Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%
Price spread now: Bybit against RISEx−0.005%7-day average +0.002% · 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−$24as in the Price arb table
costs, in and out, $10k−$240.236% of the position
Funding, last 4 days (all we have)−0.186%−$19 on $10k
+Price spread, last 7 days+0.033%+$3 · spread now −0.005%, 7d avg +0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx QQQ/USDC | 741.91 | 0 | get 0.0000% / 1h | 7m 25s | $5.5M | $5.6M | 25x |
| Short | Bybit QQQUSDT | 741.87 | 0 | get 0.0000% / 8h | 4h 07m | $10.9M | $5.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- Price spread: −0.005% → +0.002%
- −$0.74
- Slippage, 4 orders
- −$6.64
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$24.38
- Costs to cover
- 0.236%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 5 min ago; Bybit: 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 | 1.15 bp | 4.1 bp −$4 | 4.6 bp −$46 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.07 bp | 7.3 bp −$7 | 10.0 bp −$100 | 43.7 bp −$4,373 | doesn't fit |
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 | 742.12 | +0.028% | $25K | — | 26x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0197% | 1h | 740.27 | −0.221% | $4.2M | $1.8M | 20x | as long as short |
| BloFin QQQ-USDT | −0.0012% | 8h | 742.08 | +0.023% | $1.1M | $254K | 20x | as long as short |
| Bybit QQQUSDTshort | 0.0000% | 8h | 741.87 | −0.005% | $10.9M | $5.0M | 50x | |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 741.90 | −0.001% | $22.1M | $30.9M | 50x | as long as short |
| RISEx QQQ/USDClong | 0.0000% | 1h | 741.91 | long leg | $5.5M | $5.6M | 25x | |
| Gate QQQ_USDT | 0.0000% | 8h | 741.52 | −0.052% | $3.7M | $20.5M | 50x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 742.58 | +0.091% | $2K | $1.5M | 10x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 742.87 | +0.130% | $247K | $45K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 742.35 | +0.060% | $360K | $1.7M | 10x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus QQQ-USD | +0.0004% | 1h | 741.28 | −0.085% | $651K | $1.4M | 25x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0006% | 1h | 741.70 | −0.028% | $398K | $102K | 20x | as long as short |
| Aster QQQUSDT | +0.0012% | 8h | 742.13 | +0.030% | $855K | $925K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 741.42 | −0.066% | $7.2M | $16.6M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.24 | +0.045% | $39.0M | $77.3M | 50x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.01 | +0.149% | — | $337K | 50x | as long as short |
| Bitget QQQUSDT | +0.0048% | 8h | 742.25 | +0.046% | $17.1M | $6.0M | 20x | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0048% | 1h | 741.84 | −0.009% | $1.2M | $586K | 20x | as long as short |
| Nado QQQ-PERP | +0.0080% | 1h | 741.71 | −0.026% | $1.6M | $787K | 20x | as long as short |
| Variational Omni QQQ | +0.0088% | 8h | 742.06 | +0.021% | $16.8M | $6.9M | — | as long as short |
| Binance QQQUSDT | +0.0100% | 8h | 742.08 | +0.024% | $72.4M | $150.0M | 25x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 741.77 | −0.019% | $3.4M | $538K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 741.79 | −0.016% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 741.89 | −0.002% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.37 | −0.073% | $92K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0239% | 8h | 742.44 | +0.072% | $315K | $2.1M | 10x | as long as short |
| Phoenix QQQ | +0.0409% | 1h | 741.75 | −0.021% | $43K | $59K | 20x | as long as short |
| edgeX QQQUSDC | +0.0864% | 4h | 742.08 | +0.023% | $759K | $335K | 20x | as long as short |
RISEx QQQ/USDC
Bybit QQQUSDT
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
SunX QQQ-USDT
HTX QQQ-USDT
Phemex QQQUSDT
Deribit QQQ_USDC-PERPETUAL
Aster QQQUSDT
Lighter QQQ
Lighter RH QQQ
Bitget QQQUSDT
Coinbase International QQQ-PERP-INTX
Variational Omni QQQ
Binance QQQUSDT
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
GRVT QQQ_USDT_Perp
Phoenix QQQ
edgeX QQQUSDC