Funding you earn now, next payment 20:00 UTC−0.0141%/8hnext payment −$0.18 per $10,000 · paid last 24h −0.019%
Price spread now: Arcus against Aevo−0.034%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Arcus is 0.034% cheaper against Aevo than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo QQQ-PERP | 742.63 | 0.0104 | pay 0.0013% / 1h | 22m 05s | $92K | $1K | 10x |
| Short | Arcus QQQ-USD | 742.37 | −0.0037 | pay 0.0005% / 1h | 22m 05s | $757K | $1.5M | 25x |
Aevo QQQ-PERP
Arcus QQQ-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Aevo. 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
- −$29.69
- Price spread: −0.034% → 0.000%
- −$3.45
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$53.64
- Costs to cover
- 0.205%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Arcus: live order book, 1 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 1 min ago | 0.20 bp | 4.0 bp −$4 | 4.4 bp −$44 | 7.8 bp −$779 | doesn't fit |
Aevo: 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.
QQQ on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0082% | 1h | 741.84 | −0.106% | $4.2M | $2.3M | 20x | as long as short |
| Arcus QQQ-USDshort | −0.0037% | 1h | 742.37 | −0.034% | $757K | $1.5M | 25x | |
| GMX QQQ/USD [ETH-USDC] | L −0.0027% / S +0.0135% | 1h | 743.28 | +0.089% | $25K | — | 53x | as long as short |
| Gate QQQ_USDT | −0.0018% | 8h | 742.57 | −0.008% | $3.1M | $33.8M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.07 | +0.060% | $21.3M | $26.1M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.14 | +0.069% | $5.2M | $9.0M | 25x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.55 | +0.124% | $2K | $2.4M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.16 | +0.072% | $257K | $33K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.52 | +0.120% | $362K | $1.3M | 10x | as long as short |
| Phoenix QQQ | +0.0022% | 1h | 742.56 | −0.009% | $38K | $73K | 20x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Phoenix QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 743.19 | +0.076% | $8.0M | $21.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.64 | +0.137% | $39.3M | $84.3M | 50x | as long as short |
| Aster QQQUSDT | +0.0037% | 8h | 743.05 | +0.057% | $846K | $584K | 20x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.83 | +0.162% | — | $621K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 742.77 | +0.019% | $1.2M | $847K | 20x | as long as short |
| Bybit QQQUSDT | +0.0066% | 8h | 743.30 | +0.091% | $10.6M | $5.8M | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0073% | 1h | 743.13 | +0.068% | $425K | $303K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.91 | +0.038% | $3.4M | $439K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.60 | −0.004% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.37 | −0.034% | $7K | $15K | 20x | as long as short |
| Variational Omni QQQ | +0.0101% | 8h | 742.68 | +0.007% | $17.2M | $10.4M | — | as long as short |
| Aevo QQQ-PERPlong | +0.0104% | 1h | 742.63 | long leg | $92K | $1K | 10x | |
| Binance QQQUSDT | +0.0119% | 8h | 743.30 | +0.091% | $69.8M | $155.0M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0120% | 8h | 742.23 | −0.053% | $1.1M | $511K | 20x | as long as short |
| Nado QQQ-PERP | +0.0152% | 1h | 742.68 | +0.008% | $1.5M | $1.4M | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0203% | 8h | 743.10 | +0.064% | $321K | $1.5M | 10x | as long as short |
| Bitget QQQUSDT | +0.0284% | 8h | 743.36 | +0.099% | $16.9M | $7.5M | 20x | as long as short |
| edgeX QQQUSDC | +0.0516% | 4h | 742.88 | +0.034% | $760K | $335K | 20x | as long as short |
Lighter QQQ
Lighter RH QQQ
Aster QQQUSDT
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Bybit QQQUSDT
Deribit QQQ_USDC-PERPETUAL
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Variational Omni QQQ
Binance QQQUSDT
BloFin QQQ-USDT
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Bitget QQQUSDT
edgeX QQQUSDC