Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against SunX−0.019%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1301.297% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.019%, 7d avg −0.013%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX QQQ-USDT | 744.99 | 0 | get 0.0000% / 8h | 5h 07m | $2K | $1.9M | 10x |
| Short | Phemex QQQUSDT | 744.85 | 0 | get 0.0000% / 8h | 5h 07m | $359K | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: −0.019% → −0.013%
- −$0.58
- Slippage, 4 orders
- −$109.7
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$130.28
- Costs to cover
- 1.297%
- Break-even
- never at this rate
Slippage from SunX: live order book, 9 min ago; Phemex: live order book, 1 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 | 10.48 bp | 36.5 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 1 min ago | 1.21 bp | 32.2 bp −$32 | doesn't fit | 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 −0.0115% / S +0.0217% | 1h | 744.54 | −0.060% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0072% | 1h | 743.09 | −0.255% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.41 | −0.077% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.59 | −0.054% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.37 | −0.083% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.56 | −0.057% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.12 | −0.117% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.64 | −0.047% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDTlong | 0.0000% | 8h | 744.99 | long leg | $2K | $1.9M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 744.62 | −0.050% | $257K | $29K | 30x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDTshort | 0.0000% | 8h | 744.85 | −0.019% | $359K | $1.5M | 10x | |
| Variational Omni QQQ | +0.0022% | 8h | 744.27 | −0.097% | $17.1M | $7.5M | — | as long as short |
| BloFin QQQ-USDT | +0.0029% | 8h | 744.32 | −0.090% | $1.1M | $293K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.38 | −0.082% | $7.7M | $17.2M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.79 | −0.027% | $37.1M | $80.4M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.97 | −0.137% | $1.2M | $535K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.58 | −0.189% | $695K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.52 | +0.071% | — | $337K | 50x | as long as short |
| Binance QQQUSDT | +0.0053% | 8h | 744.55 | −0.059% | $71.2M | $142.9M | 25x | as long as short |
| Nado QQQ-PERP | +0.0082% | 1h | 744.14 | −0.114% | $1.5M | $875K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0099% | 1h | 744.33 | −0.089% | $425K | $149K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.18 | −0.109% | $3.4M | $404K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.09 | −0.121% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.21 | −0.105% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.68 | −0.176% | $93K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0122% | 8h | 744.53 | −0.062% | $322K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 744.07 | −0.123% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0656% | 4h | 744.38 | −0.082% | $761K | $334K | 20x | as long as short |
SunX QQQ-USDT
Phemex QQQUSDT
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
HTX QQQ-USDT
Variational Omni QQQ
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
Deribit QQQ_USDC-PERPETUAL
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC