QQQ

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: SunX against Orderly+0.110%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on SunX

What this pair did over the last

the charts below follow

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. SunX is 0.110% dearer against Orderly than usual: you sell high and buy low (spread +0.110% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.7 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_QQQ_USDC_mythos	742.54	0.0100	pay 0.0100% / 8h	6h 01m	$12K	$21K	20x
Short	SunX QQQ-USDT	743.36	0	get 0.0000% / 8h	6h 01m	$2K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Orderly. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OrderlybpFee SunXbpOrdersPrice spread, now +0.110%Rate

Funding earned: −$21
Price spread: +0.110% → 0.000%: $11.04
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: −$23.96
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; SunX: live order book, 7 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 SunX live order book, 7 min ago	21.61 bp	38.0 bp −$38	67.7 bp −$677	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 exchanges

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 −0.0203% / S +0.0285%	1h	742.91	+0.051%	$25K	—	26x	as long as short
Ondo Perps QQQ-USD.P	−0.0109%	1h	741.79	−0.101%	$4.2M	$1.8M	20x	as long as short
BloFin QQQ-USDT	−0.0028%	8h	742.99	+0.061%	$1.1M	$230K	20x	as long as short
Aster QQQUSDT	0.0000%	8h	742.89	+0.048%	$858K	$900K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	742.78	+0.032%	$21.7M	$30.2M	50x	as long as short
RISEx QQQ/USDC	0.0000%	1h	742.77	+0.031%	$5.4M	$5.7M	25x	as long as short
Gate QQQ_USDT	0.0000%	8h	742.24	−0.040%	$3.5M	$20.4M	50x	as long as short
Bitget QQQUSDT	0.0000%	8h	743.12	+0.078%	$16.7M	$5.6M	20x	as long as short
SunX QQQ-USDTshort	0.0000%	8h	743.36	+0.110%	$2K	$1.6M	10x
Deribit QQQ_USDC-PERPETUAL	0.0000%	1h	742.32	−0.030%	$398K	$152K	20x	as long as short

Show all 28 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX QQQ-USDT	0.0000%	8h	742.89	+0.047%	$251K	$38K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	743.26	+0.097%	$359K	$1.6M	10x	as long as short
Lighter QQQ	+0.0032%	1h	742.58	+0.005%	$7.5M	$15.3M	30x	as long as short
Lighter RH QQQ	+0.0032%	1h	743.00	+0.062%	$38.5M	$79.0M	50x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0032%	1h	742.13	−0.055%	$1.2M	$538K	20x	as long as short
Variational Omni QQQ	+0.0034%	8h	742.90	+0.049%	$16.8M	$7.2M	—	as long as short
Arcus QQQ-USD	+0.0040%	1h	742.03	−0.069%	$658K	$1.4M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	743.82	+0.172%	—	$337K	50x	as long as short
Bybit QQQUSDT	+0.0049%	8h	743.13	+0.079%	$10.6M	$4.8M	50x	as long as short
Binance QQQUSDT	+0.0061%	8h	743.00	+0.063%	$71.6M	$145.5M	25x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	742.43	−0.015%	$3.4M	$462K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	742.34	−0.027%	$20K	$2.2M	50x	as long as short
Orderly PERP_QQQ_USDC_mythoslong	+0.0100%	8h	742.54	long leg	$12K	$21K	20x
Aevo QQQ-PERP	+0.0104%	1h	742.19	−0.047%	$92K	$1K	10x	as long as short
Nado QQQ-PERP	+0.0116%	1h	742.36	−0.024%	$1.6M	$770K	20x	as long as short
GRVT QQQ_USDT_Perp	+0.0208%	8h	743.29	+0.101%	$319K	$2.0M	10x	as long as short
Phoenix QQQ	+0.0280%	1h	742.55	+0.001%	$38K	$59K	20x	as long as short
edgeX QQQUSDC	+0.0867%	4h	742.95	+0.055%	$760K	$336K	20x	as long as short