Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: SunX against Coinbase International+0.140%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$740.745% of the position
Funding, last 7 days−0.236%−$24 on $10k
+Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.140%, 7d avg +0.112%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.028% dearer against Coinbase International than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.112%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International QQQ-PERP-INTX | 742.27 | 0 | get 0.0000% / 1h | 4m 55s | $1.2M | $538K | 20x |
| Short | SunX QQQ-USDT | 743.31 | 0 | get 0.0000% / 8h | 3h 04m | $2K | $1.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Coinbase International. 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: +0.140% → +0.112%
- $2.85
- Slippage, 4 orders
- −$56.48
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$71.63
- Costs to cover
- 0.745%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; SunX: live order book, 1 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 Coinbase International live order book, 4 min ago | 0.07 bp | 5.7 bp −$6 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell SunX live order book, 1 min ago | 21.59 bp | 38.0 bp −$38 | doesn't fit | 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 +0.0236% | 1h | 742.82 | +0.073% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0010% | 1h | 741.70 | −0.077% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.79 | +0.070% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.84 | +0.077% | $70.1M | $143.8M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.81 | +0.073% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.58 | +0.042% | $21.6M | $27.4M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.16 | −0.015% | $3.3M | $21.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.92 | +0.088% | $16.7M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 742.76 | +0.065% | $17.1M | $7.2M | — | as long as short |
| SunX QQQ-USDTshort | 0.0000% | 8h | 743.31 | +0.140% | $2K | $1.9M | 10x |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 742.39 | +0.016% | $424K | $151K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTXlong | 0.0000% | 1h | 742.27 | long leg | $1.2M | $538K | 20x | |
| HTX QQQ-USDT | 0.0000% | 8h | 742.85 | +0.078% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.37 | +0.148% | $361K | $1.6M | 10x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 742.84 | +0.077% | $5.4M | $7.3M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0022% | 8h | 742.86 | +0.079% | $1.1M | $246K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.67 | +0.054% | $7.7M | $15.9M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.02 | +0.101% | $36.9M | $79.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.03 | −0.032% | $704K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.68 | +0.190% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0073% | 8h | 742.97 | +0.094% | $320K | $1.9M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.46 | +0.026% | $3.4M | $343K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.35 | +0.011% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.50 | +0.031% | $12K | $21K | 20x | as long as short |
| Nado QQQ-PERP | +0.0103% | 1h | 742.39 | +0.016% | $1.5M | $763K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.98 | −0.039% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 742.50 | +0.031% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0178% | 4h | 742.80 | +0.071% | $759K | $334K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
SunX QQQ-USDT
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDT
RISEx QQQ/USDC
BloFin QQQ-USDT
Lighter QQQ
Lighter RH QQQ
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Phoenix QQQ
edgeX QQQUSDC