSDT	+0.0041%	8h	744.48	+0.049%	$71.1M	$141.8M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	745.45	+0.179%	—	$337K	50x	as long as short
Lighter RH QQQ	+0.0048%	1h	744.77	+0.087%	$36.9M	$78.9M	50x	as long as short
Nado QQQ-PERP	+0.0096%	1h	744.19	+0.009%	$1.5M	$876K	20x	as long as short
KuCoin QQQUSDTMlong	+0.0100%	8h	744.12	long leg	$3.4M	$389K	20x
ApeX Omni QQQUSDT	+0.0100%	1h	744.14	+0.003%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	744.18	+0.008%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.65	−0.063%	$93K	$1K	10x	as long as short
GRVT QQQ_USDT_Perp	+0.0114%	8h	744.62	+0.067%	$319K	$1.9M	10x	as long as short
Phoenix QQQ	+0.0129%	1h	744.01	−0.015%	$38K	$66K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0261%	1h	744.40	+0.038%	$425K	$149K	20x	as long as short
edgeX QQQUSDC	+0.0636%	4h	744.35	+0.031%	$761K	$334K	20x	as long as short