Funding you earn now, next payment 08:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.62 per $10,000 · paid last 24h −0.026%
Price spread now: HTX against Binance+0.035%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$280.275% of the position
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)−0.260%−$26 · spread now +0.035%, 7d avg +0.029%
=The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance QQQUSDT | 744.02 | 0.0062 | pay 0.0062% / 8h | 5h 25m | $71.1M | $143.3M | 25x |
| Short | HTX QQQ-USDT | 744.28 | 0 | get 0.0000% / 8h | 5h 25m | $257K | $29K | 30x |
Binance QQQUSDT
HTX QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Binance. 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
- −$13.1
- Price spread: +0.035% → +0.029%
- $0.59
- Slippage, 4 orders
- −$5.51
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$40.01
- Costs to cover
- 0.275%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; HTX: live order book, 36 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 | 5.3 bp −$53 | 9.5 bp −$946 | 25.7 bp −$12.8K |
| Sell HTX live order book, 36 min ago | 2.69 bp | 8.7 bp −$9 | 17.6 bp −$176 | 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 −0.0112% / S +0.0214% | 1h | 744.01 | −0.001% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0051% | 1h | 742.94 | −0.145% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0003% | 8h | 744.02 | 0.000% | $1.1M | $303K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.01 | −0.001% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.09 | +0.009% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.93 | −0.012% | $21.7M | $26.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.04 | +0.003% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.62 | −0.054% | $3.3M | $21.1M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.35 | +0.044% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.45 | +0.058% | $2K | $2.0M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.65 | −0.050% | $425K | $149K | 20x | as long as short |
| HTX QQQ-USDTshort | 0.0000% | 8h | 744.28 | +0.035% | $257K | $29K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 744.41 | +0.052% | $362K | $1.5M | 10x | as long as short |
| Variational Omni QQQ | +0.0032% | 8h | 743.92 | −0.013% | $17.1M | $7.5M | — | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.79 | −0.031% | $7.7M | $17.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.21 | +0.026% | $37.3M | $79.5M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.51 | −0.069% | $1.2M | $534K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.11 | −0.122% | $694K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.97 | +0.128% | — | $337K | 50x | as long as short |
| Binance QQQUSDTlong | +0.0062% | 8h | 744.02 | long leg | $71.1M | $143.3M | 25x | |
| Nado QQQ-PERP | +0.0088% | 1h | 743.66 | −0.048% | $1.5M | $920K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.74 | −0.038% | $3.4M | $405K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.63 | −0.052% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.74 | −0.038% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.23 | −0.107% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0140% | 8h | 744.18 | +0.021% | $319K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 743.78 | −0.032% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0462% | 4h | 743.85 | −0.022% | $761K | $334K | 20x | as long as short |
Deribit QQQ_USDC-PERPETUAL
Phemex QQQUSDT
Variational Omni QQQ
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC