Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.008%
Price spread now: Coinbase International against Gate−0.059%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 7 days+0.247%+$25 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.059%, 7d avg −0.027%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.032% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.027%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate QQQ_USDT | 743.08 | 0 | get 0.0000% / 8h | 3h 44m | $3.3M | $20.8M | 50x |
| Short | Coinbase International QQQ-PERP-INTX | 742.64 | 0 | get 0.0000% / 1h | 44m 24s | $1.2M | $536K | 20x |
Gate QQQ_USDT
Coinbase International QQQ-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- $0
- Price spread: −0.059% → −0.027%
- −$3.22
- Slippage, 4 orders
- −$10.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$38.62
- Costs to cover
- 0.354%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Coinbase International: live order book, 4 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 Gate live order book, 4 min ago | 1.55 bp | 11.8 bp −$12 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 0.07 bp | 6.2 bp −$6 | 7.2 bp −$72 | 36.0 bp −$3,599 | 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 −0.0132% / S +0.0230% | 1h | 743.63 | +0.073% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0032% | 1h | 742.52 | −0.075% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0029% | 8h | 743.43 | +0.047% | $1.1M | $256K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.68 | +0.080% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.63 | +0.074% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.41 | +0.044% | $21.4M | $26.9M | 50x | as long as short |
| Gate QQQ_USDTlong | 0.0000% | 8h | 743.08 | long leg | $3.3M | $20.8M | 50x | |
| Bitget QQQUSDT | 0.0000% | 8h | 743.74 | +0.089% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.66 | +0.079% | $17.1M | $7.4M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.12 | +0.140% | $1K | $1.9M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTXshort | 0.0000% | 1h | 742.64 | −0.059% | $1.2M | $536K | 20x | |
| HTX QQQ-USDT | 0.0000% | 8h | 743.82 | +0.100% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.95 | +0.117% | $361K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0009% | 8h | 743.63 | +0.074% | $70.9M | $141.2M | 25x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.70 | +0.084% | $5.4M | $7.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.45 | +0.050% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0040% | 1h | 743.94 | +0.116% | $37.0M | $78.3M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.92 | −0.022% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.63 | +0.209% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0079% | 8h | 743.34 | +0.035% | $326K | $1.9M | 10x | as long as short |
| Nado QQQ-PERP | +0.0092% | 1h | 743.34 | +0.035% | $1.5M | $779K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.33 | +0.034% | $3.4M | $342K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.43 | +0.047% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.37 | +0.039% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.89 | −0.026% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.26 | +0.024% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0140% | 1h | 743.46 | +0.051% | $425K | $150K | 20x | as long as short |
| edgeX QQQUSDC | +0.0750% | 4h | 743.65 | +0.076% | $760K | $336K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Binance QQQUSDT
RISEx QQQ/USDC
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC