Funding you earn now, next payment 01:00 UTC−0.0930%/8h= −101.9% APRpaid last 24h +0.018%
Price spread now: Arcus against edgeX−0.118%7-day average −0.125% · 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−$28as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 3 days (all we have)+0.399%+$40 on $10k
+Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.118%, 7d avg −0.125%
=Together, before fees+0.405%+ Points / potential airdropedgeX: Active · farm board+$41 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.125%, so right now this pair is about funding alone: −$28 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.399%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX QQQUSDC | 744.68 | 0.0971 | pay 0.0485% / 4h | 3h 23m | $761K | $336K | 20x |
| Short | Arcus QQQ-USD | 743.80 | 0.0040 | get 0.0005% / 1h | 23m 02s | $748K | $1.5M | 25x |
edgeX QQQUSDC
Arcus QQQ-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against edgeX. 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
- −$195.36
- Price spread: −0.118% → −0.125%
- $0.66
- Slippage, 4 orders
- −$15.15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$223.35
- Costs to cover
- 0.287%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 51 min ago; Arcus: 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 edgeX live order book, 51 min ago | 4.10 bp | 8.7 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 1 min ago | 0.34 bp | 5.2 bp −$5 | 9.5 bp −$95 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0349% | 1h | 742.70 | −0.266% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0087% / S +0.0195% | 1h | 744.29 | −0.051% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0001% | 8h | 744.17 | −0.068% | $1.1M | $318K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.32 | −0.048% | $10.7M | $4.9M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.02 | −0.088% | $21.4M | $25.3M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.98 | −0.094% | $3.2M | $27.9M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.75 | +0.010% | $2K | $2.2M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 743.92 | −0.102% | $425K | $147K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 745.42 | +0.100% | $258K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.53 | −0.020% | $362K | $1.4M | 10x | as long as short |
Ondo Perps QQQ-USD.P
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
HTX QQQ-USDT
Phemex QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster QQQUSDT | +0.0004% | 8h | 744.25 | −0.057% | $841K | $714K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.01 | −0.090% | $7.7M | $18.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.39 | −0.039% | $37.4M | $80.3M | 50x | as long as short |
| Arcus QQQ-USDshort | +0.0040% | 1h | 743.80 | −0.118% | $748K | $1.5M | 25x | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.81 | +0.018% | — | $306K | 50x | as long as short |
| Variational Omni QQQ | +0.0052% | 8h | 744.72 | +0.006% | $17.1M | $9.6M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 744.24 | −0.059% | $1.2M | $550K | 20x | as long as short |
| Binance QQQUSDT | +0.0081% | 8h | 744.23 | −0.060% | $71.1M | $152.3M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.89 | −0.106% | $3.4M | $410K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.53 | −0.020% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.08 | −0.080% | $12K | $21K | 20x | as long as short |
| Nado QQQ-PERP | +0.0103% | 1h | 743.81 | −0.116% | $1.5M | $1.2M | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.55 | −0.152% | $93K | $1K | 10x | as long as short |
| Bitget QQQUSDT | +0.0177% | 8h | 744.34 | −0.045% | $16.9M | $6.4M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.27 | −0.055% | $5.4M | $8.6M | 25x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 744.20 | −0.064% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0318% | 8h | 744.89 | +0.028% | $316K | $1.8M | 10x | as long as short |
| edgeX QQQUSDClong | +0.0971% | 4h | 744.68 | long leg | $761K | $336K | 20x |
Aster QQQUSDT
Lighter QQQ
Lighter RH QQQ
Vest QQQ-USD-PERP
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Nado QQQ-PERP
Aevo QQQ-PERP
Bitget QQQUSDT
RISEx QQQ/USDC
Phoenix QQQ
GRVT QQQ_USDT_Perp