Funding you earn now, next payment 03:00 UTC+0.0207%/8h= +22.7% APRpaid last 24h +0.012%
Price spread now: Deribit against HTX−0.063%7-day average −0.080% · 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−$28as in the Price arb table
costs, in and out, $10k−$300.300% of the position
Funding, last 5 days (all we have)+0.108%+$11 on $10k
+Price spread, last 3 days (all we have)+0.010%+$1 · spread now −0.063%, 7d avg −0.080%
=The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: +$6 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 | 744.68 | 0 | get 0.0000% / 8h | 5h 52m | $257K | $29K | 30x |
| Short | Deribit QQQ_USDC-PERPETUAL | 744.21 | 0.0207 | get 0.0026% / 1h | 52m 22s | $425K | $149K | 20x |
HTX QQQ-USDT
Deribit QQQ_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $43.48
- Price spread: −0.063% → −0.080%
- $1.66
- Slippage, 4 orders
- −$10.95
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $15.19
- Costs to cover
- 0.300%
- Break-even
- 4.6 days
Slippage from HTX: live order book, 9 min ago; Deribit: live order book, 11 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, 9 min ago | 2.69 bp | 8.7 bp −$9 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 11 min ago | 0.07 bp | 9.0 bp −$9 | 10.5 bp −$105 | doesn't fit | doesn't fit |
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] | L −0.0106% / S +0.0209% | 1h | 744.38 | −0.040% | $25K | — | 26x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.40 | −0.038% | $841K | $713K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.39 | −0.039% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.32 | −0.048% | $21.7M | $26.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 744.46 | −0.030% | $5.4M | $7.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 744.07 | −0.082% | $3.3M | $20.4M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.48 | −0.027% | $16.9M | $5.8M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.93 | +0.034% | $2K | $2.0M | 10x | as long as short |
| HTX QQQ-USDTlong | 0.0000% | 8h | 744.68 | long leg | $257K | $29K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 744.65 | −0.004% | $359K | $1.4M | 10x | as long as short |
GMX QQQ/USD [ETH-USDC]
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDT
Phemex QQQUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | +0.0010% | 1h | 743.51 | −0.157% | $4.2M | $1.9M | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.19 | −0.066% | $7.7M | $17.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.64 | −0.005% | $37.3M | $78.4M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.88 | −0.107% | $1.2M | $532K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.49 | −0.160% | $705K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.33 | +0.087% | — | $337K | 50x | as long as short |
| Variational Omni QQQ | +0.0052% | 8h | 744.38 | −0.040% | $17.1M | $7.5M | — | as long as short |
| Binance QQQUSDT | +0.0075% | 8h | 744.32 | −0.048% | $71.2M | $144.5M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.06 | −0.083% | $3.4M | $414K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.08 | −0.081% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.06 | −0.083% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.63 | −0.142% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0116% | 1h | 743.99 | −0.093% | $1.5M | $923K | 20x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 744.04 | −0.086% | $38K | $66K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0172% | 8h | 744.62 | −0.008% | $322K | $1.9M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUALshort | +0.0207% | 1h | 744.21 | −0.063% | $425K | $149K | 20x | |
| edgeX QQQUSDC | +0.0521% | 4h | 744.38 | −0.040% | $761K | $334K | 20x | as long as short |
Ondo Perps QQQ-USD.P
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Variational Omni QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
GRVT QQQ_USDT_Perp
edgeX QQQUSDC