Funding you earn now, next payment 22:00 UTC+0.0087%/8h= +9.5% APRpaid last 24h +0.029%
Price spread now: Deribit against SunX−0.094%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$760.761% of the position
Funding, last 5 days (all we have)+0.104%+$10 on $10k
+Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.094%, 7d avg −0.106%
=The price spread sits at its 7-day average of −0.106%, so right now this pair is about funding alone: +$3 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 | 742.55 | 0 | get 0.0000% / 8h | 2h 07m | $1K | $2.4M | 10x |
| Short | Deribit QQQ_USDC-PERPETUAL | 741.85 | 0.0087 | get 0.0011% / 1h | 7m 21s | $424K | $304K | 20x |
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $18.29
- Price spread: −0.094% → −0.106%
- $1.14
- Slippage, 4 orders
- −$61.11
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$56.67
- Costs to cover
- 0.761%
- Break-even
- 28.7 days
Slippage from SunX: live order book, 9 min ago; Deribit: live order book, 16 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, 9 min ago | 21.62 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 16 min ago | 0.07 bp | 8.9 bp −$9 | 10.5 bp −$105 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0061% / S +0.0174% | 1h | 742.12 | −0.059% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0012% | 8h | 741.77 | −0.105% | $1.0M | $509K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.88 | −0.090% | $21.3M | $28.1M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.82 | −0.098% | $3.1M | $33.3M | 50x | as long as short |
| SunX QQQ-USDTlong | 0.0000% | 8h | 742.55 | long leg | $1K | $2.4M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 742.41 | −0.019% | $256K | $32K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.30 | −0.034% | $360K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0007% | 8h | 741.87 | −0.092% | $840K | $780K | 20x | as long as short |
| Arcus QQQ-USD | +0.0025% | 1h | 741.26 | −0.174% | $735K | $1.5M | 25x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0030% | 1h | 740.96 | −0.214% | $4.2M | $2.2M | 20x | 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
Ondo Perps QQQ-USD.PShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.46 | −0.012% | — | $621K | 50x | as long as short |
| Variational Omni QQQ | +0.0058% | 8h | 741.96 | −0.079% | $17.2M | $10.6M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 741.62 | −0.125% | $1.2M | $897K | 20x | as long as short |
| Bybit QQQUSDT | +0.0074% | 8h | 742.15 | −0.054% | $10.7M | $5.4M | 50x | as long as short |
| Phoenix QQQ | +0.0076% | 1h | 741.46 | −0.147% | $38K | $73K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUALshort | +0.0087% | 1h | 741.85 | −0.094% | $424K | $304K | 20x | |
| Binance QQQUSDT | +0.0089% | 8h | 742.11 | −0.059% | $69.8M | $165.0M | 25x | as long as short |
| Lighter QQQ | +0.0096% | 1h | 741.91 | −0.086% | $7.8M | $21.7M | 30x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.52 | −0.139% | $3.4M | $449K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.43 | −0.151% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.21 | −0.180% | $7K | $15K | 20x | as long as short |
| Lighter RH QQQ | +0.0104% | 1h | 742.24 | −0.042% | $37.8M | $83.2M | 50x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.39 | −0.156% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0181% | 8h | 742.07 | −0.065% | $316K | $1.7M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0212% | 1h | 742.20 | −0.048% | $5.4M | $9.3M | 25x | as long as short |
| Bitget QQQUSDT | +0.0227% | 8h | 742.15 | −0.054% | $16.7M | $7.8M | 20x | as long as short |
| Nado QQQ-PERP | +0.0243% | 1h | 741.46 | −0.147% | $1.5M | $1.3M | 20x | as long as short |
| edgeX QQQUSDC | +0.0275% | 4h | 741.95 | −0.080% | $759K | $336K | 20x | as long as short |
Vest QQQ-USD-PERP
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Bybit QQQUSDT
Phoenix QQQ
Binance QQQUSDT
Lighter QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Lighter RH QQQ
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
RISEx QQQ/USDC
Bitget QQQUSDT
Nado QQQ-PERP
edgeX QQQUSDC