Funding you earn now, next payment 05:00 UTC+0.0018%/8h= +1.9% APRpaid last 24h −0.016%
Price spread now: Arcus against BloFin−0.112%7-day average −0.132% · 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−$25as in the Price arb table
costs, in and out, $10k−$270.268% of the position
Funding, last 4 days (all we have)+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.112%, 7d avg −0.132%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.020% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.132%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin QQQ-USDT | 742.86 | 0.0022 | pay 0.0022% / 8h | 3h 03m | $1.1M | $246K | 20x |
| Short | Arcus QQQ-USD | 742.03 | 0.0040 | get 0.0005% / 1h | 3m 51s | $704K | $1.6M | 25x |
BloFin QQQ-USDT
Arcus QQQ-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against BloFin. 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
- $3.74
- Price spread: −0.112% → −0.132%
- $2.03
- Slippage, 4 orders
- −$10.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$20.99
- Costs to cover
- 0.268%
- Break-even
- 46.3 days
Slippage from BloFin: live order book, 3 min ago; Arcus: live order book, 5 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 BloFin live order book, 3 min ago | 0.07 bp | 6.1 bp −$6 | 7.0 bp −$70 | 10.7 bp −$1,069 | doesn't fit |
| Sell Arcus live order book, 5 min ago | 1.08 bp | 6.7 bp −$7 | 10.7 bp −$107 | 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 −0.0141% / S +0.0237% | 1h | 742.84 | −0.003% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0010% | 1h | 741.70 | −0.156% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.83 | −0.004% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.83 | −0.004% | $70.1M | $143.8M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.80 | −0.008% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.58 | −0.038% | $21.6M | $27.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.17 | −0.093% | $3.3M | $21.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.89 | +0.004% | $16.7M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.76 | −0.014% | $17.1M | $7.2M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.29 | +0.058% | $1K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 742.46 | −0.054% | $424K | $151K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.27 | −0.079% | $1.2M | $538K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.85 | −0.001% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.07 | +0.028% | $362K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 742.89 | +0.004% | $5.4M | $7.2M | 25x | as long as short |
| BloFin QQQ-USDTlong | +0.0022% | 8h | 742.86 | long leg | $1.1M | $246K | 20x | |
| Lighter QQQ | +0.0032% | 1h | 742.66 | −0.027% | $7.7M | $15.9M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.07 | +0.028% | $37.0M | $79.6M | 50x | as long as short |
| Arcus QQQ-USDshort | +0.0040% | 1h | 742.03 | −0.112% | $704K | $1.6M | 25x | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.73 | +0.117% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0073% | 8h | 742.97 | +0.015% | $320K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.49 | −0.050% | $3.4M | $343K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.35 | −0.069% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.58 | −0.038% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.06 | −0.108% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0105% | 1h | 742.36 | −0.067% | $1.5M | $763K | 20x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.50 | −0.048% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0178% | 4h | 742.80 | −0.008% | $759K | $334K | 20x | as long as short |
Deribit QQQ_USDC-PERPETUAL
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
Lighter QQQ
Lighter RH QQQ
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC