QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: Orderly against SunX−0.110%57s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.110% cheaper against SunX than usual: you would sell low and buy high (spread −0.110% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 3.7 days of funding at the current rate (+$3 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

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	3h 27m	$2K	$1.9M	10x
Short	Orderly PERP_QQQ_USDC_mythos	743.04	0.0100	get 0.0100% / 8h	3h 27m	$12K	$21K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.110%Rate

Funding earned: $21
Price spread: −0.110% → 0.000%: −$11.02
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$4.02
Costs to cover: 0.140%
Break-even: 8.3 days

Slippage unknown: SunX: live order book, 8 min ago; Orderly: no order-book sample. Net counts fees only.

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, 8 min ago	21.65 bp	25.6 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0136% / S +0.0233%	1h	743.24	−0.084%	$25K	—	26x	as long as short
Ondo Perps QQQ-USD.P	−0.0046%	1h	742.32	−0.207%	$4.2M	$1.8M	20x	as long as short
BloFin QQQ-USDT	−0.0011%	8h	743.11	−0.101%	$1.1M	$255K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	743.33	−0.071%	$840K	$714K	20x	as long as short
Binance QQQUSDT	0.0000%	8h	743.23	−0.085%	$70.7M	$141.8M	25x	as long as short
Bybit QQQUSDT	0.0000%	8h	743.32	−0.073%	$10.7M	$5.0M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.16	−0.094%	$21.5M	$27.1M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	742.75	−0.149%	$3.3M	$21.1M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	743.46	−0.054%	$16.9M	$5.5M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	743.21	−0.087%	$17.1M	$7.3M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX QQQ-USDTlong	0.0000%	8h	743.86	long leg	$2K	$1.9M	10x
Coinbase International QQQ-PERP-INTX	0.0000%	1h	742.71	−0.155%	$1.2M	$534K	20x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.33	−0.071%	$257K	$29K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	743.71	−0.020%	$359K	$1.6M	10x	as long as short
RISEx QQQ/USDC	+0.0010%	1h	743.43	−0.058%	$5.4M	$7.3M	25x	as long as short
Lighter QQQ	+0.0032%	1h	743.28	−0.078%	$7.7M	$15.8M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	743.64	−0.030%	$37.0M	$79.1M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	742.48	−0.186%	$704K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	744.30	+0.059%	—	$337K	50x	as long as short
GRVT QQQ_USDT_Perp	+0.0070%	8h	743.39	−0.063%	$321K	$1.9M	10x	as long as short
Nado QQQ-PERP	+0.0078%	1h	743.11	−0.101%	$1.5M	$758K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0100%	1h	743.25	−0.082%	$425K	$150K	20x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	743.02	−0.113%	$3.4M	$340K	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_mythosshort	+0.0100%	8h	743.04	−0.110%	$12K	$21K	20x
Aevo QQQ-PERP	+0.0104%	1h	742.52	−0.181%	$92K	$1K	10x	as long as short
Phoenix QQQ	+0.0118%	1h	742.84	−0.137%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0725%	4h	743.13	−0.099%	$760K	$333K	20x	as long as short