Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%
Price spread now: Binance against OKX+0.053%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$300.295% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 7 days−0.062%−$6 · spread now +0.053%, 7d avg −0.022%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.074% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.022%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX TQQQ-USDT-SWAP | 78.830 | 0 | get 0.0000% / 8h | 12m 30s | $2.2M | $6.1M | 10x |
| Short | Binance TQQQUSDT | 78.872 | 0 | get 0.0000% / 8h | 12m 30s | $18.2M | $49.0M | 20x |
OKX TQQQ-USDT-SWAP
Binance TQQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: +0.053% → −0.022%
- $7.42
- Slippage, 4 orders
- −$9.5
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.08
- Costs to cover
- 0.295%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 15 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 OKX live order book, 5 min ago | 0.63 bp | 9.3 bp −$9 | 38.7 bp −$387 | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.63 bp | 6.6 bp −$7 | 12.1 bp −$121 | 40.4 bp −$4,044 | 91.3 bp −$45.7K |
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 | −0.0072% | 8h | 78.800 | −0.038% | $179K | $473K | 10x | as long as short |
| Bitget TQQQUSDT | −0.0058% | 8h | 78.870 | +0.051% | $7.6M | $2.9M | 20x | as long as short |
| Aster TQQQUSDT | 0.0000% | 8h | 78.915 | +0.108% | $70K | $146K | 20x | as long as short |
| Binance TQQQUSDTshort | 0.0000% | 8h | 78.872 | +0.053% | $18.2M | $49.0M | 20x | |
| Bybit TQQQUSDT | 0.0000% | 8h | 78.900 | +0.089% | $2.4M | $6.9M | 25x | as long as short |
| OKX TQQQ-USDT-SWAPlong | 0.0000% | 8h | 78.830 | long leg | $2.2M | $6.1M | 10x | |
| MEXC TQQQ_USDT | 0.0000% | 8h | 78.860 | +0.038% | $1.6M | $259K | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 78.845 | +0.019% | $2K | $110K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 78.810 | −0.025% | $14K | $16K | 50x | as long as short |
| BloFin TQQQ-USDT | +0.0006% | 8h | 78.900 | +0.089% | $150K | $33K | 20x | as long as short |
KuCoin TQQQUSDTM
Bitget TQQQUSDT
Aster TQQQUSDT
Bybit TQQQUSDT
MEXC TQQQ_USDT
GRVT TQQQ_USDT_Perp
HTX TQQQ-USDT
BloFin 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 | 78.890 | +0.076% | $5 | — | 10x | as long as short |
Orderly PERP_TQQQ_USDC_mythos