QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.027%

Price spread now: OKX against KuCoin+0.024%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

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

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.167%−$17 on $10k

Price spread, last 7 days+0.063%+$6 · spread now +0.024%, 7d avg +0.052%

Together, before fees−0.104%−$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.052%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin QQQUSDTM	741.36	0.0100	pay 0.0100% / 8h	30m 54s	$3.4M	$360K	20x
Short	OKX QQQ-USDT-SWAP	741.54	0	get 0.0000% / 8h	30m 54s	$21.4M	$28.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$21
Price spread: +0.024% → +0.052%: −$2.78
Slippage, 4 orders: −$16.9
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$62.68
Costs to cover: 0.389%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; OKX: 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 KuCoin live order book, 6 min ago	1.21 bp	8.4 bp −$8	88.6 bp −$886	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.07 bp	5.6 bp −$6	6.9 bp −$69	13.9 bp −$1,392	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 −0.0172% / S +0.0261%	1h	741.85	+0.065%	$25K	—	26x	as long as short
Ondo Perps QQQ-USD.P	−0.0171%	1h	740.14	−0.165%	$4.2M	$1.8M	20x	as long as short
Gate QQQ_USDT	−0.0075%	8h	741.38	+0.003%	$3.3M	$21.6M	50x	as long as short
BloFin QQQ-USDT	−0.0010%	8h	741.60	+0.032%	$1.1M	$274K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	741.80	+0.060%	$821K	$861K	20x	as long as short
Bybit QQQUSDT	0.0000%	8h	741.82	+0.062%	$10.7M	$5.1M	50x	as long as short
OKX QQQ-USDT-SWAPshort	0.0000%	8h	741.54	+0.024%	$21.4M	$28.4M	50x
RISEx QQQ/USDC	0.0000%	1h	741.57	+0.029%	$5.4M	$6.3M	25x	as long as short
Bitget QQQUSDT	0.0000%	8h	741.95	+0.080%	$16.5M	$5.4M	20x	as long as short
Variational Omni QQQ	0.0000%	8h	741.73	+0.050%	$16.8M	$7.2M	—	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX QQQ-USDT	0.0000%	8h	742.34	+0.132%	$2K	$1.8M	10x	as long as short
HTX QQQ-USDT	0.0000%	8h	742.04	+0.092%	$251K	$41K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	742.11	+0.101%	$361K	$1.6M	10x	as long as short
Binance QQQUSDT	+0.0012%	8h	741.82	+0.062%	$70.2M	$141.9M	25x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0016%	1h	741.51	+0.020%	$1.2M	$491K	20x	as long as short
Lighter QQQ	+0.0032%	1h	741.61	+0.034%	$7.7M	$15.3M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	741.93	+0.077%	$37.3M	$80.3M	50x	as long as short
Arcus QQQ-USD	+0.0040%	1h	741.20	−0.022%	$644K	$1.7M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	742.70	+0.181%	—	$337K	50x	as long as short
KuCoin QQQUSDTMlong	+0.0100%	8h	741.36	long leg	$3.4M	$360K	20x
ApeX Omni QQQUSDT	+0.0100%	1h	741.26	−0.013%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	741.56	+0.027%	$12K	$21K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	741.09	−0.036%	$92K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0126%	1h	741.30	−0.009%	$1.6M	$762K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0130%	8h	742.08	+0.097%	$325K	$2.0M	10x	as long as short
edgeX QQQUSDC	+0.0194%	4h	741.73	+0.050%	$758K	$336K	20x	as long as short
Phoenix QQQ	+0.0227%	1h	741.19	−0.023%	$38K	$65K	20x	as long as short
Deribit QQQ_USDC-PERPETUAL	+0.0249%	1h	741.59	+0.031%	$424K	$156K	20x	as long as short