Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.026%
Price spread now: RISEx against KuCoin+0.049%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 4 days (all we have)+0.090%+$9 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now +0.049%, 7d avg +0.064%
=The price spread sits at its 7-day average of +0.064%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.090%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin QQQUSDTM | 744.28 | 0.0100 | pay 0.0100% / 8h | 4h 59m | $3.4M | $403K | 20x |
| Short | RISEx QQQ/USDC | 744.64 | 0 | get 0.0000% / 1h | 59m 50s | $5.4M | $7.5M | 25x |
KuCoin QQQUSDTM
RISEx QQQ/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against KuCoin. 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: +0.049% → +0.064%
- −$1.45
- Slippage, 4 orders
- −$11.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$51.87
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 3 min ago; RISEx: 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 KuCoin live order book, 3 min ago | 1.41 bp | 9.1 bp −$9 | 83.0 bp −$830 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 4 min ago | 0.07 bp | 3.5 bp −$3 | 3.9 bp −$39 | 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 −0.0117% / S +0.0218% | 1h | 744.62 | +0.045% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0077% | 1h | 743.39 | −0.120% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0010% | 8h | 744.38 | +0.013% | $1.1M | $271K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.44 | +0.022% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.65 | +0.050% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.44 | +0.021% | $21.5M | $26.8M | 50x | as long as short |
| RISEx QQQ/USDCshort | 0.0000% | 1h | 744.64 | +0.049% | $5.4M | $7.5M | 25x | |
| Gate QQQ_USDT | 0.0000% | 8h | 744.02 | −0.035% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.77 | +0.066% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 745.07 | +0.106% | $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
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 744.78 | +0.067% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.84 | +0.075% | $361K | $1.5M | 10x | as long as short |
| Variational Omni QQQ | +0.0016% | 8h | 744.44 | +0.022% | $17.1M | $7.5M | — | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.41 | +0.017% | $7.7M | $17.2M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.85 | +0.077% | $37.1M | $80.8M | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0032% | 1h | 743.92 | −0.048% | $1.2M | $535K | 20x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.63 | −0.087% | $695K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.57 | +0.173% | — | $337K | 50x | as long as short |
| Binance QQQUSDT | +0.0050% | 8h | 744.64 | +0.048% | $71.2M | $142.5M | 25x | as long as short |
| Nado QQQ-PERP | +0.0083% | 1h | 744.28 | 0.000% | $1.5M | $876K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0086% | 1h | 744.36 | +0.011% | $425K | $149K | 20x | as long as short |
| KuCoin QQQUSDTMlong | +0.0100% | 8h | 744.28 | long leg | $3.4M | $403K | 20x | |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.13 | −0.020% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.27 | −0.001% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.77 | −0.068% | $93K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0121% | 8h | 744.58 | +0.040% | $322K | $1.9M | 10x | as long as short |
| Phoenix QQQ | +0.0161% | 1h | 744.14 | −0.019% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0453% | 4h | 744.45 | +0.023% | $761K | $335K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQ
Lighter QQQ
Lighter RH QQQ
Coinbase International QQQ-PERP-INTX
Arcus QQQ-USD
Vest QQQ-USD-PERP
Binance QQQUSDT
Nado QQQ-PERP
Deribit QQQ_USDC-PERPETUAL
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC