Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Phemex−0.011%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$790.791% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.055%−$6 · spread now −0.011%, 7d avg −0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex QQQUSDT | 742.22 | 0 | get 0.0000% / 8h | 1h 24m | $365K | $1.6M | 10x |
| Short | HTX QQQ-USDT | 742.14 | 0 | get 0.0000% / 8h | 1h 24m | $251K | $41K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Phemex. 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: −0.011% → −0.012%
- $0.1
- Slippage, 4 orders
- −$55.07
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$78.97
- Costs to cover
- 0.791%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; HTX: live order book, 17 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 Phemex live order book, 4 min ago | 2.69 bp | 31.7 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 17 min ago | 2.69 bp | 8.7 bp −$9 | 15.5 bp −$155 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0161% / S +0.0253% | 1h | 741.98 | −0.033% | $25K | — | 26x | as long as short |
| Gate QQQ_USDT | −0.0029% | 8h | 741.25 | −0.131% | $3.3M | $21.5M | 50x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 741.94 | −0.038% | $823K | $858K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 741.90 | −0.043% | $10.5M | $5.2M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.75 | −0.063% | $21.4M | $28.4M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 741.68 | −0.072% | $5.5M | $6.3M | 25x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.03 | −0.026% | $16.6M | $5.4M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 741.98 | −0.033% | $16.9M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.77 | +0.074% | $2K | $1.8M | 10x | as long as short |
| HTX QQQ-USDTshort | 0.0000% | 8h | 742.14 | −0.011% | $251K | $41K | 30x |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex QQQUSDTlong | 0.0000% | 8h | 742.22 | long leg | $365K | $1.6M | 10x | |
| Ondo Perps QQQ-USD.P | +0.0001% | 1h | 740.66 | −0.210% | $4.2M | $1.8M | 20x | as long as short |
| Binance QQQUSDT | +0.0003% | 8h | 742.00 | −0.030% | $70.0M | $144.5M | 25x | as long as short |
| BloFin QQQ-USDT | +0.0004% | 8h | 741.75 | −0.063% | $1.1M | $271K | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0016% | 1h | 741.55 | −0.090% | $1.2M | $550K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.73 | −0.066% | $7.7M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.12 | −0.013% | $37.0M | $80.6M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.15 | −0.144% | $686K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 742.90 | +0.092% | — | $337K | 50x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.48 | −0.100% | $3.4M | $353K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.57 | −0.088% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.63 | −0.079% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.22 | −0.135% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0116% | 8h | 742.17 | −0.007% | $322K | $2.0M | 10x | as long as short |
| Nado QQQ-PERP | +0.0131% | 1h | 741.48 | −0.100% | $1.5M | $764K | 20x | as long as short |
| Phoenix QQQ | +0.0205% | 1h | 741.63 | −0.079% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0209% | 1h | 741.71 | −0.069% | $424K | $154K | 20x | as long as short |
| edgeX QQQUSDC | +0.0573% | 4h | 741.92 | −0.040% | $759K | $334K | 20x | as long as short |
Phemex QQQUSDT
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
Binance QQQUSDT
BloFin QQQ-USDT
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Lighter RH QQQ
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL
edgeX QQQUSDC