Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against Orderly+0.076%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.076% dearer against Orderly than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_TQQQ_USDC_mythos | 79.260 | 0.0100 | pay 0.0100% / 8h | 5h 08m | $5 | — | 10x |
| Short | Bybit TQQQUSDT | 79.320 | 0 | get 0.0000% / 8h | 5h 08m | $2.9M | $7.7M | 25x |
Orderly PERP_TQQQ_USDC_mythos
Bybit TQQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Orderly. 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
- −$21
- Price spread: +0.076% → 0.000%
- $7.57
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$30.43
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 3 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 3 min ago | 1.89 bp | 10.4 bp −$10 | 30.2 bp −$302 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin TQQQ-USDT | −0.0022% | 8h | 79.190 | −0.088% | $152K | $33K | 20x | as long as short |
| Aster TQQQUSDT | 0.0000% | 8h | 79.232 | −0.035% | $65K | $160K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 79.276 | +0.020% | $18.3M | $52.7M | 20x | as long as short |
| Bybit TQQQUSDTshort | 0.0000% | 8h | 79.320 | +0.076% | $2.9M | $7.7M | 25x | |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 79.290 | +0.038% | $2.2M | $6.3M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 79.280 | +0.025% | $3.0M | $431K | 20x | as long as short |
| Bitget TQQQUSDT | 0.0000% | 8h | 79.290 | +0.038% | $7.5M | $2.6M | 20x | as long as short |
| GRVT TQQQ_USDT_Perp | 0.0000% | 8h | 79.240 | −0.025% | $2K | $108K | 10x | as long as short |
| HTX TQQQ-USDT | 0.0000% | 8h | 79.140 | −0.151% | $14K | $16K | 50x | as long as short |
| KuCoin TQQQUSDTM | +0.0100% | 8h | 79.240 | −0.025% | $189K | $544K | 10x | as long as short |
BloFin TQQQ-USDT
Aster TQQQUSDT
Binance TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
Bitget TQQQUSDT
GRVT TQQQ_USDT_Perp
HTX 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_mythoslong | +0.0100% | 8h | 79.260 | long leg | $5 | — | 10x |