Funding you earn now, next payment 04:00 UTC−0.0222%/8h= −24.3% APRnext payment −$0.28 per $10,000 · paid last 24h −0.081%
Price spread now: GMX against RISEx−0.010%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx QQQ/USDC | 744.54 | 0 | get 0.0000% / 1h | 33m 12s | $5.4M | $7.5M | 25x |
| Short | GMX QQQ/USD [ETH-USDC] | 744.47 | L −0.0122% / S +0.0222% | pay 0.0028% / 1h | 33m 12s | $25K | — | 26x |
RISEx QQQ/USDC
GMX QQQ/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$46.66
- Price spread: −0.010% → 0.000%
- −$0.96
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$65.62
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: RISEx: live order book, 1 min ago; GMX: no order-book sample. 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 RISEx live order book, 1 min ago | 0.13 bp | 3.2 bp −$3 | 4.1 bp −$41 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps QQQ-USD.P | −0.0148% | 1h | 743.21 | −0.178% | $4.2M | $1.8M | 20x | as long as short |
| GMX QQQ/USD [ETH-USDC]short | L −0.0122% / S +0.0222% | 1h | 744.47 | −0.010% | $25K | — | 26x | |
| BloFin QQQ-USDT | −0.0023% | 8h | 744.29 | −0.033% | $1.1M | $271K | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 744.44 | −0.013% | $841K | $714K | 20x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 744.36 | −0.024% | $10.7M | $5.0M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 744.29 | −0.033% | $21.5M | $26.9M | 50x | as long as short |
| RISEx QQQ/USDClong | 0.0000% | 1h | 744.54 | long leg | $5.4M | $7.5M | 25x | |
| Gate QQQ_USDT | 0.0000% | 8h | 743.83 | −0.095% | $3.3M | $20.8M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 744.61 | +0.010% | $16.9M | $5.7M | 20x | as long as short |
| SunX QQQ-USDT | 0.0000% | 8h | 744.91 | +0.050% | $2K | $1.9M | 10x | as long as short |
Ondo Perps QQQ-USD.P
BloFin QQQ-USDT
Aster QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
Gate QQQ_USDT
Bitget QQQUSDT
SunX QQQ-USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX QQQ-USDT | 0.0000% | 8h | 744.81 | +0.037% | $257K | $29K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 744.78 | +0.033% | $363K | $1.5M | 10x | as long as short |
| Variational Omni QQQ | +0.0002% | 8h | 744.38 | −0.020% | $17.1M | $7.5M | — | as long as short |
| Coinbase International QQQ-PERP-INTX | +0.0008% | 1h | 743.96 | −0.077% | $1.2M | $536K | 20x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 744.27 | −0.036% | $7.7M | $16.3M | 30x | as long as short |
| Binance QQQUSDT | +0.0039% | 8h | 744.46 | −0.010% | $71.1M | $141.7M | 25x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 743.77 | −0.103% | $700K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 745.46 | +0.124% | — | $337K | 50x | as long as short |
| Lighter RH QQQ | +0.0048% | 1h | 744.74 | +0.027% | $36.9M | $79.0M | 50x | as long as short |
| Nado QQQ-PERP | +0.0096% | 1h | 744.09 | −0.059% | $1.5M | $876K | 20x | as long as short |
| KuCoin QQQUSDTM | +0.0100% | 8h | 744.12 | −0.056% | $3.4M | $386K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 744.09 | −0.060% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 744.19 | −0.047% | $12K | $21K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 743.65 | −0.119% | $93K | $1K | 10x | as long as short |
| GRVT QQQ_USDT_Perp | +0.0110% | 8h | 744.58 | +0.006% | $324K | $1.9M | 10x | as long as short |
| edgeX QQQUSDC | +0.0111% | 4h | 744.37 | −0.022% | $761K | $335K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 744.01 | −0.071% | $38K | $66K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0315% | 1h | 744.41 | −0.017% | $425K | $149K | 20x | as long as short |
HTX QQQ-USDT
Phemex QQQUSDT
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
Lighter QQQ
Binance QQQUSDT
Arcus QQQ-USD
Vest QQQ-USD-PERP
Lighter RH QQQ
Nado QQQ-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Aevo QQQ-PERP
GRVT QQQ_USDT_Perp
edgeX QQQUSDC
Phoenix QQQ
Deribit QQQ_USDC-PERPETUAL