Funding you earn now, next payment 10:00 UTC−0.0197%/8h= −21.6% APRpaid last 24h −0.098%
Price spread now: Deribit against edgeX+0.001%7-day average −0.039% · 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−$22as in the Price arb table
costs, in and out, $10k−$260.258% of the position
Funding, last 5 days (all we have)+0.338%+$34 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.001%, 7d avg −0.039%
=Together, before fees+0.320%+ Points / potential airdropedgeX: Active · farm board+$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.040% dearer against edgeX than usual: you sell high and buy low (spread +0.001% now, against its 7-day average of −0.039%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 16 hours. Mind the row above: over the last 5 days funding on this pair paid +0.338%, 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 | 741.68 | 0.0298 | pay 0.0149% / 4h | 2h 15m | $758K | $337K | 20x |
| Short | Deribit QQQ_USDC-PERPETUAL | 741.69 | 0.0101 | get 0.0013% / 1h | 15m 18s | $424K | $125K | 20x |
edgeX QQQUSDC
Deribit QQQ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$41.47
- Price spread: +0.001% → −0.039%
- $4.04
- Slippage, 4 orders
- −$9.8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$63.23
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 36 min ago; Deribit: live order book, 36 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, 36 min ago | 4.11 bp | 8.7 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 36 min ago | 0.07 bp | 4.9 bp −$5 | 7.5 bp −$75 | doesn't fit | doesn't fit |
QQQ on 28 exchanges
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 −0.0200% / S +0.0283% | 1h | 742.03 | +0.048% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0109% | 1h | 740.49 | −0.160% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.01 | +0.045% | $857K | $902K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.80 | +0.016% | $21.7M | $29.7M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.80 | +0.017% | $5.4M | $5.8M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.55 | −0.017% | $3.5M | $20.3M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.84 | +0.022% | $16.7M | $5.4M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.26 | +0.078% | $2K | $1.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 741.83 | +0.020% | $251K | $38K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.29 | +0.082% | $362K | $1.6M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin QQQ-USDT | +0.0017% | 8h | 741.53 | −0.020% | $1.1M | $227K | 20x | as long as short |
| Variational Omni QQQ | +0.0028% | 8h | 741.87 | +0.025% | $16.8M | $7.2M | — | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.70 | +0.003% | $7.5M | $15.0M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.18 | +0.067% | $38.4M | $78.2M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 741.31 | −0.050% | $1.2M | $528K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.18 | −0.067% | $650K | $1.4M | 25x | as long as short |
| Bybit QQQUSDT | +0.0044% | 8h | 742.14 | +0.062% | $10.6M | $4.9M | 50x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.97 | +0.174% | — | $337K | 50x | as long as short |
| Binance QQQUSDT | +0.0054% | 8h | 742.08 | +0.053% | $71.1M | $141.2M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.58 | −0.013% | $3.4M | $447K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.32 | −0.048% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.69 | +0.001% | $12K | $21K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUALshort | +0.0101% | 1h | 741.69 | +0.001% | $424K | $125K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.22 | −0.061% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0116% | 1h | 741.63 | −0.006% | $1.6M | $795K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0194% | 8h | 741.91 | +0.031% | $321K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0280% | 1h | 741.34 | −0.046% | $38K | $59K | 20x | as long as short |
| edgeX QQQUSDClong | +0.0298% | 4h | 741.68 | long leg | $758K | $337K | 20x |
BloFin QQQ-USDT
Variational Omni QQQ
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Bybit QQQUSDT
Vest QQQ-USD-PERP
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ