QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.036%

Price spread now: Coinbase International against RISEx−0.085%7-day average −0.091% · 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−$18as in the Price arb table

costs, in and out, $10k−$180.181% of the position

Long on RISEx Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.094%−$9 on $10k

Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.085%, 7d avg −0.091%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.091%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.094%, 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	741.98	0	get 0.0000% / 1h	17m 24s	$5.5M	$6.3M	25x
Short	Coinbase International QQQ-PERP-INTX	741.35	0.0016	get 0.0002% / 1h	17m 24s	$1.2M	$526K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against RISEx. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee RISExbpFee Coinbase InternationalbpOrdersPrice spread, now −0.085%Rate

Funding earned: $3.36
Price spread: −0.085% → −0.091%: $0.56
Slippage, 4 orders: −$2.06
Fee RISEx: 3 bp × 2 orders: −$6
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$14.15
Costs to cover: 0.181%
Break-even: 36.5 days

Slippage from RISEx: live order book, 2 min ago; Coinbase International: live order book, 1 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	4.5 bp −$5	4.9 bp −$49	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	0.07 bp	5.4 bp −$5	7.6 bp −$76	47.7 bp −$4,775	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 −0.0163% / S +0.0254%	1h	742.25	+0.035%	$25K	—	26x	as long as short
Gate QQQ_USDT	−0.0037%	8h	741.47	−0.069%	$3.4M	$21.5M	50x	as long as short
BloFin QQQ-USDT	−0.0012%	8h	741.66	−0.044%	$1.1M	$271K	20x	as long as short
Ondo Perps QQQ-USD.P	−0.0005%	1h	741.10	−0.119%	$4.2M	$1.8M	20x	as long as short
Aster QQQUSDT	0.0000%	8h	742.17	+0.025%	$823K	$858K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	741.98	−0.001%	$10.5M	$5.2M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	741.88	−0.014%	$21.5M	$28.3M	50x	as long as short
RISEx QQQ/USDClong	0.0000%	1h	741.98	long leg	$5.5M	$6.3M	25x
Bitget QQQUSDT	0.0000%	8h	742.22	+0.032%	$16.5M	$5.5M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	742.08	+0.012%	$16.9M	$7.3M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX QQQ-USDT	0.0000%	8h	742.96	+0.132%	$2K	$1.8M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	742.23	+0.033%	$251K	$41K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	742.41	+0.057%	$361K	$1.6M	10x	as long as short
Binance QQQUSDT	+0.0004%	8h	742.12	+0.018%	$70.0M	$144.5M	25x	as long as short
Coinbase International QQQ-PERP-INTXshort	+0.0016%	1h	741.35	−0.085%	$1.2M	$526K	20x
Lighter QQQ	+0.0032%	1h	742.02	+0.005%	$7.7M	$15.5M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	742.41	+0.057%	$37.1M	$81.1M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	741.27	−0.096%	$687K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	743.09	+0.149%	—	$337K	50x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	741.77	−0.029%	$3.4M	$354K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	741.74	−0.033%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	741.86	−0.017%	$12K	$21K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0101%	1h	741.92	−0.009%	$424K	$154K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	741.37	−0.082%	$92K	$1K	10x	as long as short
GRVT QQQ_USDT_Perp	+0.0119%	8h	742.25	+0.036%	$322K	$2.0M	10x	as long as short
Nado QQQ-PERP	+0.0127%	1h	741.81	−0.023%	$1.6M	$769K	20x	as long as short
Phoenix QQQ	+0.0205%	1h	741.63	−0.048%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0726%	4h	741.94	−0.006%	$759K	$336K	20x	as long as short