Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against HTX−0.085%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$520.517% of the position
Funding, last 7 days+0.203%+$20 on $10k
+Price spread, last 4 days (all we have)+0.076%+$8 · spread now −0.085%, 7d avg −0.063%
=Funding pays, the price is against you. KuCoin is 0.022% cheaper against HTX than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of −0.063%). If the spread goes back, that is −$2 on $10k: about 17 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX QQQ-USDT | 743.57 | 0 | get 0.0000% / 8h | 3h 38m | $257K | $29K | 30x |
| Short | KuCoin QQQUSDTM | 742.94 | 0.0100 | get 0.0100% / 8h | 3h 38m | $3.4M | $339K | 20x |
HTX QQQ-USDT
KuCoin QQQUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.085% → −0.063%
- −$2.17
- Slippage, 4 orders
- −$27.67
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$32.83
- Costs to cover
- 0.517%
- Break-even
- 17.9 days
Slippage from HTX: live order book, 13 min ago; KuCoin: 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 HTX live order book, 13 min ago | 2.69 bp | 8.7 bp −$9 | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 1.75 bp | 23.5 bp −$24 | doesn't fit | 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 −0.0133% / S +0.0231% | 1h | 743.18 | −0.052% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0042% | 1h | 742.40 | −0.157% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0027% | 8h | 743.11 | −0.062% | $1.1M | $256K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.12 | −0.061% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.10 | −0.063% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.01 | −0.075% | $21.4M | $26.9M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.78 | −0.106% | $3.3M | $20.9M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.36 | −0.028% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.22 | −0.046% | $17.1M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.60 | +0.004% | $2K | $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
Gate QQQ_USDT
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-INTX | 0.0000% | 1h | 742.64 | −0.125% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDTlong | 0.0000% | 8h | 743.57 | long leg | $257K | $29K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 743.12 | −0.061% | $359K | $1.6M | 10x | as long as short |
| Binance QQQUSDT | +0.0005% | 8h | 743.17 | −0.054% | $70.8M | $141.3M | 25x | as long as short |
| RISEx QQQ/USDC | +0.0010% | 1h | 743.24 | −0.044% | $5.4M | $7.3M | 25x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.06 | −0.069% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.48 | −0.012% | $37.0M | $78.7M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.61 | −0.129% | $702K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.20 | +0.085% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0072% | 8h | 743.44 | −0.017% | $315K | $1.9M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0073% | 1h | 742.91 | −0.089% | $424K | $150K | 20x | as long as short |
| Nado QQQ-PERP | +0.0091% | 1h | 742.94 | −0.085% | $1.5M | $769K | 20x | as long as short |
| KuCoin QQQUSDTMshort | +0.0100% | 8h | 742.94 | −0.085% | $3.4M | $339K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.28 | −0.039% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.85 | −0.097% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.35 | −0.165% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.10 | −0.063% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0938% | 4h | 743.35 | −0.029% | $760K | $334K | 20x | as long as short |
Coinbase International QQQ-PERP-INTX
Phemex QQQUSDT
Binance QQQUSDT
RISEx QQQ/USDC
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
GRVT QQQ_USDT_Perp
Deribit QQQ_USDC-PERPETUAL
Nado QQQ-PERP
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC