Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.098%7-day average −0.087% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$870.868% of the position
Funding, last 7 days+0.197%+$20 on $10k
+Price spread, last 3 days (all we have)−0.006%−$1 · spread now −0.098%, 7d avg −0.087%
=The price spread sits at its 7-day average of −0.087%, 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 | 742.60 | 0 | get 0.0000% / 8h | 1h 45m | $2K | $2.4M | 10x |
| Short | KuCoin QQQUSDTM | 741.87 | 0.0100 | get 0.0100% / 8h | 1h 45m | $3.4M | $440K | 20x |
SunX QQQ-USDT
KuCoin QQQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.098% → −0.087%
- −$1.15
- Slippage, 4 orders
- −$66.81
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$66.96
- Costs to cover
- 0.868%
- Break-even
- 29.3 days
Slippage from SunX: live order book, 1 min ago; KuCoin: live order book, 2 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, 1 min ago | 21.61 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.70 bp | 12.9 bp −$13 | 119.2 bp −$1,192 | 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 −0.0066% / S +0.0178% | 1h | 742.36 | −0.033% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0026% | 1h | 741.14 | −0.197% | $4.2M | $2.2M | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.24 | −0.048% | $21.5M | $28.2M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.02 | −0.078% | $3.1M | $32.8M | 50x | as long as short |
| SunX QQQ-USDTlong | 0.0000% | 8h | 742.60 | long leg | $2K | $2.4M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 742.43 | −0.023% | $257K | $32K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.66 | +0.008% | $360K | $1.4M | 10x | as long as short |
| Aster QQQUSDT | +0.0005% | 8h | 742.11 | −0.067% | $840K | $780K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0020% | 1h | 742.07 | −0.071% | $424K | $305K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0021% | 8h | 742.14 | −0.062% | $1.0M | $483K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
HTX QQQ-USDT
Phemex QQQUSDT
Aster QQQUSDT
Deribit QQQ_USDC-PERPETUAL
BloFin QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 742.27 | −0.044% | $7.8M | $21.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.63 | +0.004% | $37.7M | $81.1M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.63 | −0.131% | $737K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.89 | +0.039% | — | $621K | 50x | as long as short |
| Variational Omni QQQ | +0.0059% | 8h | 742.08 | −0.069% | $17.2M | $10.1M | — | as long as short |
| Binance QQQUSDT | +0.0084% | 8h | 742.33 | −0.037% | $69.6M | $162.4M | 25x | as long as short |
| Bybit QQQUSDT | +0.0086% | 8h | 742.46 | −0.019% | $10.7M | $5.4M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0088% | 1h | 741.84 | −0.102% | $1.2M | $872K | 20x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 741.87 | −0.098% | $3.4M | $440K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.85 | −0.101% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.28 | −0.178% | $7K | $16K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.67 | −0.125% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0170% | 1h | 741.96 | −0.086% | $1.5M | $1.3M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0183% | 8h | 742.37 | −0.031% | $317K | $1.8M | 10x | as long as short |
| Bitget QQQUSDT | +0.0218% | 8h | 742.35 | −0.034% | $16.7M | $7.2M | 20x | as long as short |
| edgeX QQQUSDC | +0.0249% | 4h | 742.19 | −0.055% | $759K | $337K | 20x | as long as short |
| Phoenix QQQ | +0.0259% | 1h | 742.02 | −0.078% | $38K | $73K | 20x | as long as short |
| RISEx QQQ/USDC | +0.0315% | 1h | 742.57 | −0.004% | $5.4M | $9.3M | 25x | as long as short |
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Binance QQQUSDT
Bybit QQQUSDT
Coinbase International QQQ-PERP-INTX
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Bitget QQQUSDT
edgeX QQQUSDC
Phoenix QQQ
RISEx QQQ/USDC