Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.7% APRnext payment −$0.07 per $10,000 · paid last 24h +0.023%
Price spread now: BloFin against OKX+0.013%83s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$240.237% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)+0.030%+$3 · spread now +0.013%, 7d avg −0.001%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX QQQ-USDT-SWAP | 743.50 | 0 | get 0.0000% / 8h | 3h 45m | $21.5M | $26.9M | 50x |
| Short | BloFin QQQ-USDT | 743.60 | −0.0007 | pay 0.0007% / 8h | 3h 45m | $1.1M | $256K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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
- −$1.39
- Price spread: +0.013% → −0.001%
- $1.41
- Slippage, 4 orders
- −$1.74
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$23.72
- Costs to cover
- 0.237%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 1 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 OKX live order book, 3 min ago | 0.07 bp | 5.6 bp −$6 | 6.6 bp −$66 | 13.0 bp −$1,301 | doesn't fit |
| Sell BloFin live order book, 1 min ago | 0.07 bp | 6.1 bp −$6 | 6.9 bp −$69 | 11.2 bp −$1,124 | 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 −0.0132% / S +0.0230% | 1h | 743.79 | +0.040% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0033% | 1h | 742.29 | −0.163% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDTshort | −0.0007% | 8h | 743.60 | +0.013% | $1.1M | $256K | 20x | |
| Aster QQQUSDT | 0.0000% | 8h | 743.82 | +0.044% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.72 | +0.030% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAPlong | 0.0000% | 8h | 743.50 | long leg | $21.5M | $26.9M | 50x | |
| Gate QQQ_USDT | 0.0000% | 8h | 743.23 | −0.036% | $3.3M | $20.7M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.92 | +0.056% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.66 | +0.022% | $17.1M | $7.4M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.25 | +0.101% | $2K | $1.9M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | −0.116% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.53 | +0.004% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.08 | +0.078% | $360K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.85 | +0.047% | $5.4M | $7.3M | 25x | as long as short |
| Binance QQQUSDT | +0.0011% | 8h | 743.69 | +0.026% | $70.9M | $141.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.69 | +0.026% | $7.7M | $15.8M | 30x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0032% | 1h | 743.63 | +0.017% | $425K | $150K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.92 | −0.078% | $704K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.77 | +0.171% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.12 | +0.083% | $37.0M | $78.2M | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0079% | 8h | 743.34 | −0.022% | $326K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0093% | 1h | 743.50 | 0.000% | $1.5M | $780K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.37 | −0.017% | $3.4M | $343K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.82 | −0.091% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.58 | +0.011% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.04 | −0.062% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.09 | −0.055% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0649% | 4h | 743.23 | −0.036% | $760K | $335K | 20x | as long as short |
OKX QQQ-USDT-SWAP
BloFin QQQ-USDT
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
Binance QQQUSDT
Lighter QQQ
Deribit QQQ_USDC-PERPETUAL
Lighter RH QQQ
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Phoenix QQQ
edgeX QQQUSDC