QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.39 per $10,000 · paid last 24h +0.040%

Price spread now: Bitget against SunX−0.054%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$770.766% of the position

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.119%+$12 on $10k

Price spread, last 3 days (all we have)+0.016%+$2 · spread now −0.054%, 7d avg −0.015%

Together, before fees+0.135%+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.039% cheaper against SunX than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of −0.015%). If the spread goes back, that is −$4 on $10k: about 3.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX QQQ-USDT	745.17	0	get 0.0000% / 8h	6h 23m	$2K	$2.1M	10x
Short	Bitget QQQUSDT	744.77	0.0039	get 0.0039% / 8h	6h 23m	$16.9M	$5.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now −0.054%Rate

Funding earned: $8.19
Price spread: −0.054% → −0.015%: −$3.86
Slippage, 4 orders: −$56.64
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$72.31
Costs to cover: 0.766%
Break-even: 68.8 days

Slippage from SunX: live order book, 2 min ago; Bitget: 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 SunX live order book, 2 min ago	21.61 bp	25.6 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	0.07 bp	6.5 bp −$6	9.0 bp −$90	13.1 bp −$1,314	doesn't fit

QQQ on 27 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	−0.0115%	1h	743.25	−0.258%	$4.2M	$1.9M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0099% / S +0.0204%	1h	744.73	−0.060%	$25K	—	26x	as long as short
Bybit QQQUSDT	0.0000%	8h	744.81	−0.048%	$10.7M	$5.0M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	744.61	−0.075%	$21.5M	$26.0M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	744.17	−0.134%	$3.3M	$23.0M	50x	as long as short
SunX QQQ-USDTlong	0.0000%	8h	745.17	long leg	$2K	$2.1M	10x
HTX QQQ-USDT	0.0000%	8h	745.05	−0.016%	$257K	$29K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	744.93	−0.032%	$360K	$1.4M	10x	as long as short
Aster QQQUSDT	+0.0006%	8h	744.47	−0.093%	$841K	$712K	20x	as long as short
Lighter QQQ	+0.0032%	1h	744.47	−0.094%	$7.7M	$17.8M	30x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH QQQ	+0.0032%	1h	744.87	−0.040%	$37.4M	$80.0M	50x	as long as short
Bitget QQQUSDTshort	+0.0039%	8h	744.77	−0.054%	$16.9M	$5.9M	20x
Arcus QQQ-USD	+0.0040%	1h	743.56	−0.216%	$705K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	745.60	+0.058%	—	$337K	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0048%	1h	743.80	−0.184%	$1.2M	$537K	20x	as long as short
Variational Omni QQQ	+0.0056%	8h	744.54	−0.084%	$17.1M	$7.5M	—	as long as short
Binance QQQUSDT	+0.0083%	8h	744.68	−0.066%	$71.1M	$147.4M	25x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	744.27	−0.121%	$3.4M	$403K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	743.82	−0.181%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	744.33	−0.113%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.80	−0.183%	$93K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0120%	1h	744.25	−0.123%	$1.5M	$975K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0140%	1h	744.46	−0.095%	$425K	$148K	20x	as long as short
RISEx QQQ/USDC	+0.0168%	1h	744.65	−0.069%	$5.4M	$8.1M	25x	as long as short
Phoenix QQQ	+0.0183%	1h	744.08	−0.146%	$38K	$66K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0197%	8h	744.50	−0.089%	$320K	$1.8M	10x	as long as short
edgeX QQQUSDC	+0.0287%	4h	744.31	−0.115%	$761K	$333K	20x	as long as short