Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG704.32−0.0071get 0.0009% / 1h6m 22s$62K$16K25xLong Reya
SHORT706.3700.0000% / 8h5h 06m$2.7M$7.6M10xShort Phemex
Price gap+0.290%
Funding gap+0.0071% /8h

Both sides work: funding pays +$2 a day on $10k, and the gap is 0.290% above zero (no 7-day history yet): +$29 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$45+0.0071% /8h now · paid +0.455% over the last 7D
Price—spread +0.290% now · no price history on both exchanges yet
Costsno datano order book for Reya
Result, before costs—+ Points / potential airdropReya: points · farm boardneeds both price histories

Price and funding

1h · history
PRICE SPREAD · 7D
Now+0.290%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

QQQ on 35 exchanges

lowest funding first

Before you open

1 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Reya: its slippage is not counted.
  • Note: Margin at max leverage$400 + $1,000
    Reya 25x, Phemex 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$2.13Long Reya: 24 payments, +$2.13; short Phemex: 3 payments, $0.00.
  • Note: No 7-day spread history+0.290%
    The gap cannot be compared with its average yet.
  • Watch: Long leg is thinner$62K vs $2.7M OI
    Reya sets your exit cost. Check its book before closing.
  • OK: Points on a legReya points
    Volume here counts toward the points program.
  • Watch: KYCReya No · Phemex Yes
    KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0217%/8h × 21 periods+$45.47
Price spread+0.290% → 0+$29.05
Slippage, 4 ordersno data for Reya—
Fee Reya bp × 2 orders−$6.00
Fee Phemex bp × 2 orders−$12.00
Net, fees only · 7 days · $10k+$56.52
Costs to cover0.180%Break-evenfrom the start
Slippage: Reya: no order-book sample; Phemex: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGReya—————
SELL · SHORTPhemex1.917.9 bp−$88.4 bp−$8418.2 bp−$1,816doesn’t fit

Closing costs about the same again.
Reya: no data.

Alert

QQQ news

posts that mention QQQ or Invesco QQQ, from every exchangeSearch all news →
10-26 08:17BybitOther📈 Trade TradFi Options, 24/7! TSLA, NVDA, QQQ and more. Discover Bybit Perp Options in our upcoming live session. Join Han Tan, Chief Market Analyst at Bybit, and Mike Xue, Business Lead of Bybit Options, for a product walkthrough and live Q&A. Watch live on Oct 27, 12PM UTC. @Bybit_Official on X ↗
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10-22 12:05SoDEXOther🎁 Treasure Box Update: QQQ ➡️ soUSDC! 🔥 Starting now, soUSDC is featured in your Treasure Boxes! 👀 Open them now! 💰 Put your USDC to work and earn yield while holding soUSDC. 🚀 The momentum is growing! Total allocations have reached ~$2M since launch, thanks to your continued trust and support! ❤️ 🎉 Keep opening, keep exploring, and stay tuned for more! @sodex_official on X ↗
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10-14 13:01ReyaListingSPY and QQQ perps are live on Reya. First we launched the Mag7. Now the bigger picture. Up to 25x leverage on both index perps. @reya_xyz on X ↗
10-12 17:13AsterListingnew market QQQUSD1 ($QQQ) seen by our collector