Funding you earn now, next payment 05:00 UTC−0.0245%/8h= −26.8% APRnext payment −$0.31 per $10,000 · paid last 24h −0.083%
Price spread now: GMX against RISEx−0.012%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx QQQ/USDC | 743.35 | 0.0010 | pay 0.0001% / 1h | 16m 37s | $5.4M | $7.3M | 25x |
| Short | GMX QQQ/USD [ETH-USDC] | 743.26 | L −0.0138% / S +0.0235% | pay 0.0029% / 1h | 16m 37s | $25K | — | 26x |
RISEx QQQ/USDC
GMX QQQ/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$51.36
- Price spread: −0.012% → 0.000%
- −$1.18
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$70.54
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.
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 | 3.1 bp −$3 | 3.8 bp −$38 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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]short | L −0.0138% / S +0.0235% | 1h | 743.26 | −0.012% | $25K | — | 26x | |
| Ondo Perps QQQ-USD.P | −0.0021% | 1h | 742.11 | −0.167% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.93 | −0.057% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.39 | +0.005% | $70.3M | $142.8M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.36 | +0.001% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.08 | −0.037% | $21.5M | $27.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.65 | −0.095% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.41 | +0.008% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.17 | −0.024% | $17.1M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.73 | +0.051% | $1K | $1.9M | 10x | as long as short |
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | −0.096% | $1.2M | $537K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.43 | +0.010% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.38 | +0.004% | $360K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0002% | 8h | 743.11 | −0.033% | $1.1M | $246K | 20x | as long as short |
| RISEx QQQ/USDClong | +0.0010% | 1h | 743.35 | long leg | $5.4M | $7.3M | 25x | |
| Lighter QQQ | +0.0032% | 1h | 743.10 | −0.034% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.48 | +0.017% | $37.0M | $79.4M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.27 | −0.146% | $705K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.14 | +0.106% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0064% | 8h | 743.36 | 0.000% | $320K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0082% | 1h | 742.88 | −0.064% | $1.5M | $756K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.90 | −0.061% | $3.4M | $342K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.66 | −0.093% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.97 | −0.051% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.37 | −0.132% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.48 | −0.117% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0140% | 1h | 742.99 | −0.049% | $424K | $151K | 20x | as long as short |
| edgeX QQQUSDC | +0.0638% | 4h | 743.13 | −0.031% | $760K | $335K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC