Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.025%
Price spread now: KuCoin against Aster−0.060%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$370.375% of the position
Funding, last 7 days+0.162%+$16 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.060%, 7d avg −0.030%
=Together, before fees+0.197%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.030% cheaper against Aster than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of −0.030%). If the spread goes back, that is −$3 on $10k: about 24 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster QQQUSDT | 741.78 | 0 | get 0.0000% / 8h | 32m 52s | $821K | $861K | 20x |
| Short | KuCoin QQQUSDTM | 741.34 | 0.0100 | get 0.0100% / 8h | 32m 52s | $3.4M | $360K | 20x |
Aster QQQUSDT
KuCoin QQQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.060% → −0.030%
- −$2.97
- Slippage, 4 orders
- −$17.48
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$19.45
- Costs to cover
- 0.375%
- Break-even
- 13.5 days
Slippage from Aster: live order book, 5 min ago; KuCoin: live order book, 4 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, 5 min ago | 0.07 bp | 5.2 bp −$5 | 5.9 bp −$59 | 40.7 bp −$4,070 | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.21 bp | 19.9 bp −$20 | 131.2 bp −$1,312 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0175% | 1h | 740.56 | −0.165% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0172% / S +0.0261% | 1h | 741.76 | −0.003% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0075% | 8h | 741.40 | −0.052% | $3.3M | $21.6M | 50x | as long as short |
| Aster QQQUSDTlong | 0.0000% | 8h | 741.78 | long leg | $821K | $861K | 20x | |
| Bybit QQQUSDT | 0.0000% | 8h | 741.74 | −0.006% | $10.7M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.49 | −0.040% | $21.4M | $28.4M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.58 | −0.027% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.90 | +0.016% | $16.5M | $5.4M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.73 | −0.007% | $16.8M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.56 | +0.105% | $2K | $1.8M | 10x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 742.04 | +0.034% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.01 | +0.030% | $361K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0011% | 8h | 741.76 | −0.003% | $70.2M | $142.0M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.51 | −0.037% | $1.2M | $491K | 20x | as long as short |
| BloFin QQQ-USDT | +0.0024% | 8h | 741.52 | −0.036% | $1.1M | $274K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.56 | −0.030% | $7.7M | $15.3M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 741.85 | +0.009% | $37.3M | $80.2M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.24 | −0.073% | $644K | $1.7M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.71 | +0.125% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 741.34 | −0.060% | $3.4M | $360K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.49 | −0.040% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.46 | −0.044% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.01 | −0.104% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0121% | 1h | 741.34 | −0.059% | $1.6M | $763K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0130% | 8h | 742.08 | +0.040% | $325K | $2.0M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0222% | 1h | 741.52 | −0.036% | $424K | $156K | 20x | as long as short |
| Phoenix QQQ | +0.0227% | 1h | 741.51 | −0.037% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0600% | 4h | 741.80 | +0.002% | $758K | $335K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ
edgeX QQQUSDC