Funding you earn now, next payment 05:00 UTC+0.0758%/8h= +83.0% APRpaid last 24h +0.055%
Price spread now: edgeX against Arcus+0.098%54s7-day average +0.123% · you sell dearer than you buy
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−$280.278% of the position
Funding, last 4 days (all we have)−0.309%−$31 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now +0.098%, 7d avg +0.123%
=Together, before fees−0.301%+ Points / potential airdropedgeX: Active · farm board−$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.025% cheaper against Arcus than usual: you would sell low and buy high (spread +0.098% now, against its 7-day average of +0.123%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$23 a day). Mind the row above: over the last 4 days funding on this pair cost −0.309%, so the current rate has only just turned in your favour. The two prices were read 54 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 | Arcus QQQ-USD | 742.76 | 0.0040 | pay 0.0005% / 1h | 40m 41s | $702K | $1.6M | 25x |
| Short | edgeX QQQUSDC | 743.49 | 0.0798 | get 0.0399% / 4h | 3h 40m | $760K | $333K | 20x |
Arcus QQQ-USD
edgeX QQQUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Arcus. 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
- $159.21
- Price spread: +0.098% → +0.123%
- −$2.51
- Slippage, 4 orders
- −$14.25
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $128.95
- Costs to cover
- 0.278%
- Break-even
- 1.3 days
Slippage from Arcus: live order book, 3 min ago; edgeX: live order book, 13 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 Arcus live order book, 3 min ago | 0.94 bp | 4.8 bp −$5 | 7.4 bp −$74 | 25.5 bp −$2,554 | doesn't fit |
| Sell edgeX live order book, 13 min ago | 4.10 bp | 8.7 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0133% / S +0.0231% | 1h | 743.36 | +0.080% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0043% | 1h | 742.40 | −0.048% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.24 | +0.064% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.24 | +0.065% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.12 | +0.048% | $21.4M | $26.9M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.88 | +0.016% | $3.3M | $20.9M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.70 | +0.127% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.22 | +0.063% | $17.1M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.81 | +0.141% | $2K | $1.9M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | −0.016% | $1.2M | $536K | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTXShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 743.57 | +0.109% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.67 | +0.123% | $360K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0006% | 8h | 743.31 | +0.074% | $70.8M | $141.2M | 25x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.38 | +0.084% | $5.4M | $7.3M | 25x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0019% | 1h | 743.08 | +0.043% | $424K | $150K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0021% | 8h | 743.25 | +0.066% | $1.1M | $256K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.17 | +0.055% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.57 | +0.109% | $37.0M | $78.6M | 50x | as long as short |
| Arcus QQQ-USDlong | +0.0040% | 1h | 742.76 | long leg | $702K | $1.6M | 25x | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.39 | +0.219% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0076% | 8h | 743.87 | +0.149% | $326K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0089% | 1h | 743.28 | +0.070% | $1.5M | $773K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.06 | +0.040% | $3.4M | $340K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.28 | +0.070% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.08 | +0.043% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.54 | −0.030% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.10 | +0.046% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDCshort | +0.0798% | 4h | 743.49 | +0.098% | $760K | $333K | 20x |
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
RISEx QQQ/USDC
Deribit QQQ_USDC-PERPETUAL
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ