Funding you earn now, next payment 07:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.018%
Price spread now: KuCoin against Lighter RH−0.078%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$300.296% of the position
Funding, last 7 days+0.083%+$8 on $10k
+Price spread, last 7 days−0.068%−$7 · spread now −0.078%, 7d avg −0.042%
=Together, before fees+0.015%+ Points / potential airdropLighter RH: Points live · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.036% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.042%). If the spread goes back, that is −$4 on $10k: about 2.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH QQQ | 741.94 | 0.0040 | pay 0.0005% / 1h | 38m 22s | $36.9M | $80.1M | 50x |
| Short | KuCoin QQQUSDTM | 741.36 | 0.0100 | get 0.0100% / 8h | 1h 38m | $3.4M | $352K | 20x |
Lighter RH QQQ
KuCoin QQQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Lighter RH. 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
- $12.6
- Price spread: −0.078% → −0.042%
- −$3.63
- Slippage, 4 orders
- −$17.61
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$20.64
- Costs to cover
- 0.296%
- Break-even
- 18.5 days
Slippage from Lighter RH: live order book, 6 min ago; KuCoin: 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 Lighter RH live order book, 6 min ago | 0.14 bp | 0.8 bp −$1 | 1.3 bp −$13 | 7.5 bp −$753 | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 1.75 bp | 19.5 bp −$20 | 124.1 bp −$1,241 | 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 −0.0158% / S +0.0250% | 1h | 741.91 | −0.003% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0028% | 1h | 740.80 | −0.154% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0027% | 8h | 741.65 | −0.039% | $1.1M | $278K | 20x | as long as short |
| Gate QQQ_USDT | −0.0005% | 8h | 741.21 | −0.098% | $3.3M | $21.5M | 50x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.59 | −0.047% | $822K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.64 | −0.040% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.53 | −0.055% | $21.4M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.63 | −0.042% | $5.5M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.88 | −0.008% | $16.6M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.78 | −0.022% | $16.9M | $7.3M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Gate QQQ_USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
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 | 742.29 | +0.047% | $2K | $1.8M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.96 | +0.003% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.11 | +0.023% | $361K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0002% | 8h | 741.64 | −0.041% | $70.1M | $144.6M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.73 | −0.028% | $1.2M | $547K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.55 | −0.053% | $7.6M | $15.4M | 30x | as long as short |
| Lighter RH QQQlong | +0.0040% | 1h | 741.94 | long leg | $36.9M | $80.1M | 50x | |
| Arcus QQQ-USD | +0.0040% | 1h | 740.96 | −0.132% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.62 | +0.092% | — | $337K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0074% | 1h | 741.59 | −0.047% | $424K | $154K | 20x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 741.36 | −0.078% | $3.4M | $352K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.39 | −0.074% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.49 | −0.061% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.05 | −0.119% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0112% | 8h | 742.02 | +0.010% | $318K | $2.0M | 10x | as long as short |
| Nado QQQ-PERP | +0.0145% | 1h | 741.45 | −0.066% | $1.5M | $763K | 20x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.56 | −0.051% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0920% | 4h | 741.78 | −0.021% | $758K | $334K | 20x | as long as short |
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Deribit QQQ_USDC-PERPETUAL
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC