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 Orderly+0.015%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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_QQQ_USDC_mythos | 743.04 | 0.0100 | pay 0.0100% / 8h | 2h 09m | $12K | $21K | 20x |
| Short | OKX QQQ-USDT-SWAP | 743.15 | 0 | get 0.0000% / 8h | 2h 09m | $21.5M | $28.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.015% → 0.000%
- $1.48
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$35.52
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago | 0.07 bp | 5.1 bp −$5 | 6.3 bp −$63 | 13.9 bp −$1,391 | 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 −0.0152% / S +0.0246% | 1h | 743.35 | +0.041% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0020% | 8h | 742.85 | −0.026% | $1.1M | $277K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.97 | −0.009% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 743.37 | +0.044% | $70.0M | $145.0M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.45 | +0.055% | $10.6M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAPshort | 0.0000% | 8h | 743.15 | +0.015% | $21.5M | $28.3M | 50x | |
| RISEx QQQ/USDC | 0.0000% | 1h | 743.38 | +0.045% | $5.4M | $6.7M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.74 | −0.040% | $3.3M | $21.4M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.50 | +0.062% | $16.6M | $5.6M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.18 | +0.020% | $16.9M | $7.3M | — | 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 | 743.76 | +0.097% | $2K | $1.8M | 10x | as long as short |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.77 | −0.036% | $1.2M | $541K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.33 | +0.039% | $251K | $41K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.50 | +0.062% | $361K | $1.6M | 10x | as long as short |
| Ondo Perps QQQ-USD.P | +0.0001% | 1h | 742.06 | −0.132% | $4.2M | $1.8M | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 743.29 | +0.034% | $7.6M | $15.7M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.63 | +0.079% | $37.0M | $80.9M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.15 | −0.120% | $689K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.28 | +0.167% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0095% | 8h | 743.38 | +0.046% | $316K | $2.0M | 10x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 743.06 | +0.003% | $3.4M | $363K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.75 | −0.039% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythoslong | +0.0100% | 8h | 743.04 | long leg | $12K | $21K | 20x | |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.59 | −0.061% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0122% | 1h | 742.92 | −0.016% | $1.5M | $748K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 742.54 | −0.067% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0140% | 1h | 743.08 | +0.005% | $424K | $152K | 20x | as long as short |
| edgeX QQQUSDC | +0.0987% | 4h | 743.21 | +0.022% | $760K | $334K | 20x | as long as short |
OKX QQQ-USDT-SWAP
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDT
Variational Omni QQQ
SunX QQQ-USDT
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
GRVT QQQ_USDT_Perp
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC