Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.28 per $10,000 · paid last 24h +0.027%
Price spread now: BloFin against SunX−0.054%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$760.762% of the position
Funding, last 7 days−0.132%−$13 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.054%, 7d avg −0.057%
=The price spread sits at its 7-day average of −0.057%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.132%, 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 | SunX QQQ-USDT | 743.51 | 0 | get 0.0000% / 8h | 3h 22m | $2K | $1.9M | 10x |
| Short | BloFin QQQ-USDT | 743.11 | 0.0028 | get 0.0028% / 8h | 3h 22m | $1.1M | $256K | 20x |
SunX QQQ-USDT
BloFin QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $5.79
- Price spread: −0.054% → −0.057%
- $0.32
- Slippage, 4 orders
- −$56.19
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$70.08
- Costs to cover
- 0.762%
- Break-even
- 91.7 days
Slippage from SunX: live order book, 3 min ago; BloFin: live order book, 10 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 | 21.65 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 10 min ago | 0.07 bp | 6.3 bp −$6 | 7.8 bp −$78 | 12.1 bp −$1,207 | 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 −0.0137% / S +0.0234% | 1h | 743.04 | −0.063% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0039% | 1h | 741.81 | −0.229% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.01 | −0.067% | $840K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.01 | −0.067% | $70.5M | $142.1M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.97 | −0.073% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.76 | −0.101% | $21.5M | $27.2M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.40 | −0.149% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.33 | −0.024% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.08 | −0.058% | $17.1M | $7.3M | — | as long as short |
| SunX QQQ-USDTlong | 0.0000% | 8h | 743.51 | long leg | $2K | $1.9M | 10x |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 742.66 | −0.114% | $424K | $151K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | −0.117% | $1.2M | $537K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.17 | −0.046% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.28 | −0.031% | $363K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.19 | −0.043% | $5.4M | $7.3M | 25x | as long as short |
| BloFin QQQ-USDTshort | +0.0028% | 8h | 743.11 | −0.054% | $1.1M | $256K | 20x | |
| Lighter QQQ | +0.0032% | 1h | 742.86 | −0.087% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.26 | −0.034% | $37.0M | $79.2M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.28 | −0.165% | $704K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.99 | +0.065% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0067% | 8h | 743.31 | −0.027% | $321K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0078% | 1h | 742.69 | −0.110% | $1.5M | $746K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.83 | −0.091% | $3.4M | $340K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.98 | −0.071% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.87 | −0.086% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.29 | −0.164% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.83 | −0.091% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0886% | 4h | 743.23 | −0.037% | $760K | $334K | 20x | as long as short |
Deribit QQQ_USDC-PERPETUAL
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
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
edgeX QQQUSDC