Funding you earn now, next payment 16:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.08 per $10,000 · paid last 24h +0.038%
Price spread now: Bitget against Aster−0.008%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.008%, 7d avg +0.040%
=Together, before fees+0.100%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.048% cheaper against Aster than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster QQQUSDT | 742.16 | 0.0008 | pay 0.0008% / 8h | 4h 47m | $855K | $915K | 20x |
| Short | Bitget QQQUSDT | 742.10 | 0 | get 0.0000% / 8h | 4h 47m | $17.0M | $6.0M | 20x |
Aster QQQUSDT
Bitget QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Aster. 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
- −$1.65
- Price spread: −0.008% → +0.040%
- −$4.78
- Slippage, 4 orders
- −$3.19
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$29.61
- Costs to cover
- 0.232%
- Break-even
- never at this rate
Slippage from Aster: live order book, 59 min ago; Bitget: live order book, 5 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 Aster live order book, 59 min ago | 0.88 bp | 4.9 bp −$5 | 5.1 bp −$51 | 23.8 bp −$2,380 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.07 bp | 6.8 bp −$7 | 8.8 bp −$88 | 13.3 bp −$1,327 | doesn't fit |
QQQ on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0203% / S +0.0285% | 1h | 742.33 | +0.022% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0026% | 8h | 742.02 | −0.019% | $1.1M | $242K | 20x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0010% | 1h | 740.64 | −0.205% | $4.2M | $1.8M | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.77 | −0.053% | $22.1M | $31.0M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.20 | +0.005% | $5.5M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.69 | −0.063% | $3.6M | $19.8M | 50x | as long as short |
| Bitget QQQUSDTshort | 0.0000% | 8h | 742.10 | −0.008% | $17.0M | $6.0M | 20x | |
| SunX QQQ-USDT | 0.0000% | 8h | 742.79 | +0.085% | $2K | $1.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.47 | +0.042% | $247K | $45K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.46 | +0.040% | $358K | $1.7M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Ondo Perps QQQ-USD.P
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0004% | 1h | 741.34 | −0.110% | $654K | $1.4M | 25x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0006% | 1h | 741.84 | −0.043% | $398K | $103K | 20x | as long as short |
| Aster QQQUSDTlong | +0.0008% | 8h | 742.16 | long leg | $855K | $915K | 20x | |
| Bybit QQQUSDT | +0.0017% | 8h | 741.83 | −0.044% | $10.9M | $5.1M | 50x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.52 | −0.086% | $7.2M | $16.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.31 | +0.020% | $38.8M | $76.1M | 50x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.31 | +0.155% | — | $337K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 741.86 | −0.040% | $1.2M | $585K | 20x | as long as short |
| Variational Omni QQQ | +0.0078% | 8h | 742.62 | +0.062% | $16.9M | $6.9M | — | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.80 | −0.049% | $3.4M | $510K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.49 | −0.090% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.99 | −0.023% | $12K | $21K | 20x | as long as short |
| Binance QQQUSDT | +0.0100% | 8h | 741.99 | −0.023% | $72.4M | $148.5M | 25x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.51 | −0.088% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0113% | 1h | 741.87 | −0.039% | $1.6M | $780K | 20x | as long as short |
| edgeX QQQUSDC | +0.0187% | 4h | 741.91 | −0.034% | $759K | $336K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0257% | 8h | 742.12 | −0.005% | $322K | $2.1M | 10x | as long as short |
| Phoenix QQQ | +0.0409% | 1h | 741.53 | −0.085% | $38K | $59K | 20x | as long as short |
Arcus QQQ-USD
Deribit QQQ_USDC-PERPETUAL
Bybit QQQUSDT
Lighter QQQ
Lighter RH QQQ
Vest QQQ-USD-PERP
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Binance QQQUSDT
Aevo QQQ-PERP
Nado QQQ-PERP
edgeX QQQUSDC
GRVT QQQ_USDT_Perp
Phoenix QQQ