Funding you earn now, next payment 00:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.80 per $10,000 · paid last 24h −0.085%
Price spread now: Binance against SunX−0.061%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$740.739% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 2 days (all we have)+0.015%+$1 · spread now −0.061%, 7d avg −0.063%
=The price spread sits at its 7-day average of −0.063%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX QQQ-USDT | 743.86 | 0 | get 0.0000% / 8h | 43m 00s | $2K | $2.3M | 10x |
| Short | Binance QQQUSDT | 743.41 | 0.0080 | get 0.0080% / 8h | 43m 00s | $71.0M | $160.6M | 25x |
SunX QQQ-USDT
Binance QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $16.84
- Price spread: −0.061% → −0.063%
- $0.21
- Slippage, 4 orders
- −$55.92
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$56.87
- Costs to cover
- 0.739%
- Break-even
- 30.6 days
Slippage from SunX: live order book, 3 min ago; Binance: live order book, 15 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 SunX live order book, 3 min ago | 21.64 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.07 bp | 5.1 bp −$5 | 5.4 bp −$54 | 9.0 bp −$897 | 23.8 bp −$11.9K |
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 −0.0071% / S +0.0182% | 1h | 743.40 | −0.061% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0016% | 8h | 743.09 | −0.104% | $1.0M | $468K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.27 | −0.079% | $21.6M | $27.7M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.08 | −0.105% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDTlong | 0.0000% | 8h | 743.86 | long leg | $2K | $2.3M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 743.12 | −0.099% | $257K | $26K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.87 | +0.001% | $358K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0001% | 8h | 743.36 | −0.067% | $841K | $783K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.70 | −0.156% | $738K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.89 | +0.004% | — | $621K | 50x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
Arcus QQQ-USD
Vest QQQ-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH QQQ | +0.0048% | 1h | 743.61 | −0.034% | $37.6M | $79.0M | 50x | as long as short |
| Variational Omni QQQ | +0.0049% | 8h | 743.31 | −0.074% | $17.6M | $10.3M | — | as long as short |
| Ondo Perps QQQ-USD.P | +0.0050% | 1h | 742.08 | −0.239% | $4.2M | $2.1M | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0072% | 1h | 742.80 | −0.142% | $1.2M | $866K | 20x | as long as short |
| Binance QQQUSDTshort | +0.0080% | 8h | 743.41 | −0.061% | $71.0M | $160.6M | 25x | |
| Lighter QQQ | +0.0088% | 1h | 743.27 | −0.079% | $7.6M | $20.9M | 30x | as long as short |
| Bybit QQQUSDT | +0.0099% | 8h | 743.52 | −0.046% | $10.7M | $5.2M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.94 | −0.124% | $3.4M | $424K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.92 | −0.126% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.16 | −0.094% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.71 | −0.154% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0178% | 1h | 742.93 | −0.125% | $1.5M | $1.3M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0191% | 8h | 743.57 | −0.039% | $316K | $1.8M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0193% | 1h | 743.61 | −0.034% | $5.4M | $8.9M | 25x | as long as short |
| Phoenix QQQ | +0.0194% | 1h | 743.04 | −0.110% | $38K | $73K | 20x | as long as short |
| Bitget QQQUSDT | +0.0194% | 8h | 743.43 | −0.058% | $16.9M | $7.1M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0208% | 1h | 743.15 | −0.095% | $425K | $173K | 20x | as long as short |
| edgeX QQQUSDC | +0.0269% | 4h | 743.44 | −0.056% | $760K | $338K | 20x | as long as short |
Lighter RH QQQ
Variational Omni QQQ
Ondo Perps QQQ-USD.P
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Bybit QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Phoenix QQQ
Bitget QQQUSDT
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC