Funding you earn now, next payment 12:00 UTC−0.0190%/8h= −20.9% APRpaid last 24h −0.115%
Price spread now: SunX against edgeX+0.102%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$810.811% of the position
Funding, last 7 days−0.134%−$13 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.102%, 7d avg +0.067%
=Together, before fees−0.158%+ Points / potential airdropedgeX: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.035% dearer against edgeX than usual: you sell high and buy low (spread +0.102% now, against its 7-day average of +0.067%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.134% in total) that is about 43 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX QQQUSDC | 742.87 | 0.0190 | pay 0.0095% / 4h | 1h 43m | $760K | $337K | 20x |
| Short | SunX QQQ-USDT | 743.62 | 0 | get 0.0000% / 8h | 5h 43m | $2K | $1.5M | 10x |
edgeX QQQUSDC
SunX QQQ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$40
- Price spread: +0.102% → +0.067%
- $3.45
- Slippage, 4 orders
- −$64.11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$117.65
- Costs to cover
- 0.811%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 4 min ago; SunX: live order book, 5 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, 4 min ago | 4.11 bp | 8.7 bp −$9 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 21.64 bp | 38.2 bp −$38 | 67.8 bp −$678 | 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 −0.0203% / S +0.0285% | 1h | 743.16 | +0.040% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0135% | 1h | 740.96 | −0.257% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0007% | 8h | 742.97 | +0.014% | $1.1M | $237K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.14 | +0.038% | $857K | $903K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.95 | +0.011% | $21.8M | $30.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.89 | +0.003% | $5.4M | $5.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.61 | −0.034% | $3.5M | $19.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.03 | +0.022% | $17.0M | $5.9M | 20x | as long as short |
| SunX QQQ-USDTshort | 0.0000% | 8h | 743.62 | +0.102% | $2K | $1.5M | 10x | |
| HTX QQQ-USDT | 0.0000% | 8h | 743.27 | +0.054% | $247K | $45K | 30x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
HTX QQQ-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDT | 0.0000% | 8h | 743.46 | +0.080% | $361K | $1.6M | 10x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.53 | −0.045% | $7.3M | $15.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.15 | +0.038% | $38.7M | $77.1M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 742.87 | +0.001% | $1.2M | $541K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.97 | −0.121% | $659K | $1.4M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.91 | +0.141% | — | $337K | 50x | as long as short |
| Variational Omni QQQ | +0.0052% | 8h | 742.97 | +0.013% | $16.8M | $6.9M | — | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0060% | 1h | 742.72 | −0.020% | $398K | $108K | 20x | as long as short |
| Bybit QQQUSDT | +0.0068% | 8h | 743.09 | +0.030% | $10.5M | $4.8M | 50x | as long as short |
| Binance QQQUSDT | +0.0077% | 8h | 743.17 | +0.041% | $71.7M | $145.9M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.71 | −0.021% | $3.4M | $470K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.56 | −0.041% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.83 | −0.005% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.30 | −0.076% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0135% | 1h | 742.59 | −0.038% | $1.6M | $771K | 20x | as long as short |
| edgeX QQQUSDClong | +0.0190% | 4h | 742.87 | long leg | $760K | $337K | 20x | |
| GRVT QQQ_USDT_Perp | +0.0250% | 8h | 743.56 | +0.093% | $318K | $2.1M | 10x | as long as short |
| Phoenix QQQ | +0.0302% | 1h | 742.33 | −0.072% | $38K | $59K | 20x | as long as short |
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Deribit QQQ_USDC-PERPETUAL
Bybit QQQUSDT
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ