QQQ

Alert

Funding spread now, next payment 20:00 UTC−0.0475%/8h

paid, last 24h+0.171%paid, last 3 days+0.009%to open and close $10k−$28

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.009% in total (about 1.2% 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	739.20	0.0604	pay 0.0302% / 4h	2h 28m	$756K	$336K	20x
Short	Binance QQQUSDT	739.53	0.0129	get 0.0129% / 8h	6h 28m	$69.7M	$147.2M	25x

Funding history

latest

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Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee edgeXbpFee BinancebpOrdersRate

Funding earned: −$99.71
Slippage, 4 orders: −$8.62
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$127.33
Break-even: never at this rate

Slippage from edgeX: live order book, 11 min ago; Binance: live order book, 1 min ago.

Price risk

price view

Price gap now: +0.045%
Avg gap 7d: +0.016%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 11 min ago	4.12 bp	8.7 bp −$9	9.7 bp −$97	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	0.07 bp	5.2 bp −$5	5.8 bp −$58	9.6 bp −$965	24.9 bp −$12.4K

QQQ on 27 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Ondo Perps QQQ-USD.P	−0.0088%	1h	$4.2M	$2.1M	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L −0.0011% / S +0.0112%	1h	$23K	—	53x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	$20.9M	$23.5M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	$2.9M	$33.6M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	$2K	$2.5M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	$258K	$27K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	$358K	$1.3M	10x	as long as short
BloFin QQQ-USDT	+0.0003%	8h	$1.0M	$471K	20x	as long as short
Lighter QQQ	+0.0032%	1h	$8.1M	$20.7M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	$39.8M	$80.3M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Arcus QQQ-USD	+0.0040%	1h	$763K	$1.4M	25x	as long as short
RISEx QQQ/USDC	+0.0041%	1h	$5.6M	$8.9M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	—	$619K	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0048%	1h	$1.2M	$825K	20x	as long as short
Aster QQQUSDT	+0.0055%	8h	$824K	$522K	20x	as long as short
Bybit QQQUSDT	+0.0089%	8h	$10.8M	$5.1M	50x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	$3.4M	$431K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	$22K	$2.1M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	$7K	$15K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0102%	1h	$422K	$309K	20x	as long as short
Nado QQQ-PERP	+0.0102%	1h	$1.5M	$1.4M	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	$92K	$1K	10x	as long as short
Variational Omni QQQ	+0.0111%	8h	$17.7M	$9.8M	—	as long as short
Binance QQQUSDTshort	+0.0129%	8h	$69.7M	$147.2M	25x
Phoenix QQQ	+0.0227%	1h	$38K	$74K	20x	as long as short
Bitget QQQUSDT	+0.0281%	8h	$16.5M	$7.2M	20x	as long as short
edgeX QQQUSDClong	+0.0604%	4h	$756K	$336K	20x