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 +0.014%

Price spread now: Bybit against Phemex−0.013%7-day average −0.016% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$760.762% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 3 days (all we have)−0.024%−$2 · spread now −0.013%, 7d avg −0.016%

Together, before fees+0.016%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex QQQUSDT	744.42	0	get 0.0000% / 8h	6h 45m	$360K	$1.4M	10x
Short	Bybit QQQUSDT	744.32	0	get 0.0000% / 8h	6h 45m	$10.7M	$5.0M	50x

Funding history

latest

Range statsloading…

Bybit against Phemex. 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 PhemexbpFee BybitbpOrdersPrice spread, now −0.013%Rate

Slippage from Phemex: live order book, 2 min ago; Bybit: 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 Phemex live order book, 2 min ago	1.41 bp	35.3 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	0.07 bp	7.0 bp −$7	8.0 bp −$80	53.1 bp −$5,307	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	−0.0204%	1h	742.93	−0.200%	$4.2M	$2.0M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0095% / S +0.0201%	1h	744.35	−0.010%	$25K	—	26x	as long as short
Bybit QQQUSDTshort	0.0000%	8h	744.32	−0.013%	$10.7M	$5.0M	50x
OKX QQQ-USDT-SWAP	0.0000%	8h	744.15	−0.036%	$21.5M	$25.3M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	743.97	−0.060%	$3.3M	$20.7M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.80	+0.051%	$2K	$2.1M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	744.75	+0.044%	$257K	$29K	30x	as long as short
Phemex QQQUSDTlong	0.0000%	8h	744.42	long leg	$360K	$1.4M	10x
Aster QQQUSDT	+0.0015%	8h	744.33	−0.012%	$841K	$712K	20x	as long as short
BloFin QQQ-USDT	+0.0026%	8h	744.31	−0.015%	$1.1M	$319K	20x	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	744.08	−0.046%	$7.7M	$17.7M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.52	+0.013%	$37.4M	$79.2M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.49	−0.125%	$747K	$1.5M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	745.27	+0.114%	—	$356K	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0048%	1h	744.05	−0.050%	$1.2M	$538K	20x	as long as short
Variational Omni QQQ	+0.0066%	8h	744.26	−0.022%	$17.1M	$7.6M	—	as long as short
Binance QQQUSDT	+0.0092%	8h	744.32	−0.013%	$71.2M	$147.6M	25x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0100%	1h	744.11	−0.042%	$425K	$148K	20x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	744.01	−0.055%	$3.4M	$408K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	743.99	−0.058%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	744.03	−0.052%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.57	−0.115%	$93K	$1K	10x	as long as short
Bitget QQQUSDT	+0.0107%	8h	744.42	0.000%	$16.9M	$5.9M	20x	as long as short
Nado QQQ-PERP	+0.0120%	1h	743.99	−0.058%	$1.5M	$1.1M	20x	as long as short
RISEx QQQ/USDC	+0.0168%	1h	744.42	+0.001%	$5.4M	$8.2M	25x	as long as short
Phoenix QQQ	+0.0183%	1h	744.06	−0.048%	$38K	$66K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0277%	8h	744.51	+0.012%	$319K	$1.8M	10x	as long as short
edgeX QQQUSDC	+0.0321%	4h	744.35	−0.010%	$761K	$335K	20x	as long as short