QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.018%

Price spread now: Coinbase International against KuCoin−0.016%7-day average −0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$390.389% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$3 on $10k

Price spread, last 3 days (all we have)+0.055%+$6 · spread now −0.016%, 7d avg −0.023%

Together, before fees+0.090%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin QQQUSDTM	744.23	0.0100	pay 0.0100% / 8h	6h 14m	$3.4M	$412K	20x
Short	Coinbase International QQQ-PERP-INTX	744.11	0.0048	get 0.0006% / 1h	14m 40s	$1.2M	$538K	20x

Funding history

latest

Range statsloading…

Coinbase International against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Position, each leg$Hold fordaysFee KuCoinbpFee Coinbase InternationalbpOrdersPrice spread, now −0.016%Rate

Slippage from KuCoin: live order book, 3 min ago; Coinbase International: live order book, 4 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 3 min ago	0.07 bp	7.0 bp −$7	80.0 bp −$800	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	0.07 bp	6.2 bp −$6	7.4 bp −$74	40.4 bp −$4,039	doesn't fit

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 −0.0101% / S +0.0206%	1h	744.59	+0.048%	$25K	—	26x	as long as short
Ondo Perps QQQ-USD.P	−0.0088%	1h	743.56	−0.090%	$4.2M	$1.9M	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	744.60	+0.050%	$10.7M	$5.0M	50x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	744.37	+0.019%	$21.7M	$26.4M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	744.10	−0.017%	$3.3M	$23.3M	50x	as long as short
SunX QQQ-USDT	0.0000%	8h	745.03	+0.107%	$2K	$2.1M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	745.25	+0.137%	$258K	$29K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	744.91	+0.091%	$359K	$1.4M	10x	as long as short
Aster QQQUSDT	+0.0006%	8h	744.46	+0.030%	$841K	$712K	20x	as long as short
Bitget QQQUSDT	+0.0025%	8h	744.59	+0.048%	$16.9M	$5.9M	20x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter QQQ	+0.0032%	1h	744.23	0.000%	$7.7M	$17.8M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	744.66	+0.058%	$37.4M	$80.3M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	743.66	−0.077%	$705K	$1.6M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	745.51	+0.172%	—	$337K	50x	as long as short
Coinbase International QQQ-PERP-INTXshort	+0.0048%	1h	744.11	−0.016%	$1.2M	$538K	20x
Variational Omni QQQ	+0.0056%	8h	744.43	+0.027%	$17.1M	$7.6M	—	as long as short
Binance QQQUSDT	+0.0082%	8h	744.48	+0.034%	$71.0M	$147.2M	25x	as long as short
KuCoin QQQUSDTMlong	+0.0100%	8h	744.23	long leg	$3.4M	$412K	20x
ApeX Omni QQQUSDT	+0.0100%	1h	744.10	−0.017%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	744.30	+0.009%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	743.77	−0.061%	$93K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0123%	1h	744.14	−0.012%	$1.5M	$952K	20x	as long as short
RISEx QQQ/USDC	+0.0168%	1h	744.53	+0.040%	$5.4M	$8.0M	25x	as long as short
Phoenix QQQ	+0.0183%	1h	744.18	−0.007%	$38K	$66K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0198%	8h	744.63	+0.053%	$320K	$1.8M	10x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0207%	1h	744.38	+0.020%	$425K	$148K	20x	as long as short
edgeX QQQUSDC	+0.0490%	4h	744.37	+0.019%	$761K	$335K	20x	as long as short