Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against OKX−0.051%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 7 days+0.094%+$9 · spread now −0.051%, 7d avg −0.018%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.033% cheaper against OKX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX QQQ-USDT-SWAP | 741.99 | 0 | get 0.0000% / 8h | 4h 47m | $22.1M | $31.0M | 50x |
| Short | Gate QQQ_USDT | 741.61 | 0 | get 0.0000% / 8h | 4h 47m | $3.6M | $19.8M | 50x |
OKX QQQ-USDT-SWAP
Gate QQQ_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.051% → −0.018%
- −$3.32
- Slippage, 4 orders
- −$4.41
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$32.74
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Gate: live order book, 4 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, 4 min ago | 0.07 bp | 5.1 bp −$5 | 6.5 bp −$65 | 13.9 bp −$1,395 | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.01 bp | 9.4 bp −$9 | 15.5 bp −$155 | doesn't fit | doesn't fit |
QQQ on 28 exchanges
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 −0.0203% / S +0.0285% | 1h | 742.14 | +0.021% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0021% | 8h | 742.00 | +0.001% | $1.1M | $241K | 20x | as long as short |
| OKX QQQ-USDT-SWAPlong | 0.0000% | 8h | 741.99 | long leg | $22.1M | $31.0M | 50x | |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.86 | −0.018% | $5.5M | $5.7M | 25x | as long as short |
| Gate QQQ_USDTshort | 0.0000% | 8h | 741.61 | −0.051% | $3.6M | $19.8M | 50x | |
| Bitget QQQUSDT | 0.0000% | 8h | 742.16 | +0.023% | $17.0M | $6.0M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.67 | +0.092% | $2K | $1.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.02 | +0.139% | $247K | $45K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.39 | +0.054% | $359K | $1.7M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0004% | 1h | 740.64 | −0.182% | $4.2M | $1.8M | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
RISEx QQQ/USDC
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Ondo Perps QQQ-USD.PShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0004% | 1h | 740.92 | −0.144% | $653K | $1.4M | 25x | as long as short |
| Aster QQQUSDT | +0.0007% | 8h | 742.16 | +0.023% | $855K | $915K | 20x | as long as short |
| Bybit QQQUSDT | +0.0019% | 8h | 742.05 | +0.008% | $10.9M | $5.1M | 50x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.42 | −0.077% | $7.2M | $16.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.18 | +0.026% | $38.8M | $76.1M | 50x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.92 | +0.125% | — | $337K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 741.21 | −0.105% | $1.2M | $585K | 20x | as long as short |
| Variational Omni QQQ | +0.0078% | 8h | 742.62 | +0.085% | $16.9M | $6.9M | — | as long as short |
| Binance QQQUSDT | +0.0100% | 8h | 742.26 | +0.037% | $72.4M | $148.1M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.74 | −0.034% | $3.4M | $509K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.18 | +0.026% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.82 | −0.023% | $12K | $21K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0101% | 1h | 741.86 | −0.018% | $398K | $103K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.44 | −0.075% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0116% | 1h | 741.68 | −0.042% | $1.6M | $776K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0257% | 8h | 742.95 | +0.129% | $319K | $2.1M | 10x | as long as short |
| edgeX QQQUSDC | +0.0258% | 4h | 742.62 | +0.085% | $759K | $336K | 20x | as long as short |
| Phoenix QQQ | +0.0409% | 1h | 741.53 | −0.062% | $38K | $59K | 20x | as long as short |
Arcus QQQ-USD
Aster QQQUSDT
Bybit QQQUSDT
Lighter QQQ
Lighter RH QQQ
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Deribit QQQ_USDC-PERPETUAL
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
edgeX QQQUSDC
Phoenix QQQ