Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against Orderly+0.088%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. HTX is 0.088% dearer against Orderly than usual: you sell high and buy low (spread +0.088% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_QQQ_USDC_mythos | 741.43 | 0.0100 | pay 0.0100% / 8h | 57m 00s | $12K | $21K | 20x |
| Short | HTX QQQ-USDT | 742.08 | 0 | get 0.0000% / 8h | 57m 00s | $251K | $41K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Orderly. 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: +0.088% → 0.000%
- $8.77
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$30.23
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 45 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell HTX live order book, 45 min ago | 2.69 bp | 8.7 bp −$9 | 15.5 bp −$155 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0167% / S +0.0257% | 1h | 741.78 | +0.048% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0080% | 1h | 740.46 | −0.131% | $4.2M | $1.8M | 20x | as long as short |
| Gate QQQ_USDT | −0.0063% | 8h | 741.21 | −0.030% | $3.3M | $21.5M | 50x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.73 | +0.040% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.72 | +0.039% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.52 | +0.012% | $21.4M | $28.3M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.50 | +0.009% | $5.4M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 741.83 | +0.054% | $16.5M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.94 | +0.068% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.54 | +0.150% | $2K | $1.8M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit QQQ_USDC-PERPETUAL | 0.0000% | 1h | 741.43 | 0.000% | $424K | $155K | 20x | as long as short |
| HTX QQQ-USDTshort | 0.0000% | 8h | 742.08 | +0.088% | $251K | $41K | 30x | |
| Phemex QQQUSDT | 0.0000% | 8h | 741.88 | +0.061% | $365K | $1.6M | 10x | as long as short |
| BloFin QQQ-USDT | +0.0003% | 8h | 741.78 | +0.047% | $1.1M | $270K | 20x | as long as short |
| Binance QQQUSDT | +0.0004% | 8h | 741.76 | +0.045% | $70.0M | $143.3M | 25x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.33 | −0.013% | $1.2M | $488K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.55 | +0.016% | $7.7M | $15.2M | 30x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.07 | −0.049% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.71 | +0.173% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 741.86 | +0.058% | $37.1M | $79.6M | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.42 | −0.001% | $3.4M | $357K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.56 | +0.018% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythoslong | +0.0100% | 8h | 741.43 | long leg | $12K | $21K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.04 | −0.052% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0114% | 1h | 741.35 | −0.011% | $1.6M | $762K | 20x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0120% | 8h | 742.18 | +0.101% | $314K | $2.0M | 10x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.30 | −0.018% | $38K | $65K | 20x | as long as short |
| edgeX QQQUSDC | +0.0604% | 4h | 741.87 | +0.060% | $759K | $334K | 20x | as long as short |
HTX QQQ-USDT
GMX QQQ/USD [ETH-USDC]
Gate QQQ_USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
Deribit QQQ_USDC-PERPETUAL
Phemex QQQUSDT
BloFin QQQ-USDT
Binance QQQUSDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC