Funding you earn now, next payment 03:00 UTC+0.0180%/8h= +19.7% APRpaid last 24h +0.025%
Price spread now: Binance against GMX−0.002%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX QQQ/USD [ETH-USDC] | 744.13 | L −0.0107% / S +0.0210% | get 0.0013% / 1h | 47m 37s | $25K | — | 26x |
| Short | Binance QQQUSDT | 744.12 | 0.0073 | get 0.0073% / 8h | 5h 47m | $71.1M | $144.4M | 25x |
GMX QQQ/USD [ETH-USDC]
Binance QQQUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against GMX. 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
- $37.8
- Price spread: −0.002% → 0.000%
- −$0.2
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $15.6
- Costs to cover
- 0.220%
- Break-even
- 4.1 days
Slippage unknown: GMX: no order-book sample; Binance: live order book, 10 min ago. 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 Binance live order book, 10 min ago | 0.07 bp | 5.1 bp −$5 | 5.1 bp −$51 | 8.7 bp −$869 | 25.8 bp −$12.9K |
GMX: 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 27 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]long | L −0.0107% / S +0.0210% | 1h | 744.13 | long leg | $25K | — | 26x | |
| Aster QQQUSDT | 0.0000% | 8h | 744.10 | −0.004% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.20 | +0.009% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.03 | −0.014% | $21.7M | $26.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.15 | +0.002% | $5.4M | $7.5M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 743.72 | −0.056% | $3.3M | $20.6M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.45 | +0.042% | $16.9M | $5.8M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.58 | +0.060% | $2K | $2.0M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 744.24 | +0.014% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.43 | +0.040% | $361K | $1.4M | 10x | as long as short |
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX QQQUSDC | +0.0005% | 4h | 744.28 | +0.020% | $761K | $334K | 20x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0010% | 1h | 743.28 | −0.115% | $4.2M | $1.9M | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0019% | 1h | 743.81 | −0.044% | $425K | $149K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.89 | −0.033% | $7.7M | $17.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.28 | +0.019% | $37.3M | $78.6M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.74 | −0.053% | $1.2M | $534K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.31 | −0.111% | $705K | $1.5M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.08 | +0.127% | — | $337K | 50x | as long as short |
| Variational Omni QQQ | +0.0049% | 8h | 744.19 | +0.007% | $17.1M | $7.5M | — | as long as short |
| Binance QQQUSDTshort | +0.0073% | 8h | 744.12 | −0.002% | $71.1M | $144.4M | 25x | |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.84 | −0.040% | $3.4M | $413K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.99 | −0.019% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 743.83 | −0.041% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.34 | −0.107% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0116% | 1h | 743.70 | −0.059% | $1.5M | $923K | 20x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 743.80 | −0.045% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0165% | 8h | 744.45 | +0.042% | $322K | $1.9M | 10x | as long as short |
edgeX QQQUSDC
Ondo Perps QQQ-USD.P
Deribit QQQ_USDC-PERPETUAL
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
GRVT QQQ_USDT_Perp