QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.24 per $10,000 · paid last 24h +0.115%

Price spread now: Orderly against Binance−0.048%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Orderly is 0.048% cheaper against Binance than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 6.5 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance QQQUSDT	743.58	0.0076	pay 0.0076% / 8h	14m 16s	$71.1M	$160.6M	25x
Short	Orderly PERP_QQQ_USDC_mythos	743.23	0.0100	get 0.0100% / 8h	14m 16s	$12K	$21K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.048%Rate

Funding earned: $5.12
Price spread: −0.048% → 0.000%: −$4.76
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$15.65
Costs to cover: 0.160%
Break-even: 28.4 days

Slippage unknown: Binance: live order book, 14 min ago; Orderly: no order-book sample. Net counts fees only.

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, 14 min ago	0.07 bp	5.1 bp −$5	5.2 bp −$52	9.4 bp −$935	25.7 bp −$12.9K
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0077% / S +0.0186%	1h	743.60	+0.001%	$25K	—	26x	as long as short
Ondo Perps QQQ-USD.P	−0.0042%	1h	742.08	−0.202%	$4.2M	$2.1M	20x	as long as short
BloFin QQQ-USDT	−0.0011%	8h	743.09	−0.066%	$1.1M	$320K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	743.36	−0.030%	$845K	$783K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	743.39	−0.026%	$21.5M	$27.6M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	743.20	−0.052%	$3.1M	$32.8M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.03	+0.060%	$2K	$2.3M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	743.15	−0.058%	$257K	$25K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	743.98	+0.053%	$364K	$1.4M	10x	as long as short
Lighter RH QQQ	+0.0032%	1h	743.69	+0.014%	$37.5M	$80.6M	50x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus QQQ-USD	+0.0040%	1h	742.87	−0.096%	$747K	$1.5M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	744.00	+0.056%	—	$621K	50x	as long as short
Variational Omni QQQ	+0.0046%	8h	743.47	−0.016%	$17.6M	$10.3M	—	as long as short
Lighter QQQ	+0.0064%	1h	743.37	−0.029%	$7.6M	$20.9M	30x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0072%	1h	742.85	−0.099%	$1.2M	$865K	20x	as long as short
Binance QQQUSDTlong	+0.0076%	8h	743.58	long leg	$71.1M	$160.6M	25x
KuCoin QQQUSDTM	+0.0100%	8h	743.05	−0.072%	$3.4M	$415K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	743.10	−0.065%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythosshort	+0.0100%	8h	743.23	−0.048%	$12K	$21K	20x
Bybit QQQUSDT	+0.0101%	8h	743.63	+0.006%	$10.7M	$5.2M	50x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	742.85	−0.099%	$92K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0172%	1h	743.06	−0.070%	$1.5M	$1.3M	20x	as long as short
Bitget QQQUSDT	+0.0181%	8h	743.62	+0.005%	$16.9M	$7.0M	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0191%	8h	743.70	+0.015%	$323K	$1.8M	10x	as long as short
RISEx QQQ/USDC	+0.0193%	1h	743.68	+0.012%	$5.4M	$8.9M	25x	as long as short
Phoenix QQQ	+0.0194%	1h	743.10	−0.065%	$38K	$73K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0288%	1h	743.38	−0.027%	$425K	$157K	20x	as long as short
edgeX QQQUSDC	+0.0915%	4h	743.51	−0.010%	$760K	$337K	20x	as long as short