Funding you earn now, next payment 23:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.166%
Price spread now: Binance against RISEx−0.035%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$190.193% of the position
Funding, last 3 days (all we have)−0.264%−$26 on $10k
+Price spread, last 2 days (all we have)−0.048%−$5 · spread now −0.035%, 7d avg −0.040%
=The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx QQQ/USDC | 742.43 | 0.0315 | pay 0.0039% / 1h | 46m 53s | $5.4M | $9.3M | 25x |
| Short | Binance QQQUSDT | 742.17 | 0.0086 | get 0.0086% / 8h | 1h 46m | $69.6M | $163.0M | 25x |
RISEx QQQ/USDC
Binance QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against RISEx. 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
- −$47.98
- Price spread: −0.035% → −0.040%
- $0.5
- Slippage, 4 orders
- −$3.26
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$66.74
- Costs to cover
- 0.193%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 2 min ago; Binance: live order book, 11 min ago.
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 RISEx live order book, 2 min ago | 0.07 bp | 4.8 bp −$5 | 5.2 bp −$52 | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.07 bp | 5.1 bp −$5 | 5.8 bp −$58 | 12.6 bp −$1,264 | 31.0 bp −$15.5K |
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 −0.0066% / S +0.0178% | 1h | 742.22 | −0.029% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0023% | 1h | 741.25 | −0.159% | $4.2M | $2.2M | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.03 | −0.054% | $21.5M | $28.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.99 | −0.059% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.66 | +0.031% | $2K | $2.4M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 741.88 | −0.074% | $424K | $305K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.43 | 0.000% | $256K | $32K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.63 | +0.027% | $361K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0006% | 8h | 741.99 | −0.059% | $840K | $780K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0006% | 8h | 742.00 | −0.058% | $1.0M | $483K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
BloFin QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 742.14 | −0.039% | $7.8M | $21.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.50 | +0.009% | $37.7M | $81.1M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.46 | −0.131% | $737K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.80 | +0.050% | — | $621K | 50x | as long as short |
| Variational Omni QQQ | +0.0064% | 8h | 742.23 | −0.027% | $17.2M | $10.1M | — | as long as short |
| Binance QQQUSDTshort | +0.0086% | 8h | 742.17 | −0.035% | $69.6M | $163.0M | 25x | |
| Bybit QQQUSDT | +0.0086% | 8h | 742.33 | −0.013% | $10.7M | $5.4M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0088% | 1h | 741.68 | −0.101% | $1.2M | $873K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.82 | −0.082% | $3.4M | $440K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.96 | −0.063% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.19 | −0.167% | $7K | $16K | 20x | as long as short |
| edgeX QQQUSDC | +0.0103% | 4h | 742.22 | −0.028% | $759K | $336K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.61 | −0.111% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0166% | 1h | 741.79 | −0.087% | $1.5M | $1.3M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0187% | 8h | 742.41 | −0.003% | $323K | $1.7M | 10x | as long as short |
| Bitget QQQUSDT | +0.0220% | 8h | 742.21 | −0.030% | $16.7M | $7.3M | 20x | as long as short |
| Phoenix QQQ | +0.0259% | 1h | 741.88 | −0.074% | $38K | $73K | 20x | as long as short |
| RISEx QQQ/USDClong | +0.0315% | 1h | 742.43 | long leg | $5.4M | $9.3M | 25x |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Bybit QQQUSDT
Coinbase International QQQ-PERP-INTX
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
edgeX QQQUSDC
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Bitget QQQUSDT
Phoenix QQQ