data as of
Settings8H · net · $10k
Funding arb /

QQQ

RWAall QQQ markets
SwapPrice view
Alert
Funding spread now, next payment 14:00 UTC−0.0032%/8h
paid, last 24h−0.025%paid, last 7 days−0.083%to open and close $10k−$59
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter QQQ728.710.0032pay 0.0004% / 1h26m 31s$6.9M$14.2M30x
ShortPhemex QQQUSDT728.970get 0.0000% / 8h2h 26m$362K$1.2M10x

Funding history

latest
Range statsloading…

Funding on every exchange

click an exchange to add or hide it
latest

Profit calculator

Funding earned
−$6.72
Slippage, 4 orders
−$47.21
Fee Lighter: 0 bp × 2 orders
$0
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$65.93
Break-even
never at this rate
Slippage from Lighter: live order book, 4 min ago; Phemex: live order book, 3 min ago.

Price risk

price view
Price gap now
+0.036%
Avg gap 7d
+0.064%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 4 min ago1.24 bp1.8 bp −$23.1 bp −$3113.9 bp −$1,39049.9 bp −$24.9K
Sell Phemex live order book, 3 min ago2.67 bp29.7 bp −$30doesn't fitdoesn't fitdoesn't fit

QQQ on 27 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
edgeX QQQUSDC−0.0123%4h$744K$331K20xas long as short
Phoenix QQQ−0.0066%1h$79K$20K20xas long as short
Coinbase International QQQ-PERP-INTX−0.0032%1h$1.3M$581K20xas long as short
Aster QQQUSDT0.0000%8h$506K$117K20xas long as short
Bybit QQQUSDT0.0000%8h$11.8M$3.2M50xas long as short
OKX QQQ-USDT-SWAP0.0000%8h$19.7M$12.1M50xas long as short
Gate QQQ_USDT0.0000%8h$2.7M$29.3M50xas long as short
SunX QQQ-USDT0.0000%8h$1K$1.7M10xas long as short
Deribit QQQ_USDC-PERPETUAL0.0000%1h$416K$283K20xas long as short
HTX QQQ-USDT0.0000%8h$261K$14K30xas long as short
Show all 27 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
Phemex QQQUSDTshort0.0000%8h$362K$1.2M10x
Lighter QQQlong+0.0032%1h$6.9M$14.2M30x
Lighter RH QQQ+0.0032%1h$40.1M$65.4M50xas long as short
Arcus QQQ-USD+0.0040%1h$852K$1.1M25xas long as short
Variational Omni QQQ+0.0044%8h$17.5M$7.3Mas long as short
Ondo Perps QQQ-USD.P+0.0045%1h$4.2M$1.4M20xas long as short
Vest QQQ-USD-PERP+0.0046%1h$348K50xas long as short
Binance QQQUSDT+0.0054%8h$61.3M$93.8M25xas long as short
GMX QQQ/USD [ETH-USDC]L +0.0095% / S −0.0036%1h$15K26xas long as short
KuCoin QQQUSDTM+0.0100%8h$3.3M$364K20xas long as short
ApeX Omni QQQUSDT+0.0100%1h$16K$2.1M50xas long as short
Orderly PERP_QQQ_USDC_mythos+0.0100%8h$6K20xas long as short
Aevo QQQ-PERP+0.0104%1h$91K$1K10xas long as short
BloFin QQQ-USDT+0.0120%8h$994K$425K20xas long as short
Nado QQQ-PERP+0.0129%1h$1.4M$1.2M20xas long as short
Bitget QQQUSDT+0.0227%8h$16.5M$5.1M20xas long as short
RISEx QQQ/USDC+0.0282%1h$5.6M$7.5M25xas long as short