Funding you earn now, next payment 04:00 UTC+0.0114%/8h= +12.5% APRpaid last 24h +0.012%
Price spread now: GRVT against RISEx+0.011%7-day average +0.030% · 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−$21as in the Price arb table
costs, in and out, $10k−$200.196% of the position
Funding, last 4 days (all we have)−0.095%−$9 on $10k
+Price spread, last 7 days+0.042%+$4 · spread now +0.011%, 7d avg +0.030%
=Together, before fees−0.053%+ Points / potential airdropGRVT: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.095%, 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 | 744.53 | 0 | get 0.0000% / 1h | 39m 01s | $5.4M | $7.5M | 25x |
| Short | GRVT QQQ_USDT_Perp | 744.62 | 0.0114 | get 0.0114% / 8h | 4h 39m | $319K | $1.9M | 10x |
RISEx QQQ/USDC
GRVT QQQ_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $23.94
- Price spread: +0.011% → +0.030%
- −$1.88
- Slippage, 4 orders
- −$4.56
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $2.5
- Costs to cover
- 0.196%
- Break-even
- 6.3 days
Slippage from RISEx: live order book, 5 min ago; GRVT: live order book, 4 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, 5 min ago | 0.74 bp | 4.5 bp −$5 | 5.1 bp −$51 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 1.07 bp | 5.6 bp −$6 | 7.7 bp −$77 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0126% | 1h | 742.94 | −0.214% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0121% / S +0.0221% | 1h | 744.50 | −0.005% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.46 | −0.009% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.39 | −0.019% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.30 | −0.032% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDClong | 0.0000% | 1h | 744.53 | long leg | $5.4M | $7.5M | 25x | |
| Gate QQQ_USDT | 0.0000% | 8h | 743.91 | −0.084% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.59 | +0.007% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.95 | +0.056% | $2K | $1.9M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.70 | +0.022% | $257K | $29K | 30x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 744.65 | +0.015% | $360K | $1.5M | 10x | as long as short |
| Variational Omni QQQ | +0.0006% | 8h | 744.39 | −0.020% | $17.1M | $7.5M | — | as long as short |
| BloFin QQQ-USDT | +0.0008% | 8h | 744.29 | −0.033% | $1.1M | $271K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.96 | −0.077% | $1.2M | $536K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.29 | −0.033% | $7.7M | $16.3M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.69 | −0.113% | $702K | $1.6M | 25x | as long as short |
| Binance QQQUSDT | +0.0042% | 8h | 744.49 | −0.006% | $71.1M | $141.8M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.49 | +0.128% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.79 | +0.034% | $36.9M | $78.9M | 50x | as long as short |
| Nado QQQ-PERP | +0.0099% | 1h | 744.19 | −0.046% | $1.5M | $876K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.13 | −0.054% | $3.4M | $391K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.20 | −0.045% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.22 | −0.042% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.67 | −0.116% | $93K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perpshort | +0.0114% | 8h | 744.62 | +0.011% | $319K | $1.9M | 10x | |
| Phoenix QQQ | +0.0129% | 1h | 744.09 | −0.060% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0207% | 1h | 744.41 | −0.017% | $425K | $149K | 20x | as long as short |
| edgeX QQQUSDC | +0.0728% | 4h | 744.46 | −0.010% | $761K | $333K | 20x | as long as short |
Phemex QQQUSDT
Variational Omni QQQ
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Arcus QQQ-USD
Binance QQQUSDT
Vest QQQ-USD-PERP
Lighter RH QQQ
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC