Funding you earn now, next payment 16:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h +0.017%
Price spread now: Bitget against Binance+0.016%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 7 days+0.013%+$1 · spread now +0.016%, 7d avg +0.021%
=The price spread sits at its 7-day average of +0.021%, 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 paid +0.116%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TQQQUSDT | 78.548 | 0 | get 0.0000% / 8h | 7h 46m | $18.1M | $49.4M | 20x |
| Short | Bitget TQQQUSDT | 78.560 | −0.0027 | pay 0.0027% / 8h | 7h 46m | $7.5M | $2.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$5.67
- Price spread: +0.016% → +0.021%
- −$0.55
- Slippage, 4 orders
- −$12.04
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$40.26
- Costs to cover
- 0.340%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Bitget: 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 Binance live order book, 11 min ago | 0.63 bp | 6.7 bp −$7 | 12.2 bp −$122 | 90.6 bp −$9,064 | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.64 bp | 11.8 bp −$12 | 23.9 bp −$239 | 60.1 bp −$6,006 | doesn't fit |
TQQQ on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TQQQUSDTM | −0.0071% | 8h | 78.520 | −0.035% | $179K | $474K | 10x | as long as short |
| Bitget TQQQUSDTshort | −0.0027% | 8h | 78.560 | +0.016% | $7.5M | $2.8M | 20x | |
| Aster TQQQUSDT | 0.0000% | 8h | 78.599 | +0.065% | $69K | $146K | 20x | as long as short |
| Binance TQQQUSDTlong | 0.0000% | 8h | 78.548 | long leg | $18.1M | $49.4M | 20x | |
| Bybit TQQQUSDT | 0.0000% | 8h | 78.590 | +0.054% | $2.4M | $6.8M | 25x | as long as short |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 78.570 | +0.028% | $2.2M | $6.1M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 78.540 | −0.010% | $1.6M | $254K | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 78.574 | +0.033% | $1K | $109K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 78.560 | +0.016% | $14K | $16K | 50x | as long as short |
| BloFin TQQQ-USDT | +0.0020% | 8h | 78.600 | +0.066% | $151K | $33K | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 78.530 | −0.023% | $5 | — | 10x | as long as short |
Binance TQQQUSDT
Bitget TQQQUSDT
KuCoin TQQQUSDTM
Aster TQQQUSDT
Bybit TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT
BloFin TQQQ-USDT