Funding you earn now, next payment 11:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h −0.018%
Price spread now: Bybit against RISEx+0.030%7-day average +0.002% · 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−$220.216% of the position
Funding, last 4 days (all we have)−0.186%−$19 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now +0.030%, 7d avg +0.002%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.028% dearer against RISEx than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.002%. Mind the row above: over the last 4 days funding on this pair cost −0.186%, 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 | 742.99 | 0 | get 0.0000% / 1h | 6m 08s | $5.5M | $5.7M | 25x |
| Short | Bybit QQQUSDT | 743.21 | 0.0042 | get 0.0042% / 8h | 5h 06m | $10.6M | $4.9M | 50x |
RISEx QQQ/USDC
Bybit QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $8.85
- Price spread: +0.030% → +0.002%
- $2.78
- Slippage, 4 orders
- −$4.62
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$9.99
- Costs to cover
- 0.216%
- Break-even
- 14.9 days
Slippage from RISEx: live order book, 1 min ago; Bybit: live order book, 5 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, 1 min ago | 0.07 bp | 3.3 bp −$3 | 3.5 bp −$35 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.40 bp | 7.5 bp −$8 | 10.8 bp −$108 | 57.0 bp −$5,700 | doesn't fit |
QQQ on 28 exchanges
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 −0.0203% / S +0.0285% | 1h | 743.39 | +0.055% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0135% | 1h | 741.57 | −0.191% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0015% | 8h | 743.09 | +0.014% | $1.1M | $241K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.37 | +0.051% | $857K | $903K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.06 | +0.010% | $22.1M | $30.9M | 50x | as long as short |
| RISEx QQQ/USDClong | 0.0000% | 1h | 742.99 | long leg | $5.5M | $5.7M | 25x | |
| Gate QQQ_USDT | 0.0000% | 8h | 742.73 | −0.035% | $3.5M | $20.0M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.46 | +0.064% | $17.1M | $5.9M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.77 | +0.105% | $2K | $1.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.62 | +0.085% | $247K | $45K | 30x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 743.60 | +0.082% | $360K | $1.7M | 10x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.66 | −0.044% | $7.3M | $16.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.37 | +0.051% | $38.9M | $78.4M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 742.62 | −0.049% | $1.2M | $541K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.16 | −0.111% | $659K | $1.4M | 25x | as long as short |
| Bybit QQQUSDTshort | +0.0042% | 8h | 743.21 | +0.030% | $10.6M | $4.9M | 50x | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.11 | +0.151% | — | $337K | 50x | as long as short |
| Variational Omni QQQ | +0.0069% | 8h | 742.99 | 0.000% | $16.8M | $7.0M | — | as long as short |
| Binance QQQUSDT | +0.0092% | 8h | 743.34 | +0.047% | $72.3M | $146.4M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.83 | −0.021% | $3.4M | $497K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.77 | −0.029% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.98 | −0.001% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.50 | −0.066% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0124% | 1h | 742.72 | −0.036% | $1.6M | $773K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0141% | 1h | 742.91 | −0.010% | $399K | $103K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0253% | 8h | 743.41 | +0.057% | $318K | $2.1M | 10x | as long as short |
| Phoenix QQQ | +0.0302% | 1h | 742.91 | −0.010% | $38K | $59K | 20x | as long as short |
| edgeX QQQUSDC | +0.0571% | 4h | 743.08 | +0.012% | $760K | $335K | 20x | as long as short |
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC