Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.025%
Price spread now: Deribit against Bitget−0.080%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$200.202% of the position
Funding, last 5 days (all we have)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.080%, 7d avg −0.088%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget QQQUSDT | 742.11 | 0 | get 0.0000% / 8h | 58m 10s | $16.6M | $5.4M | 20x |
| Short | Deribit QQQ_USDC-PERPETUAL | 741.52 | 0 | get 0.0000% / 1h | 58m 10s | $424K | $155K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bitget. 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
- $0
- Price spread: −0.080% → −0.088%
- $0.85
- Slippage, 4 orders
- −$1.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$19.39
- Costs to cover
- 0.202%
- Break-even
- never at this rate
Slippage from Bitget: live order book, just now; Deribit: live order book, 46 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 Bitget live order book, just now | 0.07 bp | 6.5 bp −$7 | 8.7 bp −$87 | 14.2 bp −$1,416 | doesn't fit |
| Sell Deribit live order book, 46 min ago | 0.07 bp | 3.8 bp −$4 | 5.8 bp −$58 | 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 −0.0167% / S +0.0257% | 1h | 741.82 | −0.040% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0063% | 8h | 741.26 | −0.115% | $3.4M | $21.5M | 50x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0051% | 1h | 740.46 | −0.222% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0028% | 8h | 741.78 | −0.044% | $1.1M | $271K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.75 | −0.049% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.72 | −0.053% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.56 | −0.074% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.56 | −0.073% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDTlong | 0.0000% | 8h | 742.11 | long leg | $16.6M | $5.4M | 20x | |
| Variational Omni QQQ | 0.0000% | 8h | 741.94 | −0.024% | $16.9M | $7.3M | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 742.55 | +0.059% | $2K | $1.8M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUALshort | 0.0000% | 1h | 741.52 | −0.080% | $424K | $155K | 20x | |
| HTX QQQ-USDT | 0.0000% | 8h | 742.18 | +0.009% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.03 | −0.011% | $364K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0003% | 8h | 741.78 | −0.045% | $70.0M | $143.4M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.33 | −0.105% | $1.2M | $488K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.64 | −0.063% | $7.7M | $15.2M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.12 | −0.133% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.78 | +0.090% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 741.91 | −0.027% | $37.1M | $79.6M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.44 | −0.090% | $3.4M | $356K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.56 | −0.074% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.55 | −0.075% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.04 | −0.144% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0117% | 1h | 741.45 | −0.090% | $1.6M | $762K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0120% | 8h | 742.18 | +0.009% | $314K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.63 | −0.065% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0825% | 4h | 741.92 | −0.026% | $759K | $337K | 20x | as long as short |
Bitget QQQUSDT
Deribit QQQ_USDC-PERPETUAL
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Variational Omni QQQ
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC