Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.040%
Price spread now: Gate against Orderly−0.045%7-day average — · you buy dearer than you sell
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
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.045% cheaper against Orderly than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_QQQ_USDC_mythos | 740.61 | 0.0100 | pay 0.0100% / 8h | 7h 46m | $12K | $21K | 20x |
| Short | Gate QQQ_USDT | 740.28 | 0 | get 0.0000% / 8h | 7h 46m | $3.4M | $20.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.045% → 0.000%
- −$4.46
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$46.46
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 3 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 Gate live order book, 3 min ago | 1.01 bp | 10.6 bp −$11 | 14.1 bp −$141 | 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 −0.0182% / S +0.0269% | 1h | 740.89 | +0.038% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0007% | 8h | 740.64 | +0.004% | $1.1M | $274K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 740.92 | +0.042% | $823K | $865K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 740.63 | +0.003% | $21.6M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 740.65 | +0.006% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDTshort | 0.0000% | 8h | 740.28 | −0.045% | $3.4M | $20.6M | 50x | |
| Bitget QQQUSDT | 0.0000% | 8h | 740.91 | +0.041% | $16.5M | $5.2M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.01 | +0.054% | $16.8M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 741.30 | +0.093% | $1K | $1.7M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.22 | +0.082% | $250K | $41K | 30x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 741.21 | +0.081% | $364K | $1.6M | 10x | as long as short |
| Bybit QQQUSDT | +0.0011% | 8h | 740.94 | +0.045% | $10.7M | $4.9M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0024% | 1h | 740.22 | −0.053% | $1.2M | $490K | 20x | as long as short |
| Binance QQQUSDT | +0.0029% | 8h | 740.88 | +0.036% | $70.2M | $139.9M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 740.58 | −0.004% | $7.7M | $15.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 740.94 | +0.045% | $37.5M | $79.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 739.94 | −0.090% | $646K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 741.77 | +0.157% | — | $337K | 50x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 739.88 | −0.099% | $4.2M | $1.8M | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 740.46 | −0.020% | $3.4M | $371K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 740.44 | −0.023% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythoslong | +0.0100% | 8h | 740.61 | long leg | $12K | $21K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 740.09 | −0.071% | $92K | $1K | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0128% | 1h | 740.59 | −0.003% | $423K | $157K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0142% | 8h | 741.04 | +0.059% | $326K | $2.0M | 10x | as long as short |
| Nado QQQ-PERP | +0.0149% | 1h | 740.41 | −0.026% | $1.6M | $744K | 20x | as long as short |
| Phoenix QQQ | +0.0248% | 1h | 740.33 | −0.038% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0553% | 4h | 740.83 | +0.030% | $757K | $336K | 20x | as long as short |
Gate QQQ_USDT
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Bybit QQQUSDT
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Lighter QQQ
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC