QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0113%/8h= +12.4% APRnext payment +$1.13 per $10,000 · paid last 24h +0.108%

Price spread now: Bitget against Binance+0.001%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$230.232% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.147%+$15 on $10k

Price spread, last 2 days (all we have)+0.029%+$3 · spread now +0.001%, 7d avg +0.028%

Together, before fees+0.177%+$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.027% cheaper against Binance than usual: you would sell low and buy high (spread +0.001% now, against its 7-day average of +0.028%). If the spread goes back, that is −$3 on $10k: about 19 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	Binance QQQUSDT	743.38	0.0080	pay 0.0080% / 8h	40m 25s	$71.0M	$160.6M	25x
Short	Bitget QQQUSDT	743.39	0.0193	get 0.0193% / 8h	40m 25s	$16.9M	$7.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now +0.001%Rate

Funding earned: $23.82
Price spread: +0.001% → +0.028%: −$2.7
Slippage, 4 orders: −$1.24
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$2.12
Costs to cover: 0.232%
Break-even: 7.6 days

Slippage from Binance: live order book, 3 min ago; Bitget: live order book, 3 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 Binance live order book, 3 min ago	0.07 bp	5.1 bp −$5	5.5 bp −$55	9.8 bp −$977	25.7 bp −$12.9K
Sell Bitget live order book, 3 min ago	0.07 bp	6.6 bp −$7	8.5 bp −$85	11.4 bp −$1,143	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 −0.0071% / S +0.0182%	1h	743.39	+0.002%	$25K	—	26x	as long as short
BloFin QQQ-USDT	−0.0023%	8h	743.09	−0.039%	$1.0M	$469K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.20	−0.024%	$21.6M	$27.8M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	742.83	−0.074%	$3.1M	$32.8M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	743.80	+0.056%	$2K	$2.3M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.15	−0.031%	$257K	$26K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	743.96	+0.078%	$360K	$1.4M	10x	as long as short
Aster QQQUSDT	+0.0001%	8h	743.36	−0.003%	$841K	$783K	20x	as long as short
Arcus QQQ-USD	+0.0040%	1h	742.70	−0.091%	$738K	$1.4M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	743.83	+0.061%	—	$621K	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH QQQ	+0.0048%	1h	743.57	+0.026%	$37.6M	$79.2M	50x	as long as short
Variational Omni QQQ	+0.0049%	8h	743.31	−0.009%	$17.6M	$10.3M	—	as long as short
Ondo Perps QQQ-USD.P	+0.0050%	1h	742.20	−0.159%	$4.2M	$2.1M	20x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0072%	1h	742.80	−0.078%	$1.2M	$866K	20x	as long as short
Binance QQQUSDTlong	+0.0080%	8h	743.38	long leg	$71.0M	$160.6M	25x
Lighter QQQ	+0.0080%	1h	743.23	−0.020%	$7.6M	$20.9M	30x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	742.94	−0.059%	$3.4M	$423K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	742.92	−0.062%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	743.10	−0.038%	$12K	$21K	20x	as long as short
Bybit QQQUSDT	+0.0100%	8h	743.44	+0.008%	$10.7M	$5.2M	50x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	742.63	−0.100%	$92K	$1K	10x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0113%	1h	743.07	−0.042%	$424K	$173K	20x	as long as short
Nado QQQ-PERP	+0.0179%	1h	742.86	−0.069%	$1.5M	$1.3M	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0192%	8h	743.56	+0.025%	$323K	$1.8M	10x	as long as short
RISEx QQQ/USDC	+0.0193%	1h	743.48	+0.013%	$5.4M	$8.9M	25x	as long as short
Bitget QQQUSDTshort	+0.0193%	8h	743.39	+0.001%	$16.9M	$7.1M	20x
Phoenix QQQ	+0.0194%	1h	743.04	−0.046%	$38K	$73K	20x	as long as short
edgeX QQQUSDC	+0.0269%	4h	743.44	+0.008%	$760K	$338K	20x	as long as short