Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.022%
Price spread now: Bybit against Binance+0.038%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$340.337% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now +0.038%, 7d avg +0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.021% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance TQQQUSDT | 79.140 | 0 | get 0.0000% / 8h | 5h 28m | $18.3M | $52.6M | 20x |
| Short | Bybit TQQQUSDT | 79.170 | 0 | get 0.0000% / 8h | 5h 28m | $2.9M | $7.7M | 25x |
Binance TQQQUSDT
Bybit TQQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.038% → +0.017%
- $2.12
- Slippage, 4 orders
- −$12.75
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$31.63
- Costs to cover
- 0.337%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 3 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, 7 min ago | 0.63 bp | 6.9 bp −$7 | 11.0 bp −$110 | 67.4 bp −$6,742 | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.26 bp | 10.1 bp −$10 | 53.4 bp −$534 | doesn't fit | doesn't fit |
TQQQ on 11 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster TQQQUSDT | 0.0000% | 8h | 79.133 | −0.008% | $67K | $158K | 20x | as long as short |
| Binance TQQQUSDTlong | 0.0000% | 8h | 79.140 | long leg | $18.3M | $52.6M | 20x | |
| Bybit TQQQUSDTshort | 0.0000% | 8h | 79.170 | +0.038% | $2.9M | $7.7M | 25x | |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 79.140 | 0.000% | $2.2M | $6.3M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 79.130 | −0.013% | $3.0M | $430K | 20x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 79.130 | −0.013% | $7.5M | $2.7M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 79.101 | −0.050% | $2K | $107K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 79.080 | −0.076% | $14K | $16K | 50x | as long as short |
| BloFin TQQQ-USDT | +0.0019% | 8h | 79.190 | +0.063% | $153K | $33K | 20x | as long as short |
| KuCoin TQQQUSDTM | +0.0100% | 8h | 79.110 | −0.038% | $188K | $539K | 10x | as long as short |
Aster TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT
BloFin TQQQ-USDT
KuCoin TQQQUSDTMShow all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 79.140 | 0.000% | $5 | — | 10x | as long as short |
Orderly PERP_TQQQ_USDC_mythos