QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: Phemex against OKX+0.054%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$740.740% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 3 days (all we have)+0.003%$0 · spread now +0.054%, 7d avg +0.042%

Together, before fees−0.033%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX QQQ-USDT-SWAP	743.84	0	get 0.0000% / 8h	7h 51m	$21.5M	$25.4M	50x
Short	Phemex QQQUSDT	744.24	0	get 0.0000% / 8h	7h 51m	$361K	$1.4M	10x

Funding history

latest

Range statsloading…

Phemex against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee OKXbpFee PhemexbpOrdersPrice spread, now +0.054%Rate

Slippage from OKX: live order book, 2 min ago; Phemex: live order book, 2 min ago.

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, 2 min ago	0.07 bp	5.1 bp −$5	6.0 bp −$60	13.0 bp −$1,305	doesn't fit
Sell Phemex live order book, 2 min ago	2.29 bp	31.7 bp −$32	doesn't fit	doesn't fit	doesn't fit

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	−0.0362%	1h	742.38	−0.196%	$4.2M	$2.0M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0081% / S +0.0190%	1h	744.05	+0.029%	$25K	—	26x	as long as short
BloFin QQQ-USDT	−0.0029%	8h	743.81	−0.004%	$1.0M	$318K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	743.62	−0.029%	$841K	$757K	20x	as long as short
OKX QQQ-USDT-SWAPlong	0.0000%	8h	743.84	long leg	$21.5M	$25.4M	50x
Gate QQQ_USDT	0.0000%	8h	743.68	−0.022%	$3.2M	$26.4M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.49	+0.087%	$2K	$2.3M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.15	−0.093%	$257K	$28K	30x	as long as short
Phemex QQQUSDTshort	0.0000%	8h	744.24	+0.054%	$361K	$1.4M	10x
Bybit QQQUSDT	+0.0022%	8h	744.08	+0.032%	$10.7M	$4.9M	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QQQ	+0.0032%	1h	743.86	+0.003%	$7.6M	$18.1M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.20	+0.048%	$37.4M	$78.7M	50x	as long as short
Variational Omni QQQ	+0.0039%	8h	743.94	+0.013%	$17.1M	$10.8M	—	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.12	−0.097%	$746K	$1.5M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	744.57	+0.098%	—	$388K	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0064%	1h	743.51	−0.044%	$1.2M	$624K	20x	as long as short
Binance QQQUSDT	+0.0068%	8h	744.05	+0.028%	$71.0M	$155.1M	25x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	743.64	−0.027%	$3.4M	$413K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	743.50	−0.046%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	743.73	−0.015%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.35	−0.066%	$93K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0112%	1h	743.63	−0.028%	$1.5M	$1.2M	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0127%	1h	743.84	0.000%	$425K	$147K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0165%	8h	744.03	+0.026%	$327K	$1.8M	10x	as long as short
Bitget QQQUSDT	+0.0172%	8h	744.05	+0.028%	$16.9M	$6.6M	20x	as long as short
RISEx QQQ/USDC	+0.0208%	1h	744.03	+0.025%	$5.5M	$9.1M	25x	as long as short
Phoenix QQQ	+0.0258%	1h	743.65	−0.026%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0496%	4h	743.85	+0.001%	$761K	$336K	20x	as long as short