Funding you earn now, next payment 04:00 UTC+0.0872%/8h= +95.4% APRpaid last 24h +0.029%
Price spread now: edgeX against OKX−0.019%7-day average −0.009% · 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−$29as in the Price arb table
costs, in and out, $10k−$280.279% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now −0.019%, 7d avg −0.009%
=Together, before fees+0.074%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$26 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.069% in total (about 3.6% 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 | OKX QQQ-USDT-SWAP | 744.26 | 0 | get 0.0000% / 8h | 5h 30m | $21.7M | $26.3M | 50x |
| Short | edgeX QQQUSDC | 744.12 | 0.0872 | get 0.0436% / 4h | 1h 30m | $761K | $335K | 20x |
OKX QQQ-USDT-SWAP
edgeX QQQUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $183.05
- Price spread: −0.019% → −0.009%
- −$0.93
- Slippage, 4 orders
- −$8.87
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $154.26
- Costs to cover
- 0.279%
- Break-even
- 1.1 days
Slippage from OKX: live order book, 3 min ago; edgeX: live order book, 33 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 | 5.5 bp −$6 | 6.4 bp −$64 | 8.9 bp −$889 | doesn't fit |
| Sell edgeX live order book, 33 min ago | 4.10 bp | 8.6 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 −0.0110% / S +0.0213% | 1h | 744.30 | +0.006% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0042% | 1h | 742.96 | −0.175% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0019% | 8h | 744.22 | −0.005% | $1.1M | $303K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.34 | +0.010% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.42 | +0.021% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAPlong | 0.0000% | 8h | 744.26 | long leg | $21.7M | $26.3M | 50x | |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.33 | +0.009% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.83 | −0.058% | $3.3M | $21.1M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.39 | +0.017% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.79 | +0.071% | $2K | $2.0M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 744.48 | +0.030% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.68 | +0.056% | $360K | $1.5M | 10x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.11 | −0.020% | $7.7M | $17.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.54 | +0.038% | $37.3M | $79.3M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.51 | −0.101% | $1.2M | $535K | 20x | as long as short |
| Variational Omni QQQ | +0.0035% | 8h | 744.15 | −0.014% | $17.1M | $7.5M | — | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.23 | −0.138% | $694K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.24 | +0.132% | — | $337K | 50x | as long as short |
| Binance QQQUSDT | +0.0066% | 8h | 744.31 | +0.007% | $71.2M | $143.6M | 25x | as long as short |
| Nado QQQ-PERP | +0.0091% | 1h | 743.91 | −0.047% | $1.5M | $925K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.00 | −0.035% | $3.4M | $407K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.86 | −0.054% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.05 | −0.028% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.47 | −0.106% | $93K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0113% | 1h | 744.10 | −0.021% | $425K | $149K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0146% | 8h | 744.35 | +0.013% | $319K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 743.88 | −0.051% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDCshort | +0.0872% | 4h | 744.12 | −0.019% | $761K | $335K | 20x |
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Binance QQQUSDT
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
Phoenix QQQ