Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.009%
Price spread now: Deribit against OKX−0.034%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$200.204% of the position
Funding, last 5 days (all we have)+0.098%+$10 on $10k
+Price spread, last 3 days (all we have)−0.022%−$2 · spread now −0.034%, 7d avg −0.050%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX QQQ-USDT-SWAP | 744.19 | 0 | get 0.0000% / 8h | 7h 45m | $21.5M | $25.4M | 50x |
| Short | Deribit QQQ_USDC-PERPETUAL | 743.94 | 0 | get 0.0000% / 1h | 45m 16s | $425K | $147K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against OKX. 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
- $0
- Price spread: −0.034% → −0.050%
- $1.68
- Slippage, 4 orders
- −$3.36
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$18.68
- Costs to cover
- 0.204%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Deribit: live order book, 28 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 OKX live order book, 3 min ago | 0.07 bp | 5.1 bp −$5 | 5.5 bp −$55 | 12.5 bp −$1,248 | doesn't fit |
| Sell Deribit live order book, 28 min ago | 1.28 bp | 4.8 bp −$5 | 5.7 bp −$57 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0365% | 1h | 742.35 | −0.247% | $4.2M | $2.0M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC] | L −0.0083% / S +0.0191% | 1h | 744.38 | +0.025% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0022% | 8h | 744.06 | −0.017% | $1.0M | $318K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.79 | −0.054% | $841K | $760K | 20x | as long as short |
| OKX QQQ-USDT-SWAPlong | 0.0000% | 8h | 744.19 | long leg | $21.5M | $25.4M | 50x | |
| Gate QQQ_USDT | 0.0000% | 8h | 743.97 | −0.030% | $3.2M | $26.8M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.82 | +0.085% | $2K | $2.2M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUALshort | 0.0000% | 1h | 743.94 | −0.034% | $425K | $147K | 20x | |
| HTX QQQ-USDT | 0.0000% | 8h | 744.80 | +0.082% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.56 | +0.050% | $361K | $1.4M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter QQQ | +0.0032% | 1h | 744.07 | −0.016% | $7.6M | $18.1M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 744.42 | +0.031% | $37.3M | $79.0M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.47 | −0.097% | $747K | $1.5M | 25x | as long as short |
| Variational Omni QQQ | +0.0042% | 8h | 744.27 | +0.011% | $17.1M | $10.9M | — | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.80 | +0.082% | — | $336K | 50x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0064% | 1h | 743.88 | −0.042% | $1.2M | $581K | 20x | as long as short |
| Binance QQQUSDT | +0.0072% | 8h | 744.38 | +0.025% | $71.0M | $154.9M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.91 | −0.038% | $3.4M | $413K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.97 | −0.030% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.11 | −0.011% | $12K | $21K | 20x | as long as short |
| Bybit QQQUSDT | +0.0104% | 8h | 744.47 | +0.038% | $10.7M | $4.9M | 50x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.51 | −0.091% | $93K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0118% | 1h | 743.83 | −0.048% | $1.5M | $1.2M | 20x | as long as short |
| Bitget QQQUSDT | +0.0181% | 8h | 744.41 | +0.030% | $16.9M | $6.6M | 20x | as long as short |
| RISEx QQQ/USDC | +0.0208% | 1h | 744.34 | +0.020% | $5.5M | $9.0M | 25x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0219% | 8h | 744.39 | +0.026% | $327K | $1.8M | 10x | as long as short |
| Phoenix QQQ | +0.0258% | 1h | 743.91 | −0.038% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0995% | 4h | 744.25 | +0.008% | $761K | $336K | 20x | as long as short |
OKX QQQ-USDT-SWAP
Deribit QQQ_USDC-PERPETUAL
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Bybit QQQUSDT
Bitget QQQUSDT
RISEx QQQ/USDC
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC