Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.030%
Price spread now: Binance against RISEx−0.023%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$180.176% of the position
Funding, last 4 days (all we have)−0.268%−$27 on $10k
+Price spread, last 7 days+0.056%+$6 · spread now −0.023%, 7d avg −0.005%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx QQQ/USDC | 743.29 | 0.0010 | pay 0.0001% / 1h | 39m 15s | $5.4M | $7.3M | 25x |
| Short | Binance QQQUSDT | 743.11 | 0.0006 | get 0.0006% / 8h | 3h 39m | $70.8M | $141.2M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against RISEx. 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
- −$0.94
- Price spread: −0.023% → −0.005%
- −$1.8
- Slippage, 4 orders
- −$1.59
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$20.33
- Costs to cover
- 0.176%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 5 min ago; Binance: live order book, 4 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 RISEx live order book, 5 min ago | 0.07 bp | 3.1 bp −$3 | 3.3 bp −$33 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.07 bp | 5.1 bp −$5 | 5.1 bp −$51 | 9.2 bp −$923 | 26.0 bp −$13.0K |
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 −0.0133% / S +0.0231% | 1h | 743.18 | −0.014% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0041% | 1h | 742.40 | −0.119% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0027% | 8h | 743.11 | −0.024% | $1.1M | $256K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 743.14 | −0.020% | $840K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 743.05 | −0.032% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 743.00 | −0.039% | $21.4M | $26.9M | 50x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.78 | −0.068% | $3.3M | $20.9M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 743.36 | +0.010% | $16.9M | $5.5M | 20x | as long as short |
| Variational Omni QQQ | 0.0000% | 8h | 743.22 | −0.008% | $17.1M | $7.3M | — | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 743.60 | +0.042% | $2K | $1.9M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.64 | −0.087% | $1.2M | $536K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.57 | +0.038% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.12 | −0.022% | $359K | $1.6M | 10x | as long as short |
| Binance QQQUSDTshort | +0.0006% | 8h | 743.11 | −0.023% | $70.8M | $141.2M | 25x | |
| RISEx QQQ/USDClong | +0.0010% | 1h | 743.29 | long leg | $5.4M | $7.3M | 25x | |
| Lighter QQQ | +0.0032% | 1h | 743.01 | −0.037% | $7.7M | $15.8M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 743.41 | +0.017% | $37.0M | $78.7M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 742.68 | −0.082% | $702K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 744.20 | +0.123% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0072% | 8h | 743.44 | +0.021% | $315K | $1.9M | 10x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0073% | 1h | 742.91 | −0.051% | $424K | $150K | 20x | as long as short |
| Nado QQQ-PERP | +0.0091% | 1h | 742.94 | −0.047% | $1.5M | $769K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.86 | −0.057% | $3.4M | $339K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 743.28 | −0.001% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.85 | −0.059% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 742.35 | −0.127% | $92K | $1K | 10x | as long as short |
| Phoenix QQQ | +0.0118% | 1h | 743.10 | −0.025% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0938% | 4h | 743.35 | +0.009% | $760K | $334K | 20x | as long as short |
RISEx QQQ/USDC
Binance QQQUSDT
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
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
Deribit QQQ_USDC-PERPETUAL
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Phoenix QQQ
edgeX QQQUSDC