Funding you earn now, next payment 08:00 UTC+0.0026%/8h= +2.9% APRpaid last 24h −0.014%
Price spread now: BloFin against RISEx+0.003%7-day average −0.037% · you sell dearer than you buy
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−$230.227% of the position
Funding, last 4 days (all we have)−0.241%−$24 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.003%, 7d avg −0.037%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.040% dearer against RISEx than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.037%. Mind the row above: over the last 4 days funding on this pair cost −0.241%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx QQQ/USDC | 741.45 | 0 | get 0.0000% / 1h | 50m 19s | $5.4M | $6.3M | 25x |
| Short | BloFin QQQ-USDT | 741.47 | 0.0026 | get 0.0026% / 8h | 50m 19s | $1.1M | $270K | 20x |
RISEx QQQ/USDC
BloFin QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $5.52
- Price spread: +0.003% → −0.037%
- $3.99
- Slippage, 4 orders
- −$4.72
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$13.21
- Costs to cover
- 0.227%
- Break-even
- 23.8 days
Slippage from RISEx: live order book, 4 min ago; BloFin: live order book, 2 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, 4 min ago | 2.29 bp | 5.3 bp −$5 | 5.3 bp −$53 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.07 bp | 6.1 bp −$6 | 8.0 bp −$80 | 12.0 bp −$1,196 | doesn't fit |
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 −0.0168% / S +0.0258% | 1h | 741.79 | +0.047% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0140% | 1h | 740.17 | −0.172% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0067% | 8h | 741.25 | −0.026% | $3.3M | $21.6M | 50x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.73 | +0.038% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.68 | +0.032% | $10.5M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.45 | +0.001% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDClong | 0.0000% | 1h | 741.45 | long leg | $5.4M | $6.3M | 25x | |
| Bitget QQQUSDT | 0.0000% | 8h | 742.02 | +0.078% | $16.5M | $5.4M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.63 | +0.025% | $16.8M | $7.4M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.51 | +0.144% | $2K | $1.8M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Gate QQQ_USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 741.94 | +0.067% | $250K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 741.95 | +0.068% | $361K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0005% | 8h | 741.79 | +0.047% | $70.0M | $143.0M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.12 | −0.044% | $1.2M | $486K | 20x | as long as short |
| BloFin QQQ-USDTshort | +0.0026% | 8h | 741.47 | +0.003% | $1.1M | $270K | 20x | |
| Lighter QQQ | +0.0032% | 1h | 741.59 | +0.020% | $7.7M | $15.2M | 30x | as long as short |
| Lighter RH QQQ | +0.0040% | 1h | 741.97 | +0.071% | $37.2M | $79.7M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.04 | −0.055% | $640K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.68 | +0.167% | — | $337K | 50x | as long as short |
| edgeX QQQUSDC | +0.0088% | 4h | 741.64 | +0.026% | $758K | $335K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.30 | −0.020% | $3.4M | $355K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.21 | −0.032% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.44 | −0.001% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 740.95 | −0.067% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0111% | 1h | 741.34 | −0.014% | $1.6M | $758K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0121% | 8h | 741.93 | +0.065% | $325K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0141% | 1h | 741.62 | +0.024% | $424K | $155K | 20x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.27 | −0.024% | $38K | $65K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
edgeX QQQUSDC
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ