Funding you earn now, next payment 05:00 UTC−0.0090%/8h= −9.8% APRpaid last 24h +0.026%
Price spread now: RISEx against Orderly+0.044%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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. RISEx is 0.044% dearer against Orderly than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 39 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_QQQ_USDC_mythos | 742.72 | 0.0100 | pay 0.0100% / 8h | 3h 18m | $12K | $21K | 20x |
| Short | RISEx QQQ/USDC | 743.05 | 0.0010 | get 0.0001% / 1h | 18m 05s | $5.4M | $7.3M | 25x |
Orderly PERP_QQQ_USDC_mythos
RISEx QQQ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$18.89
- Price spread: +0.044% → 0.000%
- $4.4
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$26.48
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; RISEx: 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 RISEx live order book, 1 min ago | 0.07 bp | 5.0 bp −$5 | 6.3 bp −$63 | 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 −0.0138% / S +0.0234% | 1h | 743.02 | +0.041% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0030% | 1h | 741.97 | −0.101% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0011% | 8h | 743.11 | +0.053% | $1.1M | $246K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.95 | +0.031% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.03 | +0.042% | $70.3M | $142.6M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.03 | +0.042% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.79 | +0.009% | $21.5M | $27.2M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.38 | −0.046% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.17 | +0.061% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.17 | +0.061% | $17.1M | $7.3M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 743.51 | +0.106% | $2K | $1.9M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | −0.011% | $1.2M | $537K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.43 | +0.096% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.24 | +0.070% | $360K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDCshort | +0.0010% | 1h | 743.05 | +0.044% | $5.4M | $7.3M | 25x | |
| Lighter QQQ | +0.0032% | 1h | 742.84 | +0.016% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.23 | +0.069% | $37.0M | $79.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.25 | −0.063% | $704K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.93 | +0.163% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0064% | 8h | 743.36 | +0.086% | $320K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0080% | 1h | 742.60 | −0.016% | $1.5M | $745K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0087% | 1h | 742.81 | +0.012% | $424K | $151K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.70 | −0.003% | $3.4M | $340K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.87 | +0.020% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythoslong | +0.0100% | 8h | 742.72 | long leg | $12K | $21K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.15 | −0.076% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.68 | −0.005% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0638% | 4h | 743.13 | +0.055% | $760K | $335K | 20x | as long as short |
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Aevo QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC