Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.010%
Price spread now: Bitget against Orderly+0.046%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bitget is 0.046% dearer against Orderly than usual: you sell high and buy low (spread +0.046% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_QQQ_USDC_mythos | 742.44 | 0.0100 | pay 0.0100% / 8h | 4h 50m | $12K | $21K | 20x |
| Short | Bitget QQQUSDT | 742.78 | 0 | get 0.0000% / 8h | 4h 50m | $17.0M | $5.9M | 20x |
Orderly PERP_QQQ_USDC_mythos
Bitget QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Orderly. 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
- −$21
- Price spread: +0.046% → 0.000%
- $4.58
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.42
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 1 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 1 min ago | 0.07 bp | 6.8 bp −$7 | 8.8 bp −$88 | 13.3 bp −$1,327 | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 742.83 | +0.052% | $25K | — | 26x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.57 | +0.018% | $22.1M | $30.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.47 | +0.004% | $5.5M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.07 | −0.050% | $3.6M | $19.7M | 50x | as long as short |
| Bitget QQQUSDTshort | 0.0000% | 8h | 742.78 | +0.046% | $17.0M | $5.9M | 20x | |
| SunX QQQ-USDT | 0.0000% | 8h | 743.31 | +0.117% | $2K | $1.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.02 | +0.078% | $247K | $45K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.17 | +0.098% | $362K | $1.7M | 10x | as long as short |
| Arcus QQQ-USD | +0.0004% | 1h | 741.61 | −0.112% | $658K | $1.4M | 25x | as long as short |
| Aster QQQUSDT | +0.0006% | 8h | 742.48 | +0.006% | $856K | $903K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Arcus QQQ-USD
Aster QQQUSDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | +0.0007% | 1h | 741.54 | −0.121% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | +0.0013% | 8h | 742.57 | +0.018% | $1.1M | $241K | 20x | as long as short |
| Bybit QQQUSDT | +0.0024% | 8h | 742.54 | +0.013% | $10.7M | $5.0M | 50x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.97 | −0.063% | $7.2M | $16.2M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.69 | +0.034% | $38.8M | $75.9M | 50x | as long as short |
| edgeX QQQUSDC | +0.0040% | 4h | 742.57 | +0.018% | $759K | $335K | 20x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.54 | +0.148% | — | $337K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 741.90 | −0.073% | $1.2M | $534K | 20x | as long as short |
| Variational Omni QQQ | +0.0076% | 8h | 742.48 | +0.005% | $16.9M | $6.9M | — | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0087% | 1h | 742.29 | −0.020% | $398K | $103K | 20x | as long as short |
| Binance QQQUSDT | +0.0099% | 8h | 742.70 | +0.035% | $72.5M | $146.3M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.31 | −0.018% | $3.4M | $506K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.14 | −0.040% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythoslong | +0.0100% | 8h | 742.44 | long leg | $12K | $21K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.96 | −0.064% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0111% | 1h | 742.21 | −0.031% | $1.6M | $777K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0255% | 8h | 742.91 | +0.063% | $319K | $2.1M | 10x | as long as short |
| Phoenix QQQ | +0.0409% | 1h | 742.20 | −0.032% | $38K | $59K | 20x | as long as short |
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Bybit QQQUSDT
Lighter QQQ
Lighter RH QQQ
edgeX QQQUSDC
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Deribit QQQ_USDC-PERPETUAL
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ