Settings8H · net · $10k
Funding arb · Price arb /

QQQ

RWAall QQQ markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0060%/8h= +6.5% APRpaid last 24h +0.020%
Price spread now: KuCoin against Arcus+0.099%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$320.323% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.079%+$8 on $10k
Price spread, last 7 days−0.091%−$9 · spread now +0.099%, 7d avg +0.096%
Together, before fees−0.012%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.096%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus QQQ-USD743.780.0040pay 0.0005% / 1h59m 50s$748K$1.5M25x
ShortKuCoin QQQUSDTM744.520.0100get 0.0100% / 8h6h 59m$3.4M$410K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Arcus. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$12.54
Price spread: +0.099% → +0.096%
$0.38
Slippage, 4 orders
−$15.76
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$19.33
Costs to cover
0.323%
Break-even
17.8 days
Slippage from Arcus: live order book, 4 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Arcus live order book, 4 min ago0.20 bp5.6 bp −$69.0 bp −$9025.5 bp −$2,550doesn't fit
Sell KuCoin live order book, 3 min ago1.41 bp12.0 bp −$12120.7 bp −$1,207doesn't fitdoesn't fit

QQQ on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps QQQ-USD.P−0.0307%1h743.25−0.071%$4.2M$2.0M20xas long as short
GMX QQQ/USD [ETH-USDC]L −0.0092% / S +0.0198%1h744.76+0.132%$25K26xas long as short
OKX QQQ-USDT-SWAP0.0000%8h744.52+0.099%$21.5M$25.4M50xas long as short
Gate QQQ_USDT0.0000%8h744.37+0.079%$3.2M$29.1M50xas long as short
SunX QQQ-USDT0.0000%8h745.25+0.198%$2K$2.1M10xas long as short
HTX QQQ-USDT0.0000%8h744.94+0.156%$257K$29K30xas long as short
Phemex QQQUSDT0.0000%8h745.03+0.168%$360K$1.4M10xas long as short
BloFin QQQ-USDT+0.0003%8h744.38+0.081%$1.1M$320K20xas long as short
Aster QQQUSDT+0.0022%8h744.66+0.118%$841K$713K20xas long as short
Bybit QQQUSDT+0.0027%8h744.76+0.132%$10.7M$5.0M50xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter QQQ+0.0032%1h744.51+0.098%$7.7M$18.5M30xas long as short
Lighter RH QQQ+0.0032%1h744.92+0.153%$37.4M$81.4M50xas long as short
Arcus QQQ-USDlong+0.0040%1h743.78long leg$748K$1.5M25x
Vest QQQ-USD-PERP+0.0046%1h745.31+0.206%$306K50xas long as short
Coinbase International QQQ-PERP-INTX+0.0064%1h744.09+0.042%$1.2M$545K20xas long as short
Variational Omni QQQ+0.0072%8h744.60+0.111%$17.1M$7.6Mas long as short
Nado QQQ-PERP+0.0099%1h744.35+0.076%$1.5M$1.1M20xas long as short
Deribit QQQ_USDC-PERPETUAL+0.0099%1h744.53+0.101%$425K$147K20xas long as short
Binance QQQUSDT+0.0099%8h744.79+0.136%$71.3M$149.2M25xas long as short
KuCoin QQQUSDTMshort+0.0100%8h744.52+0.099%$3.4M$410K20x
ApeX Omni QQQUSDT+0.0100%1h744.13+0.047%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h744.51+0.098%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h744.02+0.032%$93K$1K10xas long as short
Bitget QQQUSDT+0.0144%8h744.71+0.125%$16.9M$6.1M20xas long as short
RISEx QQQ/USDC+0.0208%1h744.80+0.138%$5.4M$8.2M25xas long as short
edgeX QQQUSDC+0.0216%4h744.53+0.100%$761K$337K20xas long as short
Phoenix QQQ+0.0258%1h744.36+0.078%$38K$66K20xas long as short
GRVT QQQ_USDT_Perp+0.0361%8h744.85+0.144%$318K$1.8M10xas long as short