Funding you earn now, next payment 09:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.014%
Price spread now: Deribit against Orderly+0.018%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_QQQ_USDC_mythos | 739.16 | 0.0100 | pay 0.0100% / 8h | 7h 27m | $12K | $21K | 20x |
| Short | Deribit QQQ_USDC-PERPETUAL | 739.29 | 0.0048 | get 0.0006% / 1h | 27m 01s | $422K | $128K | 20x |
Orderly PERP_QQQ_USDC_mythos
Deribit QQQ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$10.99
- Price spread: +0.018% → 0.000%
- $1.76
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$22.23
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Deribit: live order book, 7 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 Deribit live order book, 7 min ago | 0.07 bp | 6.1 bp −$6 | 8.1 bp −$81 | doesn't fit | 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 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 −0.0186% / S +0.0272% | 1h | 739.61 | +0.060% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0016% | 8h | 739.32 | +0.022% | $1.1M | $277K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 739.43 | +0.036% | $821K | $869K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 739.83 | +0.091% | $10.6M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 739.58 | +0.057% | $21.5M | $29.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 739.39 | +0.031% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 739.18 | +0.003% | $3.4M | $20.6M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 739.98 | +0.111% | $16.5M | $5.1M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 740.06 | +0.122% | $2K | $1.6M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 739.90 | +0.100% | $250K | $38K | 30x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 739.79 | +0.085% | $361K | $1.6M | 10x | as long as short |
| Variational Omni QQQ | +0.0002% | 8h | 739.81 | +0.088% | $16.7M | $7.2M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0024% | 1h | 738.80 | −0.049% | $1.2M | $495K | 20x | as long as short |
| Binance QQQUSDT | +0.0026% | 8h | 739.56 | +0.054% | $70.0M | $140.4M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 739.19 | +0.004% | $7.6M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 739.65 | +0.066% | $37.5M | $80.1M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 738.63 | −0.072% | $645K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 740.36 | +0.162% | — | $337K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUALshort | +0.0048% | 1h | 739.29 | +0.018% | $422K | $128K | 20x | |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 738.20 | −0.130% | $4.2M | $1.8M | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 739.26 | +0.014% | $3.4M | $391K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 739.43 | +0.037% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythoslong | +0.0100% | 8h | 739.16 | long leg | $12K | $21K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 738.68 | −0.065% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0156% | 8h | 740.07 | +0.123% | $314K | $2.0M | 10x | as long as short |
| Nado QQQ-PERP | +0.0160% | 1h | 739.08 | −0.011% | $1.6M | $744K | 20x | as long as short |
| edgeX QQQUSDC | +0.0237% | 4h | 739.81 | +0.087% | $756K | $337K | 20x | as long as short |
| Phoenix QQQ | +0.0248% | 1h | 739.37 | +0.028% | $38K | $65K | 20x | as long as short |
Phemex QQQUSDT
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Ondo Perps QQQ-USD.P
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
edgeX QQQUSDC
Phoenix QQQ