Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.010%
Price spread now: Arcus against HTX−0.167%7-day average −0.163% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$310.307% of the position
Funding, last 4 days (all we have)+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now −0.167%, 7d avg −0.163%
=The price spread sits at its 7-day average of −0.163%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX QQQ-USDT | 742.60 | 0 | get 0.0000% / 8h | 1h 51m | $251K | $41K | 30x |
| Short | Arcus QQQ-USD | 741.36 | 0.0040 | get 0.0005% / 1h | 51m 05s | $686K | $1.6M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against HTX. 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
- $8.46
- Price spread: −0.167% → −0.163%
- −$0.4
- Slippage, 4 orders
- −$14.17
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$22.61
- Costs to cover
- 0.307%
- Break-even
- 25.7 days
Slippage from HTX: live order book, 56 min ago; Arcus: live order book, 3 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 HTX live order book, 56 min ago | 2.69 bp | 8.7 bp −$9 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 3 min ago | 1.08 bp | 7.8 bp −$8 | 12.0 bp −$120 | doesn't fit | 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 −0.0156% / S +0.0248% | 1h | 742.29 | −0.041% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0033% | 1h | 741.13 | −0.198% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0012% | 8h | 742.07 | −0.071% | $1.1M | $278K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.25 | −0.047% | $823K | $858K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.34 | −0.035% | $70.2M | $145.5M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.25 | −0.047% | $10.6M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.09 | −0.069% | $21.5M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.08 | −0.070% | $5.4M | $6.3M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 741.60 | −0.135% | $3.3M | $21.5M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.38 | −0.030% | $16.6M | $5.6M | 20x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QQQ | 0.0000% | 8h | 742.21 | −0.053% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.75 | +0.020% | $2K | $1.8M | 10x | as long as short |
| HTX QQQ-USDTlong | 0.0000% | 8h | 742.60 | long leg | $251K | $41K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 742.48 | −0.016% | $365K | $1.6M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.73 | −0.117% | $1.2M | $551K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.08 | −0.070% | $7.6M | $15.4M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.45 | −0.020% | $36.9M | $79.6M | 50x | as long as short |
| Arcus QQQ-USDshort | +0.0040% | 1h | 741.36 | −0.167% | $686K | $1.6M | 25x | |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.13 | +0.071% | — | $337K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0087% | 1h | 741.94 | −0.089% | $424K | $153K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.85 | −0.101% | $3.4M | $352K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.86 | −0.100% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.96 | −0.086% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.46 | −0.154% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0105% | 8h | 742.52 | −0.010% | $318K | $2.0M | 10x | as long as short |
| Nado QQQ-PERP | +0.0142% | 1h | 741.79 | −0.109% | $1.5M | $749K | 20x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.83 | −0.104% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0513% | 4h | 742.27 | −0.044% | $759K | $335K | 20x | as long as short |
HTX QQQ-USDT
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
Phemex QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
Deribit QQQ_USDC-PERPETUAL
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC