Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.7% APRnext payment −$0.24 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Binance−0.128%71s7-day average +0.018% · 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—prices read too far apart to compare
costs, in and out, $10k−$290.293% of the position
Funding, last 5 days (all we have)+0.036%+$4 on $10k
+Price spread, last 2 days (all we have)+0.113%+$11 · spread now −0.128%, 7d avg +0.018%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.146% cheaper against Binance than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.018%). Swap the legs. The two prices were read 71 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 | Binance TQQQUSDT | 79.432 | −0.0142 | get 0.0142% / 8h | 18m 06s | $18.0M | $49.1M | 20x |
| Short | BloFin TQQQ-USDT | 79.330 | −0.0167 | pay 0.0167% / 8h | 18m 06s | $161K | $30K | 20x |
Binance TQQQUSDT
BloFin TQQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$5.11
- Price spread: −0.128% → +0.018%
- −$14.58
- Slippage, 4 orders
- −$7.26
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$48.95
- Costs to cover
- 0.293%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; BloFin: live order book, 44 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, 9 min ago | 0.63 bp | 6.4 bp −$6 | 10.1 bp −$101 | 57.6 bp −$5,763 | doesn't fit |
| Sell BloFin live order book, 44 min ago | 1.89 bp | 9.0 bp −$9 | 12.8 bp −$128 | 48.1 bp −$4,806 | 118.5 bp −$59.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TQQQ-USDTshort | −0.0167% | 8h | 79.330 | −0.128% | $161K | $30K | 20x | |
| MEXC TQQQ_USDT | −0.0143% | 8h | 79.430 | −0.002% | $1.6M | $264K | 20x | as long as short |
| Binance TQQQUSDTlong | −0.0142% | 8h | 79.432 | long leg | $18.0M | $49.1M | 20x | |
| GRVT TQQQ_USDT_Perp | −0.0030% | 8h | 79.315 | −0.147% | $2K | $105K | 10x | as long as short |
| OKX TQQQ-USDT-SWAP | −0.0021% | 8h | 79.430 | −0.002% | $2.5M | $5.2M | 10x | as long as short |
| KuCoin TQQQUSDTM | −0.0018% | 8h | 79.380 | −0.065% | $180K | $873K | 10x | as long as short |
| Aster TQQQUSDT | 0.0000% | 8h | 79.281 | −0.190% | $70K | $145K | 20x | as long as short |
| Bybit TQQQUSDT | 0.0000% | 8h | 79.460 | +0.036% | $3.1M | $6.5M | 25x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 79.460 | +0.036% | $7.7M | $3.4M | 20x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 79.390 | −0.053% | $13K | $4K | 10x | as long as short |
MEXC TQQQ_USDT
GRVT TQQQ_USDT_Perp
OKX TQQQ-USDT-SWAP
KuCoin TQQQUSDTM
Aster TQQQUSDT
Bybit TQQQUSDT
Bitget TQQQUSDT
HTX TQQQ-USDTShow 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 | 79.390 | −0.053% | $5 | — | 10x | as long as short |
Orderly PERP_TQQQ_USDC_mythos