QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0005%/8h= −0.6% APRpaid last 24h −0.013%

Price spread now: Phemex against Deribit+0.093%7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$720.720% of the position

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.107%−$11 on $10k

Price spread, last 3 days (all we have)+0.018%+$2 · spread now +0.093%, 7d avg +0.092%

Together, before fees−0.089%−$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit QQQ_USDC-PERPETUAL	743.87	0.0005	pay 0.0001% / 1h	45m 44s	$425K	$147K	20x
Short	Phemex QQQUSDT	744.56	0	get 0.0000% / 8h	7h 45m	$361K	$1.4M	10x

Funding history

latest

Range statsloading…

Phemex against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee DeribitbpFee PhemexbpOrdersPrice spread, now +0.093%Rate

Slippage from Deribit: live order book, 28 min ago; Phemex: live order book, 2 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit live order book, 28 min ago	1.28 bp	4.8 bp −$5	8.0 bp −$80	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	2.02 bp	32.4 bp −$32	doesn't fit	doesn't fit	doesn't fit

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
Ondo Perps QQQ-USD.P	−0.0365%	1h	742.35	−0.204%	$4.2M	$2.0M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0082% / S +0.0191%	1h	744.25	+0.052%	$25K	—	26x	as long as short
BloFin QQQ-USDT	−0.0022%	8h	744.06	+0.026%	$1.0M	$318K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	743.77	−0.013%	$841K	$760K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	744.19	+0.043%	$21.5M	$25.4M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	743.95	+0.011%	$3.2M	$26.7M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	744.74	+0.117%	$2K	$2.2M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	744.80	+0.125%	$257K	$29K	30x	as long as short
Phemex QQQUSDTshort	0.0000%	8h	744.56	+0.093%	$361K	$1.4M	10x
Deribit QQQ_USDC-PERPETUALlong	+0.0005%	1h	743.87	long leg	$425K	$147K	20x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QQQ	+0.0032%	1h	744.07	+0.027%	$7.6M	$18.1M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.42	+0.074%	$37.3M	$79.0M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.47	−0.054%	$747K	$1.5M	25x	as long as short
Variational Omni QQQ	+0.0042%	8h	744.27	+0.054%	$17.1M	$10.9M	—	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	744.79	+0.124%	—	$336K	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0064%	1h	743.88	+0.001%	$1.2M	$581K	20x	as long as short
Binance QQQUSDT	+0.0072%	8h	744.33	+0.062%	$71.0M	$155.2M	25x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	743.90	+0.004%	$3.4M	$413K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	743.83	−0.005%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	743.99	+0.016%	$12K	$21K	20x	as long as short
Bybit QQQUSDT	+0.0104%	8h	744.45	+0.078%	$10.7M	$4.9M	50x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.52	−0.047%	$93K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0115%	1h	744.01	+0.018%	$1.5M	$1.2M	20x	as long as short
Bitget QQQUSDT	+0.0181%	8h	744.41	+0.073%	$16.9M	$6.6M	20x	as long as short
RISEx QQQ/USDC	+0.0208%	1h	744.34	+0.063%	$5.5M	$9.0M	25x	as long as short
GRVT QQQ_USDT_Perp	+0.0219%	8h	744.39	+0.069%	$327K	$1.8M	10x	as long as short
Phoenix QQQ	+0.0258%	1h	743.91	+0.005%	$38K	$66K	20x	as long as short
edgeX QQQUSDC	+0.0995%	4h	744.25	+0.051%	$761K	$336K	20x	as long as short