Funding you earn now, next payment 08:00 UTC−0.0865%/8h= −94.7% APRpaid last 24h −0.060%
Price spread now: Aster against edgeX−0.004%50s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$270.273% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.004%, 7d avg +0.007%
=Together, before fees−0.052%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$26 a day on $10k at the current rate. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.056% in total (about -2.9% 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 | edgeX QQQUSDC | 741.94 | 0.0865 | pay 0.0433% / 4h | 1h 26m | $759K | $333K | 20x |
| Short | Aster QQQUSDT | 741.91 | 0 | get 0.0000% / 8h | 1h 26m | $823K | $858K | 20x |
edgeX QQQUSDC
Aster QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$181.68
- Price spread: −0.004% → +0.007%
- −$1.08
- Slippage, 4 orders
- −$10.31
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$210.07
- Costs to cover
- 0.273%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 17 min ago; Aster: live order book, 16 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, 17 min ago | 4.11 bp | 8.7 bp −$9 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Aster live order book, 16 min ago | 0.54 bp | 4.5 bp −$5 | 7.0 bp −$70 | 28.6 bp −$2,864 | 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 −0.0161% / S +0.0252% | 1h | 742.09 | +0.019% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0025% | 8h | 741.34 | −0.081% | $3.3M | $21.5M | 50x | as long as short |
| Aster QQQUSDTshort | 0.0000% | 8h | 741.91 | −0.004% | $823K | $858K | 20x | |
| Bybit QQQUSDT | 0.0000% | 8h | 741.88 | −0.008% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.75 | −0.026% | $21.4M | $28.4M | 50x | as long as short |
| Ondo Perps QQQ-USD.P | 0.0000% | 1h | 740.83 | −0.150% | $4.2M | $1.8M | 20x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.82 | −0.016% | $5.5M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.06 | +0.016% | $16.6M | $5.4M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.69 | −0.035% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.92 | +0.132% | $1K | $1.8M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Ondo Perps QQQ-USD.P
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 742.14 | +0.027% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.34 | +0.054% | $366K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0003% | 8h | 741.98 | +0.006% | $70.0M | $144.6M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0012% | 8h | 741.84 | −0.014% | $1.1M | $278K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.36 | −0.079% | $1.2M | $547K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.78 | −0.022% | $7.7M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.18 | +0.032% | $37.0M | $80.5M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.13 | −0.110% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.98 | +0.140% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.52 | −0.057% | $3.4M | $355K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.61 | −0.045% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.71 | −0.031% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.24 | −0.094% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0115% | 8h | 741.97 | +0.004% | $322K | $2.0M | 10x | as long as short |
| Nado QQQ-PERP | +0.0133% | 1h | 741.58 | −0.048% | $1.5M | $764K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0155% | 1h | 741.83 | −0.015% | $424K | $154K | 20x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.80 | −0.019% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDClong | +0.0865% | 4h | 741.94 | long leg | $759K | $333K | 20x |
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
Phoenix QQQ