Funding spread now, next payment 17:00 UTC+0.0227%/8h
paid, last 24h+0.022%paid, last 5 days+0.021%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 5 days it paid 0.021% in total (about 1.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX QQQ-USDT | 739.57 | 0 | get 0.0000% / 8h | 6h 29m | $258K | $27K | 30x |
| Short | Phoenix QQQ | 738.67 | 0.0227 | get 0.0028% / 1h | 29m 59s | $38K | $74K | 20x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- $47.75
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $28.75
- Break-even
- 2.8 days
Slippage unknown: HTX: live order book, 8 min ago; Phoenix: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- −0.122%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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, 8 min ago | 0.47 bp | 9.7 bp −$10 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0092% | 1h | $4.2M | $2.1M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0028% | 8h | $1.0M | $471K | 20x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | $20.9M | $23.5M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | $2.9M | $33.6M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | $2K | $2.5M | 10x | as long as short |
| HTX QQQ-USDTlong | 0.0000% | 8h | $258K | $27K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | $357K | $1.2M | 10x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L +0.0009% / S +0.0095% | 1h | $23K | — | 53x | as long as short |
| Lighter QQQ | +0.0032% | 1h | $8.1M | $20.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | $39.9M | $80.3M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0040% | 1h | $762K | $1.4M | 25x | as long as short |
| RISEx QQQ/USDC | +0.0041% | 1h | $5.6M | $8.9M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | — | $619K | 50x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0048% | 1h | $422K | $309K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | $1.2M | $825K | 20x | as long as short |
| Aster QQQUSDT | +0.0054% | 8h | $824K | $522K | 20x | as long as short |
| Bybit QQQUSDT | +0.0087% | 8h | $10.8M | $5.1M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | $3.4M | $431K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | $22K | $2.1M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | $7K | $15K | 20x | as long as short |
| Nado QQQ-PERP | +0.0103% | 1h | $1.5M | $1.4M | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | $92K | $1K | 10x | as long as short |
| Variational Omni QQQ | +0.0111% | 8h | $17.7M | $9.8M | — | as long as short |
| Binance QQQUSDT | +0.0129% | 8h | $69.9M | $147.2M | 25x | as long as short |
| Phoenix QQQshort | +0.0227% | 1h | $38K | $74K | 20x | |
| Bitget QQQUSDT | +0.0280% | 8h | $16.5M | $7.2M | 20x | as long as short |
| edgeX QQQUSDC | +0.0604% | 4h | $756K | $336K | 20x | as long as short |
HTX QQQ-USDT
Phoenix QQQ
BloFin QQQ-USDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
Phemex QQQUSDT
GMX QQQ/USD [ETH-USDC]
Lighter QQQ
Lighter RH QQQ
RISEx QQQ/USDC
Deribit QQQ_USDC-PERPETUAL
Coinbase International QQQ-PERP-INTX
Aster QQQUSDT
Bybit QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Variational Omni QQQ
Binance QQQUSDT
Bitget QQQUSDT