Settings8H · net · $10k
Funding arb · Price arb /

QQQ

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Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h +0.098%
Price spread now: edgeX against Deribit+0.019%75s7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.258% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.338%−$34 on $10k
Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.019%, 7d avg +0.039%
Together, before fees−0.340%+ Points / potential airdropedgeX: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair cost −0.338%, so the current rate has only just turned in your favour. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit QQQ_USDC-PERPETUAL741.940.0155pay 0.0019% / 1h8m 12s$424K$125K20x
ShortedgeX QQQUSDC742.080.0207get 0.0103% / 4h2h 08m$759K$334K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Deribit. 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

Funding earned
$11.01
Price spread: +0.019% → +0.039%
−$1.97
Slippage, 4 orders
−$9.8
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$16.76
Costs to cover
0.258%
Break-even
17.7 days
Slippage from Deribit: live order book, 43 min ago; edgeX: live order book, 43 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 43 min ago0.07 bp3.6 bp −$44.8 bp −$48doesn't fitdoesn't fit
Sell edgeX live order book, 43 min ago4.11 bp8.7 bp −$99.8 bp −$98doesn't fitdoesn't fit

QQQ on 28 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX QQQ/USD [ETH-USDC]L −0.0202% / S +0.0285%1h742.34+0.053%$25K26xas long as short
Ondo Perps QQQ-USD.P−0.0110%1h740.80−0.154%$4.2M$1.8M20xas long as short
BloFin QQQ-USDT−0.0015%8h741.88−0.008%$1.1M$228K20xas long as short
Aster QQQUSDT0.0000%8h742.01+0.009%$857K$902K20xas long as short
OKX QQQ-USDT-SWAP0.0000%8h742.11+0.023%$21.7M$29.7M50xas long as short
RISEx QQQ/USDC0.0000%1h741.99+0.007%$5.4M$5.7M25xas long as short
Gate QQQ_USDT0.0000%8h741.76−0.024%$3.5M$20.3M50xas long as short
Bitget QQQUSDT0.0000%8h742.25+0.042%$16.7M$5.4M20xas long as short
SunX QQQ-USDT0.0000%8h742.79+0.115%$2K$1.5M10xas long as short
HTX QQQ-USDT0.0000%8h742.48+0.073%$251K$38K30xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex QQQUSDT0.0000%8h742.45+0.069%$362K$1.6M10xas long as short
Variational Omni QQQ+0.0030%8h742.09+0.020%$16.8M$7.2Mas long as short
Lighter QQQ+0.0032%1h741.940.000%$7.5M$15.1M30xas long as short
Lighter RH QQQ+0.0032%1h742.38+0.059%$38.4M$78.4M50xas long as short
Coinbase International QQQ-PERP-INTX+0.0032%1h741.31−0.085%$1.2M$527K20xas long as short
Arcus QQQ-USD+0.0040%1h741.31−0.085%$650K$1.4M25xas long as short
Bybit QQQUSDT+0.0043%8h742.41+0.063%$10.7M$4.9M50xas long as short
Vest QQQ-USD-PERP+0.0046%1h743.15+0.163%$337K50xas long as short
Binance QQQUSDT+0.0057%8h742.35+0.055%$71.2M$141.5M25xas long as short
KuCoin QQQUSDTM+0.0100%8h741.83−0.015%$3.4M$453K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h741.70−0.032%$20K$2.2M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h741.99+0.007%$12K$21K20xas long as short
Aevo QQQ-PERP+0.0104%1h741.41−0.071%$92K$1K10xas long as short
Nado QQQ-PERP+0.0114%1h741.74−0.027%$1.6M$772K20xas long as short
Deribit QQQ_USDC-PERPETUALlong+0.0155%1h741.94long leg$424K$125K20x
GRVT QQQ_USDT_Perp+0.0198%8h742.32+0.051%$321K$2.0M10xas long as short
edgeX QQQUSDCshort+0.0207%4h742.08+0.019%$759K$334K20x
Phoenix QQQ+0.0280%1h741.60−0.046%$38K$59K20xas long as short