QQQ

Alert

Funding spread now, next payment 16:00 UTC−0.0119%/8h

paid, last 24h−0.026%paid, last 5 days−0.018%to open and closeno order book

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix QQQ	738.94	0.0119	pay 0.0015% / 1h	11m 38s	$38K	$74K	20x
Short	SunX QQQ-USDT	739.86	0	get 0.0000% / 8h	7h 11m	$2K	$2.4M	10x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee SunXbpOrdersRate

Funding earned: −$25.06
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee SunX: 5 bp × 2 orders: −$10
Net: −$42.06
Break-even: never at this rate

Slippage unknown: Phoenix: no order-book sample; SunX: live order book, 1 min ago. Net counts fees only.

Price risk

price view

Price gap now: +0.125%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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 Phoenix no order-book sample	—	—	—	—	—
Sell SunX live order book, 1 min ago	21.63 bp	39.2 bp −$39	doesn't fit	doesn't fit	doesn't fit

Phoenix: 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 27 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Ondo Perps QQQ-USD.P	−0.0298%	1h	$4.3M	$1.9M	20x	as long as short
BloFin QQQ-USDT	−0.0004%	8h	$1.0M	$469K	20x	as long as short
OKX QQQ-USDT-SWAP	0.0000%	8h	$20.9M	$23.1M	50x	as long as short
Gate QQQ_USDT	0.0000%	8h	$2.8M	$33.4M	50x	as long as short
SunX QQQ-USDTshort	0.0000%	8h	$2K	$2.4M	10x
HTX QQQ-USDT	0.0000%	8h	$258K	$27K	30x	as long as short
Phemex QQQUSDT	0.0000%	8h	$359K	$1.3M	10x	as long as short
Coinbase International QQQ-PERP-INTX	+0.0008%	1h	$1.2M	$823K	20x	as long as short
GMX QQQ/USD [ETH-USDC]	L +0.0009% / S +0.0095%	1h	$23K	—	53x	as long as short
Lighter RH QQQ	+0.0032%	1h	$39.9M	$78.7M	50x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Arcus QQQ-USD	+0.0040%	1h	$782K	$1.5M	25x	as long as short
Vest QQQ-USD-PERP	+0.0046%	1h	—	$539K	50x	as long as short
Aster QQQUSDT	+0.0056%	8h	$819K	$512K	20x	as long as short
KuCoin QQQUSDTM	+0.0100%	8h	$3.4M	$428K	20x	as long as short
ApeX Omni QQQUSDT	+0.0100%	1h	$22K	$2.1M	50x	as long as short
Orderly PERP_QQQ_USDC_mythos	+0.0100%	8h	$14K	$8K	20x	as long as short
Aevo QQQ-PERP	+0.0104%	1h	$92K	$1K	10x	as long as short
Variational Omni QQQ	+0.0109%	8h	$17.5M	$9.4M	—	as long as short
Phoenix QQQlong	+0.0119%	1h	$38K	$74K	20x
Deribit QQQ_USDC-PERPETUAL	+0.0129%	1h	$422K	$308K	20x	as long as short
Binance QQQUSDT	+0.0131%	8h	$72.2M	$139.5M	25x	as long as short
Lighter QQQ	+0.0144%	1h	$8.1M	$18.4M	30x	as long as short
Bybit QQQUSDT	+0.0195%	8h	$10.8M	$5.0M	50x	as long as short
Nado QQQ-PERP	+0.0206%	1h	$1.5M	$1.4M	20x	as long as short
RISEx QQQ/USDC	+0.0221%	1h	$5.5M	$9.0M	25x	as long as short
Bitget QQQUSDT	+0.0277%	8h	$16.5M	$7.2M	20x	as long as short
edgeX QQQUSDC	+0.0588%	4h	$756K	$334K	20x	as long as short