QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0197%/8h= +21.5% APRnext payment +$0.25 per $10,000 · paid last 24h +0.026%

Price spread now: Aevo against GMX−0.089%58s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.089% cheaper against GMX than usual: you would sell low and buy high (spread −0.089% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 36 hours of funding at the current rate (+$6 a day). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX QQQ/USD [ETH-USDC]	744.49	L −0.0093% / S +0.0199%	get 0.0012% / 1h	56m 32s	$25K	—	26x
Short	Aevo QQQ-PERP	743.82	0.0104	get 0.0013% / 1h	56m 32s	$93K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee AevobpOrdersPrice spread, now −0.089%Rate

Funding earned: $41.31
Price spread: −0.089% → 0.000%: −$8.91
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: $4.4
Costs to cover: 0.280%
Break-even: 6.3 days

Slippage unknown: GMX: no order-book sample; Aevo: no order-book sample. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

GMX and Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Ondo Perps QQQ-USD.P	−0.0244%	1h	743.10	−0.186%	$4.2M	$2.0M	20x	as long as short
GMX QQQ/USD [ETH-USDC]long	L −0.0093% / S +0.0199%	1h	744.49	long leg	$25K	—	26x
BloFin QQQ-USDT	−0.0013%	8h	744.38	−0.014%	$1.1M	$319K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	744.20	−0.038%	$21.5M	$25.3M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	744.21	−0.037%	$3.2M	$20.0M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	745.03	+0.073%	$2K	$2.1M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	744.82	+0.045%	$257K	$29K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	744.72	+0.032%	$359K	$1.4M	10x	as long as short
Bybit QQQUSDT	+0.0016%	8h	744.32	−0.022%	$10.7M	$5.0M	50x	as long as short
Aster QQQUSDT	+0.0022%	8h	744.51	+0.003%	$841K	$712K	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QQQ	+0.0032%	1h	744.26	−0.030%	$7.7M	$17.7M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.67	+0.025%	$37.4M	$78.5M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.71	−0.104%	$747K	$1.5M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	745.17	+0.092%	—	$331K	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0048%	1h	744.05	−0.058%	$1.2M	$545K	20x	as long as short
edgeX QQQUSDC	+0.0061%	4h	744.63	+0.020%	$761K	$333K	20x	as long as short
Variational Omni QQQ	+0.0072%	8h	744.60	+0.016%	$17.1M	$7.6M	—	as long as short
Nado QQQ-PERP	+0.0098%	1h	744.13	−0.048%	$1.5M	$1.1M	20x	as long as short
Binance QQQUSDT	+0.0098%	8h	744.44	−0.007%	$71.2M	$148.6M	25x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	744.24	−0.033%	$3.4M	$409K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	744.29	−0.026%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	744.26	−0.030%	$12K	$21K	20x	as long as short
Aevo QQQ-PERPshort	+0.0104%	1h	743.82	−0.089%	$93K	$1K	10x
Bitget QQQUSDT	+0.0136%	8h	744.55	+0.009%	$16.9M	$6.1M	20x	as long as short
RISEx QQQ/USDC	+0.0168%	1h	744.53	+0.006%	$5.4M	$8.2M	25x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0194%	1h	744.35	−0.018%	$425K	$147K	20x	as long as short
Phoenix QQQ	+0.0258%	1h	744.20	−0.038%	$38K	$66K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0358%	8h	744.86	+0.050%	$318K	$1.8M	10x	as long as short