Funding you earn now, next payment 08:00 UTC+0.0927%/8h= +101.5% APRpaid last 24h +0.038%
Price spread now: edgeX against BloFin+0.019%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$290.295% of the position
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.019%, 7d avg −0.008%
=Together, before fees+0.165%+ Points / potential airdropedgeX: Active · farm board+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and edgeX is 0.027% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.008%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.229% in total (about 12.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin QQQ-USDT | 742.85 | −0.0020 | get 0.0020% / 8h | 2h 09m | $1.1M | $277K | 20x |
| Short | edgeX QQQUSDC | 742.99 | 0.0907 | get 0.0453% / 4h | 2h 09m | $760K | $333K | 20x |
BloFin QQQ-USDT
edgeX QQQUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $194.7
- Price spread: +0.019% → −0.008%
- $2.68
- Slippage, 4 orders
- −$8.47
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $167.91
- Costs to cover
- 0.295%
- Break-even
- 1.0 days
Slippage from BloFin: live order book, 2 min ago; edgeX: live order book, 39 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, 2 min ago | 0.07 bp | 6.1 bp −$6 | 6.6 bp −$66 | 10.0 bp −$1,000 | doesn't fit |
| Sell edgeX live order book, 39 min ago | 4.11 bp | 8.7 bp −$9 | 9.7 bp −$97 | 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 −0.0152% / S +0.0245% | 1h | 743.38 | +0.072% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDTlong | −0.0020% | 8h | 742.85 | long leg | $1.1M | $277K | 20x | |
| Aster QQQUSDT | 0.0000% | 8h | 743.02 | +0.023% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.47 | +0.083% | $70.0M | $145.0M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.55 | +0.094% | $10.6M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.20 | +0.047% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.09 | +0.033% | $5.4M | $6.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.65 | −0.027% | $3.3M | $21.4M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.54 | +0.093% | $16.6M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.18 | +0.045% | $16.9M | $7.3M | — | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX QQQ-USDT | 0.0000% | 8h | 743.92 | +0.144% | $2K | $1.8M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.77 | −0.011% | $1.2M | $541K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.33 | +0.065% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.50 | +0.088% | $361K | $1.6M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0001% | 1h | 742.06 | −0.106% | $4.2M | $1.8M | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.29 | +0.059% | $7.6M | $15.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.63 | +0.105% | $37.0M | $80.9M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.04 | −0.109% | $688K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.08 | +0.166% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0090% | 8h | 742.89 | +0.005% | $315K | $2.0M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.04 | +0.026% | $3.4M | $363K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.56 | −0.039% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.01 | +0.022% | $12K | $21K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0100% | 1h | 742.97 | +0.016% | $424K | $152K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.46 | −0.053% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0122% | 1h | 742.76 | −0.012% | $1.5M | $748K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 742.54 | −0.042% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDCshort | +0.0907% | 4h | 742.99 | +0.019% | $760K | $333K | 20x |
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Ondo Perps QQQ-USD.P
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Deribit QQQ_USDC-PERPETUAL
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ